Cheap Apartments for Rent in the South Shore Neighborhood of Chicago, IL from $500 (174 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
property at 7337 S South Shore Dr

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

Studio, 1 Bath Condo for Rent

Available Now

7337 S South Shore Dr, Unit 1421

7337 S South Shore Dr
ChicagoIL60649

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.

Read Article

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.

Read Article
close
View Me
7520 S. Coles Avenue
1 to 2 Bedroom Apartments

7520 S. Coles Avenue

7516-7524 S Coles AveChicago, IL 60649
  • Utilities Included
close
View Me
South Beach Apartments
Studio to 1 Bedroom Apartments

South Beach Apartments

7825-27 South Shore DrChicago, IL 60649
  • Utilities Included
close
View Me
7241-7255 S Constance Ave
Studio to 2 Bedroom Apartments

7241-7255 S Constance Ave

7241-7255 S Constance AveChicago, IL 60649
  • Utilities Included
close
View Me
6739 S Jeffery Blvd
Studio to 1 Bedroom Apartments

6739 S Jeffery Blvd

6739 S Jeffery BlvdChicago, IL 60649
  • Utilities Included
close
View Me
6945 S Crandon Ave
Studio to 2 Bedroom Apartments

6945 S Crandon Ave

6945 S Crandon AveChicago, IL 60649
  • Utilities Included
close
View Me
6838 S Jeffery Blvd
Studio to 2 Bedroom Apartments

6838 S Jeffery Blvd

6838 S Jeffery BlvdChicago, IL 60649
  • 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.

Read Article
Showing Results 1-50, Page 1 of 4

Cheapest Available South Shore Apartments for Rent

 

The cheapest available apartment rental in the South Shore area of Chicago, IL is a Studio unit found at Highlands Tudor Manor - 55+ Community priced from $700. 2235 E 71st has the second lowest priced unit, which is a Studio apartment currently listed from $780. Here are the most affordable South Shore apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Highlands Tudor Manor - 55+ CommunityStudioStudio,1BA$700
2235 E 71stStudio ApartmentStudio,1BA$780
7925 S PhillipsStudio ApartmentStudio,1BA$785
Jeffery Parkway ApartmentsStudioStudio,1BA$825
6751 S JefferyStudio ApartmentStudio,1BA$880
7320 S Phillips Ave1 Bed 1 Bath1BR,1BA$900
The Townhouse ApartmentsStudio, 1 bathStudio,1BA$900
7120 S East End1 Bedroom 1 Bath Apartment1BR,1BA$905
1931 E 71st1 Bedroom 1 Bath Apartment1BR,1BA$925
South Shore Beach ApartmentsStudioStudio,1BA$925

Best Value Apartments for Rent in South Shore, IL

As of July 07, 2026 the best value apartment in the South Shore area is the $1.16 price per square foot 3 Beds, 1 bath Model at 7234 S Jeffery Blvd in the in the South Shore neighborhood starting from $1,850. The second greatest value South Shore apartment is the 3 Bedroom 1 Bath Apartment Model at 7131 S Yates starting at $1,190 with a $1.35 price per square foot in the South Shore neighborhood. Here is today’s list of the best values for South Shore apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
7234 S Jeffery Blvd3 Beds, 1 bath3BR,1BA$1.16
7131 S Yates3 Bedroom 1 Bath Apartment3BR,1BA$1.35
7316 S Jeffery2 Bedroom 1 Bath Apartment2BR,1BA$1.17
7609 S Coles2 Bedroom 1 Bath Apartment2BR,1BA$1.21
7320 S Phillips Ave1 Bed 1 Bath1BR,1BA$1.06
7440 S Phillips2 Bedroom 1 Bath Apartment2BR,1BA$1.30
7800 S Jeffery1 Bedroom 1 Bath Apartment with Dining1BR,1BA$1.28
6938 S Cregier Ave.0BR/1.0BAStudio ,1BA$1.31
7801 S Yates2 Bedroom 1 Bath Apartment2BR,1BA$1.34
7317 S Chappel1 Bedroom 1 Bath Apartment with Dining1BR,1BA$1.39

Frequently Asked Questions about Cheap South Shore Apartments

What is the Cheapest Studio apartment in South Shore?

Currently the most affordable Cheap Studio Apartment in South Shore is at Highlands Tudor Manor - 55+ Community listed at $700.

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

The lowest price for a Cheap One Bedroom South Shore Apartment is $900 at Highlands Tudor Manor - 55+ Community.

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

Today's best deal for a Cheap Two Bedroom Apartment in South Shore is starting from $995 at 7316 S Jeffery.

What is the most affordable South Shore Three Bedroom Apartment?

The best deal on a cheap South Shore Three Bedroom Apartment rental is at 7131 S Yates and starts from $1,165.

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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

decorative image for Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago article

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.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

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.

decorative image for Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago article

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.

Articles, How-To's, and Tips

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

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.

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

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

Written by: Robin Stewart

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.