Cheap Apartments for Rent in the Chatham Neighborhood of Chicago, IL from $500 (43 Rentals)

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

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935-941 E 81st St
Studio to 2 Bedroom Apartments

935-941 E 81st St

935-941 E 81st StChicago, IL 60619
  • Utilities Included
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Ingleside Building
Studio to 2 Bedroom Apartments

Ingleside Building

8101-8125 S Ingleside AveChicago, IL 60619
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1121-1123 E 82nd St
Studio Apartments

1121-1123 E 82nd St

1121-1123 E 82nd StChicago, IL 60619
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741-53 E 79th St
Studio to 1 Bedroom Apartments

741-53 E 79th St

741-753 E 79th StChicago, IL 60619
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7945-7955 S. Drexel Ave.
Studio to 2 Bedroom Apartments

7945-7955 S. Drexel Ave.

7945-7955 S Drexel AveChicago, IL 60619
  • 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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7948-7958 S Ingleside Ave
Studio to 2 Bedroom Apartments

7948-7958 S Ingleside Ave

7948-7958 S Ingleside AveChicago, IL 60619
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7908 S Prairie Ave
Studio to 1 Bedroom Apartments

7908 S Prairie Ave

7908 S Prairie AveChicago, IL 60619
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963 E 84th St
Studio to 2 Bedroom Apartments

963 E 84th St

963 E 84th StChicago, IL 60619
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7451 S Vernon Ave
Studio to 2 Bedroom Apartments

7451 S Vernon Ave

7451 S Vernon AveChicago, IL 60619
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8232 S Drexel Ave
Studio to 2 Bedroom Apartments

8232 S Drexel Ave

8232 S Drexel AveChicago, IL 60619
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7903 S Rhodes Ave
1 to 2 Bedroom Apartments

7903 S Rhodes Ave

7903 S Rhodes AveChicago, IL 60619
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319 E 79th
1 Bedroom Apartments

319 E 79th

319-325 E 79th StChicago, IL 60619

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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7903 S Eberhart
Studio to 2 Bedroom Apartments

7903 S Eberhart

7903 S Eberhart AveChicago, IL 60619
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8249 S Evans
1 to 2 Bedroom Apartments

8249 S Evans

8249 S Evans AveChicago, IL 60619
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400 E 81st St
1 to 2 Bedroom Apartments

400 E 81st St

400 E 81st StChicago, IL 60619

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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915 E 83rd St
1 to 2 Bedroom Apartments

915 E 83rd St

915 E 83rd StChicago, IL 60619
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7949 S St Lawrence
1 to 2 Bedroom Apartments

7949 S St Lawrence

7949 S Saint Lawrence AveChicago, IL 60619
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8042 S Ellis Ave
1 Bedroom Apartments

8042 S Ellis Ave

8034-8042 S Ellis AveChicago, IL 60619
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84th Place & Ingleside
Studio to 1 Bedroom Apartments

84th Place & Ingleside

954 E 84th PlChicago, IL 60619
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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8203 S Indiana Ave
1 to 2 Bedroom Apartments

8203 S Indiana Ave

8203 S Indiana AveChicago, IL 60619
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Chatham Apartments
Studio to 2 Bedroom Apartments

Chatham Apartments

7505 S Calumet AveChicago, IL 60619
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Showing Results 1-43, Page 1 of 1

Cheapest Available Chatham Apartments for Rent

 

The cheapest available apartment rental in the Chatham area of Chicago, IL is a Studio unit found at 8000 S Ellis Ave 947-55 E 80th St Chicago, IL 60619 priced from $715. 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 Chatham apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
8000 S Ellis Ave 947-55 E 80th St Chicago, IL 60619Studio ApartmentStudio,1BA$715
7953-59 S Dobson Ave Chicago, IL 60619Studio ApartmentStudio,1BA$770
8152 S Evans 714-20 E 82nd Chicago, IL 60619Studio ApartmentStudio,1BA$815
7929 S State St Chicago, IL 60619Studio ApartmentStudio,1BA$860
7916 S Drexel Ave Chicago, IL 606191 Bedroom 1 Bath Apartment1BR,1BA$880
7917-27 S Drexel Ave Chicago, IL 606191 Bedroom 1 Bath Apartment1BR,1BA$895
8051 S Ingleside Ave 934-42 E 81st Chicago, IL 606191 Bedroom 1 Bath Apartment with Dining1BR,1BA$895
8200-04 S Ingleside Ave 915-19 E 82nd St Chicago, IL 606191 Bedroom 1 Bath Apartment with Dining1BR,1BA$900
8642 S Maryland Ave1 Bed, 1 bath1BR,1BA$900
8238 S Ellis Ave Chicago, IL 606191 Bedroom 1 Bath Apartment with Dining1BR,1BA$915

Best Value Apartments for Rent in Chatham, IL

As of March 10, 2026 the best value apartment in the Chatham area is the $1.13 price per square foot 8221 S Eberhart Ave Model at 8221 S Eberhart Ave, Unit 3 in the in the Chatham neighborhood starting from $1,800. The second greatest value Chatham apartment is the 8031 S Rhodes Ave Model at 8031 S Rhodes Ave, Unit 3 starting at $1,550 with a $1.11 price per square foot in the Chatham neighborhood. Here is today’s list of the best values for Chatham apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8221 S Eberhart Ave, Unit 38221 S Eberhart Ave3BR,2BA$1.13
8031 S Rhodes Ave, Unit 38031 S Rhodes Ave3BR,2BA$1.11
8043 S Maryland Ave2 Beds, 1 bath2BR,1BA$1.08
7944 S Ellis AveUnit 13BR,1BA$1.15
8014 S Maryland Ave Chicago, IL 606192 Bedroom 1 Bath Apartment2BR,1BA$1.14
8100 S Drexel Ave Chicago, IL 606192 Bedroom 1 Bath Apartment2BR,1BA$1.16
8642 S Maryland Ave1 Bed, 1 bath1BR,1BA$1.00
7930-46 S Ingleside Ave Chicago, IL 606192 Bedroom 1 Bath Apartment2BR,1BA$1.16
8253-59 S Ingleside Ave Chicago, IL 606192 Bedroom 1 Bath Apartment2BR,1BA$1.15
8148-56 S Ingleside 914-918 E 82nd St Chicago, IL 606192 Bedroom 1 Bath Apartment2BR,1BA$1.18

Frequently Asked Questions about Cheap Chatham Apartments

What is the Cheapest Studio apartment in Chatham?

Currently the most affordable Cheap Studio Apartment in Chatham is at 8000 S Ellis Ave 947-55 E 80th St Chicago, IL 60619 listed at $715.

How much is rent for a Cheap One Bedroom Chatham Apartment?

The lowest price for a Cheap One Bedroom Chatham Apartment is $880 at 7916 S Drexel Ave Chicago, IL 60619.

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

Today's best deal for a Cheap Two Bedroom Apartment in Chatham is starting from $985 at 8152 S Evans 714-20 E 82nd Chicago, IL 60619.

What is the most affordable Chatham Three Bedroom Apartment?

The best deal on a cheap Chatham Three Bedroom Apartment rental is at 8000 S Ellis Ave 947-55 E 80th St Chicago, IL 60619 and starts from $1,180.

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.

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