
Cheap Homes for Rent in Morgan Park Neighborhood of Chicago, IL from $1,100 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Morgan Park area of Chicago.


2346 W 111th St, Unit 1
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.

2033 W 111th St

1309 W 110th Pl
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.

1479 W 114th Pl
Morgan Park, Chicago, IL Local Guide

How much does it cost to rent a home in Morgan Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Morgan Park 2 Bedroom Homes for Rent | $2,300 | $2,300 | $2,300 |
| Morgan Park 3 Bedroom Homes for Rent | $2,506 | $1,550 | $3,800 |
| Morgan Park 4 Bedroom Homes for Rent | $3,250 | $2,000 | $4,500 |
| Morgan Park 7 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Morgan Park Neighborhood of Chicago, IL.
Explore Chicago
Cheapest Available Morgan Park Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 11456 S Hale St. Chicago IL | 1BR/1.0BA | 1BR,1BA | $2,100 |
| 2253-59 W. 111th St LLC | 2BR/2.0BA | 2BR,2BA | $2,350 |
Frequently Asked Questions about Morgan Park
What type of rentals are currently available in Morgan Park?
There are currently 68 Apartments for Rent in Morgan Park, IL with pricing that ranges from $1,325 to $2,850. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Morgan Park ranging from $1,100 to $4,500.
What is the current price range for Rental Homes in Morgan Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Morgan Park ranges from $1,100 to $4,500 with an average monthly rent of $2,767.
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

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.

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.

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.

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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.