Cheap Homes for Rent in Depaul Neighborhood of Chicago, IL from $1,000 (55 Rentals)

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Search the lowest-cost Homes available for rent right now in the Depaul 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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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Depaul, Chicago, IL Local Guide

Cheapest Available Depaul Apartments for Rent

 

The cheapest available apartment rental in the Depaul area of Chicago, IL is a 4 Beds unit found at Post Chicago Apartments priced from $1,179. 1049 West Oakdale Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,397. Here are the most affordable Depaul apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Post Chicago Apartments4 Bed 3 Bath4BR,3BA$1,179
1049 West Oakdale ApartmentsStudioStudio,1BA$1,397
SoNu DigsSX1.5Studio,1BA$1,445
LathropStudioStudio,1BA$1,500

Best Value Apartments for Rent in Depaul, IL

As of May 31, 2025 the best value apartment in the Depaul area is the $0.40 price per square foot 2919 N Racine Ave Model at 2919 N Racine Ave, Unit 1stfl in the in the Lakeview neighborhood starting from $1,820. The second greatest value Depaul apartment is the 2817 N Damen Ave Model at 2817 N Damen Ave, Unit # 01 starting at $3,970 with a $1.80 price per square foot in the Depaul neighborhood. Here is today’s list of the best values for Depaul apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2919 N Racine Ave, Unit 1stfl2919 N Racine Ave2BR,1BA$0.40
2817 N Damen Ave, Unit # 012817 N Damen Ave4BR,3BA$1.80
2835 N Damen Ave, Unit 1R2835 N Damen Ave3BR,2BA$1.78
2835 N Damen Ave, Unit J05P2835 N Damen Ave3BR,2BA$1.90
2835 N Damen Ave, Unit M00B2835 N Damen Ave3BR,2BA$1.90
2817 N Mildred Ave, Unit 22817 N Mildred Ave2BR,1BA$1.99
2117 N Winchester Ave, Unit 2F2117 N Winchester Ave2BR,1BA$1.81
Post Chicago Apartments3 Bed 2 Bath3BR,2BA$1.05
1781 W Altgeld St1781 Altgeld1BR,1BA$1.67
830 W Altgeld St, Unit #GF830 W Altgeld St1BR,1BA$1.99

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Depaul

What type of rentals are currently available in Depaul?

There are currently 960 Apartments for Rent in Depaul, IL with pricing that ranges from $1,025 to $20,441. There are also 261 Single Family Homes for rent, Condos, and Townhome rentals currently available in Depaul ranging from $1,095 to $15,000.

What is the current price range for Rental Homes in Depaul?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Depaul ranges from $1,095 to $15,000 with an average monthly rent of $5,247.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Depaul range from $1,099 to $20,441, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,595 to $6,500. Four Bedroom Single-Family rentals are also available starting from $3,970 and Four Bedroom Apartments start at $1,179.

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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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.

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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.

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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.

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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.