
Cheap Apartments for Rent in the Portage Park Neighborhood of Chicago, IL from $1,000 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Portage Park area of Chicago.


6222 W Addison St

4917 W Berteau Ave

5725 W Addison St
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.

4826 W Addison St
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.

Portage Park Theater Apartments
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 | $1,250 | $1,250 | $1,250 |
Portage Park 1 Bedroom Apartments | $2,096 | $1,325 | $2,925 |
Portage Park 2 Bedroom Apartments | $1,660 | $1,200 | $2,400 |
Portage Park 3 Bedroom Apartments | $2,134 | $1,800 | $2,595 |
Browse Apartments in this Neighborhood
There are currently 9 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 $1,330. 4425-31 N. Milwaukee & 5055-65 W. Agatite has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,450. 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 | $1,330 |
4425-31 N. Milwaukee & 5055-65 W. Agatite | 1BR/1.0BA | 1BR,1BA | $1,450 |
6 Corners Lofts | 1BR/1.0BA | 1BR,1BA | $2,300 |
Best Value Apartments for Rent in Portage Park, IL
As of September 21, 2025 the best value apartment in the Portage Park area is the $2.00 price per square foot 4816 W Henderson St Model at 4816 W Henderson St, Unit 2 in the in the Cragin neighborhood starting from $2,595. The second greatest value Portage Park apartment is the 5043 W Cornelia Ave Model at 5043 W Cornelia Ave, Unit 2 starting at $2,100 with a $1.68 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. |
---|---|---|---|
4816 W Henderson St, Unit 2 | 4816 W Henderson St | 3BR,2BA | $2.00 |
5043 W Cornelia Ave, Unit 2 | 5043 W Cornelia Ave | 3BR,1.5BA | $1.68 |
5154 W EDDY ST, Unit Garden Unit | 5154 W EDDY ST | 2BR,1BA | $1.45 |
5947 W Montrose Ave, Unit A01C | 5947 W Montrose Ave | 2BR,1BA | $2.40 |
6 Corners Lofts | 1BR/1.0BA | 1BR,1BA | $2.45 |
4123 N Narragansett Ave, Unit 3rd floor | 4123 N Narragansett Ave | 2BR,1BA | $1.33 |
4039 N Long Ave, Unit G | 4039 N Long Ave | 2BR,1BA | $2.06 |
5101 W Newport Ave, Unit GDN | 5101 W Newport Ave | 2BR,1BA | $1.87 |
Portage Park Theater Apartments | 1/1.0 | 1BR,1BA | $2.98 |
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 $1,330, while the average apartment in Portage Park costs $2,325.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.