
Cheap Apartments for Rent in the Portage Park Neighborhood of Chicago, IL from $1,000 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Portage Park area of Chicago.


5423 W Montrose Ave

4411 N La Crosse Ave, Unit 3
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Portage Park Theater Apartments

6222 W Addison St

4032 N Milwaukee Ave

4901 W Cullom Ave

4046 N Milwaukee 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.
Portage Park, Chicago, IL Local Guide

How much does it cost to rent an apartment in Portage Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Portage Park Studio Apartments | $1,360 | $1,150 | $1,900 |
Portage Park 1 Bedroom Apartments | $1,793 | $1,342 | $2,900 |
Portage Park 2 Bedroom Apartments | $1,870 | $1,500 | $2,550 |
Portage Park 3 Bedroom Apartments | $2,273 | $2,000 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Portage Park Neighborhood of Chicago, IL.
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Cheapest Available Portage Park Apartments for Rent
 The cheapest available apartment rental in the Portage Park area of Chicago, IL is a 1 Bed unit found at Portage Park Theater Apartments priced from $1,342. 4425-31 N. Milwaukee & 5055-65 W. Agatite has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,650. Here are the most affordable Portage Park apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Portage Park Theater Apartments | 1/1.0 | 1BR,1BA | $1,342 |
4425-31 N. Milwaukee & 5055-65 W. Agatite | 1BR/1.0BA | 1BR,1BA | $1,650 |
6 Corners Lofts | 0BR/1.0BA | Studio,1BA | $1,900 |
Best Value Apartments for Rent in Portage Park, IL
As of July 22, 2025 the best value apartment in the Portage Park area is the $1.35 price per square foot 5138 W Montrose Ave Model at 5138 W Montrose Ave, Unit 2 in the in the Jefferson Park neighborhood starting from $1,895. The second greatest value Portage Park apartment is the 4848 W Warner Ave Model at 4848 W Warner Ave, Unit 1 st Floor starting at $2,300 with a $1.92 price per square foot in the Portage Park neighborhood. Here is today’s list of the best values for Portage Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
5138 W Montrose Ave, Unit 2 | 5138 W Montrose Ave | 2BR,1BA | $1.35 |
4848 W Warner Ave, Unit 1 st Floor | 4848 W Warner Ave | 3BR,1BA | $1.92 |
4125 N Narragansett Ave, Unit K09J | 4125 N Narragansett Ave | 2BR,2BA | $2.15 |
5304 W Cornelia Ave, Unit 2 | 5304 W Cornelia Ave | 2BR,1BA | $2.19 |
5947 W Montrose Ave, Unit G01C | 5947 W Montrose Ave | 2BR,1BA | $2.45 |
4430 N Marmora Ave, Unit 2 | 4430 N Marmora Ave | 2BR,1BA | $1.60 |
6 Corners Lofts | 1BR/1.0BA | 1BR,1BA | $2.66 |
5141 W Roscoe St, Unit 1R | 5141 W Roscoe St | 2BR,1BA | $1.88 |
4039 N LONG Ave, Unit G | 4039 N LONG Ave | 2BR,1BA | $2.38 |
Portage Park Theater Apartments | 1/1.0 | 1BR,1BA | $3.01 |
Getting Around the Portage Park Neighborhood in Chicago, IL
Walk Score®
83 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
64 / 100
Bikeable
Some bike infrastructure
Transit Score®
58 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Portage Park Apartments
What is the price of a cheap apartment in Portage Park?
The cheapest apartment in Portage Park is Portage Park Theater Apartments which is listed at $1,342, while the average apartment in Portage Park costs $2,247.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.