Cheap Apartments for Rent in Addison, IL from $500 (23 Rentals)

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Chablis
1 to 2 Bedroom Apartments

Chablis

610 N Lincoln AveAddison, IL 60101
Corporate Housing
  • Utilities Included
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507 Denise Ct
2 Bedroom Apartments

507 Denise Ct

507 Denise CtAddison, IL 60101
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Villabrook
1 Bedroom Apartments

Villabrook

125 S Villa AveAddison, IL 60101
  • Utilities Included

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

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Stonegate
1 to 2 Bedroom Apartments

Stonegate

440 N Gregory AveGlendale Heights, IL 60139
Furnished
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330 N Ardmore Ave
1 Bedroom Apartments

330 N Ardmore Ave

330 N Ardmore AveVilla Park, IL 60181
  • Utilities Included
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231 S Villa Ave
1 to 2 Bedroom Apartments

231 S Villa Ave

231 S Villa AveVilla Park, IL 60181
  • Utilities Included
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Willow Lake
1 to 2 Bedroom Apartments

Willow Lake

21W547 North AveLombard, IL 60148
  • Utilities Included

Addison, IL Local Guide

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Written By:
Justin Habersaat
Editing Staff

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 ListingModel NameBed/BathPriced From
400 East1 Bed, 1 bath1BR,1BA$530
230 W Division St1 Bed 1 Bath1BR,1BA$1,150
Liberty Village1 Bed, 1 bath1BR,1BA$1,302
Elmhurst TerraceStanleyStudio,1BA$1,375
The BenningtonSeven 701BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Roselle Station Apartments2BR/2.0BA2BR,2BA$1.84
A&K Luxury Apartments1B/1B w/Dining or Home Office1BR,1BA$1.86
Linden Towers *Washer & Dryer in Apartment*Two Bedroom #6042BR,2BA$1.85
126 N Maple Ave, Unit 2126 N Maple Ave2BR,1BA$2.04
The BenningtonEight 72 Den1BR,1BA$1.99
430 W Stevens Dr, Unit ONE BED430 W Stevens Dr1BR,1BA$1.75
Marshall Place1BR/1.0BA1BR,1BA$2.01
430 Stevens Dr430 Stevens Dr1BR,1BA$2.00
230 W Division St1 Bed 1 Bath1BR,1BA$1.69
400 East1 Bed, 1 bath1BR,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

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

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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.

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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.

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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.