Cheap Homes for Rent in Chatham Neighborhood of Chicago, IL from $1,100 (18 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 1 Bed unit found at 1108 E 82nd St Chicago, IL 60619 priced from $880. 8000 S Ellis Ave 947-55 E 80th St Chicago, IL 60619 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here are the most affordable Chatham apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
1108 E 82nd St Chicago, IL 606191 Bedroom 1 Bath Apartment1BR,1BA$880
8000 S Ellis Ave 947-55 E 80th St Chicago, IL 606191 Bedroom 1 Bath Apartment1BR,1BA$880
8200-04 S Ingleside Ave 915-19 E 82nd St Chicago, IL 606191 Bedroom 1 Bath Apartment with Dining1BR,1BA$900
8642 S Maryland Ave1 Bed, 1 bath1BR,1BA$900
8238 S Ellis Ave Chicago, IL 606191 Bedroom 1 Bath Apartment with Dining1BR,1BA$915

Best Value Apartments for Rent in Chatham, IL

As of January 20, 2026 the best value apartment in the Chatham area is the $0.85 price per square foot 8234 S Maryland Ave Model at 8234 S Maryland Ave, Unit 3 in the in the Chatham neighborhood starting from $1,700. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
8234 S Maryland Ave, Unit 38234 S Maryland Ave3BR,1BA$0.85
8221 S Eberhart Ave, Unit 38221 S Eberhart Ave3BR,2BA$1.13
7914 S Champlain Ave, Unit B7914 S Champlain Ave3BR,1BA$1.20
8031 S Rhodes Ave, Unit 38031 S Rhodes Ave3BR,2BA$1.11
8040 S Evans Ave, Unit 38040 S Evans Ave3BR,1BA$1.11
7944 S Ellis AveUnit 13BR,1BA$1.15
7730 S Michigan Ave, Unit 1st floor7730 S Michigan Ave3BR,1BA$1.25
7948 S Drexel Ave, Unit 27948 S Drexel Ave3BR,1BA$1.18
8258 S Langley Ave, Unit 28258 S Langley Ave3BR,1BA$1.25
8642 S Maryland Ave1 Bed, 1 bath1BR,1BA$1.00

Frequently Asked Questions about Chatham

What type of rentals are currently available in Chatham?

There are currently 429 Apartments for Rent in Chatham, IL with pricing that ranges from $700 to $14,542. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chatham ranging from $1,175 to $2,800.

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 $1,175 to $2,800 with an average monthly rent of $2,000.

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 $1,250 to $2,648, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $2,200. Four Bedroom Single-Family rentals are also available starting from $2,750 and Four Bedroom Apartments start at $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

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

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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.

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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

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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.

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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.

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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

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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Everything is a negotiation in real estate!