
Cheap Apartments for Rent in the Near South Side Neighborhood of Chicago, IL from $800 (66 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Near South Side area of Chicago.


1251 S Michigan - Senior Living

2305 S Stewart Ave

ELEVEN THIRTY

1828 S Wentworth Ave
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!

899 S Plymouth Ct, Unit 1602

40 E 9th St

1220 S Michigan Ave

839 S Michigan Ave

2036 S Michigan Avenue
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

AMLI 900

1464 S Michigan Ave

1199 S Michigan Ave

Carriage House Lofts

1307 S Wabash Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1345 S Wabash Ave
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 | $2,170 | $1,066 | $3,459 |
| Near South Side 1 Bedroom Apartments | $2,806 | $1,150 | $8,993 |
| Near South Side 2 Bedroom Apartments | $3,738 | $1,657 | $10,000+ |
| Near South Side 3 Bedroom Apartments | $4,950 | $1,967 | $10,000+ |
| Near South Side 4 Bedroom Apartments | $7,384 | $3,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 66 rentals with your search options within a 1 mile radius of the Near South Side Neighborhood of Chicago, IL.
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Frequently Asked Questions about Cheap Near South Side Apartments
What is a cheap apartment in Near South Side?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Near South Side is under $2,199.
What is the price of a cheap apartment in Near South Side?
The cheapest apartment in Near South Side is Prairie CoLiving which is listed at $1,150, while the average apartment in Near South Side costs $2,768.
What types of apartments are the cheapest in Near South Side?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16 regular apartments in Near South Side that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Near South Side?
Cheap apartments in Near South Side have an average cost of $271 which is $2,497 cheaper than the average rent for all rentals in Near South Side.
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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Written by: Nicole Harms
When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Written by: Nicole Harms
I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Written by: Nicole Harms
Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.