
Cheap Homes for Rent in Portage Park Neighborhood of Chicago, IL from $1,300 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Portage Park area of Chicago.


4828 W Addison St

5427 W Montrose Ave

3906 N Central Ave

5135 W Roscoe St

6300 W Irving Park Rd
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.

4860 W Warner Ave

5401 W Dakin St, Unit 2W

3907 N Central Ave

4204 N Melvina Ave, Unit 2

5128 W Henderson 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.
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 | $1,815 | $1,400 | $2,450 |
| Portage Park 3 Bedroom Homes for Rent | $2,191 | $1,900 | $2,500 |
| Portage Park 4 Bedroom Homes for Rent | $3,190 | $3,190 | $3,190 |
Browse Homes for Rent in this Neighborhood
There are currently 14 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
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Portage Park Theater Apartments | 1/1.0 | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Portage Park, IL
As of January 01, 2026 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 |
| 5820 W Berteau Ave, Unit 2 | 5820 W Berteau Ave | 3BR,1BA | $1.63 |
| 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 |
| 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 Portage Park
What type of rentals are currently available in Portage Park?
There are currently 162 Apartments for Rent in Portage Park, IL with pricing that ranges from $1,300 to $3,300. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portage Park ranging from $1,300 to $3,190.
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 $1,300 to $3,190 with an average monthly rent of $2,015.
How much are larger Three and Four Bedroom Rentals in Portage Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Portage Park range from $1,950 to $2,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $2,500. Four Bedroom Single-Family rentals are also available starting from $3,190 and Four Bedroom Apartments start at $3,000.
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
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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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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!


