
Cheap Apartments for Rent in the Gresham Neighborhood of Chicago, IL from $500 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Gresham area of Chicago.


1370-1380 W 79th St

First InSite 7959 S Ashland Apartments

1155 W 83rd St

8100 S Justine St
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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.

8000 S Marshfield Ave

1735 W 79th St 7906-10 S Hermitage Chicago, IL 60620

8201 S Marshfield Ave

8057-59 S Marshfield Chicago, IL 60620

9101-9109 S Beverly Ave
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7701 S Stewart Ave Chicago, IL 60620

808 W 76th St 7542-52 S Halsted Chicago, IL 60620

8515 S Green Chicago, IL 60620

7555 S Hermitage Ave

8109-17 S Ashland Ave Chicago, IL 60620
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Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!
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 | $1,350 | $1,350 | $1,350 |
| Gresham 1 Bedroom Apartments | $1,191 | $900 | $1,300 |
| Gresham 2 Bedroom Apartments | $1,464 | $1,300 | $1,800 |
| Gresham 3 Bedroom Apartments | $1,777 | $1,350 | $3,000 |
| Gresham 4 Bedroom Apartments | $1,950 | $1,700 | $2,200 |
Browse Apartments in this Neighborhood
There are currently 15 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 1735 W 79th St 7906-10 S Hermitage Chicago, IL 60620 priced from $790. 7701 S Stewart Ave Chicago, IL 60620 has the second lowest priced unit, which is a Studio apartment currently listed from $845. Here are the most affordable Gresham apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1735 W 79th St 7906-10 S Hermitage Chicago, IL 60620 | Studio Apartment | Studio,1BA | $790 |
| 7701 S Stewart Ave Chicago, IL 60620 | Studio Apartment | Studio,1BA | $845 |
| 8109-17 S Ashland Ave Chicago, IL 60620 | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $900 |
| 8256 S Loomis Blvd 1402-08 W 83rd Chicago, IL 60620 | Studio Apartment | Studio,1BA | $910 |
| 7756 S Marshfield Ave 1640-42 W 78th St Chicago, IL 60620 | 1 Bedroom 1 Bath Apartment with Dining | 1BR,1BA | $935 |
Best Value Apartments for Rent in Gresham, IL
As of February 28, 2026 the best value apartment in the Gresham area is the $0.87 price per square foot 8010 S Marshfield Ave Model at 8010 S Marshfield Ave, Unit 1 in the in the Auburn Gresham neighborhood starting from $1,300. The second greatest value Gresham apartment is the 7920 S Winchester Ave Model at 7920 S Winchester Ave, Unit 1 starting at $1,650 with a $1.38 price per square foot in the Ashburn 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. |
|---|---|---|---|
| 8010 S Marshfield Ave, Unit 1 | 8010 S Marshfield Ave | 2BR,1BA | $0.87 |
| 7920 S Winchester Ave, Unit 1 | 7920 S Winchester Ave | 3BR,1BA | $1.38 |
| 8459 S Morgan St, Unit 2 | 8459 S Morgan St | 4BR,1BA | $1.42 |
| 8101 S Justine 1515-21 W 81st Chicago, IL 60620 | 3 Bedroom 1 Bath Apartment | 3BR,1BA | $1.33 |
| 8311 S Racine Ave | 8311 S Racine Ave | 1BR,1BA | $1.22 |
| 7956 S Aberdeen St 1108-10 W 80th Chicago, IL 60620 | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.39 |
| 7754 S Loomis 1404-16 W 78th St Chicago, IL 60620 | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.41 |
| 7701 S May Chicago, IL 60620 | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.40 |
| 7914 S Hermitage Ave Chicago, IL 60620 | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.33 |
| 7800 S Ashland Ave 1607-09 W 78th Chicago, IL 60620 | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.43 |
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 $900 at 8109-17 S Ashland Ave Chicago, IL 60620.
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 $1,025 at 7643 S Stewart Ave Chicago, IL 60620.
What is the most affordable Gresham Three Bedroom Apartment?
The best deal on a cheap Gresham Three Bedroom Apartment rental is at 8101 S Justine 1515-21 W 81st Chicago, IL 60620 and starts from $1,235.
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

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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.

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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.