
Cheap Homes for Rent in Woodlawn, IL from $300 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Woodlawn.


909 Fairland St

902 W Pine St

272 S Shannon St

1208 Illinois Ave
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.

100 Parkview Ln

418 W Webster St

317 E Mill St

510 W 5th St

513 S Ash St
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.

500 S Washington St

1009 Briarwood Rd

1108 S 11th St

18 S Linden St

501 E Reeves St
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.
Woodlawn, IL Local Guide

How much does it cost to rent a home in Woodlawn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Woodlawn 2 Bedroom Homes for Rent | $932 | $290 | $2,200 |
| Woodlawn 3 Bedroom Homes for Rent | $1,383 | $699 | $2,500 |
Browse Top Homes for Rent in Woodlawn
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Woodlawn, IL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| ASHBURN COURT APARTMENTS | 0BR/1.0BA | Studio,1BA | $450 |
| Saluki Apartments | Studio | Studio,1BA | $460 |
| McKay Manor | 1 Bdrm | 1BR,1BA | $486 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $600 |
| Saint Germain Square | 1 Bedroom 1 Bath | 1BR,1BA | $625 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Storyboard on Black Diamond | Black Diamond C2 | 3BR,2.5BA | $1.05 |
| 2600 Fairway Dr | 1X1 | 3BR,2.5BA | $0.89 |
| 2707 Fairway Dr | 3 bedroom | 3BR,2BA | $1.00 |
| Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1.08 |
| 900 on Park | Two Bedroom Furnished | 2BR,2BA | $0.82 |
| Chesterfield Village | 1 Bedroom 1 Bath | 1BR,1BA | $1.25 |
| Kingsbury Campus Apartments | 2 Beds, 1 Bath Model | 2BR,1BA | $1.05 |
| McKay Manor | 1 Bdrm | 1BR,1BA | $0.66 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
| The Metropolitan | Metropolis 1 Bed 1 Bath | 1BR,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.
Read ArticleReal 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.
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!
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Frequently Asked Questions about Woodlawn
What type of rentals are currently available in Woodlawn?
There are currently 45 Apartments for Rent in Woodlawn, IL with pricing that ranges from $425 to $2,300. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Woodlawn ranging from $290 to $2,500.
What is the current price range for Rental Homes in Woodlawn?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Woodlawn ranges from $290 to $2,500 with an average monthly rent of $1,297.
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

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.

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.

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.

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.