Cheap Apartments for Rent in the South Chicago Neighborhood of Chicago, IL from $500 (46 Rentals)

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

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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11000 S Michigan Ave
Studio to 2 Bedroom Apartments

11000 S Michigan Ave

11000 S Michigan AveChicago, IL 60628
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1643-1653 E 85th Pl
1 Bedroom Apartments

1643-1653 E 85th Pl

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

12157 S Michigan Ave

12157 S Michigan AveChicago, IL 60628
Student Housing
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9218 S. Bishop
1 Bedroom Apartments

9218 S. Bishop

9218 S Bishop StChicago, IL 60620
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10901 S Vernon
1 to 3 Bedroom Apartments

10901 S Vernon

10901-10911 S Vernon AveChicago, IL 60628
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9101-9109 S Beverly Ave
Studio to 2 Bedroom Apartments

9101-9109 S Beverly Ave

9101-9109 S Beverly AveChicago, IL 60620
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Baric Commons
1 to 3 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.

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9600 S Avenue L
1 to 2 Bedroom Apartments

9600 S Avenue L

9600 S Avenue LChicago, IL 60617

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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10206 S Walden Pky
1 to 3 Bedroom Apartments

10206 S Walden Pky

10206 S Walden PkyChicago, IL 60643
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3225 W 111th
1 Bedroom Apartments

3225 W 111th

3225 W 111thChicago, IL 60655
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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.

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Islander Apartments
2 Bedroom Apartments

Islander Apartments

1900 Broadway StBlue Island, IL 60406
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Montclair Manor
1 to 3 Bedroom Apartments

Montclair Manor

11625-57 S Pulaski RdAlsip, IL 60803
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Islander Apartments
2 Bedroom Apartments

Islander Apartments

1819-1837 Canal StBlue Island, IL 60406
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1121 W 127th Pl
2 Bedroom Apartments

1121 W 127th Pl

1121 W 127th PlCalumet Park, IL 60827
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10918 S Kilpatrick
1 to 2 Bedroom Apartments

10918 S Kilpatrick

10918 Kilpatrick AveOak Lawn, IL 60453
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Oak Lawn Apartments
Studio to 1 Bedroom Apartments

Oak Lawn Apartments

4343 W 95th StOak Lawn, IL 60453
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Showing Results 1-46, Page 1 of 1

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 8642 S Maryland Ave priced from $900. 8640 S Ingleside Ave Chicago, IL 60619 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $935. Here are the most affordable South Chicago apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
8642 S Maryland Ave1 Bed, 1 bath1BR,1BA$900
8640 S Ingleside Ave Chicago, IL 606191 Bedroom 1 Bath Apartment1BR,1BA$935
11111 S Vernon Chicago, IL 606281 Bedroom 1 Bath Apartment1BR,1BA$980
222 E 109th St Chicago, IL 606281 Bedroom 1 Bath Apartment with Dining1BR,1BA$1,070
Meadow View Apartments2 Bedroom small2BR,1BA$1,073
13905-37 S Clark St Riverdale, IL 608271 Bedroom 1 Bath Apartment1BR,1BA$1,210
13300 S Indiana Chicago, IL 608272 Bedroom 1 Bath Apartment2BR,1BA$1,215

Best Value Apartments for Rent in South Chicago, IL

As of January 22, 2026 the best value apartment in the South Chicago area is the $0.80 price per square foot 11921 S Lowe Ave Model at 11921 S Lowe Ave, Unit 2 in the in the South Chicago neighborhood starting from $1,750. The second greatest value South Chicago apartment is the 8711 S Kingston Ave Model at 8711 S Kingston Ave, Unit 1 starting at $2,400 with a $1.23 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.
11921 S Lowe Ave, Unit 211921 S Lowe Ave3BR,1BA$0.80
8711 S Kingston Ave, Unit 18711 S Kingston Ave4BR,2BA$1.23
1643 E 86th Pl, Unit Available units1643 E 86th Pl3BR,1BA$1.25
8615 S Colfax Ave, Unit 8615-18615 S Colfax Ave3BR,2BA$1.00
Harbor Point EstatesDouble & Single Used3BR,2BA$1.12
10422 S Avenue L, Unit Upper10422 S Avenue L2BR,1BA$1.23
9351 S University Ave, Unit Basement9351 S University Ave1BR,1BA$0.70
9011 S Brandon Ave, Unit 39011 S Brandon Ave3BR,1BA$1.25
9220 S Manistee Ave, Unit 19220 S Manistee Ave2BR,1BA$1.15
8642 S Maryland Ave1 Bed, 1 bath1BR,1BA$1.00

Frequently Asked Questions about Cheap South Chicago Apartments

What is the Cheapest Studio apartment in South Chicago?

Currently the most affordable Cheap Studio Apartment in South Chicago is at Midpointe listed at $1,176.

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

The lowest price for a Cheap One Bedroom South Chicago Apartment is $900 at 8642 S Maryland 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 $1,073 at Meadow View 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

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

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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

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.

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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.