
Cheap Apartments for Rent in the Far South Chicago Neighborhood of Chicago, IL from $500 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Far South Chicago area of Chicago.

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.
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.
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 | $1,095 | $1,095 | $1,095 |
| Far South Chicago 2 Bedroom Apartments | $1,450 | $1,100 | $4,330 |
| Far South Chicago 3 Bedroom Apartments | $2,570 | $1,000 | $9,595 |
Browse Apartments in this Neighborhood
There are currently 6 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
- Nearby Chicago neighborhoods
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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 Lakes Apartments priced from $1,200. Harbor Point Estates has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,450. Here are the most affordable Far South Chicago apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakes Apartments | 2 Bedroom Apartment | 2BR,1BA | $1,200 |
| Harbor Point Estates | New Champion Homes | 3BR,2BA | $1,450 |
| 11214-18 S Indiana | 1BR/1.0BA | 1BR,1BA | $1,600 |
Best Value Apartments for Rent in Far South Chicago, IL
As of November 14, 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 9911 S Hoxie Ave Model at 9911 S Hoxie Ave, Unit 1 starting at $1,250 with a $1.04 price per square foot in the South Chicago 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 |
| 9911 S Hoxie Ave, Unit 1 | 9911 S Hoxie Ave | 2BR,1BA | $1.04 |
| 10747 S Michigan Ave, Unit Apartment B | 10747 S Michigan Ave | 2BR,1BA | $1.56 |
| Lakes Apartments | 2 Bedroom Townhouse | 2BR,1.5BA | $1.66 |
| 11214-18 S Indiana | 1BR/1.0BA | 1BR,1BA | $2.67 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 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.
Pet Friendly LifestyleFar South Chicago, Chicago, IL
Ranked #150
Among cities in Illinois 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®
34 / 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 $1,200 at Lakes Apartments.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.




