Cheap Apartments for Rent in the Avalon Park Neighborhood of Chicago, IL from $500 (206 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Avalon Park area of Chicago.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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935-941 E 81st St
Studio to 2 Bedroom Apartments

935-941 E 81st St

935-941 E 81st StChicago, IL 60619
  • Utilities Included
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Ingleside Building
Studio to 2 Bedroom Apartments

Ingleside Building

8101-8125 S Ingleside AveChicago, IL 60619
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The Doral
Studio to 1 Bedroom Apartments

The Doral

7616 S South Shore DrChicago, IL 60649
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1121-1123 E 82nd St
Studio Apartments

1121-1123 E 82nd St

1121-1123 E 82nd StChicago, IL 60619
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7520 S. Coles Avenue
1 to 2 Bedroom Apartments

7520 S. Coles Avenue

7516-7524 S Coles AveChicago, IL 60649
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6957 S Michigan Ave
Studio to 1 Bedroom Apartments

6957 S Michigan Ave

6957 S Michigan AveChicago, IL 60637
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741-53 E 79th St
Studio to 1 Bedroom Apartments

741-53 E 79th St

741-753 E 79th StChicago, IL 60619
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6739 S Jeffery Blvd
Studio to 1 Bedroom Apartments

6739 S Jeffery Blvd

6739 S Jeffery BlvdChicago, IL 60649
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7241-7255 S Constance Ave
Studio to 2 Bedroom Apartments

7241-7255 S Constance Ave

7241-7255 S Constance AveChicago, IL 60649
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Avalon Park, Chicago, IL Local Guide

Cheapest Available Avalon Park Apartments for Rent

 

The cheapest available apartment rental in the Avalon Park area of Chicago, IL is a Studio unit found at Highlands Tudor Manor - 55+ Community priced from $700. 8208 S Drexel Ave has the second lowest priced unit, which is a Studio apartment currently listed from $765. Here are the most affordable Avalon Park apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Highlands Tudor Manor - 55+ CommunityStudioStudio,1BA$700
8208 S Drexel AveStudio ApartmentStudio,1BA$765
7850 S Constance AveStudio ApartmentStudio,1BA$775
2235 E 71st StStudio ApartmentStudio,1BA$805
8001-03 S Muskegon AveStudio ApartmentStudio,1BA$830
7924 S Vernon1 Bedroom 1 Bath Apartment1BR,1BA$835
7145-49 S Indiana AveStudio ApartmentStudio,1BA$835
7609 S Coles1 Bedroom 1 Bath Apartment1BR,1BA$840
7800 S Michigan AveStudio ApartmentStudio,1BA$845
The Townhouse ApartmentsStudio, 1 bathStudio,1BA$850

Best Value Apartments for Rent in Avalon Park, IL

As of December 12, 2025 the best value apartment in the Avalon Park area is the $0.94 price per square foot 3BD/2BA Model at 7437-7439 S Chappel Ave in the in the South Shore neighborhood starting from $1,875. The second greatest value Avalon Park apartment is the 8234 S Maryland Ave Model at 8234 S Maryland Ave, Unit 3 starting at $1,800 with a $0.90 price per square foot in the Chatham neighborhood. Here is today’s list of the best values for Avalon Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
7437-7439 S Chappel Ave3BD/2BA3BR,2BA$0.94
8234 S Maryland Ave, Unit 38234 S Maryland Ave3BR,1BA$0.90
8445 S Marquette Ave, Unit 1 Floor8445 S Marquette Ave2BR,1BA$0.89
7953 S Essex Ave, Unit Unit 27953 S Essex Ave3BR,1BA$1.03
8615 S Colfax Ave, Unit 8615-18615 S Colfax Ave3BR,2BA$1.00
8136 S Exchange Ave, Unit 28136 S Exchange Ave4BR,1BA$1.08
South Shore Apartments4BR/1.5BA w/ Dining4BR,1.5BA$0.90
2817 E 77th St2 Bedroom 1 Bath Apartment2BR,1BA$1.03
8642 S Maryland Ave1 Bed, 1 bath1BR,1BA$1.00
7924 S Vernon1 Bedroom 1 Bath Apartment1BR,1BA$0.98

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Avalon Park, Chicago, IL

Ranked #60

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Avalon Park, Chicago, IL

School data provided by Great Schools

Getting Around the Avalon Park Neighborhood in Chicago, IL

Walk Score®

76 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

61 / 100

Bikeable

Some bike infrastructure

Transit Score®

62 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Avalon Park Apartments

What is the Cheapest Studio apartment in Avalon Park?

Currently the most affordable Cheap Studio Apartment in Avalon Park is at Highlands Tudor Manor - 55+ Community listed at $700.

How much is rent for a Cheap One Bedroom Avalon Park Apartment?

The lowest price for a Cheap One Bedroom Avalon Park Apartment is $795 at 7850 S Constance Ave.

What is the lowest price for a Cheap Two Bedroom Avalon Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Avalon Park is starting from $910 at 7800-06 S Essex.

What is the most affordable Avalon Park Three Bedroom Apartment?

The best deal on a cheap Avalon Park Three Bedroom Apartment rental is at 6933 S Indiana and starts from $1,100.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Written by: Nicole Harms

From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.