Cheap Apartments for Rent in the South Chicago Neighborhood of Chicago, IL from $500 (169 Rentals)

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

property at 1550 W 95th St

$825 - $950

Studio To 1 Bedroom Rentals

Available Now

1550 W 95th St

ChicagoIL60643

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.

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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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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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property at 1251 W 110th Pl

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

3 Bedroom, 1 Bath Home for Rent

Available Now

1251 W 110th Pl

ChicagoIL60643

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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property at 3711 E 98th St

$1,500 - $1,800

2 To 3 Bedroom Rentals

Available Now

3711 E 98th St

ChicagoIL60617
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8946 S Exchange Ave, Unit 1
$1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600
3 Bedroom Apartment Available Jul 1

8946 S Exchange Ave, Unit 1

8946 S Exchange AveChicago, IL 60617
Cost Per Sq.Ft.
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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 Studio unit found at 9001 S Commercial priced from $760. 12157 S Michigan Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable South Chicago apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
9001 S CommercialStudio ApartmentStudio,1BA$760
12157 S Michigan Ave1 Bedroom Studio1BR,1BA$850
8702 S Escanaba Ave2Front2BR,1BA$850
12013 S Eggleston Avenue1 Bedroom |1 Bath1BR,1BA$900
2838 E 91st1 Bedroom 1 Bath Apartment1BR,1BA$950
11111 S Vernon1 Bedroom 1 Bath Apartment1BR,1BA$960
11214-18 S Indiana0BR/1.0BAStudio,1BA$975
10201 S Saint Lawrence Ave1 Bedroom 1 Bath Apartment with Dining1BR,1BA$1,015
9000 S Bishop1 Bedroom 1 Bath Apartment1BR,1BA$1,055
222 E 109th1 Bedroom 1 Bath Apartment with Dining1BR,1BA$1,070

Best Value Apartments for Rent in South Chicago, IL

As of June 23, 2026 the best value apartment in the South Chicago area is the $0.88 price per square foot 9037 S Bishop St Model at 9037 S Bishop St in the in the Beverly neighborhood starting from $1,750. The second greatest value South Chicago apartment is the 8628 S Marshfield Ave Model at 8628 S Marshfield Ave, Unit Mr Williams starting at $1,900 with a $1.19 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.
9037 S Bishop St9037 S Bishop St2BR,1BA$0.88
8628 S Marshfield Ave, Unit Mr Williams8628 S Marshfield Ave3BR,1BA$1.19
Harbor Point EstatesDouble & Single Used3BR,2BA$1.12
9006 S Escanaba Ave2 Beds, 1 Baths2BR,1BA$1.02
10925 S Vernon Ave, Unit 210925 S Vernon Ave3BR,1BA$1.36
2900 E 91st2 Bedroom 1 Bath Apartment2BR,1BA$1.35
12157 S Michigan Ave1 Bedroom Studio1BR,1BA$1.00
8702 S Escanaba Ave2Front2BR,1BA$1.21
222 E 109th1 Bedroom 1 Bath Apartment with Dining1BR,1BA$1.54
2838 E 91st1 Bedroom 1 Bath Apartment1BR,1BA$1.46

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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Pet Friendly Lifestyle
South Chicago, Chicago, IL

Ranked #131

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

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

The lowest price for a Cheap One Bedroom South Chicago Apartment is $850 at 12157 S Michigan 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 $850 at 8702 S Escanaba Ave.

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.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.