Cheap Apartments for Rent in the McKinley Park Neighborhood of Chicago, IL from $900 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the McKinley Park area of Chicago.
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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.
McKinley Park, Chicago, IL Local Guide

How much does it cost to rent an apartment in McKinley Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
McKinley Park 1 Bedroom Apartments | $1,308 | $900 | $1,600 |
McKinley Park 2 Bedroom Apartments | $1,583 | $1,200 | $2,000 |
McKinley Park 3 Bedroom Apartments | $1,500 | $1,500 | $1,500 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the McKinley Park Neighborhood of Chicago, IL.
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McKinley Park, Chicago, IL Local Guide
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Cheapest Available McKinley Park Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
4450 S Wood St | 6 bedroom | 6BR,1BA | $1,795 |
Best Value Apartments for Rent in McKinley Park, IL
As of October 05, 2025 the best value apartment in the McKinley Park area is the $1.20 price per square foot 6 bedroom Model at 4450 S Wood St in the in the Armour Square neighborhood starting from $1,795. The second greatest value McKinley Park apartment is the 3619 S Damen Ave Model at 3619 S Damen Ave, Unit 1 starting at $1,600 with a $1.78 price per square foot in the McKinley Park neighborhood. Here is today’s list of the best values for McKinley Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
4450 S Wood St | 6 bedroom | 6BR,1BA | $1.20 |
3619 S Damen Ave, Unit 1 | 3619 S Damen Ave | 1BR,1BA | $1.78 |
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Pet Friendly LifestyleMckinley Park, Chicago, IL
Ranked #99
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Mckinley Park, Chicago, IL
Greene N Elementary School
BACK OF THE YARDS IB HS
Evergreen Academy Middle School
School data provided by Great Schools
Getting Around the McKinley Park Neighborhood in Chicago, IL
Walk Score®
78 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
62 / 100
Bikeable
Some bike infrastructure
Transit Score®
60 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.