Cheap Apartments for Rent in the South Chicago Neighborhood of Chicago, IL from $500 (12 Rentals)

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

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11000 S Michigan Ave
Studio to 2 Bedroom Apartments

11000 S Michigan Ave

11000 S Michigan AveChicago, IL 60628
  • Utilities Included

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.

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1643-1653 E 85th Pl
1 Bedroom Apartments

1643-1653 E 85th Pl

1643-1653 E 85th PlChicago, IL 60617
  • Utilities Included
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12157 S Michigan Ave
1 Bedroom Apartments

12157 S Michigan Ave

12157 S Michigan AveChicago, IL 60628
Corporate Housing
  • Utilities Included
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9218 S. Bishop
1 Bedroom Apartments

9218 S. Bishop

9218 S Bishop StChicago, IL 60620
  • Utilities Included
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10901 S Vernon
1 to 2 Bedroom Apartments

10901 S Vernon

10901-10911 S Vernon AveChicago, IL 60628
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Baric Commons
1 to 2 Bedroom Apartments

Baric Commons

232 E 121st PlzChicago, IL 60628

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.

South Chicago, Chicago, IL Local Guide

Cheapest Available South Chicago Apartments for Rent

 

The cheapest available apartment rental in the South Chicago area of Chicago, IL is a 1 Bed unit found at 11250-56 S Indiana Ave priced from $965. 11214-18 S Indiana has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable South Chicago apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
11250-56 S Indiana Ave1 Bedroom 1 Bath Apartment1BR,1BA$965
11214-18 S Indiana0BR/1.0BAStudio,1BA$1,050
Lakes Apartments2 Bedroom Apartment2BR,1BA$1,200
13905-37 S Clark St1 Bedroom 1 Bath Apartment1BR,1BA$1,210
9400 S Laflin St2 Bedroom 1 Bath Apartment2BR,1BA$1,260

Best Value Apartments for Rent in South Chicago, IL

As of September 01, 2025 the best value apartment in the South Chicago area is the $1.07 price per square foot 8915 S Exchange Ave Model at 8915 S Exchange Ave, Unit 3 in the in the South Chicago neighborhood starting from $1,500. The second greatest value South Chicago apartment is the 9219 S Greenwood Ave Model at 9219 S Greenwood Ave, Unit 2 starting at $1,800 with a $1.29 price per square foot in the South Chicago neighborhood. Here is today’s list of the best values for South Chicago apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8915 S Exchange Ave, Unit 38915 S Exchange Ave4BR,1BA$1.07
9219 S Greenwood Ave, Unit 29219 S Greenwood Ave4BR,1.5BA$1.29
12537 S Marshfield Ave, Unit 1st Floor12537 S Marshfield Ave3BR,1BA$1.01
Harbor Point EstatesDouble & Single Used3BR,2BA$1.12
2346 122nd St, Unit One Rear2346 122nd St1BR,1BA$0.91
9011 S Brandon Ave, Unit 39011 S Brandon Ave3BR,1BA$1.30
1745 W 89th St, Unit 1745#2n1745 W 89th St1BR,1BA$1.30
9524 S Commercial Ave, Unit 2nd floor front9524 S Commercial Ave3BR,1BA$1.33
915 W 95th St, Unit 2e915 W 95th St2BR,1BA$1.33
13449 S Baltimore Ave, Unit 1st Floor13449 S Baltimore Ave1BR,1BA$1.13

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Pet Friendly Lifestyle
South Chicago, Chicago, IL

Ranked #160

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 South Chicago Apartments

How much is rent for a Cheap One Bedroom South Chicago Apartment?

The lowest price for a Cheap One Bedroom South Chicago Apartment is $965 at 11250-56 S Indiana Ave.

What is the lowest price for a Cheap Two Bedroom South Chicago Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Chicago is starting from $1,200 at Lakes Apartments.

What is the most affordable South Chicago Three Bedroom Apartment?

The best deal on a cheap South Chicago Three Bedroom Apartment rental is at Harbor Point Estates and starts from $1,450.

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.

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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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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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.