Cheap Homes for Rent in Edison Neighborhood of Park Ridge, IL from $1,600 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in the Edison area of 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.

Edison, Park Ridge, IL Local Guide

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 ListingModel NameBed/BathPriced From
304 W Touhy AveJr. 1 Bedroom, #341BR,1BA$1,450
1027 W Touhy Ave2 Bedroom 2 Bath2BR,2BA$2,095
The Residences at Sawmill StationA21BR,1BA$2,394

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Park 205 ApartmentsHodges1BR,1BA$3.52
The Residences at Sawmill StationA21BR,1BA$3.34
1027 W Touhy Ave2 Bedroom 2 Bath2BR,2BA$3.01
6689 N Olmsted Ave, Unit 2R6689 N Olmsted Ave1BR,1BA$2.81
304 W Touhy AveJr. 1 Bedroom, #341BR,1BA$2.64

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Frequently Asked Questions about Edison

What type of rentals are currently available in Edison?

There are currently 61 Apartments for Rent in Edison, IL with pricing that ranges from $1,395 to $6,769. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Edison ranging from $2,200 to $3,200.

What is the current price range for Rental Homes in Edison?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Edison ranges from $2,200 to $3,200 with an average monthly rent of $2,670.

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.

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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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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.

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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.

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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.