Cheap Homes for Rent in Douglas Neighborhood of Chicago, IL from $1,500 (10 Rentals)

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

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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 Lake Meadows Apartments priced from $975. 2423 State Street has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,019. Here are the most affordable Douglas apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Lake Meadows Apartmentslakem4-0b1aStudio,1BA$975
2423 State StreetPrivate Bedroom in Shared 4 Bed 3 Bath - A4BR,3BA$1,019
Lake Grove Village1B1BR,1BA$1,100

Best Value Apartments for Rent in Douglas, IL

As of June 11, 2025 the best value apartment in the Douglas area is the $2.69 price per square foot C2 Model at The Shelby in the in the Near South Side neighborhood starting from $3,229. The second greatest value Douglas apartment is the 2943 S Canal St Model at 2943 S Canal St, Unit 2 starting at $1,500 with a $1.50 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.
The ShelbyC22BR,2BA$2.69
2943 S Canal St, Unit 22943 S Canal St1BR,1BA$1.50
240 W 24th St, Unit 2F240 W 24th St2BR,1BA$1.82
Arrive LEXAstor1BR,1BA$3.39
Eden Commons1 Bedroom1BR,1BA$2.42
Lake Grove Village1A1BR,1BA$1.78
Aspire ResidencesAsp_1b_031BR,1BA$4.05
CoevalS1Studio ,1BA$3.72
Lake Meadows Apartmentslakem9-0b1aStudio ,1BA$2.64
Prairie ShoresRenovated StudioStudio ,1BA$3.37

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Frequently Asked Questions about Douglas

What type of rentals are currently available in Douglas?

There are currently 363 Apartments for Rent in Douglas, IL with pricing that ranges from $975 to $10,932. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Douglas ranging from $1,535 to $2,999.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Douglas ranges from $1,535 to $2,999 with an average monthly rent of $2,100.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Douglas range from $1,485 to $10,932, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,450 to $2,995. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $1,235.

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.