
Cheap Apartments for Rent in the Near South Side Neighborhood of Chicago, IL from $800 (64 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

321 W 24th St

2001 S State St

Vesta Lofts Apartments

ELEVEN THIRTY

30 E Roosevelt Rd
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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.

AMLI 900

2036 S Michigan Avenue

1255 S State St

Carriage House Lofts

1160 S Michigan Ave

899 S Plymouth Ct

1600 S Indiana 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!
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 | $2,195 | $1,245 | $10,000+ |
| Near South Side 1 Bedroom Apartments | $2,725 | $1,300 | $8,308 |
| Near South Side 2 Bedroom Apartments | $3,840 | $1,792 | $10,000+ |
| Near South Side 3 Bedroom Apartments | $5,655 | $1,590 | $10,000+ |
| Near South Side 4 Bedroom Apartments | $19,021 | $8,655 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 64 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 $1,975.
What is the price of a cheap apartment in Near South Side?
The cheapest apartment in Near South Side is Aspire which is listed at $1,300, while the average apartment in Near South Side costs $13,700.
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 26 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 $376 which is $13,324 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

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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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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.

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

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

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.