Cheap Homes for Rent in Park Ridge, IL from $1,300 (47 Rentals)

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

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

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.

Read Article

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.

Read Article

The 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 Article

Cash 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 Article

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.

Read Article
Showing Results 1-47, Page 1 of 1

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 Mont Clare in the Norwood Park neighborhood priced from $1,265. The Pavilion in the O'Hare neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,361. Here is today’s list of the most affordable Park Ridge apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mont ClareS3Studio,1BA$1,265
The PavilionSC Renovation 2Studio,1BA$1,361
Park Ridge CommonsSEVEN601BR,1BA$1,449
Des Plaines TowerStudio - (No W/D in Unit)Studio,1BA$1,450
Legacy CrossingsHoldenStudio,1BA$1,500
The GLEN VIEW1 Bedroom1BR,1BA$1,600
Courtyards On The Park2x1 Upgrade2BR,1BA$1,653

Best Value Apartments for Rent in Park Ridge, IL

As of September 10, 2025 the best value apartment in the Park Ridge area is the $1.93 price per square foot 8315 W Bryn Mawr Ave Model at 8315 W Bryn Mawr Ave, Unit 604 in the in the Dunning neighborhood starting from $2,700. The second greatest value Park Ridge apartment is the White Oak Model at Glen Oaks Commons starting at $1,855 with a $1.61 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 ListingModel NameBed/BathPrice Per Sq.Ft.
8315 W Bryn Mawr Ave, Unit 6048315 W Bryn Mawr Ave2BR,2BA$1.93
Glen Oaks CommonsWhite Oak2BR,2BA$1.61
10380 Michael Todd Terrace, Unit 2E10380 Michael Todd Terrace2BR,1BA$1.55
Park Ridge CommonsTEN252BR,1.5BA$1.99
1316 Carol St, Unit A1316 Carol St2BR,1BA$1.93
8614 W Berwyn Ave2BD/1BA2BR,1BA$1.70
1401 Carol St, Unit 11401 Carol St2BR,1BA$1.90
1230 Carol St, Unit B1230 Carol St2BR,1BA$2.00
Courtyards On The Park2x1 Upgrade2BR,1BA$1.74
9058 N Cumberland Ave, Unit G E9058 N Cumberland Ave1BR,1BA$1.64

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

Best Local Schools in
Park Ridge, IL

School data provided by Great Schools

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

Explore Park Ridge, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Park Ridge, IL

View Map
Park Ridge, IL Apartments Map
View Map
Park Ridge, IL Rental Homes Map

Frequently Asked Questions about Park Ridge

What type of rentals are currently available in Park Ridge?

There are currently 835 Apartments for Rent in Park Ridge, IL with pricing that ranges from $1,110 to $26,861. There are also 106 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Ridge ranging from $1,350 to $4,300.

What is the current price range for Rental Homes in Park Ridge?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Park Ridge ranges from $1,350 to $4,300 with an average monthly rent of $2,779.

How much are larger Three and Four Bedroom Rentals in Park Ridge?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Park Ridge range from $2,800 to $5,181, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $3,995. Four Bedroom Single-Family rentals are also available starting from $2,695 and Four Bedroom Apartments start at $9,000.

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 The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.