Cheap Homes for Rent in Park Ridge, IL from $1,400 (31 Rentals)

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

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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 7251-7259 Lawrence in the Dunning neighborhood priced from $900. Mont Clare in the Norwood Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,240. Here is today’s list of the most affordable Park Ridge apartments for rent:

Apartment ListingModel NameBed/BathPriced From
7251-7259 LawrencestudioStudio,1BA$900
Mont ClareS6Studio,1BA$1,240
304 W Touhy AveJr. 1 Bedroom, #341BR,1BA$1,450
The Pavilion1H w/ Balcony1BR,1BA$1,491
Park Ridge CommonsSEVEN601BR,1BA$1,499
Legacy CrossingsHoldenStudio,1BA$1,500
Glen Oaks CommonsEnglish Oak1BR,1BA$1,510

Best Value Apartments for Rent in Park Ridge, IL

As of July 25, 2025 the best value apartment in the Park Ridge area is the $1.17 price per square foot 851 N Northwest Hwy Model at 851 N Northwest Hwy, Unit 2 in the starting from $2,840. The second greatest value Park Ridge apartment is the B9 - Two Bedroom Two Bath Model at Kingston Pointe Apartments starting at $3,234 with a $1.83 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 ListingModel NameBed/BathPrice Per Sq.Ft.
851 N Northwest Hwy, Unit 2851 N Northwest Hwy3BR,2BA$1.17
Kingston Pointe ApartmentsB9 - Two Bedroom Two Bath2BR,2BA$1.83
8336 W Berwyn Ave, Unit 18336 W Berwyn Ave3BR,1.5BA$1.53
6408 W Raven St, Unit 16408 W Raven St3BR,1.5BA$1.85
6408 W Raven St, Unit J03P6408 W Raven St3BR,1.5BA$1.85
6408 W Raven St, Unit A03K6408 W Raven St3BR,1.5BA$1.85
Courtyards On The Park2x1 Upgrade2BR,1BA$1.87
1230 Carol St, Unit B1230 Carol St2BR,1BA$2.00
1302 Carol St, Unit B1302 Carol St2BR,1BA$2.00
9504 Lawrence Ct, Unit 2 f9504 Lawrence Ct1BR,1BA$2.00

Quick Rent Budget Calculator

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Frequently Asked Questions about Park Ridge

What type of rentals are currently available in Park Ridge?

There are currently 844 Apartments for Rent in Park Ridge, IL with pricing that ranges from $900 to $6,805. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Ridge ranging from $1,400 to $4,950.

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 $1,400 to $4,950 with an average monthly rent of $2,771.

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.