Cheap Homes for Rent in Avalon Park Neighborhood of Chicago, IL from $900 (78 Rentals)

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

property at 2707 E 78th St

$1,100

Total Monthly Price

Total Monthly Price

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

2 Bedroom, 1 Bath Condo for Rent

Available Now

2707 E 78th St, Unit 2W

2707 E 78th St
ChicagoIL60649

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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property at 7337 S South Shore Dr

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

Studio, 1 Bath Condo for Rent

Available Now

7337 S South Shore Dr, Unit 1421

7337 S South Shore Dr
ChicagoIL60649

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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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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-50, Page 1 of 2

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. 2235 E 71st St has the second lowest priced unit, which is a Studio apartment currently listed from $780. 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
2235 E 71st StStudio ApartmentStudio,1BA$780
7923 S Phillips AveStudio ApartmentStudio,1BA$785
7003 S Harper Ave1 Bedroom 1 Bath Apartment1BR,1BA$845
8702 S Escanaba Ave2Front2BR,1BA$850
7941 S Marquette Ave1 Bedroom 1 Bath Apartment1BR,1BA$860
8001 S Ellis Ave1 Bedroom 1 Bath Apartment1BR,1BA$870
6904 S Cregier AveStudio ApartmentStudio,1BA$880
8051 S Ingleside Ave1 Bedroom 1 Bath Apartment with Dining1BR,1BA$895
7917-7927 S Drexel Ave1 Bedroom 1 Bath Apartment1BR,1BA$895

Best Value Apartments for Rent in Avalon Park, IL

As of June 11, 2026 the best value apartment in the Avalon Park area is the $0.33 price per square foot 7536 S Phillips Ave Model at 7536 S Phillips Ave, Unit New York Property nest Inc. in the in the South Shore neighborhood starting from $2,000. The second greatest value Avalon Park apartment is the 7925 S Vernon Ave Model at 7925 S Vernon Ave, Unit 3 starting at $1,500 with a $1.00 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.
7536 S Phillips Ave, Unit New York Property nest Inc.7536 S Phillips Ave3BR,1.5BA$0.33
7925 S Vernon Ave, Unit 37925 S Vernon Ave3BR,1.5BA$1.00
8028 S Phillips Ave, Unit 3F8028 S Phillips Ave2BR,1.5BA$1.04
7944 S Lafayette Ave, Unit 27944 S Lafayette Ave2BR,1BA$0.89
7944 S Ellis AveUnit 13BR,1BA$1.15
9006 S Escanaba Ave2 Beds, 1 Baths2BR,1BA$1.02
LUELLA2/12BR,1BA$1.09
8014 S Maryland Ave2 Bedroom 1 Bath Apartment2BR,1BA$1.14
South Shore Apartments2 Bedroom 1 Bath Apartment2BR,1BA$1.17
7801 S Essex Ave2 Bedroom 1 Bath Apartment2BR,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

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 Avalon Park

What type of rentals are currently available in Avalon Park?

There are currently 1656 Apartments for Rent in Avalon Park, IL with pricing that ranges from $700 to $9,008. There are also 187 Single Family Homes for rent, Condos, and Townhome rentals currently available in Avalon Park ranging from $920 to $7,500.

What is the current price range for Rental Homes in Avalon Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Avalon Park ranges from $920 to $7,500 with an average monthly rent of $2,470.

How much are larger Three and Four Bedroom Rentals in Avalon Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Avalon Park range from $1,165 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,425 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $1,300.

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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.