Cheap Homes for Rent in Gresham Neighborhood of Chicago, IL from $1,300 (27 Rentals)

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

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Showing Results 1-27, Page 1 of 1

Cheapest Available Gresham Apartments for Rent

 

The cheapest available apartment rental in the Gresham area of Chicago, IL is a Studio unit found at 808 W 76th St 7542-52 S Halsted Chicago, IL 60620 priced from $745. 8109-17 S Ashland Ave Chicago, IL 60620 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Gresham apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
808 W 76th St 7542-52 S Halsted Chicago, IL 60620Studio ApartmentStudio,1BA$745
8109-17 S Ashland Ave Chicago, IL 606201 Bedroom 1 Bath Apartment1BR,1BA$900
1514-20 W 77th Chicago, IL 606201 Bedroom 1 Bath Apartment with Dining1BR,1BA$1,015
1704 W 77th St 7656 S Paulina St Chicago, IL 606201 Bedroom 1 Bath Apartment1BR,1BA$1,025
7643 S Stewart Ave Chicago, IL 606202 Bedroom 1 Bath Apartment2BR,1BA$1,025
8000 S Paulina 1701-11 W 80th Chicago, IL 606201 Bedroom 1 Bath Apartment1BR,1BA$1,050
7755 S Sangamon St 914-918 W 78th St Chicago, IL 606202 Bedroom 1 Bath Apartment2BR,1BA$1,100
8101 S Justine 1515-21 W 81st Chicago, IL 606202 Bedroom 1 Bath Apartment2BR,1BA$1,160

Best Value Apartments for Rent in Gresham, IL

As of January 23, 2026 the best value apartment in the Gresham area is the $1.43 price per square foot 8048 S Marshfield Ave Model at 8048 S Marshfield Ave, Unit 2 in the in the Auburn Gresham neighborhood starting from $2,000. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
8048 S Marshfield Ave, Unit 28048 S Marshfield Ave3BR,2BA$1.43
7920 S Winchester Ave, Unit 17920 S Winchester Ave3BR,1BA$1.38
8100 S Throop St 1307-11 W 81st Chicago, IL 606203 Bedroom 1 Bath Apartment3BR,1BA$1.18
7807 S Sangamon St, Unit 27807 S Sangamon St4BR,1BA$1.27
7912 S Bishop St, Unit 2F7912 S Bishop St2BR,1BA$1.44
849 W 83rd St, Unit 1849 W 83rd St1BR,1BA$1.44
8311 S Racine Ave8311 S Racine Ave1BR,1BA$1.22
1475 W 77th St, Unit 1B1475 W 77th St1BR,1BA$1.18
7755 S Sangamon St 914-918 W 78th St Chicago, IL 606202 Bedroom 1 Bath Apartment2BR,1BA$1.29
1514-20 W 77th Chicago, IL 606201 Bedroom 1 Bath Apartment with Dining1BR,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 $745 to $3,000. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gresham ranging from $1,350 to $13,000.

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 $1,350 to $13,000 with an average monthly rent of $2,117.

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 $1,250 to $3,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,400.

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

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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

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.

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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.