Cheap Apartments for Rent in Matteson, IL from $700 (32 Rentals)

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21133 Kildare Ave
1 to 2 Bedroom Apartments

21133 Kildare Ave

21133 Kildare AveMatteson, IL 60443
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4316 Lindenwood Dr
1 to 2 Bedroom Apartments

4316 Lindenwood Dr

4316 Lindenwood DrMatteson, IL 60443
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4117 Lindenwood Dr
1 to 2 Bedroom Apartments

4117 Lindenwood Dr

4117 Lindenwood DrMatteson, IL 60443

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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Lindenwood Courts
1 to 2 Bedroom Apartments

Lindenwood Courts

4206 Lindenwood DrMatteson, IL 60443
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Manors at Brookmere
2 to 3 Bedroom Apartments

Manors at Brookmere

4962 Bennett StMatteson, IL 60443
Corporate Housing
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Maple Brook
3 Bedroom Apartments

Maple Brook

21635 Ridgeland DrMatteson, IL 60443
Senior Living

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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474 W 14th Pl
Studio Apartments

474 W 14th Pl

474 W 14th PlChicago Heights, IL 60411

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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502 W Lincoln Hwy
Studio Apartments

502 W Lincoln Hwy

502 W Lincoln HwyChicago Heights, IL 60411
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484 Hickory St
3 Bedroom Apartments

484 Hickory St

484 Hickory StChicago Heights, IL 60411
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1430 Donovan Dr
1 to 2 Bedroom Apartments

1430 Donovan Dr

1430 Donovan DrChicago Heights, IL 60411
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450-480 W 16th St
Studio to 3 Bedroom Apartments

450-480 W 16th St

450-480 W 16th StChicago Heights, IL 60411
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Richton Square Apartments
1 to 2 Bedroom Apartments

Richton Square Apartments

22300 Richton Square RdRichton Park, IL 60471
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Central Park
1 to 3 Bedroom Apartments

Central Park

11 Fir StPark Forest, IL 60466
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Cedar Ridge Apartments
1 to 3 Bedroom Apartments

Cedar Ridge Apartments

950 Cedar Ridge LnRichton Park, IL 60471
Senior Living
  • Utilities Included

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.

Matteson, IL Local Guide

Cheapest Available Matteson Apartments for Rent

 

The cheapest available apartment rental in Matteson, IL is a 1 Bed unit found at Carriage Creek Apartments in the Lincoln Station neighborhood priced from $1,185. Park Towers Apartments in the Lincoln Station neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,405. Here is today’s list of the most affordable Matteson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Carriage Creek Apartments1 Bed 1 Bath Garden A1BR,1BA$1,185
Park Towers Apartments1 Bed 1 Bath A1BR,1BA$1,405
Olympic Village ApartmentsThe Maple2BR,1BA$1,440
Oakwood Townhomes1 Bedroom 1 Bath Townhome Renovated1BR,1BA$1,475
Arbors at Hickory CreekAspen1BR,1BA$1,525
Cedar Ridge Apartments2 Bed 1 Bath2BR,1BA$1,529
Matteson Blu2 Bedrooms, 1 Bathroom2BR,1BA$1,930

Best Value Apartments for Rent in Matteson, IL

As of June 06, 2026 the best value apartment in the Matteson area is the $1.97 price per square foot 2 Bed 2 Bath A Remodel Model at Park Towers Apartments in the in the Lincoln Station neighborhood starting from $1,795. The second greatest value Matteson apartment is the The Maple Model at Olympic Village Apartments starting at $1,440 with a $1.60 price per square foot in the Indian Hill neighborhood. Here is today’s list of the best values for Matteson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Park Towers Apartments2 Bed 2 Bath A Remodel2BR,2BA$1.97
Olympic Village ApartmentsThe Maple2BR,1BA$1.60
Cedar Ridge Apartments2 Bed 1 Bath2BR,1BA$1.72
Arbors at Hickory CreekAspen1BR,1BA$1.92
Matteson Blu2 Bedrooms, 1 Bathroom2BR,1BA$2.66
Oakwood Townhomes1 Bedroom 1 Bath Townhome Renovated1BR,1BA$2.09
Carriage Creek Apartments1 Bed 1 Bath Garden A1BR,1BA$1.91

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Frequently Asked Questions about Cheap Matteson Apartments

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

The lowest price for a Cheap One Bedroom Matteson Apartment is $1,185 at Carriage Creek Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Matteson is starting from $1,300 at Carriage Creek Apartments.

What is the most affordable Matteson Three Bedroom Apartment?

The best deal on a cheap Matteson Three Bedroom Apartment rental is at Oakwood Townhomes and starts from $1,995.

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

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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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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

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.