Cheap Apartments for Rent in the South Shore Neighborhood of Chicago, IL from $500 (64 Rentals)

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

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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South Beach Apartments
Studio to 1 Bedroom Apartments

South Beach Apartments

7825-27 South Shore DrChicago, IL 60649
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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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The Doral
Studio to 1 Bedroom Apartments

The Doral

7616 S South Shore DrChicago, 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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6945 S Crandon Ave
Studio to 2 Bedroom Apartments

6945 S Crandon Ave

6945 S Crandon AveChicago, IL 60649
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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6838 S Jeffery Blvd
1 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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Oglesby Arms
1 Bedroom Apartments

Oglesby Arms

6826 S Oglesby AveChicago, IL 60649
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7941 S Marquette
Studio Apartments

7941 S Marquette

7941 S Marquette AveChicago, IL 60617
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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
1 Bedroom Apartments

7517 S. Coles

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

2207 E 75th St

2207 E 75th StChicago, IL 60649
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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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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 1 Bedroom Apartments

73rd St

7345 S South Shore DrChicago, IL 60649
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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 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

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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7400-7410 S Chappel Ave
Studio to 2 Bedroom Apartments

7400-7410 S Chappel Ave

7400-7410 S Chappel AveChicago, IL 60649
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7801 S South Shore Dr
1 to 2 Bedroom Apartments

7801 S South Shore Dr

7801 S South Shore DrChicago, IL 60649
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Bennett Apartments
2 Bedroom Apartments

Bennett Apartments

7131 S Bennett AveChicago, IL 60649
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7270 S South Shore Dr
1 to 2 Bedroom Apartments

7270 S South Shore Dr

7270 S South Shore DrChicago, IL 60649
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6943 S Cornell
1 Bedroom Apartments

6943 S Cornell

6943 S Cornell AveChicago, IL 60649
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South Shore
Studio to 1 Bedroom Apartments

South Shore

7046 S Crandon AveChicago, IL 60649
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6914-6916 S Clyde Ave
1 Bedroom Apartments

6914-6916 S Clyde Ave

6914-6916 S Clyde AveChicago, IL 60649
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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. 7150 S Cornell Ave has the second lowest priced unit, which is a Studio apartment currently listed from $800. 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
7150 S Cornell Ave0 Beds, 1 BathsStudio,1BA$800
The Townhouse ApartmentsStudio, 1 bathStudio,1BA$850
Jeffery Parkway ApartmentsStudioStudio,1BA$895
6904 S Cregier AveStudio ApartmentStudio,1BA$925
7801-13 S Essex2 Bedroom 1 Bath Apartment2BR,1BA$970
7715 S South Shore Dr1 Bedroom 1 Bath Apartment1BR,1BA$990
Lakeside Grant ManorStudio MarketStudio,1BA$1,000
7200 Coles1BR/1.0BA1BR,1BA$1,050
7131-45 S Yates Blvd2 Bedroom 1 Bath Apartment2BR,1BA$1,060

Best Value Apartments for Rent in South Shore, IL

As of August 19, 2025 the best value apartment in the South Shore area is the $0.67 price per square foot 2043 E 72nd Pl Model at 2043 E 72nd Pl, Unit 3 in the in the South Shore neighborhood starting from $2,000. The second greatest value South Shore apartment is the 3BD/2BA Model at 7437-7439 S Chappel Ave starting at $1,875 with a $0.94 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.
2043 E 72nd Pl, Unit 32043 E 72nd Pl3BR,2BA$0.67
7437-7439 S Chappel Ave3BD/2BA3BR,2BA$0.94
7020 S Merrill Ave.3 Bedroom 1.5 Bath Apartment with dining3BR,1.5BA$1.10
6900 S South Shore Drive1 Bedroom - 1 Bath1BR,1BA$1.35
7526-36 S Colfax Ave2 Bedroom2BR,1BA$1.34
6930-6942 S Crandon Ave1BD/1BA1BR,1BA$1.33
South Shore Beach Apartments1 Bedroom1BR,1BA$1.28
7200 Coles1BR/1.0BA1BR,1BA$1.24
7801-13 S Essex2 Bedroom 1 Bath Apartment2BR,1BA$1.18
7131-45 S Yates Blvd2 Bedroom 1 Bath Apartment2BR,1BA$1.33

Getting Around the South Shore Neighborhood in Chicago, IL

Walk Score®

75 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

62 / 100

Bikeable

Some bike infrastructure

Transit Score®

67 / 100

Good Transit

Many nearby public transportation options

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 $970 at 7801-13 S Essex.

What is the most affordable South Shore Three Bedroom Apartment?

The best deal on a cheap South Shore Three Bedroom Apartment rental is at 7526-36 S Colfax Ave and starts from $1,350.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.