Cheap Homes for Rent in South Side Neighborhood of Chicago, IL from $700 (16 Rentals)

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

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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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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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.

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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 $650. 808 W 76th St has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable South Side apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
1155 W 83rd StStudioStudio,1BA$650
808 W 76th StStudio ApartmentStudio,1BA$750
7701 S Stewart AveStudio ApartmentStudio,1BA$850
The Townhouse ApartmentsStudio, 1 bathStudio,1BA$850
8155 S Maryland1 Bedroom 1 Bath Apartment1BR,1BA$860

Best Value Apartments for Rent in South Side, IL

As of June 13, 2025 the best value apartment in the South Side area is the $0.88 price per square foot 9037 S Bishop St Model at 9037 S Bishop St, Unit 1 in the in the Beverly neighborhood starting from $1,750. The second greatest value South Side apartment is the 7914 S Champlain Ave Model at 7914 S Champlain Ave, Unit 3 starting at $2,000 with a $1.00 price per square foot in the Chatham neighborhood. 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.
9037 S Bishop St, Unit 19037 S Bishop St2BR,1BA$0.88
7914 S Champlain Ave, Unit 37914 S Champlain Ave4BR,1BA$1.00
9000 S Loomis St, Unit 29000 S Loomis St2BR,1BA$0.97
7630 S Emerald Ave, Unit 76307630 S Emerald Ave3BR,1BA$1.09
8017 S Vernon Ave2BD/1BA2BR,1BA$1.33
8038 S Maryland Ave, Unit 28038 S Maryland Ave2BR,1BA$1.20
9215 S Cottage Grove Ave, Unit 29215 S Cottage Grove Ave2BR,1BA$1.33
915 W 95th St, Unit 2e915 W 95th St2BR,1BA$1.33
8311 S Racine Ave8311 S Racine Ave1BR,1BA$1.33
7924 S Vernon1 Bedroom 1 Bath Apartment1BR,1BA$1.17

Quick Rent Budget Calculator

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Frequently Asked Questions about South Side

What type of rentals are currently available in South Side?

There are currently 837 Apartments for Rent in South Side, IL with pricing that ranges from $650 to $4,669. There are also 79 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Side ranging from $700 to $3,100.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Side ranges from $700 to $3,100 with an average monthly rent of $1,618.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Side range from $1,200 to $2,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,800 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.

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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.