Cheap Apartments for Rent in the South Shore Neighborhood of Chicago, IL from $500 (115 Rentals)

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

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.

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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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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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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7808 Southshore
Studio to 2 Bedroom Apartments

7808 Southshore

7808 S South Shore DrChicago, 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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Oglesby Arms
Studio to 1 Bedroom Apartments

Oglesby Arms

6826 S Oglesby 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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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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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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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
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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

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. 7925 S Phillips Chicago, IL 60617 has the second lowest priced unit, which is a Studio apartment currently listed from $785. 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
7925 S Phillips Chicago, IL 60617Studio ApartmentStudio,1BA$785
The Townhouse ApartmentsStudio, 1 bathStudio,1BA$900
Shorewind ApartmentsStyle S2Studio,1BA$950
7800-10 S Kingston 2515-19 E 78th Chicago, IL 606492 Bedroom 1 Bath Apartment2BR,1BA$960
7220StudioStudio,1BA$995
7150 S Cornell Ave1 Beds, 1 Baths1BR,1BA$1,000
7131-45 S Yates Blvd Chicago, IL 606492 Bedroom 1 Bath Apartment2BR,1BA$1,005
1742-56 E 72nd St Chicago, IL 606492 Bedroom 1 Bath Apartment2BR,1BA$1,025
7801-11 S Yates Blvd Chicago, IL 606492 Bedroom 1 Bath Apartment2BR,1BA$1,035

Best Value Apartments for Rent in South Shore, IL

As of February 22, 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 7220 S East End Ave Model at 7220 S East End Ave, Unit # 2 starting at $2,000 with a $1.11 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
7220 S East End Ave, Unit # 27220 S East End Ave3BR,1BA$1.11
7926 S Paxton Ave, Unit 2nd Fl7926 S Paxton Ave4BR,1BA$0.88
2417 E 73rd St, Unit #12417 E 73rd St3BR,1BA$1.25
2209 E 70th St, Unit 22209 E 70th St2BR,1BA$1.17
2209 E 70th St, Unit 1E2209 E 70th St2BR,1BA$1.25
7711 S Chappel Ave, Unit Apartment 17711 S Chappel Ave2BR,1BA$1.27
6900 S South Shore Drive1 Bedroom - 1 Bath1BR,1BA$1.28
7131-45 S Yates Blvd Chicago, IL 606492 Bedroom 1 Bath Apartment2BR,1BA$1.16
7800-10 S Kingston 2515-19 E 78th Chicago, IL 606492 Bedroom 1 Bath Apartment2BR,1BA$1.24

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 $895 at 7925 S Phillips Chicago, IL 60617.

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 $960 at 7800-10 S Kingston 2515-19 E 78th Chicago, IL 60649.

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 $1,495.

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.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.