Cheap Apartments for Rent in the South Chicago Neighborhood of Chicago, IL from $500 (171 Rentals)

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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

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property at 3711 E 98th St

$1,390 - $1,690

2 To 3 Bedroom Rentals

Available Now

3711 E 98th St

ChicagoIL60617

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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11000 S Michigan Ave
Studio to 2 Bedroom Apartments

11000 S Michigan Ave

11000 S Michigan AveChicago, IL 60628
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 2 Beds unit found at 8702 S Escanaba Ave priced from $850. 8640 S Ingleside has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here are the most affordable South Chicago apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
8702 S Escanaba Ave2Front2BR,1BA$850
8640 S Ingleside1 Bedroom 1 Bath Apartment1BR,1BA$880
12013 S Eggleston Avenue1 Bedroom |1 Bath1BR,1BA$950
11111 S Vernon1 Bedroom 1 Bath Apartment1BR,1BA$960
8901 S Cottage Grove Ave1 Bedroom 1 Bath Apartment1BR,1BA$965
11214-18 S Indiana0BR/1.0BAStudio,1BA$975
9118-9124 South Dauphin Avenue9118-9124 South Dauphin Avenue - 9124-...1BR,1BA$1,075
Meadow View Apartments2 Bedroom small2BR,1BA$1,123

Best Value Apartments for Rent in South Chicago, IL

As of August 07, 2026 the best value apartment in the South Chicago area is the $1.12 price per square foot Double & Single Used Model at Harbor Point Estates in the in the South Chicago neighborhood starting from $1,450. The second greatest value South Chicago apartment is the 13421 S Avenue O Model at 13421 S Avenue O starting at $1,600 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.
Harbor Point EstatesDouble & Single Used3BR,2BA$1.12
13421 S Avenue O13421 S Avenue O2BR,1BA$1.23
9006 S Escanaba Ave2 Beds, 1 Baths2BR,1BA$1.02
2900 E 91st3 Bedroom 1 Bath Apartment3BR,1BA$1.42
Lakes2 Bedroom 1 Bath Apartment2BR,1BA$1.44
10901 S Vernon2 Bedroom 1 Bath Apartment2BR,1BA$1.55
303 W 104th St, Unit 2303 W 104th St2BR,1BA$1.46
8702 S Escanaba Ave2Front2BR,1BA$1.21
8855 S Cottage Grove Ave2 Bedroom 1 Bath Apartment2BR,1BA$1.73
11111 S Vernon1 Bedroom 1 Bath Apartment1BR,1BA$1.54

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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
South Chicago, Chicago, IL

Ranked #63

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
South Chicago, Chicago, IL

School data provided by Great Schools

Frequently Asked Questions about Cheap South Chicago Apartments

What is the price of a cheap apartment in South Chicago?

The cheapest apartment in South Chicago is 8640 S Ingleside which is listed at $880, while the average apartment in South Chicago costs $1,387.

What types of apartments are the cheapest in South Chicago?

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 2 regular apartments in South Chicago that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in South Chicago?

Cheap apartments in South Chicago have an average cost of $251 which is $1,136 cheaper than the average rent for all rentals in South Chicago.

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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The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Written by: Nicole Harms

When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

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Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Written by: Nicole Harms

I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

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

Written by: Nicole Harms

Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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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.

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Rent According to Income: A Look at Income-Restricted Rentals

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.