Cheap Apartments for Rent in the South Shore Neighborhood of Chicago, IL from $500 (114 Rentals)

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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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South Beach Apartments
Studio to 1 Bedroom Apartments

South Beach Apartments

7825-27 South Shore DrChicago, IL 60649
  • Utilities Included

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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7520 S. Coles Avenue
1 to 2 Bedroom Apartments

7520 S. Coles Avenue

7516-7524 S Coles AveChicago, IL 60649
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6739 S Jeffery Blvd
Studio to 1 Bedroom Apartments

6739 S Jeffery Blvd

6739 S Jeffery BlvdChicago, IL 60649
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7241-7255 S Constance Ave
Studio to 2 Bedroom Apartments

7241-7255 S Constance Ave

7241-7255 S Constance AveChicago, IL 60649
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6838 S Jeffery Blvd
Studio to 2 Bedroom Apartments

6838 S Jeffery Blvd

6838 S Jeffery BlvdChicago, IL 60649
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7808 Southshore
Studio to 2 Bedroom Apartments

7808 Southshore

7808 S South Shore DrChicago, IL 60649
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6945 S Crandon Ave
Studio to 2 Bedroom Apartments

6945 S Crandon Ave

6945 S Crandon AveChicago, IL 60649
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Oglesby Arms
Studio to 1 Bedroom Apartments

Oglesby Arms

6826 S Oglesby AveChicago, IL 60649
  • Utilities Included

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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The Doral
Studio to 1 Bedroom Apartments

The Doral

7616 S South Shore DrChicago, IL 60649
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Devonshire Apartments
Studio to 1 Bedroom Apartments

Devonshire Apartments

7260 S South Shore DrChicago, IL 60649
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Shore View Apartments
Studio to 2 Bedroom Apartments

Shore View Apartments

7636 S South Shore DrChicago, IL 60649
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7517 S. Coles
Studio to 1 Bedroom Apartments

7517 S. Coles

7515-7525 S Coles AveChicago, IL 60649
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2207 E 75th St
Studio to 1 Bedroom Apartments

2207 E 75th St

2207 E 75th StChicago, IL 60649
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6700 S Merrill Ave
1 to 3 Bedroom Apartments

6700 S Merrill Ave

6700 S Merrill AveChicago, IL 60649
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7845 S Colfax
1 to 2 Bedroom Apartments

7845 S Colfax

7845 S Colfax AveChicago, IL 60649
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7900 S Essex
1 to 2 Bedroom Apartments

7900 S Essex

7900-7910 S Essex AveChicago, IL 60617
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73rd St
Studio to 2 Bedroom Apartments

73rd St

7345 S South Shore DrChicago, IL 60649
  • Utilities Included

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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3030 E. 79th Street
1 Bedroom Apartments

3030 E. 79th Street

3026-3030 E 79th StChicago, IL 60649
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South Shore Drive
Studio to 1 Bedroom Apartments

South Shore Drive

7200 S Shore DrChicago, IL 60649
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7674 S Shore Drive
Studio to 2 Bedroom Apartments

7674 S Shore Drive

7674 South Shore DrChicago, IL 60649
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7400-7410 S Chappel Ave
Studio to 2 Bedroom Apartments

7400-7410 S Chappel Ave

7400-7410 S Chappel AveChicago, IL 60649
  • Utilities Included

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.

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. The Townhouse Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $850. 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
The Townhouse ApartmentsStudio, 1 bathStudio,1BA$850
7110-18 S Ridgeland Ave Chicago, IL 606491 Bedroom 1 Bath Apartment with Dining1BR,1BA$885
1931 E 71st St 1931-45 E 71st Chicago, IL 606491 Bedroom 1 Bath Apartment1BR,1BA$925
7801-11 S Kingston 2541-45 E 78th Chicago, IL 606492 Bedroom 1 Bath Apartment2BR,1BA$940
Oglesby Towers ApartmentsStudio Floor Plan S1Studio,1BA$956
7220StudioStudio,1BA$995
7131-45 S Yates Blvd Chicago, IL 606492 Bedroom 1 Bath Apartment2BR,1BA$1,005
7801-11 S Yates Blvd Chicago, IL 606492 Bedroom 1 Bath Apartment2BR,1BA$1,035
2358 E 70th PlMedium1BR,1BA$1,050

Best Value Apartments for Rent in South Shore, IL

As of January 06, 2026 the best value apartment in the South Shore area is the $0.86 price per square foot 6937 S Merrill Ave Model at 6937 S Merrill Ave, Unit Floor 1 in the in the South Shore neighborhood starting from $2,400. The second greatest value South Shore apartment is the 2 Bedroom - 2 Bath Model at 6900 S South Shore Drive starting at $1,600 with a $1.19 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.
6937 S Merrill Ave, Unit Floor 16937 S Merrill Ave3BR,2BA$0.86
6900 S South Shore Drive2 Bedroom - 2 Bath2BR,2BA$1.19
2812 E 76th St, Unit #32812 E 76th St3BR,2BA$1.15
7923 S Clyde Ave, Unit Clyde SS 27923 S Clyde Ave2BR,1BA$1.19
2209 E 70th St, Unit 22209 E 70th St2BR,1BA$1.17
7653 S Kingston Ave1x11BR,1BA$1.28
7316 S Jeffery Blvd Chicago, IL 606493 Bedroom 1 Bath Apartment3BR,1BA$1.06
7711 S Chappel Ave, Unit Apartment 17711 S Chappel Ave2BR,1BA$1.27
South Shore Beach Apartments1 Bedroom1BR,1BA$1.28
7131-45 S Yates Blvd Chicago, IL 606492 Bedroom 1 Bath Apartment2BR,1BA$1.16

Frequently Asked Questions about Cheap South Shore Apartments

What is a cheap apartment in South Shore?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Shore is under $1,050.

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

The cheapest apartment in South Shore is 7110-18 S Ridgeland Ave Chicago, IL 60649 which is listed at $885, while the average apartment in South Shore costs $2,249.

What types of apartments are the cheapest in South Shore?

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 5 regular apartments in South Shore 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 Shore?

Cheap apartments in South Shore have an average cost of $129 which is $2,120 cheaper than the average rent for all rentals in South Shore.

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

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 How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!