Cheap Apartments for Rent in the Chatham Neighborhood of Chicago, IL from $500 (121 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

Read Article
close
View Me
935-941 E 81st St
Studio to 2 Bedroom Apartments

935-941 E 81st St

935-941 E 81st StChicago, IL 60619
  • Utilities Included
close
View Me
1121-1123 E 82nd St
Studio Apartments

1121-1123 E 82nd St

1121-1123 E 82nd StChicago, IL 60619
  • Utilities Included
close
View Me
741-53 E 79th St
Studio to 1 Bedroom Apartments

741-53 E 79th St

741-753 E 79th StChicago, IL 60619
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
close
View Me
8051-8053 S King Dr
Studio to 3 Bedroom Apartments

8051-8053 S King Dr

8051-8053 S King DrChicago, IL 60619
close
View Me
7945-7955 S. Drexel Ave.
Studio to 2 Bedroom Apartments

7945-7955 S. Drexel Ave.

7945-7955 S Drexel AveChicago, IL 60619
  • Utilities Included
close
View Me
7948-7958 S Ingleside Ave
Studio to 2 Bedroom Apartments

7948-7958 S Ingleside Ave

7948-7958 S Ingleside AveChicago, IL 60619
  • Utilities Included
close
View Me
7908 S Prairie Ave
Studio to 1 Bedroom Apartments

7908 S Prairie Ave

7908 S Prairie AveChicago, IL 60619
close
View Me
7451 S Vernon Ave
Studio to 2 Bedroom Apartments

7451 S Vernon Ave

7451 S Vernon AveChicago, IL 60619
  • Utilities Included
close
View Me
8232 S Drexel Ave
Studio to 2 Bedroom Apartments

8232 S Drexel Ave

8232 S Drexel AveChicago, IL 60619
  • Utilities Included
close
View Me
7903 S Rhodes Ave
1 to 2 Bedroom Apartments

7903 S Rhodes Ave

7903 S Rhodes AveChicago, IL 60619
  • Utilities Included
close
View Me
319 E 79th
1 Bedroom Apartments

319 E 79th

319-325 E 79th StChicago, IL 60619

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!

Read Article
close
View Me
8249 S Evans
1 to 2 Bedroom Apartments

8249 S Evans

8249 S Evans AveChicago, IL 60619
close
View Me
7903 S Eberhart
Studio to 2 Bedroom Apartments

7903 S Eberhart

7903 S Eberhart AveChicago, IL 60619
close
View Me
8001 S Ellis
Studio to 1 Bedroom Apartments

8001 S Ellis

8001-8009 S Ellis AveChicago, IL 60619
  • Utilities Included
close
View Me
7903 S Evans
Studio to 2 Bedroom Apartments

7903 S Evans

7903 S Evans AveChicago, IL 60619
close
View Me
7949 S St Lawrence
1 to 2 Bedroom Apartments

7949 S St Lawrence

7949 S Saint Lawrence AveChicago, IL 60619
close
View Me
400 E 81st St
1 to 2 Bedroom Apartments

400 E 81st St

400 E 81st StChicago, IL 60619
close
View Me
915 E 83rd St
1 to 2 Bedroom Apartments

915 E 83rd St

915 E 83rd StChicago, IL 60619
  • Utilities Included

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.

Read Article
close
View Me
8208 S Drexel
Studio to 1 Bedroom Apartments

8208 S Drexel

8208-8210 S DrexelChicago, IL 60619
close
View Me
8042 S Ellis Ave
1 Bedroom Apartments

8042 S Ellis Ave

8034-8042 S Ellis AveChicago, IL 60619
close
View Me
8640 S Ingleside
1 to 2 Bedroom Apartments

8640 S Ingleside

8640 S Ingleside AveChicago, IL 60619
  • Utilities Included
close
View Me
7953 S Dobson
Studio to 2 Bedroom Apartments

7953 S Dobson

7953-7959 S Dobson AveChicago, IL 60619
  • Utilities Included
close
View Me
7917 S Drexel
1 to 2 Bedroom Apartments

7917 S Drexel

7917-7927 S Drexel AveChicago, IL 60619
  • Utilities Included
close
View Me
8051 S Ingleside
Studio to 4 Bedroom Apartments

8051 S Ingleside

8051 S Ingleside AveChicago, IL 60619
  • Utilities Included
close
View Me
8203 S Indiana Ave
1 to 2 Bedroom Apartments

8203 S Indiana Ave

8203 S Indiana AveChicago, IL 60619
  • Utilities Included
close
View Me
Chatham Apartments
Studio to 2 Bedroom Apartments

Chatham Apartments

7505 S Calumet AveChicago, IL 60619
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
Showing Results 1-50, Page 1 of 3

Cheapest Available Chatham Apartments for Rent

 

The cheapest available apartment rental in the Chatham area of Chicago, IL is a Studio unit found at 8001 S Ellis priced from $740. 84th Place & Ingleside has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Chatham apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
8001 S EllisStudio ApartmentStudio,1BA$740
84th Place & Ingleside1 Beds, 1 Baths1BR,1BA$850
8640 S Ingleside1 Bedroom 1 Bath Apartment1BR,1BA$880
7917 S Drexel1 Bedroom 1 Bath Apartment1BR,1BA$895
8051 S Ingleside1 Bedroom 1 Bath Apartment with Dining1BR,1BA$895
7929 S StateStudio ApartmentStudio,1BA$910
8222 S Ingleside1 Bedroom 1 Bath Apartment with Dining1BR,1BA$920
8251 S Ellis1 Bedroom 1 Bath Apartment1BR,1BA$945
8100 S Drexel1 Bedroom 1 Bath Apartment1BR,1BA$960
8127 S Ellis1 Bedroom 1 Bath Apartment with Dining1BR,1BA$975

Best Value Apartments for Rent in Chatham, IL

As of September 09, 2026 the best value apartment in the Chatham area is the $1.00 price per square foot 8230 S Ellis Ave Model at 8230 S Ellis Ave, Unit 3 in the in the Chatham neighborhood starting from $1,350. The second greatest value Chatham apartment is the 8040 S Evans Ave Model at 8040 S Evans Ave, Unit 1st floor starting at $1,650 with a $1.22 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.
8230 S Ellis Ave, Unit 38230 S Ellis Ave2BR,1BA$1.00
8040 S Evans Ave, Unit 1st floor8040 S Evans Ave3BR,1BA$1.22
7824 S Greenwood Ave, Unit G7824 S Greenwood Ave4BR,2BA$1.13
8219 S King Dr, Unit 1 west8219 S King Dr2BR,1BA$1.40
7451 S Eberhart Ave2 Bedroom 1 Bath Apartment2BR,1BA$1.31
8056 S Drexel2 Bedroom 1 Bath Apartment2BR,1BA$1.34
7949 S Ellis2 Bedroom 1 Bath Apartment2BR,1BA$1.23
84th Place & Ingleside1 Beds, 1 Baths1BR,1BA$1.13
8127 S Ellis1 Bedroom 1 Bath Apartment with Dining1BR,1BA$1.39
8051 S Ingleside1 Bedroom 1 Bath Apartment with Dining1BR,1BA$1.38

Frequently Asked Questions about Cheap Chatham Apartments

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

The lowest price for a Cheap One Bedroom Chatham Apartment is $850 at 84th Place & Ingleside.

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 $980 at 7949 S Ellis.

What is the most affordable Chatham Three Bedroom Apartment?

The best deal on a cheap Chatham Three Bedroom Apartment rental is at 963 E 84th St and starts from $1,275.

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

decorative image for The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago article

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Written by: Nicole Harms

When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

decorative image for Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible article

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

Written by: Nicole Harms

I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

decorative image for Chicago Relocation 101: Mastering Utilities, Registration, and the CTA article

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

Written by: Nicole Harms

Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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

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 Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.