Cheap Homes for Rent in the South Shore Neighborhood of Chicago, IL from $900 (24 Rentals)

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

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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

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.

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property at 7123 S Merrill Ave

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 1 Bath Condo for Rent

Available Now

7123 S Merrill Ave, Unit 2

7123 S Merrill Ave
ChicagoIL60649

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Showing Results 1-24, Page 1 of 1

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 $770. 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$770
7925 S PhillipsStudio ApartmentStudio,1BA$785
The Townhouse ApartmentsStudio, 1 bathStudio,1BA$900
7320 S Phillips Ave1 Bed 1 Bath1BR,1BA$900

Best Value Apartments for Rent in South Shore, IL

As of July 20, 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 7431 S Chappel Ave Model at 7431 S Chappel Ave, Unit South shore 2bed 2 bath starting at $1,800 with a $1.38 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
7431 S Chappel Ave, Unit South shore 2bed 2 bath7431 S Chappel Ave2BR,1.5BA$1.38
7526-36 S Colfax Ave2 Bedroom2BR,1BA$1.38
7109 S Ridgeland2 Bedroom 1 Bath Apartment2BR,1BA$1.19
7131 S Yates3 Bedroom 1 Bath Apartment3BR,1BA$1.35
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

Frequently Asked Questions about South Shore

What type of rentals are currently available in South Shore?

There are currently 667 Apartments for Rent in South Shore, IL with pricing that ranges from $700 to $3,500. There are also 75 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Shore ranging from $950 to $4,000.

What is the current price range for Rental Homes in South Shore?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Shore ranges from $950 to $4,000 with an average monthly rent of $1,598.

How much are larger Three and Four Bedroom Rentals in South Shore?

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Shore range from $1,190 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,800.

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

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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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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

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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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Best Neighborhoods to Rent in Near Chicago's Top Employers

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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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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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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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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.

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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.

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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.