Cheap Apartments for Rent in Summit, IL from $700 (32 Rentals)

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

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Water Tower
Studio to 2 Bedroom Apartments

Water Tower

24-38 East AveRiverside, IL 60546
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43-63 Forest Ave
Studio to 1 Bedroom Apartments

43-63 Forest Ave

43-63 Forest 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
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West Clare Apartments
1 to 3 Bedroom Apartments

West Clare Apartments

8155-8159 Ogden AveLyons, IL 60534
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3522-30 Oak Park Ave
1 to 3 Bedroom Apartments

3522-30 Oak Park Ave

3522-3530 Oak Park AveBerwyn, IL 60402
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Lyons
1 to 2 Bedroom Apartments

Lyons

3908 Powell AveLyons, IL 60534
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 3258 Maple Ave

$1,150 - $1,200

1 Bedroom Rentals

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3258 Maple Ave

BerwynIL60402
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7858 S Natoma Ave
1 to 2 Bedroom Apartments

7858 S Natoma Ave

7858 S Natoma AveBurbank, IL 60459

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Summit, IL Local Guide

Cheapest Available Summit Apartments for Rent

 

The cheapest available apartment rental in Summit, IL is a 1 Bed unit found at 7858 S Natoma Ave in the Burbank neighborhood priced from $1,295. Hunter Brook Group in the West Cook neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,500. Here is today’s list of the most affordable Summit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
7858 S Natoma Ave1 Beds, 1 Baths1BR,1BA$1,295
Hunter Brook Group1 Bedroom1BR,1BA$1,500
7819 Rutherford Ave2/12BR,1BA$1,600
6946 W 65th St2 Bedroom2BR,1BA$1,650

Best Value Apartments for Rent in Summit, IL

As of August 02, 2026 the best value apartment in the Summit area is the $1.63 price per square foot 83 E Quincy St Model at 83 E Quincy St, Unit 1 in the in the West Cook neighborhood starting from $2,200. The second greatest value Summit apartment is the 6308 S Archer Ave Model at 6308 S Archer Ave, Unit First Floor starting at $1,850 with a $1.54 price per square foot in the Garfield Ridge 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.
83 E Quincy St, Unit 183 E Quincy St2BR,2BA$1.63
6308 S Archer Ave, Unit First Floor6308 S Archer Ave3BR,2BA$1.54
6946 W 65th St2 Bedroom2BR,1BA$2.06
7819 Rutherford Ave2/12BR,1BA$2.00
Hunter Brook Group1 Bedroom1BR,1BA$2.14
7210 Park Ave, Unit 17210 Park Ave2BR,1BA$2.23

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.

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Real 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.

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

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Frequently Asked Questions about Cheap Summit Apartments

How much is rent for a Cheap One Bedroom Summit Apartment?

The lowest price for a Cheap One Bedroom Summit Apartment is $1,295 at 7858 S Natoma Ave.

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 $1,600 at 7819 Rutherford Ave.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.