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

How much does it cost to rent an apartment in Summit?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Summit 1 Bedroom Apartments | $1,311 | $1,195 | $1,400 |
Cheap Summit 2 Bedroom Apartments | $1,801 | $1,250 | $2,400 |
Cheap Summit 3 Bedroom Apartments | $2,766 | $1,800 | $3,900 |
Cheap Summit 4 Bedroom Apartments | $3,040 | $3,040 | $3,040 |
Browse Top Apartments in Summit
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Summit, IL Local Guide
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Cheapest Available Summit Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
7819 Rutherford Ave | 2/1 | 2BR,1BA | $1,500 |
Best Value Apartments for Rent in Summit, IL
As of June 13, 2025 the best value apartment in the Summit area is the $1.91 price per square foot 4536 Park Ave Model at 4536 Park Ave, Unit # 1R in the in the Old Town Western Springs neighborhood starting from $2,100. The second greatest value Summit apartment is the 2/1 Model at 7819 Rutherford Ave starting at $1,500 with a $1.88 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. |
---|---|---|---|
4536 Park Ave, Unit # 1R | 4536 Park Ave | 2BR,1BA | $1.91 |
7819 Rutherford Ave | 2/1 | 2BR,1BA | $1.88 |
7439 W 64th St, Unit B | 7439 W 64th St | 2BR,1BA | $2.07 |
Quick Rent Budget Calculator
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Best Local Schools in Summit, IL
Dr Donald Wharton Elementary School
Argo Community High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Summit, IL
Walk Score®
64 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
61 / 100
Bikeable
Some bike infrastructure
Transit Score®
7 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,500 at 7819 Rutherford Ave.
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.

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.

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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.