Cheap Apartments for Rent in the Avalon Park Neighborhood of Chicago, IL from $500 (451 Rentals)

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

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Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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. 7903 S Evans has the second lowest priced unit, which is a Studio apartment currently listed from $745. 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
7903 S EvansStudio ApartmentStudio,1BA$745
8208 S DrexelStudio ApartmentStudio,1BA$785
84th Place & Ingleside1 Beds, 1 Baths1BR,1BA$850
8702 S Escanaba Ave2Front2BR,1BA$850
7941 S Marquette1 Bedroom 1 Bath Apartment1BR,1BA$860
7150-52 S Cornell Ave0 Beds, 1 BathsStudio,1BA$875
8640 S Ingleside1 Bedroom 1 Bath Apartment1BR,1BA$880
1108 E 82nd1 Bedroom 1 Bath Apartment1BR,1BA$890
7925 S Phillips1 Bedroom 1 Bath Apartment1BR,1BA$895

Best Value Apartments for Rent in Avalon Park, IL

As of August 05, 2026 the best value apartment in the Avalon Park area is the $0.84 price per square foot 7942 S Lafayette Ave Model at 7942 S Lafayette Ave, Unit The South Side Estate in the in the Chatham neighborhood starting from $1,950. The second greatest value Avalon Park apartment is the 8452 S Burnham Ave Model at 8452 S Burnham Ave, Unit 8452 S. Burnham starting at $1,225 with a $0.61 price per square foot in the South Chicago 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.
7942 S Lafayette Ave, Unit The South Side Estate7942 S Lafayette Ave3BR,1BA$0.84
8452 S Burnham Ave, Unit 8452 S. Burnham8452 S Burnham Ave2BR,1BA$0.61
7234 S Jeffery Blvd3 Beds, 1 bath3BR,1BA$1.16
8230 S Ellis Ave, Unit Unit 38230 S Ellis Ave2BR,1BA$1.00
8120 S Ellis Ave, Unit Unit 28120 S Ellis Ave2BR,1BA$1.10
2823 E 77th St, Unit Apartment2823 E 77th St3BR,1BA$1.00
9006 S Escanaba Ave2 Beds, 1 Baths2BR,1BA$1.02
LUELLA2/12BR,1BA$1.09
8014 S Maryland2 Bedroom 1 Bath Apartment2BR,1BA$1.14
84th Place & Ingleside1 Beds, 1 Baths1BR,1BA$1.13

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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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 #42

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

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 $850 at 84th Place & Ingleside.

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 $850 at 8702 S Escanaba Ave.

What is the most affordable Avalon Park Three Bedroom Apartment?

The best deal on a cheap Avalon Park Three Bedroom Apartment rental is at 7131 S Yates and starts from $1,190.

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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When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

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Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

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I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

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Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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

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