
Cheap 3 Bedroom Apartments for Rent in the Southwest Chicago Neighborhood of Chicago, IL from $695 (198 Rentals)


6160 S Martin Luther King Dr

7609 S Coles

Park Apartments

7131 S Yates

Total Monthly Price
5031 S Elizabeth St, Unit 2

5031 S Elizabeth St

Total Monthly Price
7313 S Stewart Ave, Unit 1

7311 S Stewart Ave

Total Monthly Price
5600 S May St, Unit 3
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.

5718 S Wabash Ave

4601 S Talman Ave

7654 S Colfax Ave

1408 W 94th St, Unit Garden Apartment

Park Place Apartments

6945 S Calumet Ave, Unit 1N

South Shore Manor

Total Monthly Price
7526-36 S Colfax Ave

Southland Village

148 W 66th St, Unit 2
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7132 S Ingleside Ave, Unit 2

2542 W 64th St

Total Monthly Price
6329 S Loomis Blvd, Unit 2

6329 S Loomis Blvd, Unit 2

6154 S Rockwell St

7652 S Peoria St

6559 S Mozart St

1229 E 71st St

Total Monthly Price
7730 S Michigan Ave, Unit 1st floor

7816 S Kingston Ave
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802 W 31st St

7711 S East End Ave, Unit Apt 3

6738 S Prairie Ave, Unit 1

5734 S Loomis Blvd

Prairie Park Apartments

8019 S Vernon Ave

7151 S Green St

4104 W 24th Pl

9515 S Michigan Ave

6501 S Justine St
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7741 S Yates Blvd

6949 S Green St

7607-7609 S Normal Ave

4356 S Wells St

7637 S Kingston Ave

Keystone Place Apartments

7952 S Carpenter St

6926 S Parnell Ave

4759 S Springfield Ave

Total Monthly Price
939 S Western Ave, Unit #2
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Southwest Chicago, Chicago, IL Local Guide

How much does it cost to rent an apartment in Southwest Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southwest Chicago Studio Apartments | $1,986 | $600 | $10,000+ |
| Southwest Chicago 1 Bedroom Apartments | $2,245 | $800 | $9,885 |
| Southwest Chicago 2 Bedroom Apartments | $2,592 | $850 | $10,000+ |
Southwest Chicago 3 Bedroom Apartments | $2,734 | $695 | $10,000+ |
| Southwest Chicago 4 Bedroom Apartments | $2,794 | $1,025 | $10,000+ |
| Southwest Chicago 5 Bedroom Apartments | $3,837 | $3,300 | $4,322 |
| Southwest Chicago 6 Bedroom Apartments | $11,571 | $1,795 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 198 rentals with your search options within a 2 mile radius of the Southwest Chicago Neighborhood of Chicago, IL.
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Southwest Chicago, Chicago, IL Local Guide
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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.
Read ArticleBest 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
Read ArticleA 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
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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.
Pet Friendly LifestyleSouthwest Chicago, Chicago, IL
Ranked #8
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Southwest Chicago, Chicago, IL
Talman Elementary School
Gage Park High School
School data provided by Great Schools
Frequently Asked Questions about Cheap Southwest Chicago Apartments
What is a cheap apartment in Southwest Chicago?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southwest Chicago is under $786.
What is the price of a cheap apartment in Southwest Chicago?
The cheapest apartment in Southwest Chicago is Coleman Place At Legends South which is listed at $170, while the average apartment in Southwest Chicago costs $2,200.
What types of apartments are the cheapest in Southwest Chicago?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 302 regular apartments in Southwest Chicago that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Southwest Chicago?
Cheap apartments in Southwest Chicago have an average cost of $488 which is $1,712 cheaper than the average rent for all rentals in Southwest Chicago.
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

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.

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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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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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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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.

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

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Written by: Robin Stewart
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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.