
Cheap Apartments for Rent in the Portage Park Neighborhood of Chicago, IL from $1,000 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Portage Park area of Chicago.


5410 W Berteau Ave

5154 W EDDY ST, Unit Garden Unit
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4860 W Warner Ave

5128 W Henderson St, Unit 2

3946 N Cicero Ave

5134 W Henderson St
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Portage Park Theater Apartments

4425-31 N. Milwaukee & 5055-65 W. Agatite
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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 | $2,162 | $2,125 | $2,200 |
| Portage Park 1 Bedroom Apartments | $2,384 | $1,300 | $2,925 |
| Portage Park 2 Bedroom Apartments | $2,118 | $1,395 | $3,300 |
| Portage Park 3 Bedroom Apartments | $2,416 | $1,950 | $2,995 |
| Portage Park 4 Bedroom Apartments | $3,000 | $3,000 | $3,000 |
Browse Apartments in this Neighborhood
There are currently 15 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
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Portage Park Theater Apartments | 1/1.0 | 1BR,1BA | $1,400 |
| 6 Corners Lofts | 0BR/1.0BA | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4838 W Addison St, Unit 1 | 4838 W Addison St | 3BR,1BA | $1.40 |
| 4037 N Long Ave | 4037 N Long Ave | 2BR,1BA | $1.56 |
| 4831 W Roscoe St, Unit 2 | 4831 W Roscoe St | 3BR,1BA | $1.83 |
| 5412 W Berteau Ave, Unit #1 | 5412 W Berteau Ave | 3BR,1BA | $1.92 |
| 5820 W Berteau Ave, Unit 2 | 5820 W Berteau Ave | 3BR,1BA | $1.63 |
| 6313 W Montrose Ave, Unit 1st | 6313 W Montrose Ave | 3BR,1BA | $2.50 |
| 5501 W Dakin St, Unit First floor | 5501 W Dakin St | 2BR,1BA | $1.80 |
| 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 |
| 3846 N Lamon Ave, Unit 2 | 3846 N Lamon Ave | 2BR,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

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.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
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With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
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From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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





