Cheap Apartments for Rent in the South Side Neighborhood of Chicago, IL from $500 (202 Rentals)

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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

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property at 9453 S Loomis St
$1,150
1 Bedroom Rentals
Available Now
Affordability

9453 S Loomis St

ChicagoIL60643

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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935-941 E 81st St
Studio to 2 Bedroom Apartments

935-941 E 81st St

935-941 E 81st StChicago, IL 60619
  • Utilities Included
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1121-1123 E 82nd St
Studio Apartments

1121-1123 E 82nd St

1121-1123 E 82nd StChicago, IL 60619
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1370-1380 W 79th St
Studio to 2 Bedroom Apartments

1370-1380 W 79th St

1370-1380 W 79th StChicago, IL 60620

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

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741-53 E 79th St
Studio to 1 Bedroom Apartments

741-53 E 79th St

741-753 E 79th StChicago, IL 60619
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8051-8053 S King Dr
Studio to 3 Bedroom Apartments

8051-8053 S King Dr

8051-8053 S King DrChicago, IL 60619
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7948-7958 S Ingleside Ave
Studio to 2 Bedroom Apartments

7948-7958 S Ingleside Ave

7948-7958 S Ingleside AveChicago, IL 60619
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7945-7955 S. Drexel Ave.
Studio to 2 Bedroom Apartments

7945-7955 S. Drexel Ave.

7945-7955 S Drexel AveChicago, IL 60619
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7908 S Prairie Ave
Studio to 1 Bedroom Apartments

7908 S Prairie Ave

7908 S Prairie AveChicago, IL 60619
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8232 S Drexel Ave
Studio to 2 Bedroom Apartments

8232 S Drexel Ave

8232 S Drexel AveChicago, IL 60619
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319 E 79th
1 Bedroom Apartments

319 E 79th

319-325 E 79th StChicago, IL 60619
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7903 S Rhodes Ave
1 to 2 Bedroom Apartments

7903 S Rhodes Ave

7903 S Rhodes AveChicago, IL 60619
  • Utilities Included

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

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1155 W 83rd St
Studio to 2 Bedroom Apartments

1155 W 83rd St

1155 W 83rd StChicago, IL 60620
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8249 S Evans
1 to 2 Bedroom Apartments

8249 S Evans

8249 S Evans AveChicago, IL 60619
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7903 S Eberhart
Studio to 2 Bedroom Apartments

7903 S Eberhart

7903 S Eberhart AveChicago, IL 60619
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8001 S Ellis
Studio to 1 Bedroom Apartments

8001 S Ellis

8001-8009 S Ellis AveChicago, IL 60619
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7903 S Evans
Studio to 2 Bedroom Apartments

7903 S Evans

7903 S Evans AveChicago, IL 60619
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400 E 81st St
1 to 2 Bedroom Apartments

400 E 81st St

400 E 81st StChicago, IL 60619
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915 E 83rd St
1 to 2 Bedroom Apartments

915 E 83rd St

915 E 83rd StChicago, IL 60619
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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South Side, Chicago, IL Local Guide

Cheapest Available South Side Apartments for Rent

 

The cheapest available apartment rental in the South Side area of Chicago, IL is a Studio unit found at 1155 W 83rd St priced from $720. 8001 S Ellis has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here are the most affordable South Side apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
1155 W 83rd StStudioStudio, 1BA$720
8001 S EllisStudio ApartmentStudio, 1BA$740
8201 S Ada St1325 W. 82nd StreetStudio, 1BA$800
7701 S StewartStudio ApartmentStudio, 1BA$850
84th Place & Ingleside1 Beds, 1 Baths1BR, 1BA$850
8640 S Ingleside1 Bedroom 1 Bath Apartment1BR, 1BA$880
7917 S Drexel1 Bedroom 1 Bath Apartment1BR, 1BA$895
8051 S Ingleside1 Bedroom 1 Bath Apartment with Dining1BR, 1BA$895
7929 S StateStudio ApartmentStudio, 1BA$910
8222 S Ingleside1 Bedroom 1 Bath Apartment with Dining1BR, 1BA$920

Best Value Apartments for Rent in South Side, IL

As of September 16, 2026 the best value apartment in the South Side area is the $1.00 price per square foot 8230 S Ellis Ave Model at 8230 S Ellis Ave, Unit Unit 3 in the Chatham neighborhood starting from $1,350. The second greatest value South Side apartment is the 8040 S Evans Ave Model at 8040 S Evans Ave, Unit 1st floor in the Chatham neighborhood starting at $1,650 with a $1.22 price per square foot. Here is today’s list of the best values for South Side apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8230 S Ellis Ave, Unit Unit 38230 S Ellis Ave2BR, 1BA$1.00
8040 S Evans Ave, Unit 1st floor8040 S Evans Ave3BR, 1BA$1.22
8120 S Ellis Ave, Unit Unit 28120 S Ellis Ave2BR, 1BA$1.10
7824 S Greenwood Ave, Unit G7824 S Greenwood Ave4BR, 2BA$1.13
7557 S Calumet Ave2BR/1.0BA2BR, 1BA$1.33
8056 S Drexel2 Bedroom 1 Bath Apartment2BR, 1BA$1.34
7949 S Ellis2 Bedroom 1 Bath Apartment2BR, 1BA$1.23
7654 S Peoria St Basement Apartment76 54 S Peoria St1BR, 1BA$1.19
84th Place & Ingleside1 Beds, 1 Baths1BR, 1BA$1.13
8251 S Ellis1 Bedroom 1 Bath Apartment1BR, 1BA$1.26

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
South Side, Chicago, IL

Ranked #132

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap South Side Apartments

What is the Cheapest Studio apartment in South Side?

Currently the most affordable Cheap Studio Apartment in South Side is at 1155 W 83rd St listed at $720.

How much is rent for a Cheap One Bedroom South Side Apartment?

The lowest price for a Cheap One Bedroom South Side Apartment is $850 at 84th Place & Ingleside.

What is the lowest price for a Cheap Two Bedroom South Side Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Side is starting from $980 at 7949 S Ellis.

What is the most affordable South Side Three Bedroom Apartment?

The best deal on a cheap South Side Three Bedroom Apartment rental is at 963 E 84th St and starts from $1,275.

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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The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Written by: Nicole Harms

When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

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Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Written by: Nicole Harms

I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

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Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Written by: Nicole Harms

Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.