
Cheap Apartments for Rent in the Summit Neighborhood of Summit Argo, IL from $700 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Summit area of Summit Argo.


7819 Rutherford Ave

Midway

5305 S 72nd Ct
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.

7218 Park Ave

Total Monthly Price
6055 S Massasoit Ave, Unit 2, Unit 2

6055 S Massasoit Ave, Unit # 2

Total Monthly Price
9437 Burlington Ave, Unit 3, Unit 3
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.

Summit Court Apartments
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 | $1,325 | $1,300 | $1,400 |
| Summit 2 Bedroom Apartments | $1,762 | $1,400 | $3,696 |
| Summit 3 Bedroom Apartments | $2,045 | $1,850 | $2,200 |
| Summit 4 Bedroom Apartments | $13,961 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 9 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
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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 2 Beds unit found at Midway priced from $1,400. 5835 W 63rd St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,500. Here are the most affordable Summit apartments for rent in Summit Argo, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Midway | Garden Unit | 2BR,1BA | $1,400 |
| 5835 W 63rd St | 2 bed 1 bath | 2BR,1BA | $1,500 |
| Hunter Brook Group | 2 Bedroom | 2BR,1BA | $1,650 |
Best Value Apartments for Rent in Summit, IL
As of April 26, 2026 the best value apartment in the Summit area is the $1.56 price per square foot 7502 Garden Ln Model at 7502 Garden Ln in the in the West Cook neighborhood starting from $2,030. The second greatest value Summit apartment is the 8729 W 73rd Pl Model at 8729 W 73rd Pl, Unit 2 starting at $2,200 with a $1.69 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. |
|---|---|---|---|
| 7502 Garden Ln | 7502 Garden Ln | 3BR,1.5BA | $1.56 |
| 8729 W 73rd Pl, Unit 2 | 8729 W 73rd Pl | 3BR,2BA | $1.69 |
| 4205 S Harlem Ave, Unit 3 | 4205 S Harlem Ave | 3BR,2BA | $1.42 |
| 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 | $1.56 |
| Burbank Manor Apartments | 2 Bed 1.5 Bath Remodel SS W/D | 2BR,1.5BA | $2.13 |
| 5835 W 63rd St | 2 bed 1 bath | 2BR,1BA | $1.88 |
| 6055 S Massasoit Ave, Unit 2 | 6055 S Massasoit Ave | 2BR,1BA | $1.94 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.