Cheap Homes for Rent in Midway Airport Neighborhood of Chicago, IL from $1,100 (12 Rentals)

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

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 5927-5929 W 63rd St priced from $1,100. Park Place Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,140. Here are the most affordable Midway Airport apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
5927-5929 W 63rd St1/11BR,1BA$1,100
Park Place ApartmentsTwo Bedroom 50%2BR,1BA$1,140
5500 W 55th St#91BR,1BA$1,300

Best Value Apartments for Rent in Midway Airport, IL

As of June 30, 2025 the best value apartment in the Midway Airport area is the $1.25 price per square foot 5419 W 64th St Model at 5419 W 64th St, Unit 2 in the in the Clearing neighborhood starting from $1,500. The second greatest value Midway Airport apartment is the Two Bedroom 60% Model at Park Place Apartments starting at $1,372 with a $1.40 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.
5419 W 64th St, Unit 25419 W 64th St2BR,1BA$1.25
Park Place ApartmentsTwo Bedroom 60%2BR,1BA$1.40
5500 W 55th St#91BR,1BA$1.73
5927-5929 W 63rd St1/11BR,1BA$1.69
5450 S Archer Ave, Unit APT 25450 S Archer Ave1BR,1BA$2.40
Furnished Studio-Chicago - MidwayFurnished Studio-Chicago - MidwayStudio ,1BA$8.97

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Frequently Asked Questions about Midway Airport

What type of rentals are currently available in Midway Airport?

There are currently 169 Apartments for Rent in Midway Airport, IL with pricing that ranges from $995 to $4,050. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midway Airport ranging from $1,195 to $4,200.

What is the current price range for Rental Homes in Midway Airport?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Midway Airport ranges from $1,195 to $4,200 with an average monthly rent of $2,529.

How much are larger Three and Four Bedroom Rentals in Midway Airport?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Midway Airport range from $1,300 to $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $4,100. Four Bedroom Single-Family rentals are also available starting from $3,040 and Four Bedroom Apartments start at $4,050.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.