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Cheap Apartments for Rent in the Washington Park Neighborhood of Chicago, IL from $500 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Washington Park area of Chicago.
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from $9001 Bedroom Apartments Contact Us For Availability
KLEO Art Residences
5504 S Michigan AveChicago, IL 60637
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from $9501 to 3 Bedroom Apartments Available Now
Southland Village
6253 S Michigan AveChicago, IL 60637
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from $1,025Studio to 3 Bedroom Apartments Available Now
4721 S. Ellis Avenue
4721-4729 S Ellis AveChicago, IL 60615
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from $1,0752 to 3 Bedroom Apartments Available Now
5504-12 S Wabash Ave
5500-5512 S Wabash AveChicago, IL 60637
5657 S Indiana Ave
ChicagoIL60637
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.
6146 S King Dr
ChicagoIL60637
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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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2 to 3 Bedroom Apartments
5850-5858 S Martin Luther King Dr
5850-5858 S Martin Luther King DrChicago, IL 60637
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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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3 Bedroom Apartments
6224 S Dr Martin Luther King Jr Dr
6224 S Martin Luther King DrChicago, IL 60637
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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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Showing Results 1-29, Page 1 of 1
Washington Park, Chicago, IL Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Washington Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Washington Park Studio Apartments | $994 | $575 | $1,462 |
| Washington Park 1 Bedroom Apartments | $2,350 | $900 | $5,400 |
| Washington Park 2 Bedroom Apartments | $2,662 | $1,075 | $5,550 |
| Washington Park 3 Bedroom Apartments | $3,520 | $1,400 | $7,973 |
| Washington Park 4 Bedroom Apartments | $2,268 | $1,800 | $3,225 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Washington Park Neighborhood of Chicago, IL.
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Cheapest Available Washington Park Apartments for Rent
The cheapest available apartment rental in the Washington Park area of Chicago, IL is a Studio unit found at 6246 S. King Dr. priced from $750. 801-05 E Drexel Square has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable Washington Park apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 6246 S. King Dr. | Two rm Studio | Studio,1BA | $750 |
| 801-05 E Drexel Square | Studio Apartment | Studio,1BA | $925 |
| 4721 S. Ellis Avenue | ells0bd | Studio,1BA | $1,025 |
| 5504-12 S Wabash Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1,075 |
| KLEO Art Residences | One Bedroom 60% | 1BR,1BA | $1,110 |
| Southland Village | 2 Beds, 1 bath | 2BR,1BA | $1,200 |
| 5854 S Michigan Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1,215 |
| 6100 Eberhart | 2BR/1.0BA | 2BR,1BA | $1,320 |
| Hyde Park West | Studio 450 | Studio,1BA | $1,425 |
Best Value Apartments for Rent in Washington Park, IL
As of June 18, 2025 the best value apartment in the Washington Park area is the $1.20 price per square foot 6117 S Vernon Ave Model at 6117 S Vernon Ave, Unit 1 in the in the Washington Park neighborhood starting from $1,800. The second greatest value Washington Park apartment is the 5911 S Indiana Ave Model at 5911 S Indiana Ave, Unit #2 starting at $2,100 with a $1.45 price per square foot in the Washington Park neighborhood. Here is today’s list of the best values for Washington Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 6117 S Vernon Ave, Unit 1 | 6117 S Vernon Ave | 4BR,1.5BA | $1.20 |
| 5911 S Indiana Ave, Unit #2 | 5911 S Indiana Ave | 3BR,2BA | $1.45 |
| 5823 S Wabash Ave Floor 3, Unit 2 | 5823 S Wabash Ave Floor 3 | 4BR,1BA | $1.29 |
| 6044 S Rhodes Ave, Unit #2 | 6044 S Rhodes Ave | 3BR,1BA | $1.28 |
| Woodlawn Commons | 2BR/1BA | 2BR,1BA | $1.65 |
| 6100 Eberhart | 2BR/1.0BA | 2BR,1BA | $1.32 |
| Southland Village | 2 Beds, 1 bath | 2BR,1BA | $1.43 |
| 5504-12 S Wabash Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.48 |
| 5854 S Michigan Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.68 |
| 6246 S. King Dr. | Two rm Studio | Studio ,1BA | $1.36 |
Getting Around the Washington Park Neighborhood in Chicago, IL
Walk Score®
69 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
65 / 100
Bikeable
Some bike infrastructure
Transit Score®
70 / 100
Excellent Transit
Transit is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Washington Park Apartments
What is a cheap apartment in Washington Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Washington Park is under $1,425.
What is the price of a cheap apartment in Washington Park?
The cheapest apartment in Washington Park is KLEO Art Residences which is listed at $1,110, while the average apartment in Washington Park costs $2,775.
What types of apartments are the cheapest in Washington Park?
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 10 regular apartments in Washington Park 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 Washington Park?
Cheap apartments in Washington Park have an average cost of $392 which is $2,383 cheaper than the average rent for all rentals in Washington Park.
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.
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.
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.
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.