Cheap Apartments for Rent in the Midway Airport Neighborhood of Chicago, IL from $800 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midway Airport area of Chicago.

5200 S Monitor Ave

Park Place Apartments
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Midway Airport, Chicago, IL Local Guide

How much does it cost to rent an apartment in Midway Airport?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Midway Airport Studio Apartments | $1,709 | $1,709 | $1,709 |
| Midway Airport 1 Bedroom Apartments | $1,250 | $975 | $1,650 |
| Midway Airport 2 Bedroom Apartments | $1,430 | $1,100 | $1,700 |
| Midway Airport 3 Bedroom Apartments | $1,661 | $1,300 | $1,950 |
| Midway Airport 4 Bedroom Apartments | $10,932 | $6,404 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Midway Airport Neighborhood of Chicago, IL.
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Midway Airport, Chicago, IL Local Guide
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Cheapest Available Midway Airport Apartments for Rent
 The cheapest available apartment rental in the Midway Airport area of Chicago, IL is a 2 Beds unit found at Park Place Apartments priced from $1,140. 5927-5929 W 63rd St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here are the most affordable Midway Airport apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Place Apartments | Two Bedroom 50% | 2BR,1BA | $1,140 |
| 5927-5929 W 63rd St | 1/1 | 1BR,1BA | $1,250 |
| 3601 W 53rd St | 3 Bedroom 3 Bath Townhouse | 3BR,3BA | $2,750 |
| 3939-41 W 63rd St. Chicago IL | 2BR/1.0BA | 2BR,1BA | $2,850 |
Best Value Apartments for Rent in Midway Airport, IL
As of December 14, 2025 the best value apartment in the Midway Airport area is the $1.25 price per square foot 3 Bedroom 3 Bath Townhouse Model at 3601 W 53rd St in the in the West Elsdon neighborhood starting from $2,750. The second greatest value Midway Airport apartment is the 6042 S Kolmar Ave Model at 6042 S Kolmar Ave, Unit 2 starting at $1,950 with a $1.30 price per square foot in the West Lawn neighborhood. Here is today’s list of the best values for Midway Airport apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3601 W 53rd St | 3 Bedroom 3 Bath Townhouse | 3BR,3BA | $1.25 |
| 6042 S Kolmar Ave, Unit 2 | 6042 S Kolmar Ave | 3BR,1.5BA | $1.30 |
| 6042 S Kolmar Ave, Unit G | 6042 S Kolmar Ave | 1BR,1BA | $1.65 |
| 5220 S Linder Ave, Unit 2 | 5220 S Linder Ave | 2BR,1BA | $1.82 |
| 4629 S Kedvale Ave, Unit Apt 2 | 4629 S Kedvale Ave | 1BR,1BA | $1.73 |
| Park Place Apartments | One Bedroom 60% | 1BR,1BA | $1.84 |
| 5927-5929 W 63rd St | 1/1 | 1BR,1BA | $1.92 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
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Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleMidway Airport, Chicago, IL
Ranked #147
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Midway Airport, Chicago, IL
Grimes Elementary School
Richardson Middle School
School data provided by Great Schools
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
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.
Frequently Asked Questions about Cheap Midway Airport Apartments
How much is rent for a Cheap One Bedroom Midway Airport Apartment?
The lowest price for a Cheap One Bedroom Midway Airport Apartment is $1,230 at Park Place 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
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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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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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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