Cheap Apartments for Rent in the Roscoe Village Neighborhood of Chicago, IL from $1,500 (41 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 2806 N Oakley Ave

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

1 Bedroom, 1 Bath Condo for Rent

Available Jun 1

2806 N Oakley Ave, Unit 401, Unit 401

2806 N Oakley Ave
ChicagoIL60618

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.

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.

property at 3455 N Wolcott Ave

$2,295

Total Monthly Price

Total Monthly Price

Base Rent
$2,295

Total Monthly Price
$2,295

1 Bedroom, 1 Bath Condo for Rent

Available Jun 1

3455 N Wolcott Ave, Unit 02a, Unit 02a

3455 N Wolcott Ave
ChicagoIL60657
property at 2222 W Diversey Ave

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

2 Bedroom, 1 Bath Condo for Rent

Available Jun 1

2222 W Diversey Ave, Unit 306, Unit 306

2222 W Diversey Ave
ChicagoIL60647

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

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2637 W George St
2 Bedroom Apartments

2637 W George St

2637 W George StChicago, IL 60618
  • Utilities Included
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1940 W Diversey
2 Bedroom Apartments

1940 W Diversey

1940 W DiverseyChicago, IL 60614

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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3140 Clybourn
1 to 3 Bedroom Apartments

3140 Clybourn

3140 N Clybourn AveChicago, IL 60618

Roscoe Village, Chicago, IL Local Guide

Cheapest Available Roscoe Village Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
LathropSTUDIOStudio,1BA$1,500
North Wolcott Ave3315 #21BR,1BA$1,795

Best Value Apartments for Rent in Roscoe Village, IL

As of April 27, 2026 the best value apartment in the Roscoe Village area is the $2.05 price per square foot 1844 W Henderson St Model at 1844 W Henderson St, Unit ONE in the in the Roscoe Village neighborhood starting from $4,095. The second greatest value Roscoe Village apartment is the 3023 N Oakley Ave Model at 3023 N Oakley Ave, Unit 2A starting at $3,600 with a $1.80 price per square foot in the Avondale neighborhood. Here is today’s list of the best values for Roscoe Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1844 W Henderson St, Unit ONE1844 W Henderson St3BR,2BA$2.05
3023 N Oakley Ave, Unit 2A3023 N Oakley Ave4BR,2BA$1.80
3238 N Hoyne Ave, Unit #23238 N Hoyne Ave3BR,2BA$2.45
1946 W Nelson St, Unit 1W1946 W Nelson St3BR,2BA$2.61
1952 W Nelson St, Unit 1W1952 W Nelson St3BR,2BA$2.61
2939 N Fairfield Ave, Unit 1A2939 N Fairfield Ave1BR,1BA$1.59
2825 N Rockwell St, Unit Unit G2825 N Rockwell St2BR,2BA$2.60
2043 W Wellington Ave, Unit #G2043 W Wellington Ave2BR,1BA$2.11
2509 W Diversey Ave2509 W Diversey Ave2BR,1BA$2.28
North Wolcott Ave3315 #21BR,1BA$2.11

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Roscoe Village, Chicago, IL

Ranked #54

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Roscoe Village Apartments

What is the price of a cheap apartment in Roscoe Village?

The cheapest apartment in Roscoe Village is Lathrop which is listed at $1,750, while the average apartment in Roscoe Village costs $3,700.

What types of apartments are the cheapest in Roscoe Village?

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 5 regular apartments in Roscoe Village 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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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.

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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

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.

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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.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Written by: Nicole Harms

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

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.