Cheap Homes for Rent in Lower West Side Neighborhood of Chicago, IL from $800 (8 Rentals)

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

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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.

Cheapest Available Lower West Side Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
1752 W 18th Pl3 Bedrooms3BR,2BA$2,675

Best Value Apartments for Rent in Lower West Side, IL

As of January 20, 2026 the best value apartment in the Lower West Side area is the $2.26 price per square foot 5 Bedroom 3 Baths Model at Luxury Student Housing at Leavitt Place in the in the Lower West Side neighborhood starting from $3,950. The second greatest value Lower West Side apartment is the 3 Bedrooms Model at 1752 W 18th Pl starting at $2,675 with a $2.06 price per square foot in the University Village neighborhood. Here is today’s list of the best values for Lower West Side apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Luxury Student Housing at Leavitt Place5 Bedroom 3 Baths5BR,3BA$2.26
1752 W 18th Pl3 Bedrooms3BR,2BA$2.06
1921 W 21st St, Unit M06H1921 W 21st St2BR,2BA$2.16
2448 S Oakley Ave, Unit 2F2448 S Oakley Ave3BR,2BA$2.00
2345 W 24th Pl, Unit 12345 W 24th Pl2BR,1BA$1.45
1918 W Cermak Rd, Unit 3F1918 W Cermak Rd3BR,2BA$2.35
2039 W 23rd St, Unit 22039 W 23rd St3BR,1BA$2.40
2029 W 23rd St, Unit 42029 W 23rd St2BR,1BA$2.24
2440 S Oakley Ave, Unit 12440 S Oakley Ave1BR,1BA$2.00
1800 W 21st Plz, Unit 1 Floor1800 W 21st Plz1BR,1BA$2.60

Frequently Asked Questions about Lower West Side

What type of rentals are currently available in Lower West Side?

There are currently 173 Apartments for Rent in Lower West Side, IL with pricing that ranges from $1,300 to $3,950. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lower West Side ranging from $850 to $3,495.

What is the current price range for Rental Homes in Lower West Side?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lower West Side ranges from $850 to $3,495 with an average monthly rent of $1,765.

How much are larger Three and Four Bedroom Rentals in Lower West Side?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lower West Side range from $1,750 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $3,495. Four Bedroom Single-Family rentals are also available starting from $980 and Four Bedroom Apartments start at $2,940.

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

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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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

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

Written by: Nicole Harms

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

Written by: Nicole Harms

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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

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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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!