Cheap Apartments for Rent in the Canaryville Neighborhood of Chicago, IL from $900 (27 Rentals)

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

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500 W 45th Pl
2 Bedroom Apartments

500 W 45th Pl

500 W 45th PlChicago, IL 60609
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720 W 47th St
2 Bedroom Apartments

720 W 47th St

720 W 47th StChicago, IL 60609
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The Clover (1)
4 Bedroom Apartments

The Clover (1)

3718 S Indiana AveChicago, IL 60653
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5124 S Michigan Ave
1 to 5 Bedroom Apartments

5124 S Michigan Ave

5124 S Michigan AveChicago, IL 60615
  • Utilities Included

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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3820 S Lowe Ave
Studio to 2 Bedroom Apartments

3820 S Lowe Ave

3820 S Lowe AveChicago, IL 60609
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3949 S Wells St
Studio Apartments

3949 S Wells St

3949 S Wells StChicago, IL 60609
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4750 S Michigan Ave
1 to 4 Bedroom Apartments

4750 S Michigan Ave

4750 S Michigan AveChicago, IL 60615
  • Utilities Included

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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4238 S Indiana Ave
3 to 4 Bedroom Apartments

4238 S Indiana Ave

4238 S Indiana AveChicago, IL 60653
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Rosenwald Courts
1 to 2 Bedroom Apartments

Rosenwald Courts

4600-4602 S Michigan AveChicago, IL 60653
  • 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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4820 S Michigan
2 Bedroom Apartments

4820 S Michigan

4820 S Michigan AveChicago, IL 60615
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Deliverance Manor
Studio to 1 Bedroom Apartments

Deliverance Manor

4201 S Wabash AveChicago, IL 60653
  • Utilities Included
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3622 S State St
1 to 3 Bedroom Apartments

3622 S State St

3622 S State StChicago, IL 60609
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4834-4846 S Indiana Ave
2 to 3 Bedroom Apartments

4834-4846 S Indiana Ave

4834-4846 S Indiana AveChicago, IL 60615
  • Utilities Included

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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4905 S Michigan Ave
1 Bedroom Apartments

4905 S Michigan Ave

4905 S Michigan AveChicago, IL 60615
  • Utilities Included
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4858 S May St
5 Bedroom Apartments

4858 S May St

4858 S May StChicago, IL 60609
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4901 S Michigan Ave
2 to 4 Bedroom Apartments

4901 S Michigan Ave

4901 S Michigan AveChicago, IL 60615
  • Utilities Included

Canaryville, Chicago, IL Local Guide

Cheapest Available Canaryville Apartments for Rent

 

The cheapest available apartment rental in the Canaryville area of Chicago, IL is a 2 Beds unit found at 4820 S Michigan priced from $1,610. Park Boulevard 2B has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,100. Here are the most affordable Canaryville apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
4820 S Michigan2 Bedroom 1 Bath Garden2BR,1BA$1,610
Park Boulevard 2BMarket Rate Apartments - 2 Bedroom2BR,1BA$2,100
Celebration Apartments3 Bed 2 Bath3BR,2BA$2,950

Best Value Apartments for Rent in Canaryville, IL

As of May 24, 2026 the best value apartment in the Canaryville area is the $1.67 price per square foot 3935 S Wells St Model at 3935 S Wells St, Unit 1 in the in the Douglas neighborhood starting from $5,000. The second greatest value Canaryville apartment is the 3 Bed 2 Bath Model at Celebration Apartments starting at $2,950 with a $1.86 price per square foot in the Armour Square neighborhood. Here is today’s list of the best values for Canaryville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3935 S Wells St, Unit 13935 S Wells St4BR,4BA$1.67
Celebration Apartments3 Bed 2 Bath3BR,2BA$1.86
Park Boulevard 2BMarket Rate Apartments - 2 Bedroom2BR,1BA$1.98
4820 S Michigan2 Bedroom 1 Bath Apartment2BR,1BA$1.68

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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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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Frequently Asked Questions about Cheap Canaryville Apartments

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

Today's best deal for a Cheap Two Bedroom Apartment in Canaryville is starting from $1,610 at 4820 S Michigan.

What is the most affordable Canaryville Three Bedroom Apartment?

The best deal on a cheap Canaryville Three Bedroom Apartment rental is at Celebration Apartments and starts from $2,950.

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

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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.

Articles, How-To's, and Tips

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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.