
Cheap Apartments for Rent in the Canaryville Neighborhood of Chicago, IL from $900 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Canaryville area of Chicago.


500 W 45th Pl

720 W 47th St

5120-5126 S Michigan Ave

The Clover (1)

5124 S Michigan Ave
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.

4837-4839 S Michigan Ave

3820 S Lowe Ave

1352-1354 W 51st St

3949 S Wells St

4549-4557 S Michigan Ave

4750 S Michigan Ave
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.

5224 S Michigan Ave

4852-4858 S Indiana Ave

4710 S Wabash Ave

3811 S Wabash Ave

4238 S Indiana Ave

Rosenwald Courts
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.

4714-4720 S Michigan Ave

4820 S Michigan

4213-4223 S Michigan Ave

Deliverance Manor

3622 S State St

4834-4846 S Indiana Ave
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.

4905 S Michigan Ave

4858 S May St

4901 S Michigan Ave
Canaryville, Chicago, IL Local Guide

How much does it cost to rent an apartment in Canaryville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Canaryville 2 Bedroom Apartments | $1,845 | $1,595 | $2,100 |
| Canaryville 3 Bedroom Apartments | $2,181 | $1,200 | $3,150 |
| Canaryville 4 Bedroom Apartments | $5,000 | $5,000 | $5,000 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 1 mile radius of the Canaryville Neighborhood of Chicago, IL.
See all Apartments in ChicagoExplore Chicago
Canaryville, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 4820 S Michigan | 2 Bedroom 1 Bath Garden | 2BR,1BA | $1,610 |
| Park Boulevard 2B | Market Rate Apartments - 2 Bedroom | 2BR,1BA | $2,100 |
| Celebration Apartments | 3 Bed 2 Bath | 3BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3935 S Wells St, Unit 1 | 3935 S Wells St | 4BR,4BA | $1.67 |
| Celebration Apartments | 3 Bed 2 Bath | 3BR,2BA | $1.86 |
| Park Boulevard 2B | Market Rate Apartments - 2 Bedroom | 2BR,1BA | $1.98 |
| 4820 S Michigan | 2 Bedroom 1 Bath Apartment | 2BR,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.
Read ArticleBest 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
Read ArticleA 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
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Canaryville, Chicago, IL
Graham A Elementary School
Sherman School of Excellence
School data provided by Great Schools
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

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.

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.

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.

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

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.

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.

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.

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.