
Cheap Apartments for Rent in the Downtown Maywood Neighborhood of Maywood, IL from $600 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Maywood area of Maywood.


The Maywood Apartments

601-611 Lake St

824-826 S 17th Ave

1702-1706 W St. Charles Rd

1014 S 11th St

1008 Orchard Ave

900 Saint Charles Rd

4-10 N 3rd Ave
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.

406 Oak St

1820 S 2nd Ave

132 S 6th Ave

1018 Madison St

1112 S Orchard Ave

1010 S 2nd

102 S 17th

404 School

15Warren Luxury Apartments
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.

701 S 5th Ave

Erie Lake Apartments

Fifth Avenue Apartments

900 S 2nd Ave

Quincy Building

Garden House of Maywood

Goodell Place Apartments

1712 W St Charles Rd

1010-1016 Greenwood Ave
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.

Maywood Phoenix Homes

The Residences at the Grove

901-903 N 18th Ave

1419 Lake

402 Franklin Ave

444 Ashland Ave

416-420 Thatcher Ave

442 Jackson Blvd

1360 N 1st Ave
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.

104 N 13th Ave

7952-7956 W Madison St

1400 N 1st Ave

533-539 Jackson Blvd

850 Des Plaines Ave

7820 Madison St

7745 Adams St

7-9 Park Ave

MADISON WEST
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

411-419 Thatcher Ave.

100-104 N 13th Ave

The Altenheim

Melrose Park - Safe Haven Veterans Village
Downtown Maywood, Maywood, IL Local Guide

How much does it cost to rent an apartment in Downtown Maywood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Maywood 1 Bedroom Apartments | $1,300 | $1,300 | $1,300 |
Browse Apartments in this Neighborhood
There are currently 49 rentals with your search options within a 1 mile radius of the Downtown Maywood Neighborhood of Maywood, IL.
See all Apartments in MaywoodExplore Maywood
Downtown Maywood, Maywood, IL Local Guide
- Nearby Maywood neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Maywood Apartments for Rent
 The cheapest available apartment rental in the Downtown Maywood area of Chicago, IL is a Studio unit found at 1010 S 2nd priced from $995. 102 S 17th has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,485. Here are the most affordable Downtown Maywood apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1010 S 2nd | Studio Apartment | Studio,1BA | $995 |
| 102 S 17th | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1,485 |
| 404 School | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1,565 |
Best Value Apartments for Rent in Downtown Maywood, IL
As of May 17, 2026 the best value apartment in the Downtown Maywood area is the $2.12 price per square foot 2 Bedroom 1 Bath Apartment Model at 404 School in the in the Downtown Maywood neighborhood starting from $1,565. The second greatest value Downtown Maywood apartment is the 2 Bedroom 1 Bath Apartment Model at 102 S 17th starting at $1,485 with a $2.12 price per square foot in the North Maywood neighborhood. Here is today’s list of the best values for Downtown Maywood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 404 School | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $2.12 |
| 102 S 17th | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $2.12 |
| 149 S 14th Ave, Unit 149 s 14th ave maywood | 149 S 14th Ave | 1BR,1BA | $2.71 |
| 1010 S 2nd | Studio Apartment | Studio ,1BA | $2.49 |
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.
Read ArticleReal 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.
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.
Pet Friendly LifestyleDowntown Maywood, Maywood, IL
Ranked #5
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Downtown Maywood, Maywood, IL
Emerson Elementary School
Proviso East High School
Washington Dual Language Academy
School data provided by Great Schools
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

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.

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.

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.