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Cheap Apartments for Rent in the Chatham Neighborhood of Chicago, IL from $500 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Chatham area of Chicago.
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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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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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1 to 3 Bedroom Apartments
Chatham Park Village-Cooperative (Membership)
737 E 83rd PlChicago, IL 60619
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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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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Showing Results 1-28, Page 1 of 1
Chatham, Chicago, IL Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Chatham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chatham Studio Apartments | $898 | $750 | $1,050 |
| Chatham 1 Bedroom Apartments | $1,465 | $999 | $2,939 |
| Chatham 2 Bedroom Apartments | $1,648 | $1,050 | $4,519 |
| Chatham 3 Bedroom Apartments | $1,715 | $1,450 | $2,100 |
| Chatham 4 Bedroom Apartments | $1,550 | $1,400 | $2,000 |
Browse Apartments in this Neighborhood
There are currently 28 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 808 W 76th St priced from $750. 8100 S Drexel Ave has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Chatham apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 808 W 76th St | Studio Apartment | Studio,1BA | $750 |
| 8100 S Drexel Ave | Studio Apartment | Studio,1BA | $895 |
| 7948 S Greenwood Ave | One Bedroom One Bath | 1BR,1BA | $910 |
| 7901-11 S Dobson Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $935 |
| 8231-37 S Ellis Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $960 |
| 7916 S Drexel Ave | 2 Bedroom | 2BR,1BA | $970 |
| Chatham Grove | 1 Bedroom, 1 Bath | 1BR,1BA | $999 |
| 6752 S Michigan Ave | Studio Apartment | Studio,1BA | $1,000 |
| 8201 S Michigan Avenue | 1 Bedroom | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Chatham, IL
As of June 06, 2025 the best value apartment in the Chatham area is the $1.00 price per square foot 7914 S Champlain Ave Model at 7914 S Champlain Ave, Unit 3 in the in the Chatham neighborhood starting from $2,000. The second greatest value Chatham apartment is the 7838 S Ellis Ave Model at 7838 S Ellis Ave, Unit 1 starting at $1,686 with a $1.53 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. |
|---|---|---|---|
| 7914 S Champlain Ave, Unit 3 | 7914 S Champlain Ave | 4BR,1BA | $1.00 |
| 7838 S Ellis Ave, Unit 1 | 7838 S Ellis Ave | 2BR,1BA | $1.53 |
| 8017 S Vernon Ave | 2BD/1BA | 2BR,1BA | $1.33 |
| 7524 S Ellis Ave, Unit 1 | 7524 S Ellis Ave | 4BR,1BA | $1.40 |
| 8139-8145 S Maryland Ave | 1BR/1.0BA | 1BR,1BA | $1.39 |
| 7747 S Greenwood Ave, Unit 1 | 7747 S Greenwood Ave | 2BR,1BA | $1.40 |
| 7901-11 S Dobson Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.39 |
| 8231-37 S Ellis Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.42 |
| 7916 S Drexel Ave | 2 Bedroom | 2BR,1BA | $1.49 |
| 808 W 76th St | Studio Apartment | Studio ,1BA | $1.50 |
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
What is the Cheapest Studio apartment in Chatham?
Currently the most affordable Cheap Studio Apartment in Chatham is at 808 W 76th St listed at $750.
How much is rent for a Cheap One Bedroom Chatham Apartment?
The lowest price for a Cheap One Bedroom Chatham Apartment is $910 at 7948 S Greenwood 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 $970 at 7916 S Drexel 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.
The Art of the Rental Viewing: What to look for during a property tour
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You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.