Cheap Apartments for Rent in Woodlawn, IL from $400 (40 Rentals)

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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.

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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.

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Cash 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.

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413 W Main St
1 to 4 Bedroom Apartments

413 W Main St

405 S Graham AveCarbondale, IL 62901
Corporate Housing
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Chesapeake
2 Bedroom Apartments

Chesapeake

202 Chesapeake DrMarion, IL 62959

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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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.

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Woodlawn, IL Local Guide

Cheapest Available Woodlawn Apartments for Rent and Nearby

 

The cheapest available apartment rental in Woodlawn, IL is a Studio unit found at ASHBURN COURT APARTMENTS priced from $450. Saluki Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $460. Here is today’s list of the most affordable Woodlawn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
ASHBURN COURT APARTMENTS0BR/1.0BAStudio,1BA$450
Saluki ApartmentsStudioStudio,1BA$460
McKay Manor1 Bdrm1BR,1BA$486
Schilling Property Management1 Bed, 1 bath1BR,1BA$600
Saint Germain Square1 Bedroom 1 Bath1BR,1BA$625
The MetropolitanMetropolis 1 Bed 1 Bath1BR,1BA$735
Kingsbury Campus Apartments2 Beds, 1 Bath Model2BR,1BA$800
Shawnee Village1 BR /1 BA 62 and Older1BR,1BA$846
Palomino Apartments2BR/1.5BA2BR,1BA$895
Chesterfield Village1 Bedroom 1 Bath1BR,1BA$999

Best Value Apartments for Rent in Woodlawn, IL and Nearby

As of July 07, 2026 the best value apartment in the Woodlawn area is the $1.05 price per square foot Black Diamond C2 Model at Storyboard on Black Diamond in the starting from $2,300. The second greatest value Woodlawn apartment is the 1X1 Model at 2600 Fairway Dr starting at $1,600 with a $0.89 price per square foot . Here is today’s list of the best values for Woodlawn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Storyboard on Black DiamondBlack Diamond C23BR,2.5BA$1.05
2600 Fairway Dr1X13BR,2.5BA$0.89
2707 Fairway Dr3 bedroom3BR,2BA$1.00
Grand Place Apartments3 Bedrooms3BR,2BA$1.08
900 on ParkTwo Bedroom Furnished2BR,2BA$0.82
Chesterfield Village1 Bedroom 1 Bath1BR,1BA$1.25
Kingsbury Campus Apartments2 Beds, 1 Bath Model2BR,1BA$1.05
McKay Manor1 Bdrm1BR,1BA$0.66
Schilling Property Management1 Bed, 1 bath1BR,1BA$0.86
The MetropolitanMetropolis 1 Bed 1 Bath1BR,1BA$1.20

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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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.

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

Explore Woodlawn, IL Rentals by Map

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Frequently Asked Questions about Cheap Woodlawn Apartments

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

The lowest price for a Cheap One Bedroom Woodlawn Apartment is $486 at McKay Manor.

What is the lowest price for a Cheap Two Bedroom Woodlawn Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Woodlawn is starting from $700 at Schilling Property Management.

What is the most affordable Woodlawn Three Bedroom Apartment?

The best deal on a cheap Woodlawn Three Bedroom Apartment rental is at McKay Manor and starts from $587.

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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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.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.