
Cheap Apartments for Rent in the Chatham Neighborhood of Chicago, IL from $500 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Chatham area of Chicago.


8238 S Ellis Ave
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Chatham, Chicago, IL Local Guide

How much does it cost to rent an apartment in Chatham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chatham Studio Apartments | $700 | $700 | $700 |
| Chatham 1 Bedroom Apartments | $1,216 | $835 | $1,789 |
| Chatham 2 Bedroom Apartments | $1,385 | $1,000 | $1,650 |
| Chatham 3 Bedroom Apartments | $1,900 | $1,350 | $4,147 |
| Chatham 4 Bedroom Apartments | $4,540 | $1,350 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 2 mile radius of the Chatham Neighborhood of Chicago, IL.
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Cheapest Available Chatham Apartments for Rent
 The cheapest available apartment rental in the Chatham area of Chicago, IL is a Studio unit found at 8001-09 S Ellis Ave priced from $720. 8238 S Ellis Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $835. Here are the most affordable Chatham apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 8001-09 S Ellis Ave | Studio Apartment | Studio,1BA | $720 |
| 8238 S Ellis Ave | 1 Bedroom 1 Bath Apartment with dining | 1BR,1BA | $835 |
| 8152 S Evans | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $850 |
| 8208 S Drexel Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $855 |
| 8253-59 S Ingleside Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $855 |
| 8000-12 S Maryland Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $860 |
| 7800 S Michigan Ave | Studio Apartment | Studio,1BA | $865 |
| 7917-27 S Drexel Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $875 |
| 8200-04 S Ingleside Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $880 |
| 8345-49 S Drexel Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $890 |
Best Value Apartments for Rent in Chatham, IL
As of November 02, 2025 the best value apartment in the Chatham area is the $0.98 price per square foot 8234 S Maryland Ave Model at 8234 S Maryland Ave, Unit 3 in the in the Chatham neighborhood starting from $1,950. The second greatest value Chatham apartment is the 8221 S Eberhart Ave Model at 8221 S Eberhart Ave, Unit 3 starting at $1,800 with a $1.13 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 8234 S Maryland Ave, Unit 3 | 8234 S Maryland Ave | 3BR,1BA | $0.98 |
| 8221 S Eberhart Ave, Unit 3 | 8221 S Eberhart Ave | 3BR,2BA | $1.13 |
| 8043 S Champlain Ave, Unit 2 | 8043 S Champlain Ave | 3BR,1BA | $1.16 |
| 8114 S Ellis Ave, Unit 3 Unit | 8114 S Ellis Ave | 2BR,1BA | $1.18 |
| 8014 S Maryland Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.14 |
| 8642 S Maryland Ave | 1 Bed, 1 bath | 1BR,1BA | $1.00 |
| 7949 S Ellis Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.23 |
| 8253-59 S Ingleside Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.22 |
| 8000-12 S Maryland Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.27 |
| 8152 S Evans | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.31 |
Getting Around the Chatham Neighborhood in Chicago, IL
Walk Score®
84 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
56 / 100
Bikeable
Some bike infrastructure
Transit Score®
63 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $835 at 8238 S Ellis Ave.
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 7949 S Ellis Ave.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.



































