
Cheap Apartments for Rent in the Near South Side Neighborhood of Chicago, IL from $800 (91 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Near South Side area of Chicago.


1345 S Wabash Ave, Unit 908

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1300 S Wabash Ave, Unit 602

928 S Clark St

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1212 S Michigan Ave, Unit SI FL14-ID1116

1305 S Michigan Ave

1400 S Michigan Ave

1111 S Wabash Ave, Unit 1605
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Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

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1407 S Michigan Ave, Unit SI FL12-ID856

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30 E Roosevelt Rd, Unit PL FL7-ID805

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1001 South State

910 S Michigan Ave, Unit 708

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30 E Roosevelt Rd, Unit SI FL3-ID808

1407 S Wabash Ave

2 E 14th St

59 E 14th St
Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
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.

1600 S Prairie Ave, Unit 1805

820 S Michigan Ave, Unit 815

1172 S Michigan Ave

Hilliard Towers Family One

Hilliard Towers Family II

McCormick CoLiving

Hilliard Towers Senior Apartments

Hilliard Towers Senior Apartments One
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!

1251 S Michigan - Senior Living

2001 S State St

40 E 9th St

Vesta Lofts Apartments

2024 S Wabash Ave

2036 S Michigan Avenue

1503 S State St

1720 S Michigan Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Carriage House Lofts

ELEVEN THIRTY

1345 S Wabash Ave

900 S Wabash Ave

SKY55

AMLI 900

910 Michigan Ave #608

320 E 21st St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1620 S Michigan 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 | $2,224 | $1,305 | $3,183 |
| Near South Side 1 Bedroom Apartments | $2,740 | $1,350 | $9,635 |
| Near South Side 2 Bedroom Apartments | $3,730 | $1,500 | $10,000+ |
| Near South Side 3 Bedroom Apartments | $6,019 | $1,590 | $9,445 |
| Near South Side 4 Bedroom Apartments | $5,748 | $2,800 | $8,740 |
Browse Apartments in this Neighborhood
There are currently 91 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 $2,082.
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 $1,350, while the average apartment in Near South Side costs $6,997.
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 11 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 $309 which is $6,688 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

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
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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
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From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
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Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.