
Cheap Apartments for Rent in the Gresham Neighborhood of Chicago, IL from $500 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Gresham area of Chicago.


First InSite 7959 S Ashland Apartments
Gresham, Chicago, IL Local Guide

How much does it cost to rent an apartment in Gresham?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Gresham Studio Apartments | $702 | $650 | $740 |
Gresham 1 Bedroom Apartments | $1,094 | $750 | $1,300 |
Gresham 2 Bedroom Apartments | $1,413 | $1,100 | $1,860 |
Gresham 3 Bedroom Apartments | $1,639 | $1,300 | $1,885 |
Gresham 4 Bedroom Apartments | $1,700 | $1,700 | $1,700 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Gresham Neighborhood of Chicago, IL.
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Cheapest Available Gresham Apartments for Rent
 The cheapest available apartment rental in the Gresham area of Chicago, IL is a Studio unit found at 1155 W 83rd St priced from $650. 1735 W 79th St has the second lowest priced unit, which is a Studio apartment currently listed from $815. Here are the most affordable Gresham apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
1155 W 83rd St | Studio | Studio,1BA | $650 |
1735 W 79th St | Studio Apartment | Studio,1BA | $815 |
7701 S Stewart Ave | Studio Apartment | Studio,1BA | $830 |
7812 S Emerald Ave | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $875 |
7701 S Ashland | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $935 |
Best Value Apartments for Rent in Gresham, IL
As of October 08, 2025 the best value apartment in the Gresham area is the $1.44 price per square foot 8352 S Peoria St Model at 8352 S Peoria St, Unit 8352 S Peoria in the in the Auburn Gresham neighborhood starting from $1,800. The second greatest value Gresham apartment is the 8057 S Sangamon St Model at 8057 S Sangamon St, Unit 2 starting at $1,600 with a $1.45 price per square foot in the Auburn Gresham neighborhood. Here is today’s list of the best values for Gresham apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
8352 S Peoria St, Unit 8352 S Peoria | 8352 S Peoria St | 3BR,1BA | $1.44 |
8057 S Sangamon St, Unit 2 | 8057 S Sangamon St | 3BR,1BA | $1.45 |
8227 S Green St, Unit 2nd floor | 8227 S Green St | 3BR,1BA | $1.20 |
849 W 83rd St, Unit 1 | 849 W 83rd St | 1BR,1BA | $1.44 |
8141 S Marshfield Ave, Unit 3 | 8141 S Marshfield Ave | 3BR,1BA | $1.44 |
8311 S Racine Ave | 8311 S Racine Ave | 1BR,1BA | $1.33 |
7654 S Marshfield Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.30 |
910 W 77th St, Unit 1 | 910 W 77th St | 2BR,1BA | $1.38 |
8101 S Justine | 2 Bedroom 1 Bath Garden unit | 2BR,1BA | $1.38 |
8057-59 S Marshfield | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.41 |
Getting Around the Gresham Neighborhood in Chicago, IL
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
62 / 100
Bikeable
Some bike infrastructure
Transit Score®
61 / 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 Gresham Apartments
How much is rent for a Cheap One Bedroom Gresham Apartment?
The lowest price for a Cheap One Bedroom Gresham Apartment is $750 at 1155 W 83rd St.
What is the lowest price for a Cheap Two Bedroom Gresham Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Gresham is starting from $1,000 at 7701 S Eggelston St.
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
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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For many people, obstacles can arise during the rental application process for a variety of issues.