Cheap Homes for Rent in Skokie, IL from $1,200 (202 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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.

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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.

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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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property at 8504 Waukegan Rd

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550
Total Monthly Price
$1,550

1 Bedroom, 1 Bath Condo for Rent

Available Now

8504 Waukegan Rd, Unit 10

8504 Waukegan Rd
Morton GroveIL60053

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-50, Page 1 of 5

Skokie, IL Local Guide

Cheapest Available Skokie Apartments for Rent

 

The cheapest available apartment rental in Skokie, IL is a 1 Bed unit found at 2730 Hampton Parkway in the Northwestern neighborhood priced from $1,200. 1627-45 Ridge Ave. in the Northwestern neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,315. Here is today’s list of the most affordable Skokie apartments for rent:

Apartment ListingModel NameBed/BathPriced From
2730 Hampton Parkway1BR/1.0BA1BR,1BA$1,200
1627-45 Ridge Ave.1 Bedroom - 1 Bathroom1BR,1BA$1,315
7333 RidgeOne Bedroom - Large1BR,1BA$1,395
2545 W Fitch1x1S1BR,1BA$1,430
1703-13 Ridge Ave.2 Bedroom - 1 Bathroom2BR,1BA$1,450
1575 OakStudioStudio,1BA$1,475

Best Value Apartments for Rent in Skokie, IL

As of June 14, 2026 the best value apartment in the Skokie area is the $0.63 price per square foot 5617 N Christiana Ave Model at 5617 N Christiana Ave, Unit 2 in the in the North Park neighborhood starting from $2,100. The second greatest value Skokie apartment is the 511 Park Dr Model at 511 Park Dr, Unit 511 Park Dr, Kenilworth starting at $1,975 with a $0.80 price per square foot in the Gross Point neighborhood. Here is today’s list of the best values for Skokie apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5617 N Christiana Ave, Unit 25617 N Christiana Ave3BR,1.5BA$0.63
511 Park Dr, Unit 511 Park Dr, Kenilworth511 Park Dr3BR,1BA$0.80
5822 N Spaulding Ave, Unit Apartments for rent5822 N Spaulding Ave3BR,1BA$1.23
6441 N Francisco Ave, Unit 26441 N Francisco Ave3BR,2BA$1.08
6323 N Francisco Ave, Unit 6323 N Francisco #16323 N Francisco Ave3BR,2BA$1.33
739 Brummel St, Unit 3739 Brummel St3BR,2BA$1.53
2050 W Farwell Ave, Unit G2050 W Farwell Ave1BR,1BA$1.13
6542 N Mozart St, Unit Apt.#26542 N Mozart St3BR,2BA$1.43
7502 N Hoyne Ave7502 N Hoyne Ave1BR,1BA$1.50
2730 Hampton Parkway1BR/1.0BA1BR,1BA$1.54

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.

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Best 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

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A 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

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Skokie, IL
Population: 63,280

Ranked #596

in US Census Population by City

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Best Local Schools in
Skokie, IL

School data provided by Great Schools

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

Explore Skokie, IL Rentals by Map

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See the most popular apartments and homes in Skokie, IL

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Frequently Asked Questions about Skokie

What type of rentals are currently available in Skokie?

There are currently 1376 Apartments for Rent in Skokie, IL with pricing that ranges from $750 to $17,601. There are also 365 Single Family Homes for rent, Condos, and Townhome rentals currently available in Skokie ranging from $1,200 to $14,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Skokie ranges from $1,200 to $14,500 with an average monthly rent of $5,300.

How much are larger Three and Four Bedroom Rentals in Skokie?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Skokie range from $1,975 to $17,601, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $6,200. Four Bedroom Single-Family rentals are also available starting from $3,950 and Four Bedroom Apartments start at $2,295.

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

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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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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.

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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.

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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

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.