
Cheap Apartments for Rent in the Fernwood Neighborhood of Chicago, IL from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fernwood area of Chicago.


9211 S Laflin St

11000 S Michigan Ave

11133 S Vernon Ave

9218 S. Bishop

10901 S Vernon
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9101-9109 S Beverly Ave

8751 S Cottage Grove Chicago, IL 60619

8806 S Cottage Grove Ave Chicago, IL 60619

11111 S Vernon Chicago, IL 60628

8951 S Ada St

10206 S Walden Pky
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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 | $995 | $995 | $995 |
| Fernwood 1 Bedroom Apartments | $1,083 | $950 | $1,195 |
| Fernwood 2 Bedroom Apartments | $1,463 | $1,200 | $2,500 |
| Fernwood 3 Bedroom Apartments | $2,135 | $1,400 | $6,746 |
Browse Apartments in this Neighborhood
There are currently 12 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 1 Bed unit found at 11111 S Vernon Chicago, IL 60628 priced from $980. 222 E 109th St Chicago, IL 60628 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,070. Here are the most affordable Fernwood apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 11111 S Vernon Chicago, IL 60628 | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $980 |
| 222 E 109th St Chicago, IL 60628 | 1 Bedroom 1 Bath Apartment with Dining | 1BR,1BA | $1,070 |
| 11214-18 S Indiana | 0BR/1.0BA | Studio,1BA | $1,450 |
| 10320-28 S Walden Pkwy | 1BR/1.0BA | 1BR,1BA | $2,500 |
| 10511 S Hale Ave | 1BR/1.0BA | 1BR,1BA | $2,500 |
Best Value Apartments for Rent in Fernwood, IL
As of January 07, 2026 the best value apartment in the Fernwood area is the $1.33 price per square foot 915 W 95th St Model at 915 W 95th St, Unit 2e in the in the South Chicago neighborhood starting from $1,200. The second greatest value Fernwood apartment is the 9151 S Ada St Model at 9151 S Ada St, Unit 2N starting at $1,300 with a $1.44 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. |
|---|---|---|---|
| 915 W 95th St, Unit 2e | 915 W 95th St | 2BR,1BA | $1.33 |
| 9151 S Ada St, Unit 2N | 9151 S Ada St | 2BR,1BA | $1.44 |
| 10747 S Michigan Ave, Unit Apartment B | 10747 S Michigan Ave | 2BR,1BA | $1.56 |
| 10320-28 S Walden Pkwy | 1BR/1.0BA | 1BR,1BA | $3.18 |
| 10511 S Hale Ave | 1BR/1.0BA | 1BR,1BA | $3.57 |
| 222 E 109th St Chicago, IL 60628 | 1 Bedroom 1 Bath Apartment with Dining | 1BR,1BA | $1.54 |
| 11111 S Vernon Chicago, IL 60628 | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.57 |
| 11214-18 S Indiana | 0BR/1.0BA | Studio ,1BA | $2.64 |
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How much rent can you afford?
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Pet Friendly LifestyleFernwood, Chicago, IL
Ranked #102
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $980 at 11111 S Vernon Chicago, IL 60628.
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 $1,600 at 11214-18 S Indiana.
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

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.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
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With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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Everything is a negotiation in real estate!