
Cheap Apartments for Rent in Markham, IL from $600 (79 Rentals)
Search the lowest-cost Apartments available for rent right now in Markham.


16613 Hillcrest Dr

15750 Dixie Hwy

One Fifty Seven Oak Forest

Hampton Court

14612 Keystone Ave

15701 Lamon Ave

14347 S Campbell Ave

3326-3356 184th St

3329 147th Pl
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.

3327 W 135th St

Oak Creek

611 E 151st St

17100 Cicero Ave

18154 Martin Ave

14638 Keystone Ave

2005 139th St

14843 S Morgan St

3341 147th Pl

Village Of Hazel Crest
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.

14751 Kenton

Town Square Apartments

3646 147th St

15947 Laramie Ave

15945 Lexington Ave

15540 S Center Ave

14633 S Keystone Ave

1947 Hickory Rd

14915 Washington

16044 S Halsted St
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
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17714 Dixie Hwy

5120 Shadow Creek Dr

Colonial Estates

14513 S Richmond Ave

4042 147th St

3734 171st St

3811 171st St

3625 147th St

14618 Keystone Ave

14517 S Richmond Ave
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.

18310-18340 Cherry Creek dr

16035 Laramie Ave

14635 Lamon Ave

3552-3558 147th St

16735 Forest Ave

95 W 154th St

14921 Washington St

Vail Apartments

3206 W 184th St

15800 Turlington
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.
Markham, IL Local Guide

How much does it cost to rent an apartment in Markham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Markham 1 Bedroom Apartments | $1,600 | $1,400 | $1,800 |
| Cheap Markham 2 Bedroom Apartments | $2,130 | $1,300 | $3,295 |
| Cheap Markham 3 Bedroom Apartments | $3,093 | $2,300 | $3,887 |
| Cheap Markham 4 Bedroom Apartments | $20,348 | $10,000 | $10,000+ |
Browse Top Apartments in Markham
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Markham, IL Local Guide
- Markham Neighborhoods
- Nearby Cities
- ZIP codes
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- School Districts
Cheapest Available Markham Apartments for Rent
 The cheapest available apartment rental in Markham, IL is a 1 Bed unit found at 304 East 147th Street Harvey, IL 60426 in the College District neighborhood priced from $955. 136 E 155th St Harvey, IL 60426 in the College District neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,105. Here is today’s list of the most affordable Markham apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 304 East 147th Street Harvey, IL 60426 | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $955 |
| 136 E 155th St Harvey, IL 60426 | 3 Bedroom 1 Bath Apartment | 3BR,1BA | $1,105 |
| Rustic Oaks | One Bedroom Premium | 1BR,1BA | $1,325 |
| One Fifty Seven Oak Forest | 2BR/2.0BA | 2BR,2BA | $2,445 |
Best Value Apartments for Rent in Markham, IL
As of January 25, 2026 the best value apartment in the Markham area is the $2.42 price per square foot 2BR/2.0BA Model at One Fifty Seven Oak Forest in the in the Country Aire neighborhood starting from $2,445. The second greatest value Markham apartment is the 18321 Morris Ave Model at 18321 Morris Ave, Unit 100 starting at $1,300 with a $1.44 price per square foot in the Stonebridge neighborhood. Here is today’s list of the best values for Markham apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| One Fifty Seven Oak Forest | 2BR/2.0BA | 2BR,2BA | $2.42 |
| 18321 Morris Ave, Unit 100 | 18321 Morris Ave | 2BR,1BA | $1.44 |
| 136 E 155th St Harvey, IL 60426 | 3 Bedroom 1 Bath Apartment | 3BR,1BA | $1.41 |
| Rustic Oaks | One Bedroom Premium | 1BR,1BA | $1.95 |
| 304 East 147th Street Harvey, IL 60426 | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.59 |
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 ArticleBest 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 ArticleThe 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 ArticleCash 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 ArticleA 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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Markham, IL Rentals by Map
See the most popular apartments and homes in Markham, IL
Frequently Asked Questions about Cheap Markham Apartments
What is the lowest price for a Cheap Two Bedroom Markham Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Markham is starting from $2,445 at One Fifty Seven Oak Forest.
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
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.

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

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.

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.

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.

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.