Cheap Homes for Rent in Far South Chicago Neighborhood of Chicago, IL from $1,100 (19 Rentals)

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

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Far South Chicago, Chicago, IL Local Guide

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 11250-56 S Indiana Ave priced from $965. 11214-18 S Indiana has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable Far South Chicago apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
11250-56 S Indiana Ave1 Bedroom 1 Bath Apartment1BR,1BA$965
11214-18 S Indiana0BR/1.0BAStudio,1BA$1,050
Lakes Apartments2 Bedroom Apartment2BR,1BA$1,200
10 W 137th ST2 Bedroom 1 Bath Apartment2BR,1BA$1,315
Harbor Point EstatesNew Champion Homes3BR,2BA$1,450

Best Value Apartments for Rent in Far South Chicago, IL

As of August 30, 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 9524 S Commercial Ave Model at 9524 S Commercial Ave, Unit 2nd floor front starting at $1,200 with a $1.33 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Harbor Point EstatesDouble & Single Used3BR,2BA$1.12
9524 S Commercial Ave, Unit 2nd floor front9524 S Commercial Ave3BR,1BA$1.33
10747 S Michigan Ave, Unit Apartment B10747 S Michigan Ave2BR,1BA$1.56
Lakes Apartments2 Bedroom Townhouse2BR,1.5BA$1.62
10 W 137th ST2 Bedroom 1 Bath Apartment2BR,1BA$1.59
13449 S Baltimore Ave, Unit 1st Floor13449 S Baltimore Ave1BR,1BA$1.13
11214-18 S Indiana0BR/1.0BAStudio ,1BA$1.91
11250-56 S Indiana Ave1 Bedroom 1 Bath Apartment1BR,1BA$1.78

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Pet Friendly Lifestyle
Far South Chicago, Chicago, IL

Ranked #144

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Far South Chicago, Chicago, IL

School data provided by Great Schools

Frequently Asked Questions about Far South Chicago

What type of rentals are currently available in Far South Chicago?

There are currently 156 Apartments for Rent in Far South Chicago, IL with pricing that ranges from $850 to $2,500. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Far South Chicago ranging from $1,100 to $3,497.

What is the current price range for Rental Homes in Far South Chicago?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Far South Chicago ranges from $1,100 to $3,497 with an average monthly rent of $2,337.

How much are larger Three and Four Bedroom Rentals in Far South Chicago?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Far South Chicago range from $1,200 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $2,195. Four Bedroom Single-Family rentals are also available starting from $2,095 and Four Bedroom Apartments start at $1,900.

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.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

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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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For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.