7645 S Cottage Grove Ave
ChicagoIL60619
Cheap Homes for Rent in Chatham Neighborhood of Chicago, IL from $700 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Chatham area of Chicago.
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.
7556 S Langley Ave
ChicagoIL60619
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.
7626 S Drexel Ave
ChicagoIL60619
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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 | $1,641 | $1,375 | $2,100 |
| Chatham 3 Bedroom Homes for Rent | $1,837 | $1,550 | $2,000 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Chatham Neighborhood of Chicago, IL.
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Best Value Apartments for Rent in Chatham, IL
As of May 30, 2025 the best value apartment in the Chatham area is the $0.60 price per square foot 8046 S Maryland Ave Model at 8046 S Maryland Ave, Unit 1st floor in the in the Chatham neighborhood starting from $899. The second greatest value Chatham apartment is the 8044 S Maryland Ave Model at 8044 S Maryland Ave, Unit C starting at $1,690 with a $1.41 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. |
|---|---|---|---|
| 8046 S Maryland Ave, Unit 1st floor | 8046 S Maryland Ave | 2BR,1BA | $0.60 |
| 8044 S Maryland Ave, Unit C | 8044 S Maryland Ave | 3BR,1BA | $1.41 |
| 8017 S Vernon Ave | 2BD/1BA | 2BR,1BA | $1.33 |
| 7943 S Drexel Ave, Unit 3 | 7943 S Drexel Ave | 4BR,1BA | $1.39 |
| 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 |
| 7955 S Calumet Ave | 2 Bedroom 1 Bath Garden unit | 2BR,1BA | $1.28 |
| 8231-37 S Ellis Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.41 |
| 7916 S Drexel Ave | 2 Bedroom | 2BR,1BA | $1.49 |
Frequently Asked Questions about Chatham
What type of rentals are currently available in Chatham?
There are currently 448 Apartments for Rent in Chatham, IL with pricing that ranges from $700 to $4,519. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chatham ranging from $700 to $2,100.
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 $700 to $2,100 with an average monthly rent of $1,392.
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
Written by: Marie Brown
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.