Cheap Apartments for Rent in the 60640 ZIP Code of Chicago, IL from $300 (182 Rentals)
Search the lowest-cost Apartments available for rent right now in the 60640 ZIP Code area of Chicago.

Bryn Mawr Belle Shore

5240 N Winthrop Ave
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.

930 W Eastwood Ave, Unit #203

Onyx on Sheridan

The Edison

930 W. Winona
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

4606 N. Hermitage

4600 N. Winchester / 1940-54 W. Wilson

5516 N Kenmore Ave, Unit A00C

Sheridan Park LLC

Wyndham Apartments

The Lawrence House

4865 N Magnolia Ave, Unit 206

4871 N Magnolia Ave, Unit 410

4404 N Winchester Ave, Unit A03C
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1124 W Wilson Avenue

4555 Malden St

Sheridan-Gunnison Apartments

4735 N Hermitage Ave, Unit #4737-105

4613 N Beacon St, Unit 4612-1C
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1940 W Wilson Ave, Unit 1948-1S

1919 W Winnemac Ave, Unit M08B

5326 N Winthrop Ave

850 Argyle Place

The Maynard at 5115 N Sheridan

4738 N Hermitage Ave, Unit M01B

The Winnie

4960 N Marine Dr, Unit 411

4735 N Hermitage Ave, Unit 404
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

4735 N Hermitage Ave, Unit 407
Chicago, IL Local Guide

How much does it cost to rent an apartment in 60640?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
60640 Studio Apartments | $1,586 | $900 | $3,340 |
60640 1 Bedroom Apartments | $2,072 | $1,000 | $3,815 |
60640 2 Bedroom Apartments | $2,761 | $1,450 | $5,628 |
60640 3 Bedroom Apartments | $3,438 | $2,280 | $6,000 |
60640 4 Bedroom Apartments | $2,200 | $2,200 | $2,200 |
Browse Apartments in the 60640 Zip Code of Chicago
Explore Chicago

Chicago, IL Local Guide
- Chicago Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
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+ Senior listed at $799.
How much is rent for a Cheap One Bedroom 60640 Apartment?
The lowest price for a Cheap One Bedroom 60640 Apartment is $769 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 $844 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 $1,015.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.