
Cheap Apartments for Rent in Park Ridge, IL from $700 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Park Ridge.


1710-1716 W Touhy Ave

2 S. Greenwood

7251-7259 Lawrence

Mont Clare

4938 N Leonard Dr

Total Monthly Price
5939 N Northwest Hwy, Unit #3C

Total Monthly Price
Courts of the Fountains

5310 N Chester Ave
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.

Park Ridge Commons

The Pavilion

7245 W Lawrence Ave

10413 Dearlove Rd

Total Monthly Price
7632 N Milwaukee Ave, Unit ONE BED

Total Monthly Price
7630 N Milwaukee Ave, Unit ONE BED

Total Monthly Price
7628 N Milwaukee Ave, Unit ONE BED

Total Monthly Price
7626 N Milwaukee Ave, Unit ONE BEDROOM

Des Plaines Tower
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.

Legacy Crossings

Glen Oaks Commons

Courtyards On The Park

The Residences at Sawmill Station

Oak Trails Apartments

2555 E Ballard Rd

5230 N Delphia Ave

5935 N Northwest Hwy

6173-6179 N Northwest Hwy
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!

Catherine Courts

9829 Lawrence Ct

Park Colony Apartments

The Wright Building

Park Lane Apartments

7195 Barry St

Glenview West

Nordica Apartments

7225-7229 W Higgins Ave
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.

1376-1384 Brown St

10450 Ann Ct

10201 Dearlove Rd

6911 N Rosemary Ln

Deluxe Two Bedroom Condo

1475 Ashland Ave

8524-8532 W Gregory St

6654 W Devon Ave

4747 N Ronald St
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.

Celebrate Senior Living

6874 N NW Highway

7005 W Gunnison St

386 Oak Trails Rd
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 | $1,665 | $1,150 | $3,230 |
| Cheap Park Ridge 1 Bedroom Apartments | $2,084 | $1,000 | $3,926 |
| Cheap Park Ridge 2 Bedroom Apartments | $2,730 | $1,395 | $5,261 |
| Cheap Park Ridge 3 Bedroom Apartments | $4,600 | $2,000 | $10,000+ |
| Cheap Park Ridge 4 Bedroom Apartments | $8,443 | $8,443 | $8,443 |
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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 7251-7259 Lawrence | No Vacancy | 1BR,1BA | $1,150 |
| Mont Clare | S3RR | Studio,1BA | $1,191 |
| 7245 W Lawrence Ave | 2BD/1BA | 2BR,1BA | $1,395 |
| Des Plaines Tower | Studio - (No W/D in Unit) | Studio,1BA | $1,500 |
| Park Ridge Commons | SEVEN60 | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| River 595 | Wright w/ Den | 2BR,2BA | $1.82 |
| 7202 W Crain St, Unit #2 | 7202 W Crain St | 3BR,1.5BA | $1.85 |
| Oak Trails Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.45 |
| 10380 Michael Todd Terrace, Unit 2W | 10380 Michael Todd Terrace | 2BR,1BA | $1.55 |
| 8614 W Berwyn Ave | 2BD/1BA | 2BR,1BA | $1.63 |
| 1004 S River Rd, Unit 304 | 1004 S River Rd | 2BR,1BA | $1.75 |
| 7245 W Lawrence Ave | 2BD/1BA | 2BR,1BA | $1.40 |
| 1639 Oakwood Ave, Unit 201 | 1639 Oakwood Ave | 2BR,1BA | $1.94 |
| 7251-7259 Lawrence | No Vacancy | 1BR,1BA | $1.44 |
| 5939 N Northwest Hwy, Unit #3C | 5939 N Northwest Hwy | 1BR,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.
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 ArticleCash 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.
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
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

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

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.

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.

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.

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.