Cheap Apartments for Rent in Park Ridge, IL from $700 (34 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

close
View Me
5935 N Northwest Hwy
Studio to 2 Bedroom Apartments

5935 N Northwest Hwy

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

6173-6179 N Northwest Hwy

6173-6179 N Northwest HwyChicago, IL 60631
  • Utilities Included
  • Smoke Free
close
View Me
Catherine Courts
Studio to 2 Bedroom Apartments

Catherine Courts

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

9829 Lawrence Ct

9829 Lawrence CtSchiller Park, IL 60176
  • Utilities Included
close
View Me
Park Colony Apartments
1 Bedroom Apartments

Park Colony Apartments

9350 Congress RdDes Plaines, IL 60016
  • Utilities Included
close
View Me
The Wright Building
1 Bedroom Apartments

The Wright Building

712-716 Lee StDes Plaines, IL 60016
  • 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.

close
View Me
Park Lane Apartments
1 to 2 Bedroom Apartments

Park Lane Apartments

2051 Ash StDes Plaines, IL 60018
  • Utilities Included
close
View Me
7195 Barry St
1 to 2 Bedroom Apartments

7195 Barry St

7195 Barry StRosemont, IL 60018
close
View Me
Glenview West
Studio Apartments

Glenview West

4202-4208 Central RdGlenview, IL 60025
close
View Me
Nordica Apartments
2 Bedroom Apartments

Nordica Apartments

7740-7860 N Nordica AveNiles, IL 60714
  • Utilities Included
  • Smoke Free
close
View Me
1376 Brown
1 Bedroom Apartments

1376 Brown

1376-1384 Brown StDes Plaines, IL 60016
close
View Me
10450 Ann Ct
2 Bedroom Apartments

10450 Ann Ct

10450 Ann CtRosemont, IL 60018
  • Utilities Included
close
View Me
10201 Dearlove Rd
1 Bedroom Apartments

10201 Dearlove Rd

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

6911 N Rosemary Ln

6911 N Rosemary LnNiles, IL 60714
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

close
View Me
5357 N East River Rd
2 Bedroom Apartments

5357 N East River Rd

5357 N East River RdChicago, IL 60656
  • Utilities Included
close
View Me
6654 W Devon Ave
2 Bedroom Apartments

6654 W Devon Ave

6654 W Devon AveChicago, IL 60631
  • Utilities Included

Park Ridge, IL Local Guide

Cheapest Available Park Ridge Apartments for Rent

 

The cheapest available apartment rental in Park Ridge, IL is a Studio unit found at 7251-7259 Lawrence in the Dunning neighborhood priced from $900. Mont Clare in the Norwood Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,300. Here is today’s list of the most affordable Park Ridge apartments for rent:

Apartment ListingModel NameBed/BathPriced From
7251-7259 LawrencestudioStudio,1BA$900
Mont ClareS3Studio,1BA$1,300
The PavilionSA Renovation 2Studio,1BA$1,315
Park Ridge CommonsFIVE201BR,1BA$1,409
304 W Touhy AveJr. 1 Bedroom, #341BR,1BA$1,450
Legacy CrossingsHoldenStudio,1BA$1,500
Glen Oaks CommonsEnglish Oak1BR,1BA$1,510

Best Value Apartments for Rent in Park Ridge, IL

As of June 26, 2025 the best value apartment in the Park Ridge area is the $1.20 price per square foot 8668 W Carmen Ave Model at 8668 W Carmen Ave, Unit 1 in the in the Irving Woods neighborhood starting from $2,400. The second greatest value Park Ridge apartment is the B7 - Two Bedroom Two Bath Model at Kingston Pointe Apartments starting at $2,710 with a $1.95 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 ListingModel NameBed/BathPrice Per Sq.Ft.
8668 W Carmen Ave, Unit 18668 W Carmen Ave3BR,1.5BA$1.20
Kingston Pointe ApartmentsB7 - Two Bedroom Two Bath2BR,2BA$1.95
Vine Place Apartments2BR/2.0BA2BR,2BA$2.18
8022 Oriole Ave, Unit 1 floor8022 Oriole Ave2BR,1.5BA$1.75
5930 N Northwest Hwy, Unit #1A5930 N Northwest Hwy2BR,1BA$1.50
10380 Michael Todd Terrace, Unit GE10380 Michael Todd Terrace1BR,1BA$1.44
Des Plaines Tower1 Bed 1 Bath - (No W/D in unit)1BR,1BA$2.21
Glen Oaks CommonsEnglish Oak1BR,1BA$2.01
9608 N Greenwood Ave, Unit 2nd West9608 N Greenwood Ave1BR,1BA$2.07
9504 Lawrence Ct, Unit 2 N9504 Lawrence Ct1BR,1BA$2.00

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Park Ridge, IL Rentals by Map

View MapPark Ridge, IL Apartments MapView MapPark Ridge, IL Rental Homes Map

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

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 7251-7259 Lawrence listed at $900.

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

The lowest price for a Cheap One Bedroom Park Ridge Apartment is $1,409 at Park Ridge Commons.

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 $1,200 at 7251-7259 Lawrence.

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 $3,327.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.