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Cheap Apartments for Rent in the Washington Park Neighborhood of Chicago, IL from $500 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Washington Park area of Chicago.
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$945 - $1,0852 to 3 Bedroom Apartments Contact Us For Availability
6160-6212 S Martin Luther King Dr
6160-6212 S King DrChicago, IL 60637
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Rent Specials
$965 - $1,3001 to 2 Bedroom Apartments Available Now
Boxelder Court
6205-6215 S Langley AveChicago, IL 60637
111 E 57th St
ChicagoIL60637
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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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.
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1 to 3 Bedroom Apartments
5850-5858 S Martin Luther King Dr
5850-5858 S Martin Luther King DrChicago, IL 60637
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2 to 4 Bedroom Apartments
6224 S Dr Martin Luther King Jr Dr
6224 S Martin Luther King DrChicago, IL 60637
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!
Showing Results 1-15, 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 | $892 | $575 | $1,425 |
| Washington Park 1 Bedroom Apartments | $1,597 | $1,126 | $3,006 |
| Washington Park 2 Bedroom Apartments | $1,810 | $1,025 | $7,967 |
| Washington Park 3 Bedroom Apartments | $2,260 | $945 | $8,358 |
| Washington Park 4 Bedroom Apartments | $2,233 | $1,800 | $3,225 |
Browse Apartments in this Neighborhood
There are currently 15 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 $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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 6246 S. King Dr. | Efficiencies | Studio,1BA | $675 |
| Boxelder Court | Two Bedroom 50% AMI | 2BR,1BA | $965 |
| 801-05 E Drexel Square | Studio Apartment | Studio,1BA | $975 |
| Ironwood | Two Bedroom 50% | 2BR,1BA | $1,190 |
| Southland Village | 2 Beds, 1 bath | 2BR,1BA | $1,200 |
Best Value Apartments for Rent in Washington Park, IL
As of December 07, 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 6137 S Indiana Ave Model at 6137 S Indiana Ave, Unit 2 starting at $2,249 with a $1.50 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. |
|---|---|---|---|
| 5942 S Calumet Ave, Unit 1 | 5942 S Calumet Ave | 4BR,1BA | $1.11 |
| 6137 S Indiana Ave, Unit 2 | 6137 S Indiana Ave | 4BR,2BA | $1.50 |
| Ironwood | Two Bedroom 120% | 2BR,1BA | $0.91 |
| 5823 S Wabash Ave, Unit 2 | 5823 S Wabash Ave | 4BR,1BA | $1.29 |
| 5300 S Michigan Ave | 3 Bedroom 1 Bath Apartment | 3BR,1BA | $1.41 |
| 5051 S Forrestville Ave | 3 Bedroom 1 Bath Apartment | 3BR,1BA | $1.67 |
| Park Apartments | Two Bedroom 60% AMI | 2BR,1BA | $1.58 |
| Boxelder Court | One Bedroom 50% AMI | 1BR,1BA | $1.34 |
| Southland Village | 2 Beds, 1 bath | 2BR,1BA | $1.43 |
| 6000 S Prairie | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.92 |
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 $1,585.
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 $2,000.
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 21 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 $606 which is $1,394 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.
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!