Cheap Homes for Rent in South Shore Neighborhood of Chicago, IL from $900 (18 Rentals)

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Search the lowest-cost Homes 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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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Showing Results 1-18, 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 South Shore Beach Apartments priced from $678. Highlands Tudor Manor - 55+ Community has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable South Shore apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
South Shore Beach ApartmentsDStudio,1BA$678
Highlands Tudor Manor - 55+ CommunityStudioStudio,1BA$700
7850 S Constance Ave 1822 E 79th Street Chicago, IL 60649Studio ApartmentStudio,1BA$780
7925 S Phillips Chicago, IL 60617Studio ApartmentStudio,1BA$785
1734 E 72nd St Chicago, IL 606491 Bedroom 1 Bath Apartment1BR,1BA$825

Best Value Apartments for Rent in South Shore, IL

As of April 20, 2026 the best value apartment in the South Shore area is the $1.03 price per square foot 6843 S Merrill Ave Model at 6843 S Merrill Ave in the in the South Shore neighborhood starting from $1,850. The second greatest value South Shore apartment is the 3 Bedroom 1.5 Bath Apartment with Dining Model at 7020 S Merrill Ave Chicago, IL 60649 starting at $1,435 with a $1.10 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.
6843 S Merrill Ave6843 S Merrill Ave3BR,2BA$1.03
7020 S Merrill Ave Chicago, IL 606493 Bedroom 1.5 Bath Apartment with Dining3BR,1.5BA$1.10
7920 S Manistee Ave, Unit 7920 S Manistee Ave7920 S Manistee Ave2BR,1BA$1.17
2209 E 70th St, Unit 22209 E 70th St2BR,1BA$1.17
2417 E 73rd St, Unit #12417 E 73rd St3BR,1BA$1.25
7711 S Chappel Ave, Unit Apartment 17711 S Chappel Ave2BR,1BA$1.27
7131-45 S Yates Blvd Chicago, IL 606492 Bedroom 1 Bath Apartment2BR,1BA$1.11
7609 S Coles2 Bedroom 1 Bath Apartment2BR,1BA$1.21
7801-13 S Essex 2509-11 E 78th Chicago, IL 606492 Bedroom 1 Bath Apartment2BR,1BA$1.13
7800 S Jeffery Blvd Chicago, IL 606491 Bedroom 1 Bath Apartment with Dining1BR,1BA$1.27

Frequently Asked Questions about South Shore

What type of rentals are currently available in South Shore?

There are currently 673 Apartments for Rent in South Shore, IL with pricing that ranges from $678 to $4,500. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Shore ranging from $900 to $2,950.

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 $900 to $2,950 with an average monthly rent of $1,968.

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 $1,165 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $2,550. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,300.

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

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.