Cheap Homes for Rent in Southwest Chicago Neighborhood of Chicago, IL from $600 (281 Rentals)

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

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Southwest Chicago, Chicago, IL Local Guide

Cheapest Available Southwest Chicago Apartments for Rent

 

The cheapest available apartment rental in the Southwest Chicago area of Chicago, IL is a Studio unit found at 1155 W 83rd St priced from $650. 6246 S. King Dr. has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here are the most affordable Southwest Chicago apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
1155 W 83rd StStudioStudio,1BA$650
6246 S. King Dr.EfficienciesStudio,1BA$675
7706 South ColesStudio ApartmentStudio,1BA$695
5445 Ingleside By 3L LivingLarge Co-Living Single RoomStudio,1BA$698
5540 Hyde Park by 3L LivingEfficiency Studio - NorthStudio,1BA$699
Highlands Tudor Manor - 55+ CommunityStudioStudio,1BA$700
5748 Blackstone By 3L LivingShared Kitchenette & BathroomStudio,1BA$724
808 W 76th StStudio ApartmentStudio,1BA$745
8000 S Ellis AveStudioStudio,1BA$760
2235 E 71st StStudio ApartmentStudio,1BA$770

Best Value Apartments for Rent in Southwest Chicago, IL

As of September 20, 2025 the best value apartment in the Southwest Chicago area is the $0.25 price per square foot 624 S Oakley Blvd Model at 624 S Oakley Blvd, Unit # 02 in the in the Near West Side neighborhood starting from $2,500. The second greatest value Southwest Chicago apartment is the 6531 S Paulina St Model at 6531 S Paulina St, Unit 2 starting at $1,450 with a $0.63 price per square foot in the West Englewood neighborhood. Here is today’s list of the best values for Southwest Chicago apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
624 S Oakley Blvd, Unit # 02624 S Oakley Blvd3BR,2BA$0.25
6531 S Paulina St, Unit 26531 S Paulina St3BR,1BA$0.63
8234 S Maryland Ave, Unit 38234 S Maryland Ave3BR,1BA$1.00
7437-7439 S Chappel Ave3BD/2BA3BR,2BA$0.94
6219 S Wood St, Unit 1 and 26219 S Wood St2BR,1BA$0.88
1623 W 61st St3 Bedroom/2 Bathroom3BR,2BA$1.00
8434 S Cregier Ave, Unit 1N8434 S Cregier Ave3BR,1BA$1.00
The Talman Building1 bedroom1BR,1BA$0.89
8642 S Maryland Ave1 Bed, 1 bath1BR,1BA$1.00
915 E 83rd St1BR/1BA1BR,1BA$0.97

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Pet Friendly Lifestyle
Southwest Chicago, Chicago, IL

Ranked #29

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Southwest Chicago, Chicago, IL

School data provided by Great Schools

Frequently Asked Questions about Southwest Chicago

What type of rentals are currently available in Southwest Chicago?

There are currently 7469 Apartments for Rent in Southwest Chicago, IL with pricing that ranges from $575 to $35,368. There are also 1400 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southwest Chicago ranging from $675 to $58,000.

What is the current price range for Rental Homes in Southwest Chicago?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Southwest Chicago ranges from $675 to $58,000 with an average monthly rent of $2,991.

How much are larger Three and Four Bedroom Rentals in Southwest Chicago?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Southwest Chicago range from $1,075 to $22,247, while Three Bedroom Homes, Condos, and Townhomes for rent range from $675 to $7,950. Four Bedroom Single-Family rentals are also available starting from $760 and Four Bedroom Apartments start at $650.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.