321 W 24th St
ChicagoIL60616
Cheap Homes for Rent in Near South Side Neighborhood of Chicago, IL from $1,400 (46 Rentals)
Search the lowest-cost Homes available for rent right now in the Near South Side area of Chicago.
899 S Plymouth Ct
ChicagoIL60605
1255 S State St, Unit 15B, Unit 15B
1255 S State St
ChicagoIL60605
30 E Roosevelt Rd
ChicagoIL60605
899 S Plymouth Ct, Unit 1806
899 S Plymouth Ct
ChicagoIL60605
899 S Plymouth Ct, Unit 1806, Unit 1806
899 S Plymouth Ct
ChicagoIL60605
899 S Plymouth Ct
ChicagoIL60605
1120 S Michigan Ave, Unit 1404
1120 S Michigan Ave
ChicagoIL60605
65 E 14th St
ChicagoIL60605
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.
1845 S Michigan Ave, Unit 01204, Unit 01204
1845 S Michigan Ave
ChicagoIL60616
1322 S Wabash Ave
ChicagoIL60605
close
View Me
$2,010Studio Apartments Available Nov 16
1000 S Michigan Ave, Unit SI FL25-ID1349
1000 S Michigan AveChicago, IL 60605
1171 S Michigan Ave
ChicagoIL60605
1808 S Michigan Ave, Unit 22, Unit 22
1808 S Michigan Ave
ChicagoIL60616
1464 S Michigan Ave
ChicagoIL60605
2110 S Wabash Ave
ChicagoIL60616
11 E 9th St
ChicagoIL60605
1720 S Michigan Ave, Unit #1516, Unit #1516
1720 S Michigan Ave
ChicagoIL60616
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.
1255 S State St
ChicagoIL60605
1304 S Michigan Ave
ChicagoIL60605
2113 S Wabash Ave
ChicagoIL60616
1720 S Michigan Ave, Unit 2513, Unit 2513
1720 S Michigan Ave
ChicagoIL60616
1464 S Michigan Ave
ChicagoIL60605
221 E Cullerton St, Unit 410, Unit 410
221 E Cullerton St
ChicagoIL60616
close
View Me
$2,3002 Bedroom Apartments Available Now
2605 S Indiana Ave, Unit 301
2605 S Indiana AveChicago, IL 60616
1160 S Michigan Ave
ChicagoIL60605
close
View Me
$2,3002 Bedroom Apartments Available Sep 1
30 E Roosevelt Rd, Unit SI FL3-ID808
30 E Roosevelt RdChicago, IL 60605
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.
1400 S Michigan Ave, Unit 27G, Unit 27G
1400 S Michigan Ave
ChicagoIL60605
close
View Me
$2,3001 Bedroom Apartments Available Aug 9
30 E Roosevelt Rd, Unit SI FL8-ID804
30 E Roosevelt RdChicago, IL 60605
1307 Michigan Ave
ChicagoIL60605
1600 S Indiana Ave
ChicagoIL60616
1461 S State St
ChicagoIL60605
1407 S State St
ChicagoIL60605
1717 S Prairie Ave, Unit 1307, Unit 1307
1717 S Prairie Ave
ChicagoIL60616
close
View Me
$2,350Studio Apartments Available Jul 2
1407 S Michigan Ave, Unit SI FL8-ID761
1407 S Michigan AveChicago, IL 60605
1101 S State St
ChicagoIL60605
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.
1400 S Michigan Ave
ChicagoIL60605
1400 S Michigan Ave
ChicagoIL60605
close
View Me
$2,360Studio Apartments Available Jun 15
1407 S Michigan Ave, Unit SI FL12-ID856
1407 S Michigan AveChicago, IL 60605
883 S Clark St
ChicagoIL60605
close
View Me
$2,3801 Bedroom Apartments Available May 9
30 E Roosevelt Rd, Unit PL FL7-ID805
30 E Roosevelt RdChicago, IL 60605
1305 S Michigan Ave
ChicagoIL60605
1111 S Wabash Ave, Unit 1605, Unit 1605
1111 S Wabash Ave
ChicagoIL60605
1400 S Michigan Ave
ChicagoIL60605
1400 S Michigan Ave, Unit 2603, Unit 2603
1400 S Michigan Ave
ChicagoIL60605
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!
2303 S Michigan Ave
ChicagoIL60616
Showing Results 1-46, 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 | $3,268 | $1,400 | $4,950 |
| Near South Side 3 Bedroom Homes for Rent | $4,558 | $3,595 | $7,300 |
| Near South Side 4 Bedroom Homes for Rent | $8,083 | $4,000 | $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 46 rentals with your search options within a 1 mile radius of the Near South Side Neighborhood of Chicago, IL.
Explore Chicago
Near South Side, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $1,175. Prairie CoLiving has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. 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 | $1,175 |
| Prairie CoLiving | Private bedroom with en-suite bathroom | 1BR,1BA | $1,350 |
| 21st Street Lofts by 3L Living | Studio - A | Studio,1BA | $1,399 |
| 820 Michigan by 3L Living | Studio East | Studio,1BA | $1,719 |
| 30 East Roosevelt | ER_1x1 | 1BR,1BA | $1,750 |
| Eden Commons | Two Bedroom | 2BR,1BA | $1,768 |
| 2101 Michigan | Studio | Studio,1BA | $1,815 |
| ELEVEN THIRTY | Tier 6/12 (Studio) | Studio,1BA | $1,958 |
| 1407 on Michigan | S7 | Studio,1BA | $1,980 |
Best Value Apartments for Rent in Near South Side, IL
As of April 28, 2026 the best value apartment in the Near South Side area is the $2.23 price per square foot 3 BED 2 BATH Model at Carriage House Lofts in the in the Near South Side neighborhood starting from $3,316. The second greatest value Near South Side apartment is the asp2b14 Model at Aspire starting at $3,315 with a $3.22 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 | $2.23 |
| Aspire | asp2b14 | 2BR,2BA | $3.22 |
| Arrive South Loop | Taylor Loft | 2BR,2BA | $3.16 |
| Student | The Flats East West | 3x2 | 3BR,2BA | $1.23 |
| The Shelby | A2 | 1BR,1BA | $2.91 |
| 260 W 24th Pl, Unit BR | 260 W 24th Pl | 2BR,1BA | $1.61 |
| Eden Commons | Two Bedroom | 2BR,1BA | $2.26 |
| River City Apartments | 1 BR Deluxe | 1BR,1BA | $3.44 |
| 30 East Roosevelt | ER_1x1 | 1BR,1BA | $3.03 |
| Prairie Shores | Renovated Studio | Studio ,1BA | $3.40 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleCash 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.
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.
Let everyone know!
Do you know the Near South Side area?
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.
Write a Review
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 216 Apartments for Rent in Near South Side, IL with pricing that ranges from $1,175 to $30,698. There are also 153 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near South Side ranging from $1,400 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 $1,400 to $12,000 with an average monthly rent of $4,058.
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 $1,798 to $30,698, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,595 to $7,300. Four Bedroom Single-Family rentals are also available starting from $4,000 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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.