Cheap Apartments for Rent in the Midway Airport Neighborhood of Chicago, IL from $700 (7 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Midway Airport area of Chicago.

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5454 S Laramie Ave
1 Bedroom Apartments

5454 S Laramie Ave

5454 S Laramie AveChicago, IL 60638
  • Utilities Included

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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Cicero Senior Lofts
Studio to 2 Bedroom Apartments

Cicero Senior Lofts

4835 S Cicero AveChicago, IL 60632
Senior Living
  • Utilities Included
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El San Arms
1 Bedroom Apartments

El San Arms

5614-5628 Archer AveChicago, IL 60638
  • Utilities Included
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Atrium West Apartments
1 to 2 Bedroom Apartments

Atrium West Apartments

5908-5920 W 55th StChicago, IL 60638
  • Utilities Included

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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5829-5837 W 63rd St
1 to 2 Bedroom Apartments

5829-5837 W 63rd St

5829-5837 W 63rd StChicago, IL 60638
  • Utilities Included

Midway Airport, Chicago, IL Local Guide

Cheapest Available Midway Airport Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
5927-5929 W 63rd St1/11BR,1BA$1,100
Park Place ApartmentsTwo Bedroom 50%2BR,1BA$1,140

Best Value Apartments for Rent in Midway Airport, IL

As of August 31, 2025 the best value apartment in the Midway Airport area is the $1.38 price per square foot 4415 S Keeler Ave Model at 4415 S Keeler Ave, Unit #2 in the in the West Elsdon neighborhood starting from $1,650. The second greatest value Midway Airport apartment is the Two Bedroom 60% Model at Park Place Apartments starting at $1,372 with a $1.48 price per square foot in the West Elsdon neighborhood. Here is today’s list of the best values for Midway Airport apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4415 S Keeler Ave, Unit #24415 S Keeler Ave3BR,1BA$1.38
Park Place ApartmentsTwo Bedroom 60%2BR,1BA$1.48
5927-5929 W 63rd St1/11BR,1BA$1.69
3628 W 64th St, Unit 13628 W 64th St2BR,1BA$2.77
Furnished Studio-Chicago - MidwayFurnished Studio-Chicago - MidwayStudio ,1BA$6.00

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Pet Friendly Lifestyle
Midway Airport, Chicago, IL

Ranked #134

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Midway Airport Neighborhood in Chicago, IL

Walk Score®

51 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

64 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Midway Airport Apartments

What is the lowest price for a Cheap Two Bedroom Midway Airport Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Midway Airport is starting from $1,140 at Park Place Apartments.

What is the most affordable Midway Airport Three Bedroom Apartment?

The best deal on a cheap Midway Airport Three Bedroom Apartment rental is at Park Place Apartments and starts from $1,300.

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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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.