
Cheap Homes for Rent in Edison Neighborhood of Park Ridge, IL from $1,500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Edison area of Park Ridge.


7632 N Milwaukee Ave

7632 N Milwaukee Ave

219 N Grace Ave

7626.5 N Milwaukee 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.

8144 1/2 N Milwaukee Ave

7632 N Milwaukee Ave

6823 N Northwest Hwy

6823 N Northwest Hwy

6881 N Overhill 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.
Edison, Park Ridge, IL Local Guide

How much does it cost to rent a home in Edison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Edison 2 Bedroom Homes for Rent | $1,850 | $1,800 | $1,950 |
| Edison 3 Bedroom Homes for Rent | $3,934 | $2,400 | $7,500 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1027 W Touhy Ave | 2 Bedroom 2 Bath | 2BR,2BA | $2,095 |
| Park 205 Apartments | Hinkley A | 2BR,2BA | $3,725 |
Best Value Apartments for Rent in Edison, IL
As of October 25, 2025 the best value apartment in the Edison area is the $3.45 price per square foot Hinkley A Model at Park 205 Apartments in the in the Edison neighborhood starting from $3,725. The second greatest value Edison apartment is the 7628 N Milwaukee Ave Model at 7628 N Milwaukee Ave, Unit M02H starting at $1,500 with a $2.14 price per square foot in the Edison 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 | Hinkley A | 2BR,2BA | $3.45 |
| 7628 N Milwaukee Ave, Unit M02H | 7628 N Milwaukee Ave | 1BR,1BA | $2.14 |
| 1027 W Touhy Ave | 2 Bedroom 2 Bath | 2BR,2BA | $3.01 |
| 7632 N Milwaukee Ave, Unit ONE BED | 7632 N Milwaukee Ave | 1BR,1BA | $2.31 |
| 7628 N Milwaukee Ave, Unit ONE BED | 7628 N Milwaukee Ave | 1BR,1BA | $2.31 |
| 7630 N Milwaukee Ave, Unit ONE BED | 7630 N Milwaukee Ave | 1BR,1BA | $2.31 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 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 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.
Pet Friendly LifestyleEdison, Park Ridge, IL
Ranked #1
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Edison
What type of rentals are currently available in Edison?
There are currently 63 Apartments for Rent in Edison, IL with pricing that ranges from $1,250 to $4,020. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Edison ranging from $1,500 to $7,500.
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 $1,500 to $7,500 with an average monthly rent of $2,428.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
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.

How to Negotiate Your Apartment Lease and Save Money
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.