
Cheap Apartments for Rent in the Summit Neighborhood of Summit Argo, IL from $700 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Summit area of Summit Argo.


7301-7307 Archer Ave

6200 S Harlem Ave

4940 Egandale Ave

4906 Riverside Dr

8302-8310 W 47th St
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.

6024-6028 S Archer Rd

Midway 1 Apartments

7244 W 63rd Pl

4916 Riverside Dr

4643-4647 Clyde Ave

6952 W 65th St
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.

6958 W 65th St

7400 W 64th St

6100 S Harlem Ave

Summit Court Apartments

Summit 1 Apartments

8516 47th St
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.
Summit, Summit Argo, IL Local Guide

How much does it cost to rent an apartment in Summit?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Summit 2 Bedroom Apartments | $1,476 | $1,400 | $1,550 |
| Summit 3 Bedroom Apartments | $1,650 | $1,650 | $1,650 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Summit Neighborhood of Summit Argo, IL.
See all Apartments in Summit ArgoExplore Summit Argo
Summit, Summit Argo, IL Local Guide
- Nearby Summit Argo neighborhoods
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Cheapest Available Summit Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 6946 W 65th St | 2 Bedroom | 2BR,1BA | $1,550 |
Best Value Apartments for Rent in Summit, IL
As of June 11, 2026 the best value apartment in the Summit area is the $1.18 price per square foot 7503 W 64th St Model at 7503 W 64th St, Unit Unit:2 in the in the West Cook neighborhood starting from $1,650. The second greatest value Summit apartment is the 2 Bedroom Model at 6946 W 65th St starting at $1,550 with a $1.94 price per square foot in the Clearing neighborhood. Here is today’s list of the best values for Summit apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 7503 W 64th St, Unit Unit:2 | 7503 W 64th St | 3BR,1BA | $1.18 |
| 6946 W 65th St | 2 Bedroom | 2BR,1BA | $1.94 |
| 7439 W 64th St, Unit 2 | 7439 W 64th St | 2BR,1BA | $2.00 |
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 ArticleReal 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.
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 Summit, Summit Argo, IL
Argo Community High School
School data provided by Great Schools
Frequently Asked Questions about Cheap Summit Apartments
What is the lowest price for a Cheap Two Bedroom Summit Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Summit is starting from $1,550 at 6946 W 65th St.
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.
Articles, How-To's, and Tips

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.

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.

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.

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.