
Cheap Homes for Rent in the Fernwood Neighborhood of Chicago, IL from $975 (23 Rentals)
Search the lowest-cost Homes available for rent right now in the Fernwood area of Chicago.


10740 S Calumet Ave

9116 S Loomis St, Unit 1B

9453 S Loomis St, Unit 204

9453 S Loomis St

49 E 102nd Pl

120 E Kensington Ave, Unit 2-F
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120 E Kensington Ave, Unit 2f

9453 S Loomis St, Unit 305

735 E 88th St, Unit 3F

735 E 88th St, Unit 2R

10214 S Martin Luther King Dr, Unit 3W

10605 S Indiana Ave

10212-14 S Martin Luther King Dr, Unit 10212 South Doctor Martin
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1408 W 94th St, Unit Garden Apartment

11210 S Vernon Ave, Unit 2

11320 S Edbrooke Ave

1201 W 110th Pl

9601 S Harvard Ave

11822 S Watkins Ave

10749 S State St
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1479 W 114th Pl

10461 S Michigan Ave
Fernwood, Chicago, IL Local Guide

How much does it cost to rent a home in Fernwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fernwood 2 Bedroom Homes for Rent | $1,615 | $1,200 | $3,000 |
| Fernwood 3 Bedroom Homes for Rent | $2,196 | $1,475 | $3,600 |
| Fernwood 4 Bedroom Homes for Rent | $2,578 | $2,000 | $3,750 |
| Fernwood 5 Bedroom Homes for Rent | $2,530 | $2,095 | $2,900 |
| Fernwood 6 Bedroom Homes for Rent | $3,133 | $2,600 | $3,600 |
| Fernwood 7 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
Browse Homes for Rent in this Neighborhood
There are currently 23 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 priced from $960. 8901 S Cottage Grove Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $965. Here are the most affordable Fernwood apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 11111 S Vernon | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $960 |
| 8901 S Cottage Grove Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $965 |
| 11214-18 S Indiana | 0BR/1.0BA | Studio,1BA | $975 |
| 9118-9124 South Dauphin Avenue | 9118-9124 South Dauphin Avenue - 9124-... | 1BR,1BA | $1,075 |
| 8855 S Cottage Grove Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1,125 |
Best Value Apartments for Rent in Fernwood, IL
As of August 24, 2026 the best value apartment in the Fernwood area is the $1.17 price per square foot 9021 S Justine St Model at 9021 S Justine St, Unit 9021 S. Justine 1S in the in the Beverly neighborhood starting from $1,525. The second greatest value Fernwood apartment is the 2BR/1.0BA Model at 10511 S Hale Ave starting at $2,350 with a $2.14 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. |
|---|---|---|---|
| 9021 S Justine St, Unit 9021 S. Justine 1S | 9021 S Justine St | 2BR,1BA | $1.17 |
| 10511 S Hale Ave | 2BR/1.0BA | 2BR,1BA | $2.14 |
| 10040 S State St, Unit State | 10040 S State St | 2BR,1BA | $1.86 |
| 8725 S State St | 8725 S State St | 2BR,1BA | $1.80 |
| 303 W 104th St, Unit 2 | 303 W 104th St | 2BR,1BA | $1.46 |
| 8855 S Cottage Grove Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.73 |
| 11111 S Vernon | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.54 |
| 11214-18 S Indiana | 0BR/1.0BA | Studio ,1BA | $1.95 |
| 8901 S Cottage Grove Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.95 |
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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.
Pet Friendly LifestyleFernwood, Chicago, IL
Ranked #150
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Fernwood
What type of rentals are currently available in Fernwood?
There are currently 335 Apartments for Rent in Fernwood, IL with pricing that ranges from $875 to $5,368. There are also 78 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fernwood ranging from $1,150 to $3,750.
What is the current price range for Rental Homes in Fernwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fernwood ranges from $1,150 to $3,750 with an average monthly rent of $2,195.
How much are larger Three and Four Bedroom Rentals in Fernwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Fernwood range from $1,350 to $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,475 to $3,600. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $5,368.
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.
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