Cheap Apartments for Rent in the Addison Industrial District Addison, IL from $500 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Addison Industrial District area of Addison.
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
Addison Industrial District, Addison, IL Local Guide

How much does it cost to rent an apartment in Addison Industrial District?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Addison Industrial District Studio Apartments | $1,472 | $1,337 | $1,955 |
Addison Industrial District 1 Bedroom Apartments | $1,698 | $530 | $3,648 |
Addison Industrial District 2 Bedroom Apartments | $2,259 | $625 | $4,980 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Addison Industrial District Neighborhood of Addison, IL.
See all Apartments in AddisonExplore Addison
Addison Industrial District, Addison, IL Local Guide
- Nearby Addison neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Addison Industrial District, IL
Pricing Updated: 03/21/2025Current apartment rentals in the Addison Industrial District, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Addison Industrial District Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|
Cheapest Available Addison Industrial District Apartments for Rent
 The cheapest available apartment rental in the Addison Industrial District area of Chicago, IL is a 1 Bed unit found at 400 East priced from $530. 230 W Division St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here are the most affordable Addison Industrial District apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
400 East | 1 Bed, 1 bath | 1BR,1BA | $530 |
230 W Division St | 1 Bed 1 Bath | 1BR,1BA | $1,150 |
Maple Crossing Apartments | One Bedroom | 1BR,1BA | $1,255 |
Best Value Apartments for Rent in Addison Industrial District, IL
As of March 21, 2025 the best value apartment in the Addison Industrial District area is the $2.37 price per square foot 1 bed B Model at Elite Luxury Apartments in the in the Downtown Villa Park neighborhood starting from $2,498. The second greatest value Addison Industrial District apartment is the Adams Model at Park 150 Apartments starting at $2,320 with a $2.38 price per square foot in the Addison Industrial District neighborhood. Here is today’s list of the best values for Addison Industrial District apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Elite Luxury Apartments | 1 bed B | 1BR,1BA | $2.37 |
Park 150 Apartments | Adams | 2BR,2BA | $2.38 |
Lilac Station | Bloomerang Style G - 1 Bedroom + Den | 1BR,1BA | $2.71 |
430 W Stevens Dr, Unit ONE BED | 430 W Stevens Dr | 1BR,1BA | $1.75 |
430 Stevens Dr | 430 Stevens Dr | 1BR,1BA | $2.00 |
622 Lincoln Ave | 622 Lincoln Ave | 1BR,1BA | $2.07 |
Maple Crossing Apartments | One Bedroom | 1BR,1BA | $1.79 |
230 W Division St | 1 Bed 1 Bath | 1BR,1BA | $1.69 |
400 East | 1 Bed, 1 bath | 1BR,1BA | $0.83 |
Elmhurst Terrace | Stanley | Studio ,1BA | $3.61 |
Quick 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.
Pet Friendly LifestyleAddison Industrial District, Addison, IL
Ranked #1
Among neighborhoods in Addison, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Addison Industrial District, Addison, IL
School data provided by Great Schools
Best Local Schools in Addison Industrial District, Addison, IL
School data provided by Great Schools
Frequently Asked Questions about Cheap Addison Industrial District Apartments
What is a cheap apartment in Addison Industrial District?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Addison Industrial District is under $4,980.
What is the price of a cheap apartment in Addison Industrial District?
The cheapest apartment in Addison Industrial District is 400 East which is listed at $530, while the average apartment in Addison Industrial District costs $1,911.
What types of apartments are the cheapest in Addison Industrial District?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 24 regular apartments in Addison Industrial District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.