Cheap Homes for Rent in Lawndale Neighborhood of Chicago, IL from $1,200 (21 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lawndale 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.

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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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Cheapest Available Lawndale Apartments for Rent

 

The cheapest available apartment rental in the Lawndale area of Chicago, IL is a 2 Beds unit found at Cermak-MASTER priced from $1,175. 400 S Kilbourn Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,230. Here are the most affordable Lawndale apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Cermak-MASTER2BR/1.0BA2BR,1BA$1,175
400 S Kilbourn Ave2 Bedroom 1 Bath Apartment2BR,1BA$1,230
1236 S Lawndale2 Bedroom 1 Bath Apartment2BR,1BA$1,235
3454 W Lexington2 Bedroom 1 Bath Apartment2BR,1BA$1,300
1840-1850 S Fairfield Ave1 Beds, 1 Baths1BR,1BA$1,300

Best Value Apartments for Rent in Lawndale, IL

As of July 08, 2026 the best value apartment in the Lawndale area is the $1.43 price per square foot 2440 W Lexington St Model at 2440 W Lexington St, Unit 1 in the in the Near West Side neighborhood starting from $2,280. The second greatest value Lawndale apartment is the 2644 W 22nd Pl Model at 2644 W 22nd Pl, Unit #2 starting at $1,900 with a $1.36 price per square foot in the Lawndale neighborhood. Here is today’s list of the best values for Lawndale apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2440 W Lexington St, Unit 12440 W Lexington St4BR,2BA$1.43
2644 W 22nd Pl, Unit #22644 W 22nd Pl3BR,1BA$1.36
3626 W Polk St, Unit 33626 W Polk St3BR,1BA$1.64
2442 W Fillmore St, Unit 32442 W Fillmore St3BR,2BA$1.65
1336 S Washtenaw Ave, Unit 21336 S Washtenaw Ave3BR,1BA$1.67
2637 W 21st Pl, Unit 2637 W 21st Place-Basement2637 W 21st Pl3BR,1BA$1.38
Cermak-MASTER2BR/1.0BA2BR,1BA$1.03
2826 W 21st Pl, Unit 2 Rear2826 W 21st Pl1BR,1BA$1.47
3454 W Lexington2 Bedroom 1 Bath Apartment2BR,1BA$1.73
1236 S Lawndale2 Bedroom 1 Bath Apartment2BR,1BA$1.65

Frequently Asked Questions about Lawndale

What type of rentals are currently available in Lawndale?

There are currently 518 Apartments for Rent in Lawndale, IL with pricing that ranges from $925 to $5,900. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lawndale ranging from $1,200 to $3,600.

What is the current price range for Rental Homes in Lawndale?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lawndale ranges from $1,200 to $3,600 with an average monthly rent of $2,061.

How much are larger Three and Four Bedroom Rentals in Lawndale?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lawndale range from $1,600 to $5,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,600. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $2,250.

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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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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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

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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.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

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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.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting 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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Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.