Cheap Homes for Rent in Gresham Neighborhood of Chicago, IL from $900 (20 Rentals)

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

property at 823 W 83rd St

823 W 83rd St

ChicagoIL60620

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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 808 W 76th St priced from $795. 8057-59 S Marshfield has the second lowest priced unit, which is a Studio apartment currently listed from $805. Here are the most affordable Gresham apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
808 W 76th StStudio ApartmentStudio,1BA$795
8057-59 S MarshfieldStudio ApartmentStudio,1BA$805
7944 S Paulina1 Bedroom 1 Bathroom Apartment1BR,1BA$920
7825 S Emerald Ave1 Bedroom 1 Bath Apartment1BR,1BA$925
1815 W 77th St1 Bedroom 1 Bath Garden unit1BR,1BA$935

Best Value Apartments for Rent in Gresham, IL

As of December 08, 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 7734 S Carpenter St Model at 7734 S Carpenter St, Unit 3rd starting at $1,300 with a $1.00 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
7734 S Carpenter St, Unit 3rd7734 S Carpenter St2BR,1BA$1.00
7920 S Winchester Ave, Unit 17920 S Winchester Ave3BR,1BA$1.38
8100 S Throop St3 Bedroom 1 Bath Apartment3BR,1BA$1.14
8139 S Marshfield Ave, Unit g8139 S Marshfield Ave2BR,1BA$1.27
8311 S Racine Ave8311 S Racine Ave1BR,1BA$1.22
7657-59 S Morgan2 Bedroom 1 Bath Apartment2BR,1BA$1.35
1720 W 76th St, Unit 2021720 W 76th St2BR,1BA$1.31
8101 S Justine2 Bedroom 1 Bath Garden unit2BR,1BA$1.33
7654 S Marshfield Ave2 Bedroom 1 Bath Apartment2BR,1BA$1.39

Frequently Asked Questions about Gresham

What type of rentals are currently available in Gresham?

There are currently 395 Apartments for Rent in Gresham, IL with pricing that ranges from $830 to $2,500. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gresham ranging from $900 to $2,800.

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 $900 to $2,800 with an average monthly rent of $1,752.

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 $1,400 to $2,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 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

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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!