Cheap Apartments for Rent in the Timber Ridge Neighborhood of Matteson, IL from $700 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Timber Ridge area of Matteson.

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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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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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4117 Lindenwood Dr
1 to 2 Bedroom Apartments

4117 Lindenwood Dr

4117 Lindenwood DrMatteson, IL 60443
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Lindenwood Courts
1 to 2 Bedroom Apartments

Lindenwood Courts

4206 Lindenwood DrMatteson, IL 60443
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Maple Brook
3 Bedroom Apartments

Maple Brook

21635 Ridgeland DrMatteson, IL 60443
Senior Living

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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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Cedar Ridge Apartments
1 to 3 Bedroom Apartments

Cedar Ridge Apartments

950 Cedar Ridge LnRichton Park, IL 60471
Senior Living
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Timber Ridge, Matteson, IL Local Guide

Cheapest Available Timber Ridge Apartments for Rent

 

The cheapest available apartment rental in the Timber Ridge area of Chicago, IL is a 2 Beds unit found at Carriage Creek Apartments priced from $1,025. Cedar Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,299. Here are the most affordable Timber Ridge apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Carriage Creek Apartments1 bedroom2BR,1BA$1,025
Cedar Ridge Apartments1 Bed 1 Bath1BR,1BA$1,299
Richton Trail2 Beds, 1 bath2BR,1BA$1,475
Arbors at Hickory CreekAspen1BR,1BA$1,613
Park Towers Apartment HomesTwo Bedroom 2 Bath-910 sqft2BR,2BA$1,620

Best Value Apartments for Rent in Timber Ridge, IL

As of December 13, 2025 the best value apartment in the Timber Ridge area is the $2.14 price per square foot Goddard - 3 Bed 2.5 Bath Model at Manors at Brookmere in the in the Southwick Courtyards neighborhood starting from $3,120. The second greatest value Timber Ridge apartment is the Two Bedroom 2 Bath-910 sqft Model at Park Towers Apartment Homes starting at $1,660 with a $1.82 price per square foot in the Lincoln Station neighborhood. Here is today’s list of the best values for Timber Ridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Manors at BrookmereGoddard - 3 Bed 2.5 Bath3BR,2.5BA$2.14
Park Towers Apartment HomesTwo Bedroom 2 Bath-910 sqft2BR,2BA$1.82
Carriage Creek Apartments2 bedroom2BR,1BA$1.42
Richton Trail2 Beds, 1 bath2BR,1BA$1.84
Arbors at Hickory CreekAspen1BR,1BA$2.03
Matteson Blu2 Bedrooms, 1 Bathroom2BR,1BA$2.74
Cedar Ridge Apartments1 Bed 1 Bath1BR,1BA$2.06

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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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Illinois, including Matteson. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and proximity to parks, multifamily communities for the kids, raising pets, transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Timber Ridge Apartments

What is the price of a cheap apartment in Timber Ridge?

The cheapest apartment in Timber Ridge is Cedar Ridge Apartments which is listed at $1,299, while the average apartment in Timber Ridge costs $10,917.

What types of apartments are the cheapest in Timber Ridge?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Timber Ridge that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Timber Ridge?

Cheap apartments in Timber Ridge have an average cost of $569 which is $10,348 cheaper than the average rent for all rentals in Timber Ridge.

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

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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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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.