
Cheap Apartments for Rent in Park Ridge, IL from $700 (56 Rentals)
Search the lowest-cost Apartments available for rent right now in Park Ridge.


304 W Touhy Ave

7251-7259 Lawrence

Mont Clare

Courts of the Fountains

The Pavilion

5930 N Odell Ave

Park Ridge Commons
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.

7245 W Lawrence Ave

7530 W Lawrence Ave

6669 W Devon Ave

10414 Michael Todd Terrace, Unit 1S

5310 N Chester Ave, Unit 518

10413 Dearlove Rd

1348 Brown St

9662 Golf Terrace

8450 Waukegan Rd, Unit 1

8500 Waukegan Rd, Unit 5
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.

7632 N Milwaukee Ave, Unit ONE BED

7630 N Milwaukee Ave, Unit ONE BED

7628 N Milwaukee Ave, Unit ONE BED

7626 N Milwaukee Ave, Unit ONE BEDROOM

Des Plaines Tower

Legacy Crossings

Courtyards On The Park

Glen Oaks Commons

4752 N Olcott Ave

2555 E Ballard Rd
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
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Oak Trails Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Park Ridge, IL Local Guide

How much does it cost to rent an apartment in Park Ridge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Park Ridge Studio Apartments | $1,537 | $1,050 | $2,905 |
| Cheap Park Ridge 1 Bedroom Apartments | $1,976 | $1,000 | $3,771 |
| Cheap Park Ridge 2 Bedroom Apartments | $2,591 | $1,395 | $5,261 |
| Cheap Park Ridge 3 Bedroom Apartments | $4,036 | $1,995 | $10,000+ |
| Cheap Park Ridge 4 Bedroom Apartments | $5,794 | $5,794 | $5,794 |
Browse Top Apartments in Park Ridge
See all Apartments in Park RidgeExplore Park Ridge
Park Ridge, IL Local Guide
- Park Ridge Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Park Ridge Apartments for Rent
 The cheapest available apartment rental in Park Ridge, IL is a Studio unit found at Mont Clare in the Norwood Park neighborhood priced from $1,140. 7251-7259 Lawrence in the Dunning neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here is today’s list of the most affordable Park Ridge apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mont Clare | S3RR | Studio,1BA | $1,140 |
| 7251-7259 Lawrence | No Vacancy | 1BR,1BA | $1,150 |
| The Pavilion | 1B | 1BR,1BA | $1,377 |
| 7245 W Lawrence Ave | 2BD/1BA | 2BR,1BA | $1,395 |
| 304 W Touhy Ave | Junior 1 Bed #34 | 1BR,1BA | $1,450 |
| Park Ridge Commons | EIGHT70 | 1BR,1BA | $1,499 |
Best Value Apartments for Rent in Park Ridge, IL
As of December 18, 2025 the best value apartment in the Park Ridge area is the $1.25 price per square foot 860 N Northwest Hwy Model at 860 N Northwest Hwy, Unit 2 in the in the Northwest Chicago neighborhood starting from $2,740. The second greatest value Park Ridge apartment is the Schindler w/ Den Model at River 595 starting at $2,579 with a $1.86 price per square foot in the Metropolitan Square neighborhood. Here is today’s list of the best values for Park Ridge apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 860 N Northwest Hwy, Unit 2 | 860 N Northwest Hwy | 3BR,2BA | $1.25 |
| River 595 | Schindler w/ Den | 2BR,2BA | $1.86 |
| 7202 W Crain St, Unit #2 | 7202 W Crain St | 3BR,1.5BA | $1.83 |
| 8537 W Foster Ave, Unit #1 | 8537 W Foster Ave | 3BR,1BA | $1.67 |
| 10380 Michael Todd Terrace, Unit 2W | 10380 Michael Todd Terrace | 2BR,1BA | $1.55 |
| 1653 Oakwood Ave, Unit 2B | 1653 Oakwood Ave | 2BR,1BA | $1.76 |
| 7245 W Lawrence Ave | 2BD/1BA | 2BR,1BA | $1.40 |
| 1004 S River Rd, Unit 304 | 1004 S River Rd | 2BR,1BA | $1.85 |
| 8614 W Berwyn Ave | 2BD/1BA | 2BR,1BA | $1.70 |
| 7251-7259 Lawrence | No Vacancy | 1BR,1BA | $1.44 |
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 ArticleBest 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
Read ArticleThe 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.
Read ArticleA 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
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.
Best Local Schools in Park Ridge, IL
Maine South High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Park Ridge, IL Rentals by Map
See the most popular apartments and homes in Park Ridge, IL
Getting Around Park Ridge, IL
Walk Score®
74 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
56 / 100
Bikeable
Some bike infrastructure
Transit Score®
42 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,140.
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 Glen Oaks Commons and starts from $2,494.
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
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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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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.

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Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.




















