Cheap Apartments for Rent in the Park Manor Neighborhood of Chicago, IL from $500 (5 Rentals)

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6957 S Michigan Ave
Studio to 1 Bedroom Apartments

6957 S Michigan Ave

6957 S Michigan AveChicago, IL 60637
  • Utilities Included

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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.

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6820 S Michigan Ave
Studio to 1 Bedroom Apartments

6820 S Michigan Ave

6820 S Michigan AveChicago, IL 60637
  • Utilities Included

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Cheapest Available Park Manor Apartments for Rent

 

The cheapest available apartment rental in the Park Manor area of Chicago, IL is a Studio unit found at 6246 S. King Dr. priced from $675. 211-17 E 71st Chicago, IL 60619 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $955. Here are the most affordable Park Manor apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
6246 S. King Dr.EfficienciesStudio,1BA$675
211-17 E 71st Chicago, IL 606191 Bedroom 1 Bath Apartment1BR,1BA$955
7055 S St Lawrence Ave Chicago, IL 606372 Bedroom 1 Bath Apartment2BR,1BA$965

Best Value Apartments for Rent in Park Manor, IL

As of January 20, 2026 the best value apartment in the Park Manor area is the $1.07 price per square foot 6326 S Saint Lawrence Ave Model at 6326 S Saint Lawrence Ave, Unit 6326 in the in the Washington Park neighborhood starting from $1,500. The second greatest value Park Manor apartment is the 6669 S Michigan Ave Model at 6669 S Michigan Ave, Unit 2 starting at $1,500 with a $1.15 price per square foot in the Greater Grand Crossing neighborhood. Here is today’s list of the best values for Park Manor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
6326 S Saint Lawrence Ave, Unit 63266326 S Saint Lawrence Ave2BR,1BA$1.07
6669 S Michigan Ave, Unit 26669 S Michigan Ave4BR,2BA$1.15
6940 S King Dr, Unit 2S6940 S King Dr4BR,1BA$1.29
6346 S Saint Lawrence Ave, Unit #16346 S Saint Lawrence Ave3BR,1BA$1.50
6422 S Rhodes Ave, Unit 26422 S Rhodes Ave4BR,1BA$1.45
358 E 70th St, Unit 1W358 E 70th St2BR,1BA$1.30
Southland Village2 Beds, 1 bath2BR,1BA$1.43
7055 S St Lawrence Ave Chicago, IL 606372 Bedroom 1 Bath Apartment2BR,1BA$1.34
212 E 69th Place Chicago, IL 606372 Bedroom 1 Bath Apartment2BR,1BA$1.41
6610 S Rhodes Ave, Unit G6610 S Rhodes Ave2BR,1BA$1.43

Frequently Asked Questions about Cheap Park Manor Apartments

What is a cheap apartment in Park Manor?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Park Manor is under $1,200.

What types of apartments are the cheapest in Park Manor?

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 2 regular apartments in Park Manor 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 Park Manor?

Cheap apartments in Park Manor have an average cost of $107 which is $1,693 cheaper than the average rent for all rentals in Park Manor.

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.

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