
Cheap Apartments for Rent in the Far South Chicago Neighborhood of Chicago, IL from $500 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Far South Chicago area of Chicago.


11111 S Vernon

9548 S Prairie Ave

11339 S Langley Ave

120 E Kensington Ave, Unit 2f

Total Monthly Price
13421 S Avenue O

120 E Kensington Ave

Lakes

9330 S Yates Blvd
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9613 S Ave N, Unit 2

16 E 118th Pl

10605 S Indiana Ave

10212-14 S Martin Luther King Dr, Unit 1W

3711 E 98th St

13243 S Baltimore Ave

Harbor Point Estates

11000 S Michigan Ave

11133 S Vernon Ave
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10901 S Vernon

Baric Commons

East Side Apartments

410 E 107th St

11214-18 S Indiana

10201 S St Lawrence

11143-11145 S King Dr

239 E 108th St

222 E 109th
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11250 S Indiana

10901 S Vernon

10904 S Avenue D

451 E 111th St

10719 S Calumet Ave

13140 S Buffalo Ave

10747 S Michigan Ave

12113 S State St

13256 S Prairie Ave
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10 W 137th St
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 | $982 | $850 | $1,200 |
| Far South Chicago 2 Bedroom Apartments | $1,412 | $1,100 | $2,200 |
| Far South Chicago 3 Bedroom Apartments | $1,709 | $1,300 | $2,275 |
| Far South Chicago 4 Bedroom Apartments | $1,650 | $1,650 | $1,650 |
Browse Apartments in this Neighborhood
There are currently 37 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 1 Bed unit found at 12157 S Michigan Ave priced from $850. 11111 S Vernon has the second lowest priced unit, which is a 1 Bed apartment currently listed from $960. Here are the most affordable Far South Chicago apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 12157 S Michigan Ave | 1 Bedroom Studio | 1BR,1BA | $850 |
| 11111 S Vernon | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $960 |
| 11214-18 S Indiana | 0BR/1.0BA | Studio,1BA | $975 |
| 10901 S Vernon | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1,185 |
| Harbor Point Estates | New Champion Homes | 3BR,2BA | $1,450 |
Best Value Apartments for Rent in Far South Chicago, IL
As of July 29, 2026 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 114 E 119th St Model at 114 E 119th St, Unit Apartment 1 starting at $1,650 with a $1.38 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 |
| 114 E 119th St, Unit Apartment 1 | 114 E 119th St | 4BR,1BA | $1.38 |
| 12157 S Michigan Ave | 1 Bedroom Studio | 1BR,1BA | $1.00 |
| 11111 S Vernon | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.54 |
| 11214-18 S Indiana | 0BR/1.0BA | Studio ,1BA | $1.95 |
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
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Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 Far South Chicago, Chicago, IL
Pullman Elementary School
Washington G High School
Carver Primary School
School data provided by Great Schools
Frequently Asked Questions about Cheap Far South Chicago Apartments
What is the price of a cheap apartment in Far South Chicago?
The cheapest apartment in Far South Chicago is 12157 S Michigan Ave which is listed at $850, while the average apartment in Far South Chicago costs $1,750.
How do the prices of cheap apartments compare to the average apartment in Far South Chicago?
Cheap apartments in Far South Chicago have an average cost of $106 which is $1,644 cheaper than the average rent for all rentals in Far South Chicago.
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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