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$1,014 - $10,936Studio to 3 Bedroom Apartments Available Now
Prairie Shores
2937 South King DrChicago, IL 60616
Cheap Apartments for Rent in the Near South Side Neighborhood of Chicago, IL from $800 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near South Side area of Chicago.
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$1,147 - $1,6631 to 4 Bedroom Apartments Available Now
McCormick CoLiving
2401 S State StChicago, IL 60616
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$1,321 - $2,274Studio to 4 Bedroom Apartments Available Now
Eden Commons
2701 S Indiana AveChicago, IL 60616
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$1,5601 Bedroom Apartments Available Jan 11, 2026
1212 S Michigan Ave
1212 S Michigan AveChicago, IL 60605
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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.
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Rent Specials
$1,744 - $2,965Studio to 3 Bedroom Apartments Available Now
2101 Michigan
2101 S Michigan AveChicago, IL 60616
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$1,750 - $1,8501 Bedroom Apartments Available Now
30 East Roosevelt
30 E Roosevelt RdChicago, IL 60605
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Rent Specials
$1,774 - $5,265Studio to 2 Bedroom Apartments Available Now
Eleven40
1140 So Wabash AveChicago, IL 60605
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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.
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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!
Showing Results 1-24, Page 1 of 1
Near South Side, Chicago, IL Local Guide
How much does it cost to rent an apartment in Near South Side?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Near South Side Studio Apartments | $1,997 | $1,014 | $3,550 |
| Near South Side 1 Bedroom Apartments | $2,471 | $1,235 | $7,519 |
| Near South Side 2 Bedroom Apartments | $3,702 | $1,553 | $10,000+ |
| Near South Side 3 Bedroom Apartments | $5,573 | $1,844 | $10,000+ |
| Near South Side 4 Bedroom Apartments | $7,847 | $1,275 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 1 mile radius of the Near South Side Neighborhood of Chicago, IL.
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Near South Side, Chicago, IL Local Guide
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Cheapest Available Near South Side Apartments for Rent
The cheapest available apartment rental in the Near South Side area of Chicago, IL is a Studio unit found at Prairie Shores priced from $1,014. Prairie CoLiving has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,122. Here are the most affordable Near South Side apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Prairie Shores | Classic Studio | Studio,1BA | $1,014 |
| Prairie CoLiving | Private bedroom with en-suite bathroom | 1BR,1BA | $1,122 |
| McCormick CoLiving | Ensuite | 4BR,3BA | $1,147 |
| Eden Commons | Studio | Studio,1BA | $1,368 |
| ELEVEN THIRTY | Tier 6/12 (Studio) | Studio,1BA | $1,706 |
Best Value Apartments for Rent in Near South Side, IL
As of November 03, 2025 the best value apartment in the Near South Side area is the $2.35 price per square foot 3 BED 2 BATH Model at Carriage House Lofts in the in the Near South Side neighborhood starting from $3,505. The second greatest value Near South Side apartment is the C2 Model at The Shelby starting at $3,311 with a $2.76 price per square foot in the Near South Side neighborhood. Here is today’s list of the best values for Near South Side apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Carriage House Lofts | 3 BED 2 BATH | 3BR,2BA | $2.35 |
| The Shelby | C2 | 2BR,2BA | $2.76 |
| 1462 S Michigan Ave, Unit 2203 | 1462 S Michigan Ave | 2BR,2BA | $2.29 |
| 1401 S. State | B1-R | 2BR,2BA | $2.79 |
| 320 E 21st St, Unit 503 | 320 E 21st St | 2BR,1BA | $2.70 |
| River City Apartments | 1 BR Deluxe | 1BR,1BA | $3.24 |
| 30 East Roosevelt | ER_1x1 | 1BR,1BA | $3.03 |
| 21st Street Lofts by 3L Living | One Bed Loft - E | 1BR,1BA | $3.04 |
| Eden Commons | Studio | Studio ,1BA | $2.92 |
| Prairie Shores | Renovated Studio | Studio ,1BA | $3.03 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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 ArticleBest 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 ArticleThe 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 ArticleA 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 ArticleQuick 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.
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If you’re an expert on all things Near South Side, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleNear South Side, Chicago, IL
Ranked #30
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Near South Side Apartments
What is the Cheapest Studio apartment in Near South Side?
Currently the most affordable Cheap Studio Apartment in Near South Side is at Prairie Shores listed at $1,014.
How much is rent for a Cheap One Bedroom Near South Side Apartment?
The lowest price for a Cheap One Bedroom Near South Side Apartment is $1,122 at Prairie CoLiving.
What is the lowest price for a Cheap Two Bedroom Near South Side Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Near South Side is starting from $1,553 at Prairie Shores.
What is the most affordable Near South Side Three Bedroom Apartment?
The best deal on a cheap Near South Side Three Bedroom Apartment rental is at Eden Commons and starts from $1,856.
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.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.