Cheap Homes for Rent in Ridgeland Neighborhood of Oak Park, IL from $1,100 (15 Rentals)

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Search the lowest-cost Homes available for rent right now in the Ridgeland area of Oak Park.

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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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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property at 405 Home Ave

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450

1 Bedroom, 1 Bath Condo for Rent

Available Jul 1

405 Home Ave, Unit 302

405 Home Ave
Oak ParkIL60302

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.

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Showing Results 1-15, Page 1 of 1

Ridgeland, Oak Park, IL Local Guide

Cheapest Available Ridgeland Apartments for Rent

 

The cheapest available apartment rental in the Ridgeland area of Chicago, IL is a Studio unit found at 5957 W Madison priced from $915. 5948 W Superior has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here are the most affordable Ridgeland apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
5957 W MadisonStudio ApartmentStudio,1BA$915
5948 W SuperiorStudio ApartmentStudio,1BA$1,100
310 N Menard1 Bedroom 1 Bath Apartment1BR,1BA$1,135
5800 W Iowa1 Bedroom 1 Bath Apartment with Dining1BR,1BA$1,160
703 N Austin1 Bedroom 1 Bath Apartment with Dining1BR,1BA$1,260

Best Value Apartments for Rent in Ridgeland, IL

As of June 04, 2026 the best value apartment in the Ridgeland area is the $1.33 price per square foot 5678 W Washington Blvd Model at 5678 W Washington Blvd, Unit #3 in the in the Ridgeland neighborhood starting from $2,400. The second greatest value Ridgeland apartment is the 62 Washington Blvd Model at 62 Washington Blvd, Unit 3 starting at $1,800 with a $1.20 price per square foot in the Oak Park Historic District neighborhood. Here is today’s list of the best values for Ridgeland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5678 W Washington Blvd, Unit #35678 W Washington Blvd3BR,1BA$1.33
62 Washington Blvd, Unit 362 Washington Blvd2BR,1BA$1.20
60 Washington Blvd, Unit 260 Washington Blvd2BR,2BA$1.33
1102 N Central Ave, Unit 21102 N Central Ave1BR,1BA$1.58
432-438 N. Austin Blvd.432 N. Austin A & 438 N. Austin H2BR,1BA$1.77
47 Washington, Unit 49-A47 Washington1BR,1BA$1.67
515 South Blvd515 South BlvdStudio ,1BA$1.56
1228-1230 N. Austin Blvd.1230 Austin A1BR,1BA$1.52
24-32 Washington Blvd.26 Washington A & B & 30 Washington A & B1BR,1BA$1.79
310 N Menard1 Bedroom 1 Bath Apartment1BR,1BA$1.57

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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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Ridgeland, Oak Park, IL

Ranked #2

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Ridgeland, Oak Park, IL

School data provided by Great Schools

Frequently Asked Questions about Ridgeland

What type of rentals are currently available in Ridgeland?

There are currently 405 Apartments for Rent in Ridgeland, IL with pricing that ranges from $915 to $7,015. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ridgeland ranging from $1,100 to $4,200.

What is the current price range for Rental Homes in Ridgeland?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ridgeland ranges from $1,100 to $4,200 with an average monthly rent of $2,190.

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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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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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.

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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.

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

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