
Cheap Homes for Rent in Washington Park Neighborhood of Chicago, IL from $1,300 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Washington Park area of Chicago.


368 E 59th St, Unit 3
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.

368 E 59th St, Unit 3

6030 S Eberhart Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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1649 W Garfield Blvd, Unit Apt 1
Washington Park, Chicago, IL Local Guide

How much does it cost to rent a home in Washington Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Washington Park 2 Bedroom Homes for Rent | $1,656 | $1,300 | $2,100 |
| Washington Park 3 Bedroom Homes for Rent | $2,180 | $1,550 | $2,650 |
| Washington Park 4 Bedroom Homes for Rent | $2,466 | $2,000 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 $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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 6246 S. King Dr. | Efficiencies | Studio,1BA | $710 |
| KLEO Art Residences | One Bedroom 50% | 1BR,1BA | $900 |
| Boxelder Court | Two Bedroom 50% AMI | 2BR,1BA | $965 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Prairie Park Apartments | Three Bedroom 60% AMI | 3BR,2BA | $0.87 |
| Ironwood | Two Bedroom 120% | 2BR,1BA | $0.91 |
| 6116 S Evans Ave, Unit Garden | 6116 S Evans Ave | 3BR,1BA | $1.46 |
| 6224 S Dr Martin Luther King Jr | 2 Bedroom 1 Bath Apartment with Dining | 2BR,1BA | $0.94 |
| 368 E 59th St, Unit #3 | 368 E 59th St | 2BR,1BA | $1.45 |
| Park Apartments | Three Bedroom 60% AMI | 3BR,2BA | $1.44 |
| Boxelder Court | One Bedroom 50% AMI | 1BR,1BA | $1.34 |
| Southland Village | 2 Beds, 1 bath | 2BR,1BA | $1.43 |
| 5901 S Michigan | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.48 |
| 5504 S Wabash | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.53 |
Frequently Asked Questions about Washington Park
What type of rentals are currently available in Washington Park?
There are currently 270 Apartments for Rent in Washington Park, IL with pricing that ranges from $600 to $3,225. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Washington Park ranging from $1,300 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 $1,300 to $3,000 with an average monthly rent of $1,925.
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 $1,250 to $3,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $2,650. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,700.
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

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
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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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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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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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Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.