Cheap Apartments for Rent in the Woodlawn Neighborhood of Chicago, IL from $600 (18 Rentals)

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

property at 6411 S Evans Ave

6411 S Evans Ave

ChicagoIL60637

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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6700 S Merrill Ave
1 to 3 Bedroom Apartments

6700 S Merrill Ave

6700 S Merrill AveChicago, IL 60649
  • Utilities Included
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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.

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Blackstone Court
Studio to 1 Bedroom Apartments

Blackstone Court

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

6650 S Drexel

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

Island Terrace

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

Jackson Park Terrace

6040 S Harper AveChicago, IL 60637
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Park Station Lofts
1 to 3 Bedroom Apartments

Park Station Lofts

6300 S Maryland AveChicago, 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!

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 $699. Oglesby Towers Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,076. 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$699
Oglesby Towers ApartmentsStudio Floor Plan S1Studio,1BA$1,076
Academy at Drexel1 Bedroom 1 Bath1BR,1BA$1,320
Cloistersclo-1b1a1BR,1BA$2,175
5715-5725 S. Kimbark Avenue5715-2bB2BR,1BA$2,270

Best Value Apartments for Rent in Woodlawn, IL

As of November 17, 2025 the best value apartment in the Woodlawn area is the $2.17 price per square foot 1358-4bA Model at 1358 E. 58th Street in the in the Hyde Park neighborhood starting from $4,395. The second greatest value Woodlawn apartment is the 4 Bed/2 Bath Model at Greenwood Apartments starting at $2,495 with a $1.51 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.
1358 E. 58th Street1358-4bA4BR,2BA$2.17
Greenwood Apartments4 Bed/2 Bath4BR,2BA$1.51
6530 S Maryland Ave, Unit 26530 S Maryland Ave3BR,2BA$1.53
Cloistersclo-3b3b3BR,3BA$2.32
6217 S Kimbark Ave, Unit GN6217 S Kimbark Ave3BR,2BA$1.60
5715-5725 S. Kimbark Avenue5715-3bB3BR,1BA$2.41
1140 E Marquette Rd, Unit 2D1140 E Marquette Rd2BR,2BA$1.71
6441 S Kenwood Ave, Unit 266441 S Kenwood Ave2BR,1BA$1.69
6619 S Drexel Ave, Unit 16619 S Drexel Ave2BR,2BA$1.78
Academy at Drexel1 Bedroom 1 Bath1BR,1BA$2.21

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.

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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

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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.

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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

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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.

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Pet Friendly Lifestyle
Woodlawn, Chicago, IL

Ranked #62

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Woodlawn Neighborhood in Chicago, IL

Walk Score®

69 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

71 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

71 / 100

Excellent Transit

Transit is convenient for most trips

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 $2,270.

What is the price of a cheap apartment in Woodlawn?

The cheapest apartment in Woodlawn is Oglesby Towers Apartments which is listed at $1,232, while the average apartment in Woodlawn costs $5,995.

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 $588 which is $5,407 cheaper than the average rent for all rentals in Woodlawn.

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.

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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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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.