Cheap Homes for Rent in Washington Park Neighborhood of Chicago, IL from $1,400 (20 Rentals)

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

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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. 801-05 E Drexel Square Chicago, IL 60615 has the second lowest priced unit, which is a Studio apartment currently listed from $940. 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
801-05 E Drexel Square Chicago, IL 60615Studio ApartmentStudio,1BA$940
Boxelder CourtTwo Bedroom 50% AMI2BR,1BA$965
6022 S Indiana Ave Chicago, IL 606371 Bedroom 1 Bath Apartment1BR,1BA$1,000
5130 S Dr Martin Luther King Jr Dr Chicago, IL 606151 Bedroom 1 Bath Apartment1BR,1BA$1,000

Best Value Apartments for Rent in Washington Park, IL

As of December 29, 2025 the best value apartment in the Washington Park area is the $1.38 price per square foot 6128 S Rhodes Ave Model at 6128 S Rhodes Ave, Unit #1 in the in the Washington Park neighborhood starting from $2,400. The second greatest value Washington Park apartment is the 6225 S Rhodes Ave Model at 6225 S Rhodes Ave, Unit 2 starting at $2,100 with a $1.31 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.
6128 S Rhodes Ave, Unit #16128 S Rhodes Ave3BR,2BA$1.38
6225 S Rhodes Ave, Unit 26225 S Rhodes Ave4BR,1BA$1.31
5046 S Champlain Ave 612 E 51st St Chicago, IL 606153 Bedroom 1 Bath Apartment3BR,1BA$1.37
IronwoodTwo Bedroom 120%2BR,1BA$0.91
5823 S Wabash Ave, Unit 25823 S Wabash Ave4BR,1BA$1.29
5300 S Michigan Ave Chicago, IL 606153 Bedroom 1 Bath Apartment3BR,1BA$1.41
5758-60 S Wabash Ave 22-24 E 58th Chicago, IL 606372 Bedroom 1 Bath Apartment2BR,1BA$1.40
Boxelder CourtOne Bedroom 50% AMI1BR,1BA$1.34
Southland Village2 Beds, 1 bath2BR,1BA$1.43
5130 S Dr Martin Luther King Jr Dr Chicago, IL 606151 Bedroom 1 Bath Apartment1BR,1BA$1.43

Frequently Asked Questions about Washington Park

What type of rentals are currently available in Washington Park?

There are currently 271 Apartments for Rent in Washington Park, IL with pricing that ranges from $575 to $7,961. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Washington Park ranging from $1,450 to $3,000.

What is the current price range for Rental Homes in Washington Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Washington Park ranges from $1,450 to $3,000 with an average monthly rent of $2,089.

How much are larger Three and Four Bedroom Rentals in Washington Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Washington Park range from $1,305 to $7,961, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,650. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,800.

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.

Helpful Local Expert Guides

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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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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Written by: Nicole Harms

From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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.

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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!