Cheap Apartments for Rent in the Avalon Park Neighborhood of Chicago, IL from $500 (438 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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property at 7948 S Drexel Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

7948 S Drexel Ave

ChicagoIL60619

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

Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

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Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

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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. 7953-59 S Dobson Ave Chicago, IL 60619 has the second lowest priced unit, which is a Studio apartment currently listed from $770. 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
7953-59 S Dobson Ave Chicago, IL 60619Studio ApartmentStudio,1BA$770
7850 S Constance Ave 1822 E 79th Street Chicago, IL 60649Studio ApartmentStudio,1BA$780
7925 S Phillips Chicago, IL 60617Studio ApartmentStudio,1BA$785
8208 S Drexel Ave Chicago, IL 60619Studio ApartmentStudio,1BA$785
8152 S Evans 714-20 E 82nd Chicago, IL 60619Studio ApartmentStudio,1BA$815
8702 S Escanaba Ave2Front2BR,1BA$850
7929 S State St Chicago, IL 60619Studio ApartmentStudio,1BA$860
7941 S Marquette1 Bedroom 1 Bath Apartment1BR,1BA$860

Best Value Apartments for Rent in Avalon Park, IL

As of May 04, 2026 the best value apartment in the Avalon Park area is the $0.71 price per square foot 8855 S Dorchester Ave Model at 8855 S Dorchester Ave, Unit 2ndfloorr in the in the South Chicago neighborhood starting from $1,200. The second greatest value Avalon Park apartment is the 6810 S Calumet Ave Model at 6810 S Calumet Ave starting at $1,550 with a $1.03 price per square foot in the Greater Grand Crossing 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.
8855 S Dorchester Ave, Unit 2ndfloorr8855 S Dorchester Ave2BR,1BA$0.71
6810 S Calumet Ave6810 S Calumet Ave3BR,1BA$1.03
8028 S Phillips Ave, Unit 3F8028 S Phillips Ave2BR,1.5BA$1.04
8040 S Evans Ave, Unit 1st floor8040 S Evans Ave3BR,1BA$1.11
8136 S Exchange Ave, Unit 28136 S Exchange Ave4BR,1BA$1.04
8043 S Maryland Ave2 Beds, 1 bath2BR,1BA$1.08
7020 S Merrill Ave Chicago, IL 606493 Bedroom 1.5 Bath Apartment with Dining3BR,1.5BA$1.10
7944 S Ellis AveUnit 13BR,1BA$1.15
8014 S Maryland Ave Chicago, IL 606192 Bedroom 1 Bath Apartment2BR,1BA$1.14
7801-13 S Essex 2509-11 E 78th Chicago, IL 606492 Bedroom 1 Bath Apartment2BR,1BA$1.13

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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 #56

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 $860 at 7941 S Marquette.

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 7609 S Coles and starts from $1,125.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.