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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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

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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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Richton Square Apartments
1 to 2 Bedroom Apartments

Richton Square Apartments

22300 Richton Square RdRichton Park, IL 60471
  • Utilities Included
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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

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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 Studio unit found at Carriage Creek Apartments priced from $1,125. Park Towers Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,405. Here are the most affordable Timber Ridge apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Carriage Creek ApartmentsStudio GardenStudio,1BA$1,125
Park Towers Apartments1 Bed 1 Bath A1BR,1BA$1,405
Cedar Ridge Apartments2 Bed 1 Bath2BR,1BA$1,529
Matteson Blu1 Bedroom, 1 Bathroom1BR,1BA$1,755
Manors at BrookmereGoddard - 3 Bed 2.5 Bath3BR,2BA$3,120

Best Value Apartments for Rent in Timber Ridge, IL

As of April 27, 2026 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 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 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 Apartments2 Bed 2 Bath A Remodel2BR,2BA$1.97
Cedar Ridge Apartments2 Bed 1 Bath2BR,1BA$1.72
Matteson Blu1 Bedroom, 1 Bathroom1BR,1BA$2.93
Carriage Creek ApartmentsStudio GardenStudio ,1BA$2.09

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.

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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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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.

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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 $1,205 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 $1,300 at Carriage Creek Apartments.

What is the most affordable Timber Ridge Three Bedroom Apartment?

The best deal on a cheap Timber Ridge Three Bedroom Apartment rental is at Matteson Blu and starts from $2,540.

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.

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Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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