Cheap Homes for Rent in Gresham Neighborhood of Chicago, IL from $1,200 (29 Rentals)
Search the lowest-cost Homes available for rent right now in the Gresham area of Chicago.

8936 S Ashland Ave

1739 W 80th St

7559 S Union Ave
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.

8017 S Carpenter St

1056 W 81st St, Unit 1

7839 S Loomis Blvd

9058 S Loomis St

8000 S Hermitage Ave
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.

7823 S Morgan St

1253 W 80th St

1140 W 77th St

9123 S Ada St

7548 S Stewart Ave

1309 W 82nd St
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.

1340 W 82nd St

8243 S Sangamon St

7425 S Princeton Ave

8028 S Sangamon St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

7955 S Loomis Blvd
Gresham, Chicago, IL Local Guide

How much does it cost to rent a home in Gresham?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Gresham 2 Bedroom Homes for Rent | $1,568 | $1,200 | $2,000 |
Gresham 3 Bedroom Homes for Rent | $2,026 | $1,395 | $2,850 |
Gresham 4 Bedroom Homes for Rent | $2,150 | $1,800 | $2,500 |
Gresham 5 Bedroom Homes for Rent | $2,275 | $1,950 | $2,600 |
Browse Homes for Rent in this Neighborhood
There are currently 29 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. 8001 S Marshfield Ave has the second lowest priced unit, which is a Studio apartment currently listed from $790. 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 |
8001 S Marshfield Ave | Studio | Studio,1BA | $790 |
1735 W 79th St | Studio Apartment | Studio,1BA | $815 |
7701 S Stewart Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $870 |
8000 S Paulina | 1 Bedroom | 1BR,1BA | $980 |
7643 S Stewart Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $985 |
8552 S Laflin St | 1 Bedroom 1 Bath Apartment with dining | 1BR,1BA | $990 |
7800-06 S Morgan | 1 Bedroom 1 Bath Apartment with dining | 1BR,1BA | $995 |
1514-20 W 77th | 1 Bedroom 1 Bath Apartment with dining | 1BR,1BA | $1,000 |
7825 S Emerald Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,010 |
Best Value Apartments for Rent in Gresham, IL
As of October 23, 2025 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 8557 S Morgan St Model at 8557 S Morgan St starting at $1,750 with a $1.40 price per square foot in the South Chicago 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 |
8557 S Morgan St | 8557 S Morgan St | 3BR,1BA | $1.40 |
8100 S Throop St | 3 Bedroom 1 Bath Apartment | 3BR,1BA | $1.21 |
8139 S Marshfield Ave, Unit g | 8139 S Marshfield Ave | 2BR,1BA | $1.27 |
8311 S Racine Ave | 8311 S Racine Ave | 1BR,1BA | $1.33 |
7654 S Marshfield Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.25 |
910 W 77th St, Unit 1 | 910 W 77th St | 2BR,1BA | $1.38 |
1720 W 76th St, Unit 202 | 1720 W 76th St | 2BR,1BA | $1.31 |
8101 S Justine | 2 Bedroom 1 Bath Garden unit | 2BR,1BA | $1.38 |
1514-20 W 77th | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.35 |
Frequently Asked Questions about Gresham
What type of rentals are currently available in Gresham?
There are currently 392 Apartments for Rent in Gresham, IL with pricing that ranges from $650 to $2,700. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gresham ranging from $1,200 to $2,850.
What is the current price range for Rental Homes in Gresham?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Gresham ranges from $1,200 to $2,850 with an average monthly rent of $1,873.
How much are larger Three and Four Bedroom Rentals in Gresham?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Gresham range from $1,300 to $1,860, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $2,850. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,400.
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.