Cheap Homes for Rent in Chatham Neighborhood of Chicago, IL from $1,300 (12 Rentals)

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

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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 8100 S Drexel Ave priced from $705. 8000 S Ellis Ave has the second lowest priced unit, which is a Studio apartment currently listed from $760. Here are the most affordable Chatham apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
8100 S Drexel AveStudio ApartmentStudio,1BA$705
8000 S Ellis AveStudioStudio,1BA$760
915 E 83rd St1BR/1BA1BR,1BA$775
8000-12 S Maryland AveStudio ApartmentStudio,1BA$815
1108 E 82nd St2 Bedroom 1 Bath Apartment2BR,1BA$855

Best Value Apartments for Rent in Chatham, IL

As of September 11, 2025 the best value apartment in the Chatham area is the $1.00 price per square foot 8234 S Maryland Ave Model at 8234 S Maryland Ave, Unit 3 in the in the Chatham neighborhood starting from $2,000. The second greatest value Chatham apartment is the 8040 S Evans Ave Model at 8040 S Evans Ave, Unit 3 starting at $1,500 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.
8234 S Maryland Ave, Unit 38234 S Maryland Ave3BR,1BA$1.00
8040 S Evans Ave, Unit 38040 S Evans Ave3BR,1BA$1.11
8043 S Champlain Ave, Unit 28043 S Champlain Ave3BR,1BA$1.23
8017 S Vernon Ave2BD/1BA2BR,1BA$1.33
8440-42 S Drexel Ave2 Bedroom 1 Bath Apartment with dining2BR,1BA$1.04
7924 S Vernon1 Bedroom 1 Bath Apartment1BR,1BA$1.14
8101 S Drexel Ave2 Bedroom 1 Bath Garden unit2BR,1BA$1.18
915 E 83rd St1BR/1BA1BR,1BA$0.97
8148-56 S Ingleside2 Bed 1 Bath Apartment2BR,1BA$1.28
1108 E 82nd St2 Bedroom 1 Bath Apartment2BR,1BA$1.10

Frequently Asked Questions about Chatham

What type of rentals are currently available in Chatham?

There are currently 430 Apartments for Rent in Chatham, IL with pricing that ranges from $1,025 to $7,339. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chatham ranging from $1,350 to $2,000.

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 $1,350 to $2,000 with an average monthly rent of $1,791.

How much are larger Three and Four Bedroom Rentals in Chatham?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Chatham range from $1,350 to $2,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $1,350.

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.

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