Cheap Apartments for Rent in the Gresham Neighborhood of Chicago, IL from $500 (108 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Gresham area of Chicago.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
close
View Me
7543 S May St, Unit 1
$1,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250
3 Bedroom Apartment Available Now

7543 S May St, Unit 1

7543 S May StChicago, IL 60620
Cost Per Sq.Ft.
close
View Me
1311 W 82nd St, Unit 1
$1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300
2 Bedroom Apartment Available Now

1311 W 82nd St, Unit 1

1311 W 82nd StChicago, IL 60620
Cost Per Sq.Ft.
close
View Me
8010 S Marshfield Ave, Unit 1
$1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300
2 Bedroom Apartment Available Now

8010 S Marshfield Ave, Unit 1

8010 S Marshfield AveChicago, IL 60620
Cost Per Sq.Ft.
  • Smoke Free

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.

Read Article
close
View Me
8212 S Green St, Unit 1
$1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400
2 Bedroom Apartment Available Jun 16

8212 S Green St, Unit 1

8212 S Green StChicago, IL 60620
Cost Per Sq.Ft.

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.

Read Article
close
View Me
1370-1380 W 79th St
Studio to 2 Bedroom Apartments

1370-1380 W 79th St

1370-1380 W 79th StChicago, IL 60620
close
View Me
8100 S Justine St
1 to 2 Bedroom Apartments

8100 S Justine St

8100 S Justine StChicago, IL 60620
  • Utilities Included
close
View Me
8000 S Marshfield Ave
1 to 2 Bedroom Apartments

8000 S Marshfield Ave

8000 S Marshfield AveChicago, IL 60620
  • Utilities Included
close
View Me
8001 S Marshfield
Studio to 1 Bedroom Apartments

8001 S Marshfield

8001 S Marshfield AveChicago, IL 60620
close
View Me
8201 S Marshfield Ave
Studio to 1 Bedroom Apartments

8201 S Marshfield Ave

8201 S Marshfield AveChicago, IL 60620
  • Utilities Included
close
View Me
9101-9109 S Beverly Ave
Studio to 2 Bedroom Apartments

9101-9109 S Beverly Ave

9101-9109 S Beverly AveChicago, IL 60620
  • Utilities Included
close
View Me
8109 S Ashland
1 to 3 Bedroom Apartments

8109 S Ashland

8109 S Ashland AveChicago, IL 60620
close
View Me
7701 S Stewart
Studio to 2 Bedroom Apartments

7701 S Stewart

7701-7707 S Stewart AveChicago, IL 60620
  • Utilities Included

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.

Read Article
close
View Me
8515 S Green St
1 to 2 Bedroom Apartments

8515 S Green St

8515 S Green StChicago, IL 60620
close
View Me
7555 S Hermitage Ave
1 Bedroom Apartments

7555 S Hermitage Ave

7555 S Hermitage AveChicago, IL 60620
  • Utilities Included
  • Smoke Free
close
View Me
7800 S Morgan
1 to 2 Bedroom Apartments

7800 S Morgan

7800 S Morgan StChicago, IL 60620
  • Utilities Included
close
View Me
8052 S Laflin St
1 to 2 Bedroom Apartments

8052 S Laflin St

8052 S Laflin StChicago, IL 60620
close
View Me
7812 S Emerald Ave
1 to 2 Bedroom Apartments

7812 S Emerald Ave

7812-7814 S Emerald AveChicago, IL 60620
close
View Me
Winchester Suites
1 to 2 Bedroom Apartments

Winchester Suites

7757-7759 S Winchester AveChicago, IL 60620
  • Utilities Included
close
View Me
1738 W 77th
1 to 2 Bedroom Apartments

1738 W 77th

1738-1744 W 77th StChicago, IL 60620

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

Read Article
Showing Results 1-50, Page 1 of 3

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 $700. 808 W 76th has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here are the most affordable Gresham apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
1155 W 83rd StStudioStudio,1BA$700
808 W 76thStudio ApartmentStudio,1BA$775
8201 S Ada St1325 W. 82nd StreetStudio,1BA$800
7701 S StewartStudio ApartmentStudio,1BA$845
8256 S Loomis Blvd 1402-08 W 83rd Chicago, IL 60620Studio ApartmentStudio,1BA$885
8259 S Loomis Blvd2 BR2BR,1BA$900
7812 S Emerald Ave1 Bedroom 1 Bath Apartment1BR,1BA$950
1514 W 77th1 Bedroom 1 Bath Apartment with Dining1BR,1BA$985
7914 S Hermitage1 Bedroom 1 Bath Apartment1BR,1BA$1,000
1704 W 77th St1 Bedroom 1 Bath Apartment with Dining1BR,1BA$1,025

Best Value Apartments for Rent in Gresham, IL

As of May 30, 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 1311 W 82nd St Model at 1311 W 82nd St, Unit 1 starting at $1,300 with a $1.18 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 ListingModel NameBed/BathPrice Per Sq.Ft.
8010 S Marshfield Ave, Unit 18010 S Marshfield Ave2BR,1BA$0.87
1311 W 82nd St, Unit 11311 W 82nd St2BR,1BA$1.18
7543 S May St, Unit 17543 S May St3BR,1BA$1.25
7501-7509 S Stewart Ave2 bed 1 bath 1200 SF2BR,1BA$1.20
8055 S Paulina St8055 S Paulina St1BR,1BA$1.33
8259 S Loomis Blvd1 BR1BR,1BA$1.06
7800 S Ashland2 Bedroom 1 Bath Apartment2BR,1BA$1.26
7948 S Hermitage2 Bedroom 1 Bath Apartment2BR,1BA$1.39
7800 S Morgan2 Bedroom 1 Bath Apartment2BR,1BA$1.39
1735 W 79th2 Bedroom 1 Bath Apartment2BR,1BA$1.39

Frequently Asked Questions about Cheap Gresham Apartments

What is the Cheapest Studio apartment in Gresham?

Currently the most affordable Cheap Studio Apartment in Gresham is at 1155 W 83rd St listed at $700.

How much is rent for a Cheap One Bedroom Gresham Apartment?

The lowest price for a Cheap One Bedroom Gresham Apartment is $800 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 $900 at 8259 S Loomis Blvd.

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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

decorative image for Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago article

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

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.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

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.

decorative image for Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago article

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Written by: Nicole Harms

From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.