
Cheap Homes for Rent in Washington Park, IL from $400 (32 Rentals)
Search the lowest-cost Homes available for rent right now in Washington Park.


1847 N 56th St

9902 W Main St

809 Greenwood St

1422 N 54th St

210 N 17th St

5617 Warren Ave

1227 Williams St
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.

1002 Apache Dr

109 Jerome Ln

563 N 24th St

5538 Avon Pl

1104 Arrowhead Dr

2637 Grand Ave

2000 Meridian Ave

1901 Doris Ave
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.

3011 Myrtle Ave

26 Fairway Dr

1713 Loretta Ave

2231 Loren St

1711 S 8th St

1910 Agnes St

1 Dora Dr

1000 Washington Ave
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.

1386 Fairmeadows Ln

1111 Biddle St

15 Potomac Dr

2206 Lucas Ave

108 S Hesperia St

1225 W Main St

58 David St

3306 Falling Springs Rd
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.
Washington Park, IL Local Guide

How much does it cost to rent a home in Washington Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Washington Park 2 Bedroom Homes for Rent | $1,213 | $495 | $1,900 |
| Washington Park 3 Bedroom Homes for Rent | $1,273 | $800 | $1,850 |
| Washington Park 4 Bedroom Homes for Rent | $1,841 | $925 | $3,500 |
| Washington Park 5 Bedroom Homes for Rent | $2,595 | $2,595 | $2,595 |
Browse Top Homes for Rent in Washington Park
Explore Washington Park
Washington Park, IL Local Guide
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Cheapest Available Washington Park Apartments for Rent and Nearby
 The cheapest available apartment rental in Washington Park, IL is a 2 Beds unit found at Collins Terrace Apartments in the Lafayette Square neighborhood priced from $766. Downtowner Apartments in the Lafayette Square neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here is today’s list of the most affordable Washington Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Collins Terrace Apartments | 2 Bedroom Medium | 2BR,1BA | $766 |
| Downtowner Apartments | Studio | Studio,1BA | $775 |
| Parsons Place Apartments | 2 Bedroom Tax Credit*** | 2BR,1BA | $801 |
| The Gentrys Landing Apartments | Studio Unfurnished | Studio,1BA | $855 |
| The Paul Brown Loft Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $895 |
| The Shelby | Papin | Studio,1BA | $965 |
| The Crown Downtown | 1 Bedroom | 1BR,1BA | $1,025 |
| Vangard Lofts | 1B | 1BR,1BA | $1,075 |
| Stadium Loft Apartments | 02 Units | 1BR,1BA | $1,075 |
| Cityside Apartments | Hawthorn | 1BR,1BA | $1,097 |
Best Value Apartments for Rent in Washington Park, IL and Nearby
As of April 23, 2026 the best value apartment in the Washington Park area is the $1.22 price per square foot 2BR Model at Gallery Villas in the in the Lafayette Square neighborhood starting from $2,500. The second greatest value Washington Park apartment is the 2 Bedroom 2 Bath Model at Roberts Galerie Lofts starting at $1,500 with a $0.80 price per square foot in the Lafayette Square neighborhood. Here is today’s list of the best values for Washington Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Gallery Villas | 2BR | 2BR,2BA | $1.22 |
| Roberts Galerie Lofts | 2 Bedroom 2 Bath | 2BR,2BA | $0.80 |
| Denim Lofts | B | 2BR,2BA | $1.20 |
| Pointe 400 Apartments | One Bedroom | 1BR,1BA | $0.99 |
| Fashion Square I | B1 | 2BR,1BA | $1.15 |
| Syndicate Building | Stabdard 1BR | 1BR,1BA | $1.11 |
| The Lofts at OPOP | A7 | 1BR,1BA | $1.08 |
| Collins Terrace Apartments | 3 Bedroom Small | 3BR,1BA | $0.97 |
| Bee Hat Lofts | A3 - 1 Bed 1 Bath | 1BR,1BA | $1.20 |
| The Paul Brown Loft Apartments | 2 Bedroom 1 Bathroom | 2BR,2BA | $1.42 |
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.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Washington Park, IL Rentals by Map
See the most popular apartments and homes in Washington Park, IL
Frequently Asked Questions about Washington Park
What type of rentals are currently available in Washington Park?
There are currently 62 Apartments for Rent in Washington Park, IL with pricing that ranges from $766 to $7,935. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Washington Park ranging from $495 to $3,500.
What is the current price range for Rental Homes in Washington Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Washington Park ranges from $495 to $3,500 with an average monthly rent of $1,444.
How much are larger Three and Four Bedroom Rentals in Washington Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Washington Park range from $910 to $5,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $1,850. Four Bedroom Single-Family rentals are also available starting from $925 and Four Bedroom Apartments start at $1,635.
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.