Cheap Homes for Rent in Edison Park Neighborhood of Chicago, IL from $1,600 (3 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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.

Best Value Apartments for Rent in Edison Park, IL

As of May 31, 2026 the best value apartment in the Edison Park area is the $1.66 price per square foot 6849 N Overhill Ave Model at 6849 N Overhill Ave, Unit Apt1 in the in the Edison neighborhood starting from $2,650. The second greatest value Edison Park apartment is the 6523 N Northwest Hwy Model at 6523 N Northwest Hwy, Unit Second Floor starting at $2,100 with a $1.83 price per square foot in the Norwood Park neighborhood. Here is today’s list of the best values for Edison Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
6849 N Overhill Ave, Unit Apt16849 N Overhill Ave3BR,1.5BA$1.66
6523 N Northwest Hwy, Unit Second Floor6523 N Northwest Hwy3BR,1BA$1.83

Frequently Asked Questions about Edison Park

What type of rentals are currently available in Edison Park?

There are currently 44 Apartments for Rent in Edison Park, IL with pricing that ranges from $1,600 to $2,650. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in Edison Park ranging from $1,650 to $3,600.

What is the current price range for Rental Homes in Edison Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Edison Park ranges from $1,650 to $3,600 with an average monthly rent of $2,450.

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

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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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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.

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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.

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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

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.