Cheap Apartments for Rent in the Edgewater Neighborhood of Chicago, IL from $600 (104 Rentals)

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

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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.

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Ridge-Magnolia
Studio Apartments

Ridge-Magnolia

5643-5655 N Ridge AveChicago, IL 60660

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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The Coronado
Studio Apartments

The Coronado

1061 W Rosemont AveChicago, IL 60660
  • Utilities Included
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6131 N Winthrop Ave
Studio to 1 Bedroom Apartments

6131 N Winthrop Ave

6131 N Winthrop AveChicago, IL 60660
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1255 W. Bryn Mawr
Studio to 1 Bedroom Apartments

1255 W. Bryn Mawr

1255 W Bryn MawrChicago, IL 60660
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Edgewater, Chicago, IL Local Guide

Cheapest Available Edgewater Apartments for Rent

 

The cheapest available apartment rental in the Edgewater area of Chicago, IL is a Studio unit found at Bryn Mawr Belle Shore priced from $879. The Bell Shore has the second lowest priced unit, which is a Studio apartment currently listed from $879. Here are the most affordable Edgewater apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Bryn Mawr Belle ShoreStudio A1Studio,1BA$879
The Bell ShoreStudio A1Studio,1BA$879
Catalpa Vista ApartmentsSTUDIOStudio,1BA$1,095
5417 Kenmore LLC304Studio,1BA$1,095
5726 N. WinthropStudioStudio,1BA$1,115
Winthrop Terrace0BR/1.0BAStudio,1BA$1,150
Winthrop Manor0BR/1.0BAStudio,1BA$1,200

Best Value Apartments for Rent in Edgewater, IL

As of June 10, 2025 the best value apartment in the Edgewater area is the $1.44 price per square foot 6354 N Paulina St Model at 6354 N Paulina St, Unit 1 in the in the Edgewater neighborhood starting from $2,595. The second greatest value Edgewater apartment is the 1774 W Highland Ave Model at 1774 W Highland Ave, Unit #306 starting at $1,800 with a $1.64 price per square foot in the Edgewater neighborhood. Here is today’s list of the best values for Edgewater apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
6354 N Paulina St, Unit 16354 N Paulina St2BR,2BA$1.44
1774 W Highland Ave, Unit #3061774 W Highland Ave2BR,1.5BA$1.64
5700 N Winthrop Ave2BR/1.0BA2BR,1BA$2.14
Thorndale Paulina2BD/1BA2BR,1BA$1.82
Kenmore 5800 N2B/1B - 5800M2BR,1BA$2.00
6030 N Sheridan Rd, Unit 16016030 N Sheridan Rd1BR,1BA$1.89
1519 W Granville Ave, Unit Garden1519 W Granville Ave1BR,1BA$2.00
5902 N Magnolia Ave, Unit M06B5902 N Magnolia Ave1BR,1BA$2.00
5664 N Ridge Ave, Unit M03B5664 N Ridge Ave1BR,1BA$1.86
6166 N Winthrop Ave, Unit #1036166 N Winthrop Ave1BR,1BA$1.94

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Pet Friendly Lifestyle
Edgewater, Chicago, IL

Ranked #36

Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Edgewater, Chicago, IL

School data provided by Great Schools

Getting Around the Edgewater Neighborhood in Chicago, IL

Walk Score®

91 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

87 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

70 / 100

Excellent Transit

Transit is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Edgewater Apartments

What is the Cheapest Studio apartment in Edgewater?

Currently the most affordable Cheap Studio Apartment in Edgewater is at Bryn Mawr Belle Shore listed at $879.

How much is rent for a Cheap One Bedroom Edgewater Apartment?

The lowest price for a Cheap One Bedroom Edgewater Apartment is $1,439 at Wyndham Apartments.

What is the lowest price for a Cheap Two Bedroom Edgewater Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Edgewater is starting from $1,800 at Kenmore 5800 N.

What is the most affordable Edgewater Three Bedroom Apartment?

The best deal on a cheap Edgewater Three Bedroom Apartment rental is at Lakeside 6300 and starts from $2,220.

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.