Cheap Apartments for Rent in Addison, IL from $500 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Addison.

Liberty Village

Deer Glen

Ellyn Crossing
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

Maple Crossing Apartments
Addison, IL Local Guide

How much does it cost to rent an apartment in Addison?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Addison Studio Apartments | $1,443 | $1,194 | $1,739 |
Cheap Addison 1 Bedroom Apartments | $2,051 | $530 | $8,312 |
Cheap Addison 2 Bedroom Apartments | $2,614 | $625 | $7,894 |
Cheap Addison 3 Bedroom Apartments | $3,742 | $2,099 | $4,651 |
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Addison, IL Local Guide

- Addison Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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Cheapest Available Addison Apartments for Rent
 The cheapest available apartment rental in Addison, IL is a 1 Bed unit found at 400 East in the Downtown Villa Park neighborhood priced from $530. 230 W Division St in the Downtown Villa Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here is today’s list of the most affordable Addison apartments for rent:
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 |
Liberty Village | 1 Bed, 1 bath | 1BR,1BA | $1,302 |
Elmhurst Terrace | Stanley | Studio,1BA | $1,375 |
The Bennington | Seven 70 | 1BR,1BA | $1,436 |
Best Value Apartments for Rent in Addison, IL
As of March 26, 2025 the best value apartment in the Addison area is the $1.84 price per square foot 2BR/2.0BA Model at Roselle Station Apartments in the starting from $2,443. The second greatest value Addison apartment is the 1B/1B w/Dining or Home Office Model at A&K Luxury Apartments starting at $1,925 with a $1.86 price per square foot in the Metra-Bensenville Station neighborhood. Here is today’s list of the best values for Addison apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Roselle Station Apartments | 2BR/2.0BA | 2BR,2BA | $1.84 |
A&K Luxury Apartments | 1B/1B w/Dining or Home Office | 1BR,1BA | $1.86 |
Linden Towers *Washer & Dryer in Apartment* | Two Bedroom #604 | 2BR,2BA | $1.85 |
126 N Maple Ave, Unit 2 | 126 N Maple Ave | 2BR,1BA | $2.04 |
The Bennington | Eight 72 Den | 1BR,1BA | $1.99 |
430 W Stevens Dr, Unit ONE BED | 430 W Stevens Dr | 1BR,1BA | $1.75 |
Marshall Place | 1BR/1.0BA | 1BR,1BA | $2.01 |
430 Stevens Dr | 430 Stevens Dr | 1BR,1BA | $2.00 |
230 W Division St | 1 Bed 1 Bath | 1BR,1BA | $1.69 |
400 East | 1 Bed, 1 bath | 1BR,1BA | $0.83 |
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Addison Overview
Located in the greater Chicago Metro Area, Addison is a charming and desirable city that practically defines the midwesternly term of 'quaint'. With a population of just over 35,000, this blue collar locale is a combination of retirees, Chicago commuters and fledgling students.
Why live in Addison, IL?
Offering a realxed ambiance and plenty of that famous mid-western charm, apartments for rent in Addison make an excellent option for anyone in the market for a new Illinois domicile. Flush with quaint eateries, public parks, and an easy commute to the big city of Chicago, this is one centralized locale well worthy of your consideration.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Addison, IL Rentals by Map
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Getting Around Addison, IL
Walk Score®
47 / 100
Car-Dependent
Most errands require a car
Bike Score®
48 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Addison Apartments
What is the Cheapest Studio apartment in Addison?
Currently the most affordable Cheap Studio Apartment in Addison is at Elmhurst Terrace listed at $1,375.
How much is rent for a Cheap One Bedroom Addison Apartment?
The lowest price for a Cheap One Bedroom Addison Apartment is $530 at 400 East.
What is the lowest price for a Cheap Two Bedroom Addison Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Addison is starting from $625 at 400 East.
What is the most affordable Addison Three Bedroom Apartment?
The best deal on a cheap Addison Three Bedroom Apartment rental is at and starts from $2,099.
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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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.