Cheap Homes for Rent in Gresham Neighborhood of Chicago, IL from $1,200 (29 Rentals)

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

property at 7559 S Union Ave

7559 S Union Ave

ChicagoIL60620

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.

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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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The Art of the Rental Viewing: What to look for during a property tour

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Showing Results 1-29, 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 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 ListingModel NameBed/BathPriced From
1155 W 83rd StStudioStudio,1BA$650
8001 S Marshfield AveStudioStudio,1BA$790
1735 W 79th StStudio ApartmentStudio,1BA$815
7701 S Stewart Ave1 Bedroom 1 Bath Apartment1BR,1BA$870
8000 S Paulina1 Bedroom1BR,1BA$980
7643 S Stewart Ave2 Bedroom 1 Bath Apartment2BR,1BA$985
8552 S Laflin St1 Bedroom 1 Bath Apartment with dining1BR,1BA$990
7800-06 S Morgan1 Bedroom 1 Bath Apartment with dining1BR,1BA$995
1514-20 W 77th1 Bedroom 1 Bath Apartment with dining1BR,1BA$1,000
7825 S Emerald Ave1 Bedroom 1 Bath Apartment1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
8010 S Marshfield Ave, Unit 18010 S Marshfield Ave2BR,1BA$0.87
8557 S Morgan St8557 S Morgan St3BR,1BA$1.40
8100 S Throop St3 Bedroom 1 Bath Apartment3BR,1BA$1.21
8139 S Marshfield Ave, Unit g8139 S Marshfield Ave2BR,1BA$1.27
8311 S Racine Ave8311 S Racine Ave1BR,1BA$1.33
7654 S Marshfield Ave2 Bedroom 1 Bath Apartment2BR,1BA$1.25
910 W 77th St, Unit 1910 W 77th St2BR,1BA$1.38
1720 W 76th St, Unit 2021720 W 76th St2BR,1BA$1.31
8101 S Justine2 Bedroom 1 Bath Garden unit2BR,1BA$1.38
1514-20 W 77th1 Bedroom 1 Bath Apartment1BR,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.

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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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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! 

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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.