Cheap Apartments for Rent in the Midway Airport Neighborhood of Chicago, IL from $800 (25 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
6327 S Kenneth Ave
$1,000 - $2,100
Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $2,100

Total Monthly Price
$1,000 - $2,100
1 to 3 Bedroom Apartment Available Now

6327 S Kenneth Ave

6327 S Kenneth AveChicago, IL 60629
Affordability
  • Smoke Free

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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.

close
View Me
5454 S Laramie Ave
1 Bedroom Apartments

5454 S Laramie Ave

5454 S Laramie AveChicago, IL 60638
  • Utilities Included
close
View Me
Cicero Senior Lofts
Studio to 2 Bedroom Apartments

Cicero Senior Lofts

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

El San Arms

5614-5628 Archer AveChicago, IL 60638
  • Utilities Included
close
View Me
Atrium West Apartments
1 to 3 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.

close
View Me
5927-5929 W 63rd St
1 to 2 Bedroom Apartments

5927-5929 W 63rd St

5927-5929 W 63rd StChicago, IL 60638
  • Utilities Included

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

close
View Me
5500 W 55th St
1 Bedroom Apartments

5500 W 55th St

5500 W 55th StChicago, IL 60638
  • Utilities Included

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 1 Bed unit found at Park Place Apartments priced from $1,005. Midway has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,400. Here are the most affordable Midway Airport apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Park Place ApartmentsOner Bedroom 50%1BR,1BA$1,005
MidwayGarden Unit2BR,1BA$1,400
5835 W 63rd St2 bed 1 bath2BR,1BA$1,500
3601 w 53rd ST Chicago, IL 606323 Bedroom 3 Bath Townhouse3BR,3BA$2,750

Best Value Apartments for Rent in Midway Airport, IL

As of April 30, 2026 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 Chicago, IL 60632 in the in the West Elsdon neighborhood starting from $2,750. The second greatest value Midway Airport apartment is the 5030 S Archer Ave Model at 5030 S Archer Ave, Unit 2nd floor starting at $1,800 with a $1.50 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.
3601 w 53rd ST Chicago, IL 606323 Bedroom 3 Bath Townhouse3BR,4BA$1.25
5030 S Archer Ave, Unit 2nd floor5030 S Archer Ave3BR,1BA$1.50
6327 S Kenneth Ave6327 S Kenneth Ave3BR,1BA$2.10
Park Place ApartmentsTwo Bedroom 60%2BR,1BA$1.60
Midway6232 2nd FL2BR,1BA$1.56
5835 W 63rd St2 bed 1 bath2BR,1BA$1.88
5230 S Lockwood Ave5230 S Lockwood Ave2BR,1BA$2.33

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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.

Read Article
Decorative image

Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

Read Article
Decorative image

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Decorative image

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

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

Read Article
Decorative image

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 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 $1,005 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 $1,200 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 $1,390.

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

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 Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago article

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.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

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.

decorative image for Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago article

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Written by: Nicole Harms

From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.