Cheap Apartments for Rent in the Portage Park Neighborhood of Chicago, IL from $1,000 (13 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Portage Park area of Chicago.

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4046 N Laporte Ave
1 Bedroom Apartments

4046 N Laporte Ave

4046 N Laporte AveChicago, IL 60641
  • Utilities Included

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 ListingModel NameBed/BathPriced From
Portage Park Theater Apartments1/1.01BR,1BA$1,342
4425-31 N. Milwaukee & 5055-65 W. Agatite1BR/1.0BA1BR,1BA$1,650
6 Corners Lofts0BR/1.0BAStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
5138 W Montrose Ave, Unit 25138 W Montrose Ave2BR,1BA$1.35
4848 W Warner Ave, Unit 1 st Floor4848 W Warner Ave3BR,1BA$1.92
4125 N Narragansett Ave, Unit K09J4125 N Narragansett Ave2BR,2BA$2.15
5304 W Cornelia Ave, Unit 25304 W Cornelia Ave2BR,1BA$2.19
5947 W Montrose Ave, Unit G01C5947 W Montrose Ave2BR,1BA$2.45
4430 N Marmora Ave, Unit 24430 N Marmora Ave2BR,1BA$1.60
6 Corners Lofts1BR/1.0BA1BR,1BA$2.66
5141 W Roscoe St, Unit 1R5141 W Roscoe St2BR,1BA$1.88
4039 N LONG Ave, Unit G4039 N LONG Ave2BR,1BA$2.38
Portage Park Theater Apartments1/1.01BR,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

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.

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