Cheap Apartments for Rent in the Midway Airport Neighborhood of Chicago, IL from $800 (8 Rentals)

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5454 S Laramie Ave
1 Bedroom Apartments

5454 S Laramie Ave

5454 S Laramie AveChicago, IL 60638
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Cicero Senior Lofts
Studio to 2 Bedroom Apartments

Cicero Senior Lofts

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

El San Arms

5614-5628 Archer AveChicago, IL 60638
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Atrium West Apartments
1 to 3 Bedroom Apartments

Atrium West Apartments

5908-5920 W 55th StChicago, IL 60638
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Midway Airport, Chicago, IL Local Guide

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. 6232-6238 S Parkside Ave 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 ListingModel NameBed/BathPriced From
Park Place ApartmentsTwo Bedroom 50%2BR,1BA$1,140
6232-6238 S Parkside Ave6234 - 1 Bed1BR,1BA$1,250
5829-5837 W 63rd St1 bed 1 bath1BR,1BA$1,300

Best Value Apartments for Rent in Midway Airport, IL

As of January 29, 2026 the best value apartment in the Midway Airport area is the $1.21 price per square foot 4745 S Karlov Ave Model at 4745 S Karlov Ave, Unit 2 in the in the West Elsdon neighborhood starting from $1,700. The second greatest value Midway Airport apartment is the 6042 S Kolmar Ave Model at 6042 S Kolmar Ave, Unit 2 starting at $1,890 with a $1.45 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 ListingModel NameBed/BathPrice Per Sq.Ft.
4745 S Karlov Ave, Unit 24745 S Karlov Ave3BR,1BA$1.21
6042 S Kolmar Ave, Unit 26042 S Kolmar Ave3BR,1.5BA$1.45
6038 W 63rd St, Unit 16038 W 63rd St3BR,2BA$2.09
6042 S Kolmar Ave, Unit G6042 S Kolmar Ave1BR,1BA$1.65
6232-6238 S Parkside Ave6234 - 1 Bed1BR,1BA$1.67
Park Place ApartmentsOne Bedroom 60%1BR,1BA$1.84
5829-5837 W 63rd St1 bed 1 bath1BR,1BA$2.17

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

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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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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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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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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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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.