Cheap Apartments for Rent in the Far South Chicago Neighborhood of Chicago, IL from $500 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Far South Chicago area of Chicago.
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.
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.
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.
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Far South Chicago, Chicago, IL Local Guide

How much does it cost to rent an apartment in Far South Chicago?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Far South Chicago 1 Bedroom Apartments | $981 | $895 | $1,150 |
Far South Chicago 2 Bedroom Apartments | $1,406 | $1,300 | $1,550 |
Far South Chicago 3 Bedroom Apartments | $1,677 | $1,450 | $1,995 |
Far South Chicago 4 Bedroom Apartments | $2,500 | $2,500 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 2 mile radius of the Far South Chicago Neighborhood of Chicago, IL.
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Far South Chicago, Chicago, IL Local Guide
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Cheapest Available Far South Chicago Apartments for Rent
 The cheapest available apartment rental in the Far South Chicago area of Chicago, IL is a 2 Beds unit found at 410 E 107th St priced from $1,035. Lakes Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here are the most affordable Far South Chicago apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
410 E 107th St | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1,035 |
Lakes Apartments | 2 Bedroom Apartment | 2BR,1BA | $1,200 |
Harbor Point Estates | New Champion Homes | 3BR,2BA | $1,450 |
Best Value Apartments for Rent in Far South Chicago, IL
As of June 12, 2025 the best value apartment in the Far South Chicago area is the $1.12 price per square foot Double & Single Used Model at Harbor Point Estates in the in the South Chicago neighborhood starting from $1,450. The second greatest value Far South Chicago apartment is the 10925 S Eberhart Ave Model at 10925 S Eberhart Ave, Unit 1 starting at $1,350 with a $1.31 price per square foot in the Pullman neighborhood. Here is today’s list of the best values for Far South Chicago apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Harbor Point Estates | Double & Single Used | 3BR,2BA | $1.12 |
10925 S Eberhart Ave, Unit 1 | 10925 S Eberhart Ave | 2BR,1BA | $1.31 |
10747 S Michigan Ave, Unit Apartment B | 10747 S Michigan Ave | 2BR,1BA | $1.56 |
Lakes Apartments | 2 Bedroom Apartment | 2BR,1BA | $1.42 |
410 E 107th St | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.43 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleFar South Chicago, Chicago, IL
Ranked #135
Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Far South Chicago, Chicago, IL
Pullman Elementary School
Washington G High School
Carver Primary School
School data provided by Great Schools
Getting Around the Far South Chicago Neighborhood in Chicago, IL
Walk Score®
33 / 100
Car-Dependent
Most errands require a car
Bike Score®
42 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
46 / 100
Some Transit
A few nearby public transportation options
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 Far South Chicago Apartments
What is the lowest price for a Cheap Two Bedroom Far South Chicago Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Far South Chicago is starting from $1,035 at 410 E 107th St.
What is the most affordable Far South Chicago Three Bedroom Apartment?
The best deal on a cheap Far South Chicago Three Bedroom Apartment rental is at Harbor Point Estates and starts from $1,450.
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.

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.

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.

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.

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.