close
View Me
$7501 Bedroom Apartments Available Jun 15
7538 S Evans Ave, Unit Basement
7538 S Evans AveChicago, IL 60619
Cheap Homes for Rent in Chatham Neighborhood of Chicago, IL from $1,000 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Chatham area of Chicago.
8645 S Drexel Ave
ChicagoIL60619
8235 S Vernon Ave
ChicagoIL60619
8010 S Evans Ave
ChicagoIL60619
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.
close
View Me
$1,2502 Bedroom Apartments Available Now
7908 S Langley Ave, Unit 201
7908 S Langley AveChicago, IL 60619
close
View Me
$1,2952 Bedroom Apartments Available Now
650 E 79th St, Unit 203
650 E 79th StChicago, IL 60619
950 E 86th St
ChicagoIL60619
8024 S Michigan Ave, Unit 2 West
8024 S Michigan Ave
ChicagoIL60619
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.
close
View Me
$1,3002 Bedroom Apartments Available Now
8346-8348 S Maryland Ave, Unit 8346-3
8346-8348 S Maryland AveChicago, IL 60619
Showing Results 1-9, Page 1 of 1
Chatham, Chicago, IL Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Chatham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chatham 2 Bedroom Homes for Rent | $1,465 | $1,050 | $2,050 |
| Chatham 3 Bedroom Homes for Rent | $1,936 | $1,650 | $2,250 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Chatham Neighborhood of Chicago, IL.
Explore Chicago
Let everyone know!
Do you know the Chatham area?
If you’re an expert on all things Chatham, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Cheapest Available Chatham Apartments for Rent
The cheapest available apartment rental in the Chatham area of Chicago, IL is a Studio unit found at 8152 S Evans priced from $815. 7929 S State has the second lowest priced unit, which is a Studio apartment currently listed from $860. Here are the most affordable Chatham apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 8152 S Evans | Studio Apartment | Studio,1BA | $815 |
| 7929 S State | Studio Apartment | Studio,1BA | $860 |
| 8001 S Ellis | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $870 |
Best Value Apartments for Rent in Chatham, IL
As of June 09, 2026 the best value apartment in the Chatham area is the $1.00 price per square foot 7925 S Vernon Ave Model at 7925 S Vernon Ave, Unit 3 in the in the Chatham neighborhood starting from $1,500. The second greatest value Chatham apartment is the 7944 S Lafayette Ave Model at 7944 S Lafayette Ave, Unit 2 starting at $1,200 with a $0.89 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. |
|---|---|---|---|
| 7925 S Vernon Ave, Unit 3 | 7925 S Vernon Ave | 3BR,1.5BA | $1.00 |
| 7944 S Lafayette Ave, Unit 2 | 7944 S Lafayette Ave | 2BR,1BA | $0.89 |
| 7442 S Langley Ave | 7442 S Langley Ave | 3BR,1BA | $1.38 |
| 7944 S Ellis Ave | Unit 1 | 3BR,1BA | $1.15 |
| 8014 S Maryland Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.14 |
| 8056 S Drexel | 2 Bedroom 1 Bath Apartment with Dining | 2BR,1BA | $1.27 |
| 7939 S Dobson Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.38 |
| Chatham Apartments | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.36 |
| 8222 S Ingleside Ave | 1 Bedroom 1 Bath Apartment with Dining | 1BR,1BA | $1.34 |
| 8051 S Ingleside Ave | 1 Bedroom 1 Bath Apartment with Dining | 1BR,1BA | $1.38 |
Frequently Asked Questions about Chatham
What type of rentals are currently available in Chatham?
There are currently 423 Apartments for Rent in Chatham, IL with pricing that ranges from $750 to $8,757. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chatham ranging from $1,000 to $2,250.
What is the current price range for Rental Homes in Chatham?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Chatham ranges from $1,000 to $2,250 with an average monthly rent of $1,467.
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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.