
Cheap Apartments for Rent in the Edison Neighborhood of Park Ridge, IL from $1,300 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Edison area of Park Ridge.


1027 W Touhy Ave
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.

The Residences at Sawmill Station

7560 W Touhy Ave, Unit 2nd Floor
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.
Edison, Park Ridge, IL Local Guide

How much does it cost to rent an apartment in Edison?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Edison Studio Apartments | $1,968 | $1,917 | $2,221 |
Edison 1 Bedroom Apartments | $2,992 | $1,450 | $4,684 |
Edison 2 Bedroom Apartments | $3,240 | $1,395 | $6,803 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 1 mile radius of the Edison Neighborhood of Park Ridge, IL.
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Edison, Park Ridge, IL Local Guide
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Cheapest Available Edison Apartments for Rent
 The cheapest available apartment rental in the Edison area of Chicago, IL is a 1 Bed unit found at 304 W Touhy Ave priced from $1,450. 1027 W Touhy Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,095. Here are the most affordable Edison apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
304 W Touhy Ave | Jr. 1 Bedroom, #34 | 1BR,1BA | $1,450 |
1027 W Touhy Ave | 2 Bedroom 2 Bath | 2BR,2BA | $2,095 |
The Residences at Sawmill Station | A2 | 1BR,1BA | $2,394 |
Park 205 Apartments | Hodges | 1BR,1BA | $2,690 |
Best Value Apartments for Rent in Edison, IL
As of June 17, 2025 the best value apartment in the Edison area is the $3.52 price per square foot Hodges Model at Park 205 Apartments in the in the Edison neighborhood starting from $2,690. The second greatest value Edison apartment is the A2 Model at The Residences at Sawmill Station starting at $2,394 with a $3.34 price per square foot in the Gross Point neighborhood. Here is today’s list of the best values for Edison apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Park 205 Apartments | Hodges | 1BR,1BA | $3.52 |
The Residences at Sawmill Station | A2 | 1BR,1BA | $3.34 |
1027 W Touhy Ave | 2 Bedroom 2 Bath | 2BR,2BA | $3.01 |
6689 N Olmsted Ave, Unit 2R | 6689 N Olmsted Ave | 1BR,1BA | $2.81 |
304 W Touhy Ave | Jr. 1 Bedroom, #34 | 1BR,1BA | $2.64 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleEdison, Park Ridge, IL
Ranked #1
Among neighborhoods in Park Ridge, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Edison Apartments
How much is rent for a Cheap One Bedroom Edison Apartment?
The lowest price for a Cheap One Bedroom Edison Apartment is $1,450 at 304 W Touhy Ave.
What is the lowest price for a Cheap Two Bedroom Edison Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Edison is starting from $2,095 at 1027 W Touhy Ave.
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.

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.

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.

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.

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.