Cheap Apartments for Rent in the Woodlawn Neighborhood of Chicago, IL from $600 (17 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Oglesby Towers Apartments
$1,101 - $3,044
Total Monthly Price

Total Monthly Price

Base Rent
$1,051 - $2,994
Required Monthly Fees
$50

Total Monthly Price
$1,101 - $3,044
Studio to 3 Bedroom Apartments Available Now

Oglesby Towers Apartments

6700 S Oglesby AveChicago, IL 60649
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Plaisance Apartments
Rent Specials
$1,160 - $2,595
Total Monthly Price

Total Monthly Price

Base Rent
$1,110 - $2,545
Required Monthly Fees
$50

Total Monthly Price
$1,160 - $2,595
Studio to 1 Bedroom Apartments Available Now

Plaisance Apartments

6104 S Woodlawn AveChicago, IL 60637
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
6700 S Merrill Ave
1 to 3 Bedroom Apartments

6700 S Merrill Ave

6700 S Merrill AveChicago, IL 60649
  • Utilities Included
close
View Me
6516 S University
1 to 3 Bedroom Apartments

6516 S University

6516 S University 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.

close
View Me
Blackstone Court
Studio to 1 Bedroom Apartments

Blackstone Court

5724-5734 S Blackstone AveChicago, IL 60637
  • Utilities Included
close
View Me
6650 S Drexel
2 Bedroom Apartments

6650 S Drexel

6650-6658 S Drexel AveChicago, IL 60637
close
View Me
Island Terrace
1 to 3 Bedroom Apartments

Island Terrace

6430 S Stony Island AveChicago, IL 60637
  • Utilities Included
close
View Me
Jackson Park Terrace
Studio to 4 Bedroom Apartments

Jackson Park Terrace

6040 S Harper AveChicago, IL 60637
  • Utilities Included

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!

close
View Me
Park Station Lofts
1 to 3 Bedroom Apartments

Park Station Lofts

6300 S Maryland AveChicago, IL 60637

Woodlawn, Chicago, IL Local Guide

Cheapest Available Woodlawn Apartments for Rent

 

The cheapest available apartment rental in the Woodlawn area of Chicago, IL is a Studio unit found at 5748 Blackstone By 3L Living priced from $688. Oglesby Towers Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,101. Here are the most affordable Woodlawn apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
5748 Blackstone By 3L LivingNo Kitchenette with Shared BathroomStudio,1BA$688
Oglesby Towers ApartmentsStudio Floor Plan S1Studio,1BA$1,101
Plaisance ApartmentsStudio Floor Plan S3Studio,1BA$1,160
6516 S Stony Island Ave1BR/1.0BA1BR,1BA$1,600
Academy at Drexel3 Bedroom 1.5 Bath Plan B3BR,1BA$1,925

Best Value Apartments for Rent in Woodlawn, IL

As of February 25, 2026 the best value apartment in the Woodlawn area is the $1.71 price per square foot 4 Bed/3 Bath Model at Greenwood Apartments in the in the Woodlawn neighborhood starting from $2,995. The second greatest value Woodlawn apartment is the 1140 E Marquette Rd Model at 1140 E Marquette Rd starting at $2,500 with a $1.92 price per square foot in the Woodlawn neighborhood. Here is today’s list of the best values for Woodlawn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Greenwood Apartments4 Bed/3 Bath4BR,3BA$1.71
1140 E Marquette Rd1140 E Marquette Rd3BR,2BA$1.92
Cloistersclo-2b2b2BR,2BA$2.72
5715-5725 S. Kimbark Avenue5715-2bB2BR,1BA$2.94
Academy at Drexel3 Bedroom 1.5 Bath Plan A3BR,1.5BA$1.82
5720 S Blackstone Ave, Unit #1E5720 S Blackstone Ave1BR,1BA$2.14
Oglesby Towers ApartmentsStudio Floor Plan S1Studio ,1BA$2.75
Plaisance ApartmentsStudio Floor Plan S2Studio ,1BA$3.10
5748 Blackstone By 3L LivingShared Kitchenette & BathroomStudio ,1BA$2.41

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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.

Read Article
Decorative image

A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Cheap Woodlawn Apartments

What is a cheap apartment in Woodlawn?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Woodlawn is under $3,150.

What is the price of a cheap apartment in Woodlawn?

The cheapest apartment in Woodlawn is Plaisance Apartments which is listed at $1,286, while the average apartment in Woodlawn costs $4,150.

What types of apartments are the cheapest in Woodlawn?

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 12 regular apartments in Woodlawn 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 Woodlawn?

Cheap apartments in Woodlawn have an average cost of $722 which is $3,428 cheaper than the average rent for all rentals in Woodlawn.

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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

decorative image for Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago article

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.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

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.

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

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.