
Cheap Homes for Rent in Portage Park Neighborhood of Chicago, IL from $1,400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Portage Park area of Chicago.


4830 W Addison St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

4860 W Warner Ave

5141 W Roscoe St
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 a home in Portage Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Portage Park 2 Bedroom Homes for Rent | $2,227 | $1,595 | $2,700 |
Portage Park 3 Bedroom Homes for Rent | $2,250 | $2,100 | $2,400 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Portage Park Neighborhood of Chicago, IL.
Explore Chicago
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 $1,700. 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 | $1,700 |
6 Corners Lofts | 1BR/1.0BA | 1BR,1BA | $2,300 |
Best Value Apartments for Rent in Portage Park, IL
As of July 30, 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 |
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 | $2.45 |
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 |
5138 W Montrose Ave, Unit 1 | 5138 W Montrose Ave | 2BR,1BA | $2.24 |
Portage Park Theater Apartments | 1/1.0 | 1BR,1BA | $3.01 |
Frequently Asked Questions about Portage Park
What type of rentals are currently available in Portage Park?
There are currently 170 Apartments for Rent in Portage Park, IL with pricing that ranges from $1,150 to $3,100. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portage Park ranging from $1,400 to $2,700.
What is the current price range for Rental Homes in Portage Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Portage Park ranges from $1,400 to $2,700 with an average monthly rent of $2,013.
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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.