
Cheap 4 Bedroom Apartments for Rent in the South Lakefront Neighborhood of Chicago, IL from $1,300 (13 Rentals)


Total Monthly Price
6422 S Rhodes Ave, Unit 2

6422 S Rhodes Ave

7636 S Drexel Ave, Unit 2

Coleman Place At Legends South

Yale Garden Project
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.

St. Edmund's Meadows

Jackson Park Terrace

5035 S King Dr

5751-59 S. Michigan

7241 S Phillips

7316 S Jeffery Blvd
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Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

4956 S Michigan
South Lakefront, Chicago, IL Local Guide

How much does it cost to rent an apartment in South Lakefront?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Lakefront Studio Apartments | $1,261 | $600 | $2,920 |
| South Lakefront 1 Bedroom Apartments | $1,625 | $700 | $3,490 |
| South Lakefront 2 Bedroom Apartments | $2,116 | $850 | $4,500 |
| South Lakefront 3 Bedroom Apartments | $2,170 | $1,125 | $4,308 |
South Lakefront 4 Bedroom Apartments | $2,793 | $1,300 | $5,173 |
| South Lakefront 5 Bedroom Apartments | $3,533 | $3,300 | $4,000 |
Explore Chicago
South Lakefront, Chicago, IL Local Guide
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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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Read ArticleA 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
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleSouth Lakefront, Chicago, IL
Ranked #31
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in South Lakefront, Chicago, IL
Carnegie Elementary School
Hyde Park Academy High School
Wadsworth PreK-8th STEM School
School data provided by Great Schools
Frequently Asked Questions about Cheap South Lakefront Apartments
What is a cheap apartment in South Lakefront?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Lakefront is under $820.
What is the price of a cheap apartment in South Lakefront?
The cheapest apartment in South Lakefront is 8001 S Ellis which is listed at $870, while the average apartment in South Lakefront costs $3,300.
What types of apartments are the cheapest in South Lakefront?
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 209 regular apartments in South Lakefront 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 Lakefront?
Cheap apartments in South Lakefront have an average cost of $292 which is $3,008 cheaper than the average rent for all rentals in South Lakefront.
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.
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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
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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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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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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.