
Cheap Homes for Rent in Edgewater Neighborhood of Chicago, IL from $1,100 (66 Rentals)
Search the lowest-cost Homes available for rent right now in the Edgewater area of Chicago.


1061 W Rosemont Ave

5417 N Kenmore Ave

1040 W Hollywood Ave

5516 N Kenmore Ave

1040 W Hollywood Ave

5717 N Winthrop Ave

5820 N Sheridan Rd

1061 Rosemont

5820 N Sheridan Rd
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.

5820 N Sheridan Rd

6012 N Kenmore Ave

6006 N Kenmore Ave

1726 W Thome Ave

5910 N Sheridan Rd

5600 N Sheridan Rd

5536 N Sheridan Rd

5510 N Sheridan Rd

5945 N Paulina St

5746 N Sheridan Rd
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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.

5662 N Ridge Ave

6022 N Winthrop Ave

5730 N Sheridan Rd

6171 N Sheridan Rd

1318 W Foster Ave

5601 N Sheridan Rd, Unit Top floor lake view

6021 N Winthrop Ave

6029 N Winthrop Ave

5534 N Kenmore Ave

6201 N Kenmore Ave
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

1555 W Hollywood Ave

1555 W Hollywood Ave

6007 N Kenmore Ave

6007 N Kenmore Ave

6002 N Kenmore Ave

1735 W Bryn Mawr Ave

6011 N Winthrop Ave

1743 W Bryn Mawr Ave

1553 W Hollywood Ave

1553 W Hollywood Ave
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.

1735 W Bryn Mawr Ave

6171 N Sheridan Rd, Unit 2708

6030 N Sheridan Rd

1553 W Hollywood Ave

1553 W Hollywood Ave

1059 W Glenlake Ave

1553 W Hollywood Ave

5850 N Sheridan Rd

1555 W Hollywood Ave

940 W Winona St
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.
Edgewater, Chicago, IL Local Guide

How much does it cost to rent a home in Edgewater?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Edgewater 2 Bedroom Homes for Rent | $2,516 | $1,975 | $3,595 |
| Edgewater 3 Bedroom Homes for Rent | $2,899 | $1,950 | $4,100 |
| Edgewater 4 Bedroom Homes for Rent | $4,000 | $3,900 | $4,100 |
Browse Homes for Rent in this Neighborhood
There are currently 66 rentals with your search options within a 2 mile radius of the Edgewater Neighborhood of Chicago, IL.
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Edgewater, Chicago, IL Local Guide
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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 $1,011. The Bell Shore has the second lowest priced unit, which is a Studio apartment currently listed from $1,011. Here are the most affordable Edgewater apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bryn Mawr Belle Shore | Studio AA1 | Studio,1BA | $1,011 |
| The Bell Shore | Studio AA1 | Studio,1BA | $1,011 |
| The Edison | Studio | 1 bath - EFFR | Studio,1BA | $1,066 |
| 5726 N. Winthrop | Studio | Studio,1BA | $1,195 |
| Winthrop Terrace | 0BR/1.0BA | Studio,1BA | $1,195 |
Best Value Apartments for Rent in Edgewater, IL
As of March 14, 2026 the best value apartment in the Edgewater area is the $0.24 price per square foot 1553 W Hollywood Ave Model at 1553 W Hollywood Ave, Unit 314 in the in the Edgewater neighborhood starting from $2,395. The second greatest value Edgewater apartment is the 2BR/2.0BA Model at 1544 W Glenlake Ave. starting at $1,499 with a $1.15 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1553 W Hollywood Ave, Unit 314 | 1553 W Hollywood Ave | 2BR,1BA | $0.24 |
| 1544 W Glenlake Ave. | 2BR/2.0BA | 2BR,2BA | $1.15 |
| 1436 Farragut W Ave, Unit 1 | 1436 Farragut W Ave | 1BR,1BA | $2.13 |
| 1555 W Hollywood Ave, Unit 408 | 1555 W Hollywood Ave | 2BR,1BA | $2.12 |
| 1774 W Highland Ave, Unit #205 | 1774 W Highland Ave | 2BR,1BA | $1.90 |
| 1545 W Glenlake Ave, Unit 3A | 1545 W Glenlake Ave | 2BR,2BA | $2.13 |
| 1542 W Glenlake Ave, Unit 2 | 1542 W Glenlake Ave | 1BR,1BA | $1.94 |
| 5919 N Kenmore Ave, Unit 325 | 5919 N Kenmore Ave | Studio ,1BA | $1.77 |
| 6166 N Winthrop Ave, Unit #510 | 6166 N Winthrop Ave | 1BR,1BA | $2.07 |
| 6200 N Clark St, Unit 26-3A | 6200 N Clark St | Studio ,1BA | $2.08 |
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.
Read ArticleBest 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
Read ArticleThe 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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleA 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
Read ArticleQuick 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.
Best Local Schools in Edgewater, Chicago, IL
Goudy Technology Academy
School data provided by Great Schools
Frequently Asked Questions about Edgewater
What type of rentals are currently available in Edgewater?
There are currently 733 Apartments for Rent in Edgewater, IL with pricing that ranges from $700 to $14,867. There are also 158 Single Family Homes for rent, Condos, and Townhome rentals currently available in Edgewater ranging from $1,195 to $4,100.
What is the current price range for Rental Homes in Edgewater?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Edgewater ranges from $1,195 to $4,100 with an average monthly rent of $2,548.
How much are larger Three and Four Bedroom Rentals in Edgewater?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Edgewater range from $2,477 to $10,957, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $4,100. Four Bedroom Single-Family rentals are also available starting from $3,900 and Four Bedroom Apartments start at $3,400.
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

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.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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.

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.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.