Cheap Homes for Rent in South Shore Neighborhood of Chicago, IL from $700 (19 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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
Jeffery Parkway ApartmentsStudioStudio,1BA$895
6904 S Cregier AveStudio ApartmentStudio,1BA$915
7150 S Cornell Ave1 Beds, 1 Baths1BR,1BA$925

Best Value Apartments for Rent in South Shore, IL

As of July 24, 2025 the best value apartment in the South Shore area is the $1.24 price per square foot 7256 S Cornell Ave Model at 7256 S Cornell Ave, Unit 1 in the in the Greater Grand Crossing neighborhood starting from $2,600. 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.
7256 S Cornell Ave, Unit 17256 S Cornell Ave5BR,2BA$1.24
7437-7439 S Chappel Ave3BD/2BA3BR,2BA$0.94
7305 S Yates Blvd., Unit 37305 S Yates Blvd.4BR,1BA$1.35
7526-36 S Colfax Ave3 Bedroom3BR,1BA$1.25
7755 S South Shore Dr, Unit Apartment 1W7755 S South Shore Dr2BR,1BA$1.20
6930-6942 S Crandon Ave1BD/1BA1BR,1BA$1.33
South Shore Beach Apartments1 Bedroom1BR,1BA$1.28
7200 Coles1BR/1.0BA1BR,1BA$1.29
7400 S Yates1 Bedroom 1 Bath Apartment with dining1BR,1BA$1.32
7150 S Cornell Ave1 Beds, 1 Baths1BR,1BA$1.38

Frequently Asked Questions about South Shore

What type of rentals are currently available in South Shore?

There are currently 687 Apartments for Rent in South Shore, IL with pricing that ranges from $700 to $2,661. There are also 69 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Shore ranging from $750 to $4,100.

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 $750 to $4,100 with an average monthly rent of $1,529.

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 $1,350 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,400.

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.

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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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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.