Cheap Apartments for Rent in the Southwest Chicago Neighborhood of Chicago, IL from $500 (1,091 Rentals) Page 2 of 22
Search the lowest-cost Apartments available for rent right now in the Southwest Chicago area of Chicago.

76 E 68th St

2612 W 25th St

6610 S Rhodes Ave

121 W 80th St

7710 S Ada St

6228 S Western Ave

4901 S Drexel Blvd
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.

7841 S Loomis Blvd

6411 S Evans Ave

Oglesby Towers Apartments

111 E 57th St

Lake Meadows Apartments

Chatham Grove

4720 S Drexel Blvd

2358 E 70th Pl

6856 S Merrill Ave, Unit 3
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.

1439 W 93rd St

5214 S Woodlawn Ave

6947 S Jeffery Blvd

5210 S Woodlawn Ave

Museum Walk Apartments

4721 S. Ellis Avenue

9243 S Stony Island Ave

The Versailles Apartments
Southwest Chicago - One of the Best Affordable Neighborhoods in Chicago
Named as one of the Best Affordable Neighborhoods to rent in Chicago by our Chicago, IL Local Expert Nicole Harms. See how it ranks!

Shorewind Apartments

Woodlawn Terrace

5200 S Monitor Ave
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

8745 S Cottage Grove Ave

3706 S Parnell Ave

6620 S Saint Lawrence Ave, Unit 2R

1443 W 93rd St

South Shore Beach Apartments

Park Place Apartments

Plaisance Apartments
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 | $1,712 | $575 | $3,942 |
| Southwest Chicago 1 Bedroom Apartments | $2,130 | $550 | $7,532 |
| Southwest Chicago 2 Bedroom Apartments | $2,385 | $925 | $9,451 |
| Southwest Chicago 3 Bedroom Apartments | $2,552 | $800 | $10,000+ |
| Southwest Chicago 4 Bedroom Apartments | $2,418 | $1,040 | $10,000+ |
| Southwest Chicago 5 Bedroom Apartments | $6,047 | $2,500 | $10,000+ |
| Southwest Chicago 6 Bedroom Apartments | $25,652 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 1091 rentals with your search options within a 2 mile radius of the Southwest Chicago Neighborhood of Chicago, IL.
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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 $795.
What is the price of a cheap apartment in Southwest Chicago?
The cheapest apartment in Southwest Chicago is 7850 S Constance Ave which is listed at $795, while the average apartment in Southwest Chicago costs $32,611.
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 425 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 $457 which is $32,154 cheaper than the average rent for all rentals in Southwest Chicago.
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.

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!















