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Cheap Apartments for Rent in the Fernwood Neighborhood of Chicago, IL from $500 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fernwood area of Chicago.
10928 S Vernon Ave
ChicagoIL60628
10853 S Vernon Ave
ChicagoIL60628
436 E 109th St
ChicagoIL60628
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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.
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from $800Studio to 3 Bedroom Apartments Contact Us For Availability
Blue Station
2130 122nd StBlue Island, IL 60406
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Fernwood, Chicago, IL Local Guide
How much does it cost to rent an apartment in Fernwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fernwood Studio Apartments | $732 | $650 | $800 |
| Fernwood 1 Bedroom Apartments | $1,281 | $750 | $2,679 |
| Fernwood 2 Bedroom Apartments | $1,604 | $1,023 | $4,519 |
| Fernwood 3 Bedroom Apartments | $1,688 | $1,425 | $1,995 |
| Fernwood 4 Bedroom Apartments | $1,700 | $1,700 | $1,700 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Fernwood Neighborhood of Chicago, IL.
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Fernwood, Chicago, IL Local Guide
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Cheapest Available Fernwood Apartments for Rent
The cheapest available apartment rental in the Fernwood area of Chicago, IL is a Studio unit found at 1155 W 83rd St priced from $650. Chatham Grove has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Fernwood apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1155 W 83rd St | Studio | Studio,1BA | $650 |
| Chatham Grove | 1 Bedroom, 1 Bath | 1BR,1BA | $999 |
| 8004 S Eberhart Ave | 2BR/1.0BA | 2BR,1BA | $1,400 |
Best Value Apartments for Rent in Fernwood, IL
As of May 29, 2025 the best value apartment in the Fernwood area is the $0.97 price per square foot 9000 S Loomis St Model at 9000 S Loomis St, Unit 2 in the in the Beverly neighborhood starting from $1,450. The second greatest value Fernwood apartment is the 9021 S Justine St Model at 9021 S Justine St, Unit 9021 S. Justine 1S starting at $1,475 with a $1.13 price per square foot in the Beverly neighborhood. Here is today’s list of the best values for Fernwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 9000 S Loomis St, Unit 2 | 9000 S Loomis St | 2BR,1BA | $0.97 |
| 9021 S Justine St, Unit 9021 S. Justine 1S | 9021 S Justine St | 2BR,1BA | $1.13 |
| 9011 S Laflin St, Unit 1st Floor | 9011 S Laflin St | 3BR,1BA | $1.23 |
| 11003 S Longwood Dr, Unit 3-C | 11003 S Longwood Dr | 2BR,1BA | $1.41 |
| 8017 S Vernon Ave | 2BD/1BA | 2BR,1BA | $1.33 |
| 10015 S Longwood Dr, Unit Garden Unit in Historic | 10015 S Longwood Dr | 1BR,1BA | $1.50 |
| 915 W 95th St, Unit 2e | 915 W 95th St | 2BR,1BA | $1.33 |
| 10747 S Michigan Ave, Unit Apartment B | 10747 S Michigan Ave | 2BR,1BA | $1.56 |
| 410 E 107th St | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.42 |
| Chatham Grove | 1 Bedroom, 1 Bath Renovation | 1BR,1BA | $1.66 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleFernwood, Chicago, IL
Ranked #148
Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Fernwood Neighborhood in Chicago, IL
Walk Score®
61 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
48 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
55 / 100
Good Transit
Many 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 Fernwood Apartments
How much is rent for a Cheap One Bedroom Fernwood Apartment?
The lowest price for a Cheap One Bedroom Fernwood Apartment is $750 at 1155 W 83rd St.
What is the lowest price for a Cheap Two Bedroom Fernwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Fernwood is starting from $1,400 at 8004 S Eberhart Ave.
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
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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.