Cheap Homes for Rent in Albany Park Neighborhood of Chicago, IL from $1,100 (18 Rentals)

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Search the lowest-cost Homes available for rent right now in the Albany Park area of Chicago.

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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Cheapest Available Albany Park Apartments for Rent

 

The cheapest available apartment rental in the Albany Park area of Chicago, IL is a Studio unit found at The Sovereign priced from $855. 4241 Kenmore Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. Here are the most affordable Albany Park apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
The SovereignStudio - SmallStudio,1BA$855
4241 Kenmore ApartmentsStudio UnitsStudio,1BA$1,200
5054 N Ridgeway Ave2br2BR,1BA$1,600

Best Value Apartments for Rent in Albany Park, IL

As of April 16, 2025 the best value apartment in the Albany Park area is the $1.70 price per square foot 4040 N Avers Ave Model at 4040 N Avers Ave, Unit 1 in the in the Albany Park neighborhood starting from $3,575. The second greatest value Albany Park apartment is the 3714 W Irving Park Rd Model at 3714 W Irving Park Rd, Unit 2 ND FLR starting at $2,000 with a $1.43 price per square foot in the Albany Park neighborhood. Here is today’s list of the best values for Albany Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4040 N Avers Ave, Unit 14040 N Avers Ave4BR,3BA$1.70
3714 W Irving Park Rd, Unit 2 ND FLR3714 W Irving Park Rd2BR,1BA$1.43
4343 N Spaulding Ave, Unit 24343 N Spaulding Ave3BR,1BA$1.72
4343 N Spaulding Ave, Unit 24343 N Spaulding Ave3BR,1BA$1.72
4001 W Montrose Ave, Unit 24001 W Montrose Ave3BR,1BA$1.44
4716 N Kedzie Ave, Unit 24716 N Kedzie Ave2BR,1BA$1.38
4746 N Troy St, Unit 14746 N Troy St2BR,1BA$1.60
3610 W Sunnyside Ave, Unit 123610 W Sunnyside Ave1BR,1BA$1.65
4044 N California Ave, Unit 1034044 N California Ave1BR,1BA$1.61
4604 N Monticello Ave, Unit 3E4604 N Monticello Ave1BR,1BA$1.77

Frequently Asked Questions about Albany Park

What type of rentals are currently available in Albany Park?

There are currently 528 Apartments for Rent in Albany Park, IL with pricing that ranges from $855 to $6,800. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albany Park ranging from $1,100 to $3,900.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Albany Park ranges from $1,100 to $3,900 with an average monthly rent of $2,017.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Albany Park range from $975 to $4,595, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,900. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $3,350.

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.

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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.