Cheap Homes for Rent in Calumet Park, IL from $1,000 (9 Rentals)

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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

Calumet Park, IL Local Guide

Cheapest Available Calumet Park Apartments for Rent and Nearby

 

The cheapest available apartment rental in Calumet Park, IL is a 1 Bed unit found at 14127 S School St in the College District neighborhood priced from $950. 14015 S Tracy Ave in the College District neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,195. Here is today’s list of the most affordable Calumet Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
14127 S School St1 Bedroom 1 Bath Apartment1BR,1BA$950
14015 S Tracy Ave2 Bedroom 1 Bath Apartment2BR,1BA$1,195
2062 W 135th Pl2 Bedroom 1 Bath Apartment2BR,1BA$1,220

Best Value Apartments for Rent in Calumet Park, IL and Nearby

As of April 12, 2025 the best value apartment in the Calumet Park area is the $1.15 price per square foot 12537 S Marshfield Ave Model at 12537 S Marshfield Ave, Unit 1st in the in the South Chicago neighborhood starting from $1,600. The second greatest value Calumet Park apartment is the 2251 119th St Model at 2251 119th St, Unit 2nd floor starting at $1,500 with a $1.15 price per square foot in the Morgan Park neighborhood. Here is today’s list of the best values for Calumet Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
12537 S Marshfield Ave, Unit 1st12537 S Marshfield Ave3BR,1BA$1.15
2251 119th St, Unit 2nd floor2251 119th St3BR,1.5BA$1.15
Lakes Apartments3 Bedroom Townhouse3BR,1.5BA$1.14
12537 S Marshfield Ave, Unit 112537 S Marshfield Ave3BR,1BA$1.60
1404 W 119th St, Unit 31404 W 119th St3BR,1BA$1.63
14015 S Tracy Ave2 Bedroom 1 Bath Apartment2BR,1BA$1.58
10604 S Walden Parkway1BR/1.0BA1BR,1BA$3.57
2062 W 135th Pl2 Bedroom 1 Bath Apartment2BR,1BA$1.77
14127 S School St1 Bedroom 1 Bath Apartment1BR,1BA$1.99

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Frequently Asked Questions about Calumet Park

What type of rentals are currently available in Calumet Park?

There are currently 360 Apartments for Rent in Calumet Park, IL with pricing that ranges from $800 to $2,600. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Calumet Park ranging from $1,000 to $4,455.

What is the current price range for Rental Homes in Calumet Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Calumet Park ranges from $1,000 to $4,455 with an average monthly rent of $2,144.

How much are larger Three and Four Bedroom Rentals in Calumet Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Calumet Park range from $1,475 to $1,895, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,421.

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.