Cheap Apartments for Rent in Park Ridge, IL from $700 (49 Rentals)

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Search the lowest-cost Apartments available for rent right now in Park Ridge.

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2 S. Greenwood
1 to 3 Bedroom Apartments

2 S. Greenwood

2 S Greenwood AvePark Ridge, IL 60068
  • Utilities Included
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Courts of the Fountains
$1,180 - $1,520
Total Monthly Price

Total Monthly Price

Base Rent
$1,165 - $1,505
Required Monthly Fees
$15

Total Monthly Price
$1,180 - $1,520
Studio to 1 Bedroom Apartments Contact Us For Availability

Courts of the Fountains

8642 Golf RdDes Plaines, IL 60016
Affordability
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  • Utilities Included

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.

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.

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5935 N Northwest Hwy
Studio to 2 Bedroom Apartments

5935 N Northwest Hwy

5935 N Northwest HwyChicago, IL 60631
  • Utilities Included
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6173-6179 N Northwest Hwy
Studio Apartments

6173-6179 N Northwest Hwy

6173-6179 N Northwest HwyChicago, IL 60631
  • Utilities Included
  • Smoke Free

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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Catherine Courts
Studio to 2 Bedroom Apartments

Catherine Courts

8503 W Catherine AveChicago, IL 60656
  • Utilities Included
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9829 Lawrence Ct
1 to 2 Bedroom Apartments

9829 Lawrence Ct

9829 Lawrence CtSchiller Park, IL 60176
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Park Colony Apartments
1 to 2 Bedroom Apartments

Park Colony Apartments

9350 Congress RdDes Plaines, IL 60016
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The Wright Building
1 Bedroom Apartments

The Wright Building

712-716 Lee StDes Plaines, IL 60016
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Park Lane Apartments
1 to 2 Bedroom Apartments

Park Lane Apartments

2051 Ash StDes Plaines, IL 60018
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7195 Barry St
1 to 2 Bedroom Apartments

7195 Barry St

7195 Barry StRosemont, IL 60018
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Glenview West
Studio Apartments

Glenview West

4202-4208 Central RdGlenview, IL 60025
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Nordica Apartments
1 to 3 Bedroom Apartments

Nordica Apartments

7740-7860 N Nordica AveNiles, IL 60714
  • Utilities Included
  • Smoke Free

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.

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1376-1384 Brown St
1 Bedroom Apartments

1376-1384 Brown St

1376-1384 Brown StDes Plaines, IL 60016
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10450 Ann Ct
1 to 2 Bedroom Apartments

10450 Ann Ct

10450 Ann CtRosemont, IL 60018
  • Utilities Included
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10201 Dearlove Rd
1 to 2 Bedroom Apartments

10201 Dearlove Rd

10201 Dearlove RdGlenview, IL 60025
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6911 N Rosemary Ln
2 Bedroom Apartments

6911 N Rosemary Ln

6911 N Rosemary LnNiles, IL 60714
  • Utilities Included
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1475 Ashland Ave
1 to 2 Bedroom Apartments

1475 Ashland Ave

1475 Ashland AveDes Plaines, IL 60016
  • Utilities Included
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8524-8532 W Gregory St
Studio to 2 Bedroom Apartments

8524-8532 W Gregory St

8524-8532 W Gregory StChicago, IL 60656
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6654 W Devon Ave
1 to 2 Bedroom Apartments

6654 W Devon Ave

6654 W Devon AveChicago, IL 60631
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4747 N Ronald St
Studio to 2 Bedroom Apartments

4747 N Ronald St

4747 N Ronald StHarwood Heights, IL 60706
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Celebrate Senior Living
Studio to 1 Bedroom Apartments

Celebrate Senior Living

7000 N Newark AveNiles, IL 60714
Senior Living
  • Utilities Included
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6874 N NW Highway
2 Bedroom Apartments

6874 N NW Highway

6874-6876 N Northwest HwyChicago, IL 60631
  • Utilities Included
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7005 W Gunnison St
1 to 2 Bedroom Apartments

7005 W Gunnison St

7005 W Gunnison StHarwood Heights, IL 60706
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386 Oak Trails Rd
2 Bedroom Apartments

386 Oak Trails Rd

386 Oak Trails RdDes Plaines, IL 60016

Park Ridge, IL Local Guide

Cheapest Available Park Ridge Apartments for Rent

 

The cheapest available apartment rental in Park Ridge, IL is a 1 Bed unit found at 7251-7259 Lawrence in the Dunning neighborhood priced from $1,150. Mont Clare in the Norwood Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,191. Here is today’s list of the most affordable Park Ridge apartments for rent:

Apartment ListingModel NameBed/BathPriced From
7251-7259 LawrenceNo Vacancy1BR,1BA$1,150
Mont ClareS3RRStudio,1BA$1,191
7245 W Lawrence Ave2BD/1BA2BR,1BA$1,395
Des Plaines TowerStudio - (No W/D in Unit)Studio,1BA$1,500
Park Ridge CommonsSEVEN601BR,1BA$1,519

Best Value Apartments for Rent in Park Ridge, IL

As of February 10, 2026 the best value apartment in the Park Ridge area is the $1.82 price per square foot Wright w/ Den Model at River 595 in the in the Metropolitan Square neighborhood starting from $2,692. The second greatest value Park Ridge apartment is the 7202 W Crain St Model at 7202 W Crain St, Unit #2 starting at $2,400 with a $1.85 price per square foot in the Near North Suburban Cook neighborhood. Here is today’s list of the best values for Park Ridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River 595Wright w/ Den2BR,2BA$1.82
7202 W Crain St, Unit #27202 W Crain St3BR,1.5BA$1.85
Oak Trails Apartments2 Bedroom, 2 Bath2BR,2BA$1.45
10380 Michael Todd Terrace, Unit 2W10380 Michael Todd Terrace2BR,1BA$1.55
8614 W Berwyn Ave2BD/1BA2BR,1BA$1.63
1004 S River Rd, Unit 3041004 S River Rd2BR,1BA$1.75
7245 W Lawrence Ave2BD/1BA2BR,1BA$1.40
1639 Oakwood Ave, Unit 2011639 Oakwood Ave2BR,1BA$1.94
7251-7259 LawrenceNo Vacancy1BR,1BA$1.44
5939 N Northwest Hwy, Unit #3C5939 N Northwest Hwy1BR,1BA$1.64

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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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Park Ridge Apartments

What is the Cheapest Studio apartment in Park Ridge?

Currently the most affordable Cheap Studio Apartment in Park Ridge is at Mont Clare listed at $1,191.

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

The lowest price for a Cheap One Bedroom Park Ridge Apartment is $1,150 at 7251-7259 Lawrence.

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

Today's best deal for a Cheap Two Bedroom Apartment in Park Ridge is starting from $1,395 at 7245 W Lawrence Ave.

What is the most affordable Park Ridge Three Bedroom Apartment?

The best deal on a cheap Park Ridge Three Bedroom Apartment rental is at The Monarch and starts from $3,150.

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

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

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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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.