
Cheap Apartments for Rent in the 60642 ZIP Code of Chicago, IL from $300 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the 60642 ZIP Code area of Chicago.


North Town Village

1523 W Chicago Ave

1337 W Huron
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1326 N Cleaver

1234 N Cleaver

1363 W. Walton

1241 N Milwaukee Ave, Unit 507
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.
Chicago, IL Local Guide

How much does it cost to rent an apartment in 60642?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 60642 Studio Apartments | $2,573 | $1,820 | $5,790 |
| 60642 1 Bedroom Apartments | $2,871 | $1,367 | $8,294 |
| 60642 2 Bedroom Apartments | $4,196 | $1,800 | $10,000+ |
| 60642 3 Bedroom Apartments | $4,529 | $2,500 | $10,000+ |
| 60642 4 Bedroom Apartments | $5,866 | $4,000 | $11,492 |
Browse Apartments in the 60642 Zip Code of Chicago
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Frequently Asked Questions about Cheap the 60642 ZIP Code Apartments
What is the Cheapest Studio apartment in 60642?
Currently the most affordable Cheap Studio Apartment in 60642 is at Lofts at South Lake listed at $1,400.
How much is rent for a Cheap One Bedroom 60642 Apartment?
The lowest price for a Cheap One Bedroom 60642 Apartment is $1,300 at The Cottages @ Clermont.
What is the lowest price for a Cheap Two Bedroom 60642 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 60642 is starting from $1,600 at The Cottages @ Clermont.
What is the most affordable 60642 Three Bedroom Apartment?
The best deal on a cheap 60642 Three Bedroom Apartment rental is at Advenir at Clermont and starts from $1,806.
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
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.

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.

Best Neighborhoods to Rent in Near Chicago's Top Employers
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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.

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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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
Written by: Robin Stewart
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.