Cheap Apartments for Rent in the Washington Park Neighborhood of Chicago, IL from $600 (53 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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5830 S Wabash Ave
$1,200 - $2,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $2,400
Total Monthly Price
$1,200 - $2,400
2 to 3 Bedroom Apartment Available Now

5830 S Wabash Ave

5830 S Wabash AveChicago, IL 60637
Furnished
  • Smoke Free
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368 E 59th St, Unit #3
$1,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450
2 Bedroom Apartment Available Now

368 E 59th St, Unit #3

368 E 59th StChicago, IL 60637
Cost Per Sq.Ft.

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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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
  • Utilities Included
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6214 S Eberhart
1 to 3 Bedroom Apartments

6214 S Eberhart

6214 S EberhartChicago, IL 60637
  • Utilities Included
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801 E Drexel Square
Studio to 2 Bedroom Apartments

801 E Drexel Square

801-805 E Drexel SqChicago, IL 60615
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6022 S Indiana Ave
1 to 2 Bedroom Apartments

6022 S Indiana Ave

6022 S Indiana AveChicago, IL 60637
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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6125 S Wabash
2 Bedroom Apartments

6125 S Wabash

6125-6129 S Wabash AveChicago, IL 60637
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362 E 60th St
2 to 3 Bedroom Apartments

362 E 60th St

362 E 60th StChicago, IL 60637
  • Utilities Included
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5609 S Michigan Ave
3 Bedroom Apartments

5609 S Michigan Ave

5609 S Michigan AveChicago, IL 60637
  • Utilities Included
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6201-6203 S Langley Ave
2 to 3 Bedroom Apartments

6201-6203 S Langley Ave

6201-6203 S Langley AveChicago, IL 60637
  • Utilities Included
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6000 S Prairie
2 to 3 Bedroom Apartments

6000 S Prairie

6000 S Prairie AveChicago, IL 60637

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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5901 S Michigan
1 to 3 Bedroom Apartments

5901 S Michigan

5911 S Michigan AveChicago, IL 60637
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5854 S Michigan
2 to 4 Bedroom Apartments

5854 S Michigan

5854 S Michigan AveChicago, IL 60637
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5624 S. Wabash
2 to 3 Bedroom Apartments

5624 S. Wabash

5606-5616 S Wabash AveChicago, IL 60637
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6100 Eberhart
Studio to 2 Bedroom Apartments

6100 Eberhart

6100 S Eberhart AveChicago, IL 60637
  • Utilities Included
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6147 S Vernon Ave
3 Bedroom Apartments

6147 S Vernon Ave

6147 S Vernon AveChicago, IL 60637
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5758 S Wabash
1 to 3 Bedroom Apartments

5758 S Wabash

5758 S Wabash AveChicago, IL 60637
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5046 S Champlain
1 to 5 Bedroom Apartments

5046 S Champlain

608 E 51st StChicago, IL 60615
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6101 S Langley Ave
1 to 3 Bedroom Apartments

6101 S Langley Ave

6101 S Langley AveChicago, IL 60637
  • Utilities Included
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5300 S Michigan
Studio to 4 Bedroom Apartments

5300 S Michigan

5300 S Michigan AveChicago, IL 60615

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 2

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 $710. KLEO Art Residences has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Washington Park apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
6246 S. King Dr.EfficienciesStudio,1BA$710
KLEO Art ResidencesOne Bedroom 50%1BR,1BA$900
Boxelder CourtTwo Bedroom 50% AMI2BR,1BA$965
6160 S Martin Luther King Dr2 Bedroom 1 Bath Apartment2BR,1BA$1,000
5504 S Wabash2 Bedroom 1 Bath Apartment2BR,1BA$1,110
6125 S Wabash2 Bedroom 1 Bath Apartment2BR,1BA$1,120
6224 S Dr Martin Luther King Jr2 Bedroom 1 Bath Apartment with Dining2BR,1BA$1,185
IronwoodTwo Bedroom 50%2BR,1BA$1,190
Southland Village2 Beds, 1 bath2BR,1BA$1,200

Best Value Apartments for Rent in Washington Park, IL

As of July 08, 2026 the best value apartment in the Washington Park area is the $0.87 price per square foot Three Bedroom 60% AMI Model at Prairie Park Apartments in the in the Washington Park neighborhood starting from $1,500. The second greatest value Washington Park apartment is the Two Bedroom 120% Model at Ironwood starting at $1,280 with a $0.91 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.
Prairie Park ApartmentsThree Bedroom 60% AMI3BR,2BA$0.87
IronwoodTwo Bedroom 120%2BR,1BA$0.91
6116 S Evans Ave, Unit Garden6116 S Evans Ave3BR,1BA$1.46
6224 S Dr Martin Luther King Jr2 Bedroom 1 Bath Apartment with Dining2BR,1BA$0.94
368 E 59th St, Unit #3368 E 59th St2BR,1BA$1.45
Park ApartmentsThree Bedroom 60% AMI3BR,2BA$1.44
Boxelder CourtOne Bedroom 50% AMI1BR,1BA$1.34
Southland Village2 Beds, 1 bath2BR,1BA$1.43
5901 S Michigan2 Bedroom 1 Bath Apartment2BR,1BA$1.48
5504 S Wabash2 Bedroom 1 Bath Apartment2BR,1BA$1.53

Frequently Asked Questions about Cheap Washington Park Apartments

What is the Cheapest Studio apartment in Washington Park?

Currently the most affordable Cheap Studio Apartment in Washington Park is at 6246 S. King Dr. listed at $710.

How much is rent for a Cheap One Bedroom Washington Park Apartment?

The lowest price for a Cheap One Bedroom Washington Park Apartment is $900 at KLEO Art Residences.

What is the lowest price for a Cheap Two Bedroom Washington Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Washington Park is starting from $965 at Boxelder Court.

What is the most affordable Washington Park Three Bedroom Apartment?

The best deal on a cheap Washington Park Three Bedroom Apartment rental is at Park Apartments and starts from $1,390.

Expert Rental Resources

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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