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

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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4117 Lindenwood Dr
1 to 2 Bedroom Apartments

4117 Lindenwood Dr

4117 Lindenwood DrMatteson, IL 60443
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4206 Lindenwood Dr
1 to 2 Bedroom Apartments

4206 Lindenwood Dr

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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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
  • Utilities Included

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.

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 1 Bed unit found at Carriage Creek Apartments priced from $1,195. Arbors at Hickory Creek has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,375. Here are the most affordable Timber Ridge apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Carriage Creek Apartments1 Bed 1 Bath Garden A1BR,1BA$1,195
Arbors at Hickory CreekAspen1BR,1BA$1,375
Park Towers Apartment Homes1 Bed 1 Bath A1BR,1BA$1,380
Cedar Ridge Apartments2 Bed 1 Bath2BR,1BA$1,529
Matteson Blu2 Bedrooms, 1 Bathroom2BR,1BA$1,930

Best Value Apartments for Rent in Timber Ridge, IL

As of June 11, 2026 the best value apartment in the Timber Ridge area is the $1.93 price per square foot 2 Bed 2 Bath A Remodel Model at Park Towers Apartment Homes in the in the Lincoln Station neighborhood starting from $1,754. The second greatest value Timber Ridge apartment is the 2 Bed 1 Bath Model at Cedar Ridge Apartments starting at $1,529 with a $1.72 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.
Park Towers Apartment Homes2 Bed 2 Bath A Remodel2BR,2BA$1.93
Cedar Ridge Apartments2 Bed 1 Bath2BR,1BA$1.72
Arbors at Hickory CreekAspen1BR,1BA$1.73
Matteson Blu2 Bedrooms, 1 Bathroom2BR,1BA$2.66
Carriage Creek Apartments1 Bed 1 Bath Garden A1BR,1BA$1.92

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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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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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

How much is rent for a Cheap One Bedroom Timber Ridge Apartment?

The lowest price for a Cheap One Bedroom Timber Ridge Apartment is $1,195 at Carriage Creek Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Timber Ridge is starting from $1,310 at Carriage Creek Apartments.

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

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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

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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

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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.

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Articles, How-To's, and Tips

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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.

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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.