Cheap Homes for Rent in Lower West Side Neighborhood of Chicago, IL from $1,400 (31 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

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.

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Lower West Side, Chicago, IL Local Guide

Cheapest Available Lower West Side Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
1752 W 18th Pl3 Bedrooms3BR,2BA$3,250

Best Value Apartments for Rent in Lower West Side, IL

As of June 22, 2025 the best value apartment in the Lower West Side area is the $0.17 price per square foot 1914 W 21st Plz Model at 1914 W 21st Plz, Unit G in the in the University Village neighborhood starting from $1,700. The second greatest value Lower West Side apartment is the 5 Bedroom 3 Baths Model at Luxury Student Housing at Leavitt Place starting at $3,950 with a $2.26 price per square foot in the Lower West Side 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.
1914 W 21st Plz, Unit G1914 W 21st Plz2BR,1BA$0.17
Luxury Student Housing at Leavitt Place5 Bedroom 3 Baths5BR,3BA$2.26
1823 W 17th St, Unit 1F1823 W 17th St3BR,2BA$2.38
1823 W 17th St, Unit 1FR1823 W 17th St3BR,2BA$2.38
2237 W 18th St, Unit 12237 W 18th St3BR,2BA$1.88
2202 W Cermak Rd, Unit 2F2202 W Cermak Rd2BR,1BA$1.45
2136 W 18th Pl, Unit 42136 W 18th Pl2BR,1BA$1.80
2029 W 23rd St, Unit 6D2029 W 23rd St2BR,1BA$2.27
2123 S Ashland Ave, Unit 2 f2123 S Ashland Ave1BR,1BA$2.40
1840 S Ashland Ave, Unit 1R1840 S Ashland Ave2BR,1BA$2.46

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Lower West Side

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

There are currently 177 Apartments for Rent in Lower West Side, IL with pricing that ranges from $875 to $4,500. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lower West Side ranging from $1,400 to $3,000.

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 $1,400 to $3,000 with an average monthly rent of $2,236.

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 $875 to $3,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,730 to $2,400. Four Bedroom Single-Family rentals are also available starting from $2,795 and Four Bedroom Apartments start at $925.

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.

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

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.