Room in Shared 4 bed/2.5 bath home, Unit A
1928 S Young Pkwy
ChicagoIL60616
Cheap Homes for Rent in Near South Side Neighborhood of Chicago, IL from $1,000 (40 Rentals)
Search the lowest-cost Homes available for rent right now in the Near South Side area of Chicago.
2605 S Indiana Ave
ChicagoIL60616
899 S Plymouth Ct, Unit Dearborn Park - South Loo
899 S Plymouth Ct
ChicagoIL60605
899 S Plymouth Ct
ChicagoIL60605
1311 S Michigan Ave
ChicagoIL60605
30 E Roosevelt Rd
ChicagoIL60605
239 W 18th St
ChicagoIL60616
1845 S Michigan Ave, Unit 01204
1845 S Michigan Ave
ChicagoIL60616
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.
800 S Clark St, Unit 415
800 S Clark St
ChicagoIL60605
928 S Clark St
ChicagoIL60605
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$2,070
Total Monthly Price
Studio Apartments Available Nov 16Total Monthly Price
Base Rent
$2,070
Total Monthly Price
$2,070
1000 S Michigan Ave, Unit SI FL25-ID1349
1000 S Michigan AveChicago, IL 60605
2024 S Wabash Ave, Unit 705
2024 S Wabash Ave
ChicagoIL60616
2024 S Wabash Ave
ChicagoIL60616
1322 S Wabash Ave
ChicagoIL60605
1529 S State St, Unit 13F
1529 S State St
ChicagoIL60605
1503 S State St
ChicagoIL60605
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.
1403 S Wabash Ave
ChicagoIL60605
1400 S Michigan Ave, Unit 27G
1400 S Michigan Ave
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1171 S Michigan Ave
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1720 S Michigan Ave
ChicagoIL60616
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$2,2951 Bedroom Apartments Available Jul 15
1930 S Wabash Ave, Unit 322
1930 S Wabash AveChicago, IL 60616
871 S Clark St
ChicagoIL60605
1390 S State St
ChicagoIL60605
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$2,310
Total Monthly Price
1 Bedroom Apartments Available Aug 9Total Monthly Price
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$2,310
Total Monthly Price
$2,310
30 E Roosevelt Rd, Unit SI FL8-ID804
30 E Roosevelt RdChicago, IL 60605
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
2110 S Wabash Ave
ChicagoIL60616
2099 S Wabash Ave
ChicagoIL60616
1389 S State St
ChicagoIL60605
1345 S Wabash Ave, Unit 908
1345 S Wabash Ave
ChicagoIL60605
1720 S Michigan Ave, Unit 509
1720 S Michigan Ave
ChicagoIL60616
1717 S Prairie Ave, Unit 1307
1717 S Prairie Ave
ChicagoIL60616
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$2,380
Total Monthly Price
1 Bedroom Apartments Available Aug 17, 2030Total Monthly Price
Base Rent
$2,380
Total Monthly Price
$2,380
1212 S Michigan Ave, Unit SI FL14-ID1116
1212 S Michigan AveChicago, IL 60605
1437 S State St
ChicagoIL60605
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.
1461 S State St
ChicagoIL60605
1307 Michigan Ave
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883 S Clark St
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1305 S Michigan Ave
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1101 S State St
ChicagoIL60605
1400 S Michigan Ave
ChicagoIL60605
1111 S Wabash Ave, Unit 1605
1111 S Wabash Ave
ChicagoIL60605
1440 S Michigan Ave, Unit 2
1440 S Michigan Ave
ChicagoIL60605
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.
Showing Results 1-40, Page 1 of 1
Near South Side, Chicago, IL Local Guide
How much does it cost to rent a home in Near South Side?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Near South Side 2 Bedroom Homes for Rent | $3,320 | $2,000 | $4,350 |
| Near South Side 3 Bedroom Homes for Rent | $4,201 | $2,000 | $5,995 |
| Near South Side 4 Bedroom Homes for Rent | $6,645 | $1,030 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 40 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 $1,223. Eden Commons has the second lowest priced unit, which is a Studio apartment currently listed from $1,311. 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 | $1,223 |
| Eden Commons | Studio | Studio,1BA | $1,311 |
| Prairie CoLiving | Private bedroom with en-suite bathroom | 1BR,1BA | $1,350 |
| 21st Street Lofts | Studio - C | Studio,1BA | $1,429 |
| The Roosevelt | ER_Sx1 | Studio,1BA | $1,550 |
| 820 South Michigan | Studio East | Studio,1BA | $1,719 |
| Park Michigan - 1212 S Michigan Ave | Studio 1ba 04 | Studio,1BA | $1,861 |
| Eleven40 | S3 | Studio,1BA | $1,959 |
| Coeval | S2.L | Studio,1BA | $2,075 |
Best Value Apartments for Rent in Near South Side, IL
As of June 12, 2026 the best value apartment in the Near South Side area is the $2.20 price per square foot 2113 S State St Model at 2113 S State St, Unit 6 in the in the Near South Side neighborhood starting from $2,200. The second greatest value Near South Side apartment is the 240 W 24th St Model at 240 W 24th St, Unit 1R starting at $1,590 with a $1.59 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. |
|---|---|---|---|
| 2113 S State St, Unit 6 | 2113 S State St | 2BR,1BA | $2.20 |
| 240 W 24th St, Unit 1R | 240 W 24th St | 3BR,1BA | $1.59 |
| ONE333 | Two Bedroom b1 | 2BR,2BA | $3.48 |
| Arrive South Loop | Jarvis | 1BR,1BA | $3.60 |
| 1442 S Michigan Ave, Unit 1440-213 | 1442 S Michigan Ave | 1BR,1BA | $3.43 |
| River City Apartments | 1 BR Junior | 1BR,1BA | $3.52 |
| Eden Commons | 1 Bedroom | 1BR,1BA | $2.56 |
| 30 East Roosevelt | ER_1x1 | 1BR,1BA | $3.21 |
| Park Michigan - 1212 S Michigan Ave | Studio 1ba 04 | Studio ,1BA | $3.35 |
| Prairie Shores | Classic Studio | Studio ,1BA | $2.99 |
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 Article
Best 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 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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Pet Friendly LifestyleNear South Side, Chicago, IL
Ranked #36
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Near South Side
What type of rentals are currently available in Near South Side?
There are currently 217 Apartments for Rent in Near South Side, IL with pricing that ranges from $1,194 to $12,510. There are also 126 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near South Side ranging from $1,030 to $12,000.
What is the current price range for Rental Homes in Near South Side?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Near South Side ranges from $1,030 to $12,000 with an average monthly rent of $3,713.
How much are larger Three and Four Bedroom Rentals in Near South Side?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Near South Side range from $1,590 to $9,410, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $5,995. Four Bedroom Single-Family rentals are also available starting from $1,030 and Four Bedroom Apartments start at $8,655.
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
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.
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.