Cheap Apartments for Rent in the Washington Park Neighborhood of Chicago, IL from $500 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Washington Park area of Chicago.

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5035 S King Dr
2 to 4 Bedroom Apartments

5035 S King Dr

5035 S King DrChicago, IL 60615
  • Utilities Included
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421 East 62nd
1 to 2 Bedroom Apartments

421 East 62nd

6219 S Vernon AveChicago, IL 60637
Senior Living
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6214 S Eberhart
1 to 3 Bedroom Apartments

6214 S Eberhart

6214 S EberhartChicago, IL 60637
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6100 Eberhart
Studio to 2 Bedroom Apartments

6100 Eberhart

6100 S Eberhart AveChicago, IL 60637
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KLEO Art Residences
Studio to 2 Bedroom Apartments

KLEO Art Residences

5504 S Michigan AveChicago, IL 60637
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801-05 E Drexel Square
Studio to 2 Bedroom Apartments

801-05 E Drexel Square

801-805 E Drexel SqChicago, IL 60615
  • Utilities Included

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 $675. Boxelder Court has the second lowest priced unit, which is a 2 Beds apartment currently listed from $965. Here are the most affordable Washington Park apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
6246 S. King Dr.EfficienciesStudio,1BA$675
Boxelder CourtTwo Bedroom 50% AMI2BR,1BA$965
801-05 E Drexel SquareStudio ApartmentStudio,1BA$975
6160-6212 S Martin Luther King Dr2 Bedroom 1 Bath Apartment2BR,1BA$995
IronwoodTwo Bedroom 50%2BR,1BA$1,190

Best Value Apartments for Rent in Washington Park, IL

As of November 14, 2025 the best value apartment in the Washington Park area is the $1.11 price per square foot 5942 S Calumet Ave Model at 5942 S Calumet Ave, Unit 1 in the in the Washington Park neighborhood starting from $2,000. The second greatest value Washington Park apartment is the 6041 S Saint Lawrence Ave Model at 6041 S Saint Lawrence Ave, Unit 2N starting at $2,150 with a $1.19 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 ListingModel NameBed/BathPrice Per Sq.Ft.
5942 S Calumet Ave, Unit 15942 S Calumet Ave4BR,1BA$1.11
6041 S Saint Lawrence Ave, Unit 2N6041 S Saint Lawrence Ave3BR,2BA$1.19
6142 S Rhodes Ave, Unit 26142 S Rhodes Ave3BR,1BA$1.47
IronwoodTwo Bedroom 120%2BR,1BA$1.00
5823 S Wabash Ave, Unit 25823 S Wabash Ave4BR,1BA$1.29
5642 S Prairie Ave, Unit 15642 S Prairie Ave3BR,2BA$1.52
6203 S Champlain Ave, Unit 3S6203 S Champlain Ave2BR,1BA$1.42
5300 S Michigan Ave3 Bedroom 1 Bath Apartment3BR,1BA$1.41
Boxelder CourtOne Bedroom 50% AMI1BR,1BA$1.34
Southland Village2 Beds, 1 bath2BR,1BA$1.43

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

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 $1,585.

What is the price of a cheap apartment in Washington Park?

The cheapest apartment in Washington Park is Boxelder Court which is listed at $1,126, while the average apartment in Washington Park costs $1,999.

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 20 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 $578 which is $1,421 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.

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

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