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$1,313 - $2,205Studio to 2 Bedroom Apartments Available Now
Elm 551 at Parkside
551 W Elm StChicago, IL 60610
Cheap Apartments for Rent in the Goose Island Neighborhood of Chicago, IL from $700 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Goose Island area of Chicago.
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$1,5501 Bedroom Apartment Available Nov 1
1507 Elston N Ave, Unit 1R
1507 Elston N AveChicago, IL 60642
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$1,6701 Bedroom Apartments Available Jan 15, 2026
740 N Aberdeen St
740 N Aberdeen StChicago, IL 60642
1437 Superior
ChicagoIL60642
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Showing Results 1-21, Page 1 of 1
Goose Island, Chicago, IL Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Goose Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Goose Island Studio Apartments | $2,187 | $1,313 | $2,659 |
| Goose Island 1 Bedroom Apartments | $2,838 | $1,550 | $3,883 |
| Goose Island 2 Bedroom Apartments | $3,969 | $1,600 | $7,537 |
| Goose Island 3 Bedroom Apartments | $3,455 | $1,425 | $5,005 |
| Goose Island 4 Bedroom Apartments | $4,738 | $1,475 | $9,973 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Goose Island Neighborhood of Chicago, IL.
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Cheapest Available Goose Island Apartments for Rent
The cheapest available apartment rental in the Goose Island area of Chicago, IL is a Studio unit found at Elm 551 at Parkside priced from $1,313. SoNo East has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,309. Here are the most affordable Goose Island apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elm 551 at Parkside | Studio | Studio,1BA | $1,313 |
| SoNo East | O | 1BR,1BA | $2,309 |
| Westerly | Studio-e10b | Studio,1BA | $2,314 |
| Foundry | S1 | Studio,1BA | $2,394 |
Best Value Apartments for Rent in Goose Island, IL
As of October 24, 2025 the best value apartment in the Goose Island area is the $1.95 price per square foot 724 N Willard Ct Model at 724 N Willard Ct, Unit M01H in the in the West Town neighborhood starting from $4,100. The second greatest value Goose Island apartment is the 724 N Willard Ct Model at 724 N Willard Ct, Unit J03W starting at $3,895 with a $1.85 price per square foot in the West Town neighborhood. Here is today’s list of the best values for Goose Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 724 N Willard Ct, Unit M01H | 724 N Willard Ct | 3BR,2.5BA | $1.95 |
| 724 N Willard Ct, Unit J03W | 724 N Willard Ct | 3BR,2.5BA | $1.85 |
| 724 N Willard Ct, Unit J09P | 724 N Willard Ct | 3BR,2.5BA | $1.85 |
| 724 N Willard Ct, Unit 2 | 724 N Willard Ct | 3BR,2.5BA | $1.85 |
| 724 N Willard Ct, Unit 2 | 724 N Willard Ct | 3BR,2.5BA | $1.85 |
| 724 N Willard Ct, Unit R5 | 724 N Willard Ct | 3BR,2.5BA | $1.85 |
| 1349 N Noble St, Unit 3 | 1349 N Noble St | 3BR,2.5BA | $1.98 |
| Post Chicago | Private Bed in a 3 Bed 2 Bath | 3BR,2BA | $1.36 |
| 1228 N Cleaver St, Unit 3R | 1228 N Cleaver St | 2BR,1BA | $1.60 |
| 1228 N Cleaver St, Unit 4R | 1228 N Cleaver St | 2BR,1BA | $1.88 |
Getting Around the Goose Island Neighborhood in Chicago, IL
Walk Score®
87 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
88 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
76 / 100
Excellent Transit
Transit is convenient for most trips
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 Goose Island Apartments
What is a cheap apartment in Goose Island?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Goose Island is under $2,394.
What is the price of a cheap apartment in Goose Island?
The cheapest apartment in Goose Island is Elm 551 at Parkside which is listed at $1,725, while the average apartment in Goose Island costs $28,702.
What types of apartments are the cheapest in Goose Island?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Goose Island that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Goose Island?
Cheap apartments in Goose Island have an average cost of $321 which is $28,381 cheaper than the average rent for all rentals in Goose Island.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.