Cheap Apartments for Rent in Summit, IL from $700 (6 Rentals)

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Search the lowest-cost Apartments available for rent right now in Summit.

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7751-7757 S Oconto Ave
1 Bedroom Apartments

7751-7757 S Oconto Ave

7751-7757 S Oconto AveBridgeview, IL 60455
  • Utilities Included
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43-63 Forest Ave
Studio to 1 Bedroom Apartments

43-63 Forest Ave

43-63 Forest AveRiverside, IL 60546
  • Utilities Included

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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Water Tower
Studio to 2 Bedroom Apartments

Water Tower

24-38 East AveRiverside, IL 60546
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6101 S Oak Park
1 to 2 Bedroom Apartments

6101 S Oak Park

6101-6135 S Oak Park AveChicago, IL 60638
  • Utilities Included
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West Clare Apartments
1 to 3 Bedroom Apartments

West Clare Apartments

8155-8159 Ogden AveLyons, IL 60534
  • Utilities Included

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

Cheapest Available Summit Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
7819 Rutherford Ave2/12BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
4536 Park Ave, Unit # 1R4536 Park Ave2BR,1BA$1.91
7819 Rutherford Ave2/12BR,1BA$1.88
7439 W 64th St, Unit B7439 W 64th St2BR,1BA$2.07

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

Explore Summit, IL Rentals by Map

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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

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.

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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

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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.

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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.