Cheap Homes for Rent in Far South Chicago Neighborhood of Chicago, IL from $900 (24 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 Studio unit found at 11214-18 S Indiana priced from $1,050. 10901 S Vernon has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,070. Here are the most affordable Far South Chicago apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
11214-18 S Indiana0BR/1.0BAStudio,1BA$1,050
10901 S Vernon1 Bedroom Apartment1BR,1BA$1,070
222 E 109th St1 Bedroom1BR,1BA$1,075
Lakes Apartments2 Bedroom Apartment2BR,1BA$1,200
Harbor Point EstatesNew Champion Homes3BR,2BA$1,450

Best Value Apartments for Rent in Far South Chicago, IL

As of October 15, 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
9757 S Avenue M, Unit 29757 S Avenue M2BR,1BA$1.33
10747 S Michigan Ave, Unit Apartment B10747 S Michigan Ave2BR,1BA$1.56
Lakes Apartments2 Bedroom Townhouse2BR,1.5BA$1.54
10901 S Vernon1 Bedroom Apartment1BR,1BA$1.38
222 E 109th St1 Bedroom1BR,1BA$1.39
13449 S Baltimore Ave, Unit 1st Floor13449 S Baltimore Ave1BR,1BA$1.13
325 E Kensington Ave, Unit 325B325 E Kensington Ave2BR,1BA$1.71
11111 S Vernon1 Bedroom 1 Bath Apartment1BR,1BA$1.92

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Pet Friendly Lifestyle
Far South Chicago, Chicago, IL

Ranked #150

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 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Far South Chicago ranging from $900 to $3,420.

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 $900 to $3,420 with an average monthly rent of $1,944.

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.

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

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

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