Cheap Apartments for Rent in the 60640 ZIP Code of Chicago, IL from $300 (163 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 60640 ZIP Code 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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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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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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Chatelaine Apartments
Studio to 1 Bedroom Apartments

Chatelaine Apartments

4911 N Winthrop AveChicago, IL 60640
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Wilson Apartments
Studio Apartments

Wilson Apartments

4554 N Malden StChicago, IL 60640
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4735-4737 N Malden St
Studio to 1 Bedroom Apartments

4735-4737 N Malden St

4735-4737 N Malden StChicago, IL 60640
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Emerald Tower
Studio to 1 Bedroom Apartments

Emerald Tower

4541 N Sheridan RdChicago, IL 60640
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Agatite
Studio Apartments

Agatite

941 W Agatite AveChicago, IL 60640
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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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Eastwood Apartments
Studio to 1 Bedroom Apartments

Eastwood Apartments

922 W Eastwood AveChicago, IL 60640
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1055 W. Catalpa Ave.
Studio to 1 Bedroom Apartments

1055 W. Catalpa Ave.

1055 W Catalpa AveChicago, IL 60640
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1203 W Balmoral
Studio to 1 Bedroom Apartments

1203 W Balmoral

1203 W Balmoral AveChicago, IL 60640
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The Joseph
Studio to 1 Bedroom Apartments

The Joseph

5450 N Winthrop AveChicago, IL 60640
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4641 N Paulina St
Studio to 1 Bedroom Apartments

4641 N Paulina St

4641 N PaulinaChicago, IL 60640
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Magnolia Gardens
Studio to 1 Bedroom Apartments

Magnolia Gardens

4845-4855 N Magnolia AveChicago, IL 60640
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Ravenswood Apartments
Studio to 2 Bedroom Apartments

Ravenswood Apartments

4407-4415 N Greenview AveChicago, IL 60640
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1466 W Argyle St
Studio Apartments

1466 W Argyle St

1466 W Argyle StChicago, IL 60640
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4801 North Ravenswood
Studio to 2 Bedroom Apartments

4801 North Ravenswood

4801 N Ravenswood AveChicago, IL 60640
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5050-5058 N Kenmore Ave
Studio to 1 Bedroom Apartments

5050-5058 N Kenmore Ave

5050-5058 N Kenmore AveChicago, IL 60640
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Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

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Frequently Asked Questions about Cheap the 60640 ZIP Code Apartments

What is the Cheapest Studio apartment in 60640?

Currently the most affordable Cheap Studio Apartment in 60640 is at King's Reserve College Park 55+ Active Living listed at $699.

How much is rent for a Cheap One Bedroom 60640 Apartment?

The lowest price for a Cheap One Bedroom 60640 Apartment is $744 at The Meridian North and South.

What is the lowest price for a Cheap Two Bedroom 60640 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 60640 is starting from $924 at The Meridian North and South.

What is the most affordable 60640 Three Bedroom Apartment?

The best deal on a cheap 60640 Three Bedroom Apartment rental is at Estates at Crystal Bay and starts from $1,165.

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.

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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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.