
Cheap Homes for Rent in Matteson, IL from $1,600 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Matteson.


2029 215th Pl

394 W 15th St

253 Mantua St

4442 Ascot Ct
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.

432 Hickory St

417 W Hickory St

3360 W 184th St

583 Andover St

1117 Leavitt Ave
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.

1153 Williamsburg Rd

3838-3216 216th Pl

420 Indianwood Blvd

20137 S Hampton Ct

4020 216th St
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.

209 Sauk Trail
Matteson, IL Local Guide

How much does it cost to rent a home in Matteson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Matteson 2 Bedroom Homes for Rent | $2,600 | $1,775 | $3,400 |
| Matteson 3 Bedroom Homes for Rent | $2,317 | $1,700 | $3,500 |
| Matteson 4 Bedroom Homes for Rent | $2,537 | $1,600 | $3,150 |
Browse Top Homes for Rent in Matteson
Explore Matteson
Matteson, IL Local Guide
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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 $1,180. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carriage Creek Apartments | 1 Bed 1 Bath Mid-Rise B | 1BR,1BA | $1,180 |
| Park Towers Apartments | 1 Bed 1 Bath A | 1BR,1BA | $1,405 |
| Olympic Village Apartments | The Maple | 2BR,1BA | $1,440 |
| Lindenwood Courts | 2 Bed 1 Bath Renovated | 2BR,1BA | $1,500 |
| Cedar Ridge Apartments | 2 Bed 1 Bath | 2BR,1BA | $1,529 |
Best Value Apartments for Rent in Matteson, IL
As of April 14, 2026 the best value apartment in the Matteson area is the $1.48 price per square foot 3 Bedroom 1 Bath Townhome Renovated Model at Oakwood Townhomes in the in the Lincoln Station neighborhood starting from $1,995. The second greatest value Matteson apartment is the 2 Bed 2 Bath A Remodel Model at Park Towers Apartments starting at $1,795 with a $1.97 price per square foot in the Lincoln Station neighborhood. Here is today’s list of the best values for Matteson apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Oakwood Townhomes | 3 Bedroom 1 Bath Townhome Renovated | 3BR,1BA | $1.48 |
| Park Towers Apartments | 2 Bed 2 Bath A Remodel | 2BR,2BA | $1.97 |
| Olympic Village Apartments | The Maple | 2BR,1BA | $1.60 |
| Cedar Ridge Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.72 |
| Lindenwood Courts | 2 Bed 1 Bath Renovated | 2BR,1BA | $2.07 |
| Matteson Blu | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.75 |
| Carriage Creek Apartments | 1 Bed 1 Bath Mid-Rise B | 1BR,1BA | $1.72 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 Matteson, IL Rentals by Map
See the most popular apartments and homes in Matteson, IL
Frequently Asked Questions about Matteson
What type of rentals are currently available in Matteson?
There are currently 58 Apartments for Rent in Matteson, IL with pricing that ranges from $1,100 to $18,447. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Matteson ranging from $1,600 to $3,500.
What is the current price range for Rental Homes in Matteson?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Matteson ranges from $1,600 to $3,500 with an average monthly rent of $2,484.
How much are larger Three and Four Bedroom Rentals in Matteson?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Matteson range from $1,645 to $2,540, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $10,000.
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

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.

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.

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.