Cheap Apartments for Rent in the Austin Neighborhood of Chicago, IL from $700 (58 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Austin area of Chicago.

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1001-1005 S Mayfield Ave
Studio to 1 Bedroom Apartments

1001-1005 S Mayfield Ave

1001-1005 S Mayfield AveChicago, IL 60644
Utilities inc.

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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4807 W Thomas
Studio to 2 Bedroom Apartments

4807 W Thomas

4807-11 W Thomas StChicago, IL 60651
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123 N Central Ave
Studio to 1 Bedroom Apartments

123 N Central Ave

123 N Central AveChicago, IL 60644
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5836 W Madison St
Studio to 1 Bedroom Apartments

5836 W Madison St

5836 W Madison StChicago, IL 60644
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La Rose Apartments
1 to 2 Bedroom Apartments

La Rose Apartments

5501 W Monroe StChicago, IL 60644
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300 N Menard Ave
2 Bedroom Apartments

300 N Menard Ave

300 N Menard AveChicago, IL 60644
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17-19 N Waller Ave
1 to 2 Bedroom Apartments

17-19 N Waller Ave

17-19 N Waller AveChicago, IL 60644
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Pine North
1 Bedroom Apartments

Pine North

542 N Pine AveChicago, IL 60644
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500-14 S Laramie Ave
2 Bedroom Apartments

500-14 S Laramie Ave

500-514 S Laramie AveChicago, IL 60644
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5956 W North Ave
2 Bedroom Apartments

5956 W North Ave

5956 W North AveChicago, IL 60639
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5959 W West End Ave
3 Bedroom Apartments

5959 W West End Ave

5959 W West End AveChicago, IL 60644
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5302 W Ohio St
2 to 3 Bedroom Apartments

5302 W Ohio St

5302 W Ohio StChicago, IL 60644
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4814 W Monroe
3 Bedroom Apartments

4814 W Monroe

4814 W Monroe StChicago, IL 60644
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The Ray Apartments
Studio Apartments

The Ray Apartments

1118-1126 S Austin BlvdOak Park, IL 60304
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450-460 N Austin Blvd
1 Bedroom Apartments

450-460 N Austin Blvd

450-460 N Austin BlvdOak Park, IL 60302
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North Court
Studio to 1 Bedroom Apartments

North Court

480 N Austin BlvdOak Park, IL 60302
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1000 Austin
2 Bedroom Apartments

1000 Austin

1000-06 S Austin BlvdOak Park, IL 60304
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514 S Austin
1 Bedroom Apartments

514 S Austin

514 S Austin BlvdOak Park, IL 60304
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1022 N. Austin
1 Bedroom Apartments

1022 N. Austin

1022-1024 N AustinOak Park, IL 60302
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1000 N Austin
1 Bedroom Apartments

1000 N Austin

1000 N Austin BlvdOak Park, IL 60302
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7 Van Buren
1 Bedroom Apartments

7 Van Buren

404 S Austin BlvdOak Park, IL 60304
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206-214 N Austin Blvd
1 Bedroom Apartments

206-214 N Austin Blvd

206-214 N Austin BlvdOak Park, IL 60302
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930 N Austin Blvd
1 Bedroom Apartments

930 N Austin Blvd

930 N Austin BlvdOak Park, IL 60302
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440 N Austin Blvd
1 Bedroom Apartments

440 N Austin Blvd

440 N Austin BlvdOak Park, IL 60302
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Showing Results 1-50, Page 1 of 2

Austin, Chicago, IL Local Guide

Cheapest Available Austin Apartments for Rent

 

The cheapest available apartment rental in the Austin area of Chicago, IL is a Studio unit found at Washington Plaza priced from $835. Pine North has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Austin apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Washington PlazaStudio ApartmentStudio,1BA$835
Pine North1BR/1.0BA1BR,1BA$950
1530-1532 N. Austin Blvd.1532 N. Austin 9, 12 & 151BR,1BA$1,149
618-632 S. Austin Blvd.618 S. Austin B, 624 S. Austin G, 626 S. Austin...1BR,1BA$1,219
Oak Park Residence Corporation1 bedrooms at various prices and locations1BR,1BA$1,260
140 S Austin Blvd3BD/1BA3BR,1BA$1,325
432-438 N. Austin Blvd.432 N. Austin A & 438 N. Austin H2BR,1BA$1,429
814-820 S. Austin Blvd.814 & 820 S. Austin E2BR,1BA$1,439
24-32 Washington Blvd.24 Washington A & 32 Washington B1BR,1BA$1,499

Best Value Apartments for Rent in Austin, IL

As of February 25, 2025 the best value apartment in the Austin area is the $0.50 price per square foot 3BD/1BA Model at 140 S Austin Blvd in the in the Oak Park Historic District neighborhood starting from $1,325. The second greatest value Austin apartment is the 5100 W Fulton St Model at 5100 W Fulton St, Unit 1 starting at $2,250 with a $0.87 price per square foot in the Austin neighborhood. Here is today’s list of the best values for Austin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
140 S Austin Blvd3BD/1BA3BR,1BA$0.50
5100 W Fulton St, Unit 15100 W Fulton St4BR,2BA$0.87
5241 W Washington Blvd, Unit 2nd fl.5241 W Washington Blvd3BR,1BA$1.06
1227 N Parkside Ave, Unit Garden unit1227 N Parkside Ave2BR,1BA$1.50
24-32 Washington Blvd.24 Washington A & 32 Washington B1BR,1BA$1.53
814-820 S. Austin Blvd.814 & 820 S. Austin E2BR,1BA$1.51
432-438 N. Austin Blvd.432 N. Austin A & 438 N. Austin H2BR,1BA$1.56
551 N Lavergne Ave, Unit 551 2ND FLR551 N Lavergne Ave2BR,1BA$1.37
8-12 Van Buren St. and 336-350 S. Austin B336 S. Austin N & 346 S. Austin F2BR,1BA$1.92
Pine North1BR/1.0BA1BR,1BA$1.60

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Pet Friendly Lifestyle
Austin, Chicago, IL

Ranked #99

Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Austin, Chicago, IL

School data provided by Great Schools

Best Local Schools in
Austin, Chicago, IL

School data provided by Great Schools

Getting Around the Austin Neighborhood in Chicago, IL

Walk Score®

75 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

61 / 100

Bikeable

Some bike infrastructure

Transit Score®

64 / 100

Good Transit

Many nearby public transportation options

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 Austin Apartments

What is the Cheapest Studio apartment in Austin?

Currently the most affordable Cheap Studio Apartment in Austin is at Washington Plaza listed at $835.

How much is rent for a Cheap One Bedroom Austin Apartment?

The lowest price for a Cheap One Bedroom Austin Apartment is $950 at Pine North.

What is the lowest price for a Cheap Two Bedroom Austin Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Austin is starting from $1,429 at 432-438 N. Austin Blvd..

What is the most affordable Austin Three Bedroom Apartment?

The best deal on a cheap Austin Three Bedroom Apartment rental is at 140 S Austin Blvd and starts from $1,325.

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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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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.