Cheap Apartments for Rent in the Portage Park Neighborhood of Chicago, IL from $1,000 (15 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

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Cheapest Available Portage Park Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Portage Park Theater Apartments1/1.01BR,1BA$1,400
6 Corners Lofts0BR/1.0BAStudio,1BA$2,125

Best Value Apartments for Rent in Portage Park, IL

As of December 31, 2025 the best value apartment in the Portage Park area is the $1.40 price per square foot 4838 W Addison St Model at 4838 W Addison St, Unit 1 in the in the Portage Park neighborhood starting from $2,099. The second greatest value Portage Park apartment is the 4037 N Long Ave Model at 4037 N Long Ave starting at $1,950 with a $1.56 price per square foot in the Dunning 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.
4838 W Addison St, Unit 14838 W Addison St3BR,1BA$1.40
4037 N Long Ave4037 N Long Ave2BR,1BA$1.56
4831 W Roscoe St, Unit 24831 W Roscoe St3BR,1BA$1.83
5412 W Berteau Ave, Unit #15412 W Berteau Ave3BR,1BA$1.92
5820 W Berteau Ave, Unit 25820 W Berteau Ave3BR,1BA$1.63
6313 W Montrose Ave, Unit 1st6313 W Montrose Ave3BR,1BA$2.50
5501 W Dakin St, Unit First floor5501 W Dakin St2BR,1BA$1.80
5154 W EDDY ST, Unit Garden Unit5154 W EDDY ST2BR,1BA$1.45
5947 W Montrose Ave, Unit A01C5947 W Montrose Ave2BR,1BA$2.40
3846 N Lamon Ave, Unit 23846 N Lamon Ave2BR,1BA$2.11

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 $1,400, while the average apartment in Portage Park costs $3,000.

What types of apartments are the cheapest in Portage Park?

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 11 regular apartments in Portage Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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Articles, How-To's, and Tips

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