
Cheap Homes for Rent in Chatham Neighborhood of Chicago, IL from $1,000 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Chatham area of Chicago.


8039 S Ingleside Ave
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.

7948 S Drexel Ave

7918 S Rhodes Ave
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.

8010 S Evans Ave
Chatham, Chicago, IL Local Guide

How much does it cost to rent a home in Chatham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chatham 2 Bedroom Homes for Rent | $1,424 | $1,200 | $1,600 |
| Chatham 3 Bedroom Homes for Rent | $1,815 | $1,350 | $2,200 |
| Chatham 4 Bedroom Homes for Rent | $2,225 | $1,700 | $2,750 |
| Chatham 5 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Chatham Neighborhood of Chicago, IL.
Explore Chicago
Cheapest Available Chatham Apartments for Rent
 The cheapest available apartment rental in the Chatham area of Chicago, IL is a Studio unit found at 8000 S Ellis Ave 947-55 E 80th St Chicago, IL 60619 priced from $715. 7953-59 S Dobson Ave Chicago, IL 60619 has the second lowest priced unit, which is a Studio apartment currently listed from $770. Here are the most affordable Chatham apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 8000 S Ellis Ave 947-55 E 80th St Chicago, IL 60619 | Studio Apartment | Studio,1BA | $715 |
| 7953-59 S Dobson Ave Chicago, IL 60619 | Studio Apartment | Studio,1BA | $770 |
| 8152 S Evans 714-20 E 82nd Chicago, IL 60619 | Studio Apartment | Studio,1BA | $815 |
Best Value Apartments for Rent in Chatham, IL
As of March 10, 2026 the best value apartment in the Chatham area is the $1.13 price per square foot 8221 S Eberhart Ave Model at 8221 S Eberhart Ave, Unit 3 in the in the Chatham neighborhood starting from $1,800. The second greatest value Chatham apartment is the 8031 S Rhodes Ave Model at 8031 S Rhodes Ave, Unit 3 starting at $1,550 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 8221 S Eberhart Ave, Unit 3 | 8221 S Eberhart Ave | 3BR,2BA | $1.13 |
| 8031 S Rhodes Ave, Unit 3 | 8031 S Rhodes Ave | 3BR,2BA | $1.11 |
| 8043 S Maryland Ave | 2 Beds, 1 bath | 2BR,1BA | $1.08 |
| 7944 S Ellis Ave | Unit 1 | 3BR,1BA | $1.15 |
| 8014 S Maryland Ave Chicago, IL 60619 | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.14 |
| 8100 S Drexel Ave Chicago, IL 60619 | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.16 |
| 8642 S Maryland Ave | 1 Bed, 1 bath | 1BR,1BA | $1.00 |
| 7930-46 S Ingleside Ave Chicago, IL 60619 | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.16 |
| 8253-59 S Ingleside Ave Chicago, IL 60619 | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.15 |
| 8148-56 S Ingleside 914-918 E 82nd St Chicago, IL 60619 | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.18 |
Frequently Asked Questions about Chatham
What type of rentals are currently available in Chatham?
There are currently 434 Apartments for Rent in Chatham, IL with pricing that ranges from $700 to $5,784. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chatham ranging from $1,000 to $2,750.
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 $2,750 with an average monthly rent of $1,808.
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 $1,300 to $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,700 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

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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
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.

Renting with Roommates: Realistic Expectations for Shared Lease
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.