
Cheap Apartments for Rent in the Summit Neighborhood of Summit Argo, IL from $700 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Summit area of Summit Argo.


Midway

5835 W 63rd St
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7819 Rutherford Ave

Summit Court Apartments

7331 W 60th Pl
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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 1 Bedroom Apartments | $1,305 | $1,100 | $1,530 |
| Summit 2 Bedroom Apartments | $1,675 | $1,275 | $2,556 |
| Summit 3 Bedroom Apartments | $2,250 | $2,200 | $2,300 |
| Summit 4 Bedroom Apartments | $10,695 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Summit Neighborhood of Summit Argo, IL.
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Summit, Summit Argo, IL Local Guide
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Cheapest Available Summit Apartments for Rent
 The cheapest available apartment rental in the Summit area of Summit Argo, IL is a 1 Bed unit found at Midway priced from $1,250. 5835 W 63rd St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here are the most affordable Summit apartments for rent in Summit Argo, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Midway | 6236 2nd Fl | 1BR,1BA | $1,250 |
| 5835 W 63rd St | 1 bed 1 bath | 1BR,1BA | $1,300 |
| 7819 Rutherford Ave | 2/1 | 2BR,1BA | $1,500 |
Best Value Apartments for Rent in Summit, IL
As of March 12, 2026 the best value apartment in the Summit area is the $1.64 price per square foot 6508 W 60th St Model at 6508 W 60th St, Unit 2nd Unit in the in the Clearing neighborhood starting from $2,300. The second greatest value Summit apartment is the 2 Bedroom Model at Hunter Brook Group starting at $1,650 with a $1.50 price per square foot in the West Cook 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. |
|---|---|---|---|
| 6508 W 60th St, Unit 2nd Unit | 6508 W 60th St | 3BR,1BA | $1.64 |
| Hunter Brook Group | 2 Bedroom | 2BR,1BA | $1.50 |
| 9437 Burlington Ave, Unit 3 | 9437 Burlington Ave | 2BR,1BA | $1.74 |
| Midway | 6232 2nd FL | 2BR,1BA | $1.39 |
| 7819 Rutherford Ave | 2/1 | 2BR,1BA | $1.88 |
| 7804 Banks St, Unit 2 - South | 7804 Banks St | 1BR,1BA | $1.50 |
| Burbank Manor Apartments | 1 Bed 1 Bath Remodel SS W/D | 1BR,1BA | $2.13 |
| 5835 W 63rd St | 1 bed 1 bath | 1BR,1BA | $2.17 |
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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 price of a cheap apartment in Summit?
The cheapest apartment in Summit is Midway which is listed at $1,250, while the average apartment in Summit costs $15,396.
What types of apartments are the cheapest in Summit?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Summit that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.