
Cheap Homes for Rent in Park Ridge, IL from $1,300 (40 Rentals)
Search the lowest-cost Homes available for rent right now in Park Ridge.


1725 Howard Ave

1725 Howard Ave

9290 Hamilton Ct

5039 N East River Rd

7628 N Milwaukee Ave

7632.5 N Milwaukee 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.

7632 N Milwaukee Ave

8144 1/2 N Milwaukee Ave

8970 N Parkside Ave, Unit 105

7632 N Milwaukee Ave

8504 Waukegan Rd

7632 N Milwaukee Ave

8144 1/2 N Milwaukee Ave

7628 N Milwaukee 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.

2555 E Ballard Rd

5306 N Cumberland Ave

10382 Michael Todd Terrace

1211 Brown St

9460 Bay Colony Dr

9480 Bay Colony Dr
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!

6636 N Harlem Ave

10385 Dearlove Rd

Furnished Studio-Chicago - O'Hare - North

1279 Harding Ave

Furnished Studio-Chicago - O'Hare - South

9461 Bay Colony Dr

9360 Bay Colony Dr

5010 Harold Ave
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.

8892 Jody Ln

1353 Perry St, Unit 5

9422 Bay Colony Dr

8892 Jody Ln, Unit 2G

8531 W Gregory St, Unit 1

461 N Northwest Hwy

1650 Mill St

4807 N Harlem 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.
Park Ridge, IL Local Guide

How much does it cost to rent a home in Park Ridge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Ridge 2 Bedroom Homes for Rent | $2,035 | $1,600 | $2,900 |
| Park Ridge 3 Bedroom Homes for Rent | $3,074 | $2,350 | $7,500 |
| Park Ridge 4 Bedroom Homes for Rent | $3,838 | $2,975 | $5,400 |
| Park Ridge 5 Bedroom Homes for Rent | $6,250 | $4,000 | $8,750 |
Browse Top Homes for Rent in Park Ridge
Explore 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 Studio unit found at Mont Clare in the Norwood Park neighborhood priced from $1,140. 7251-7259 Lawrence in the Dunning neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here is today’s list of the most affordable Park Ridge apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mont Clare | S3RR | Studio,1BA | $1,140 |
| 7251-7259 Lawrence | No Vacancy | 1BR,1BA | $1,150 |
| 7245 W Lawrence Ave | 2BD/1BA | 2BR,1BA | $1,395 |
| The Pavilion | SH w/ Balcony Renovation 2 | Studio,1BA | $1,417 |
| 304 W Touhy Ave | Junior 1 Bed #34 | 1BR,1BA | $1,450 |
| Park Ridge Commons | EIGHT70 | 1BR,1BA | $1,499 |
Best Value Apartments for Rent in Park Ridge, IL
As of December 21, 2025 the best value apartment in the Park Ridge area is the $1.25 price per square foot 860 N Northwest Hwy Model at 860 N Northwest Hwy, Unit 2 in the in the Northwest Chicago neighborhood starting from $2,740. The second greatest value Park Ridge apartment is the Schindler w/ Den Model at River 595 starting at $2,579 with a $1.86 price per square foot in the Metropolitan Square 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. |
|---|---|---|---|
| 860 N Northwest Hwy, Unit 2 | 860 N Northwest Hwy | 3BR,2BA | $1.25 |
| River 595 | Schindler w/ Den | 2BR,2BA | $1.86 |
| 7202 W Crain St, Unit #2 | 7202 W Crain St | 3BR,1.5BA | $1.83 |
| 8537 W Foster Ave, Unit #1 | 8537 W Foster Ave | 3BR,1BA | $1.67 |
| 10380 Michael Todd Terrace, Unit 2W | 10380 Michael Todd Terrace | 2BR,1BA | $1.55 |
| 1004 S River Rd, Unit 304 | 1004 S River Rd | 2BR,1BA | $1.85 |
| 7245 W Lawrence Ave | 2BD/1BA | 2BR,1BA | $1.40 |
| 8614 W Berwyn Ave | 2BD/1BA | 2BR,1BA | $1.70 |
| 1401 Carol St, Unit 1 | 1401 Carol St | 2BR,1BA | $1.90 |
| 7251-7259 Lawrence | No Vacancy | 1BR,1BA | $1.44 |
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 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 Park Ridge
What type of rentals are currently available in Park Ridge?
There are currently 846 Apartments for Rent in Park Ridge, IL with pricing that ranges from $1,000 to $19,343. There are also 110 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Ridge ranging from $1,375 to $8,750.
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 $1,375 to $8,750 with an average monthly rent of $3,227.
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 $1,995 to $18,963, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,350 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,975 and Four Bedroom Apartments start at $5,851.
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

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.

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.

