
Cheap Homes for Rent in the Chatham Neighborhood of Chicago, IL from $1,100 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Chatham area of Chicago.


7908 S Langley Ave, Unit 201

650 E 79th St, Unit 203

950 E 86th St

8346-8348 S Maryland Ave, Unit 8346-3
Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

8251 S King Dr, Unit B1

658 E 81st St, Unit G

658 E 81st St

8635 S Ingleside Ave, Unit 1

312 E 83rd St, Unit 1
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

8229 S Vernon 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 | $1,360 | $1,300 | $1,400 |
| Chatham 3 Bedroom Homes for Rent | $1,862 | $1,550 | $2,250 |
| Chatham 4 Bedroom Homes for Rent | $2,250 | $1,700 | $2,800 |
| Chatham 5 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Browse Homes for Rent in this Neighborhood
There are currently 11 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 1 Bed unit found at 84th Place & Ingleside priced from $850. 8640 S Ingleside 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 84th Place & Ingleside | 1 Beds, 1 Baths | 1BR,1BA | $850 |
| 8640 S Ingleside | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $880 |
| 1108 E 82nd | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $890 |
| 7917 S Drexel | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $895 |
| 8051 S Ingleside | 1 Bedroom 1 Bath Apartment with Dining | 1BR,1BA | $895 |
Best Value Apartments for Rent in Chatham, IL
As of July 25, 2026 the best value apartment in the Chatham area is the $0.84 price per square foot 7942 S Lafayette Ave Model at 7942 S Lafayette Ave, Unit The South Side Estate in the in the Chatham neighborhood starting from $1,950. The second greatest value Chatham apartment is the 8040 S Evans Ave Model at 8040 S Evans Ave, Unit 1st floor 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 7942 S Lafayette Ave, Unit The South Side Estate | 7942 S Lafayette Ave | 3BR,1BA | $0.84 |
| 8040 S Evans Ave, Unit 1st floor | 8040 S Evans Ave | 3BR,1BA | $1.11 |
| 8014 S Maryland | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.14 |
| 7949 S Ellis | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.23 |
| 84th Place & Ingleside | 1 Beds, 1 Baths | 1BR,1BA | $1.13 |
| 8236 S Maryland | 1 Bedroom 1 Bath Apartment with Dining | 1BR,1BA | $1.34 |
| 8222 S Ingleside | 1 Bedroom 1 Bath Apartment with Dining | 1BR,1BA | $1.34 |
| 8051 S Ingleside | 1 Bedroom 1 Bath Apartment with Dining | 1BR,1BA | $1.38 |
| 8152 S Evans | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.41 |
| 1108 E 82nd | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.42 |
Frequently Asked Questions about Chatham
What type of rentals are currently available in Chatham?
There are currently 427 Apartments for Rent in Chatham, IL with pricing that ranges from $755 to $2,700. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chatham ranging from $1,100 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 $1,100 to $2,800 with an average monthly rent of $1,769.
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 $1,490 to $2,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $2,250. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,450.
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

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Written by: Nicole Harms
I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Written by: Nicole Harms
Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.