Cheap Apartments for Rent in the Douglas Neighborhood of Chicago, IL from $1,000 (13 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Douglas area of Chicago.

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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.

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Lake Park Manor
1 to 4 Bedroom Apartments

Lake Park Manor

3601-3645 S Lake Park AveChicago, IL 60653
  • Utilities Included
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Oakwood Apartments
Studio to 1 Bedroom Apartments

Oakwood Apartments

427-439 E Oakwood BlvdChicago, IL 60653

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3622 S State St
1 to 3 Bedroom Apartments

3622 S State St

3622 S State StChicago, IL 60609

Douglas, Chicago, IL Local Guide

Cheapest Available Douglas Apartments for Rent

 

The cheapest available apartment rental in the Douglas area of Chicago, IL is a Studio unit found at Prairie Shores priced from $1,014. Lake Meadows Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,030. Here are the most affordable Douglas apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Prairie ShoresClassic StudioStudio,1BA$1,014
Lake Meadows Apartmentslakem8-0b1bStudio,1BA$1,030
Prairie CoLivingPrivate bedroom with en-suite bathroom1BR,1BA$1,122
McCormick CoLivingEnsuite4BR,3BA$1,147
The Pershing1 bed1BR,1BA$1,180

Best Value Apartments for Rent in Douglas, IL

As of November 03, 2025 the best value apartment in the Douglas area is the $1.67 price per square foot 3935 S Wells St Model at 3935 S Wells St, Unit 1 in the in the Douglas neighborhood starting from $5,000. The second greatest value Douglas apartment is the 3935 S Wells St Model at 3935 S Wells St, Unit 1 starting at $4,800 with a $1.60 price per square foot in the Douglas neighborhood. Here is today’s list of the best values for Douglas apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3935 S Wells St, Unit 13935 S Wells St4BR,4BA$1.67
3935 S Wells St, Unit 13935 S Wells St4BR,4BA$1.60
3935 S Wells St, Unit 13935 S Wells St4BR,4BA$1.67
3935 S Wells St, Unit 13935 S Wells St4BR,4BA$1.60
445 W 37th St, Unit 2445 W 37th St3BR,1.5BA$1.67
Park Boulevard 2BMarket Rate Apartments - 2 Bedroom2BR,1BA$1.98
4010 S Calumet Ave, Unit 1S4010 S Calumet Ave2BR,2BA$2.23
4010 S Calumet Ave, Unit 1D4010 S Calumet Ave2BR,2BA$2.37
The Pershing1 bed1BR,1BA$1.72
Lake Grove Village1A1BR,1BA$1.97

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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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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Pet Friendly Lifestyle
Douglas, Chicago, IL

Ranked #57

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Douglas Apartments

What is a cheap apartment in Douglas?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Douglas is under $1,368.

What is the price of a cheap apartment in Douglas?

The cheapest apartment in Douglas is Prairie CoLiving which is listed at $1,122, while the average apartment in Douglas costs $2,400.

What types of apartments are the cheapest in Douglas?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 114 regular apartments in Douglas that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Douglas?

Cheap apartments in Douglas have an average cost of $946 which is $1,454 cheaper than the average rent for all rentals in Douglas.

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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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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.