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

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Cheap Apartments in the Austin area of Chicago.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
close
View Me
1001-1005 S Mayfield Ave
Studio to 1 Bedroom Apartments

1001-1005 S Mayfield Ave

1001-1005 S Mayfield AveChicago, IL 60644
  • Utilities Included
close
View Me
123 N Central Ave
Studio to 1 Bedroom Apartments

123 N Central Ave

123 N Central AveChicago, IL 60644
  • Utilities Included
close
View Me
5836 W Madison St
Studio to 1 Bedroom Apartments

5836 W Madison St

5836 W Madison StChicago, IL 60644
  • Utilities Included
close
View Me
301-313 N. Austin Blvd.
Studio to 2 Bedroom Apartments

301-313 N. Austin Blvd.

301 N Austin BlvdChicago, IL 60644
  • Utilities Included
close
View Me
La Rose Apartments
1 to 2 Bedroom Apartments

La Rose Apartments

5501 W Monroe StChicago, IL 60644
  • Utilities Included
close
View Me
300 N Menard Ave
2 Bedroom Apartments

300 N Menard Ave

300 N Menard AveChicago, IL 60644
  • Utilities Included
close
View Me
5948 W Superior
Studio Apartments

5948 W Superior

5948 W Superior StChicago, IL 60644
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Read Article
close
View Me
17-19 N Waller Ave
1 to 2 Bedroom Apartments

17-19 N Waller Ave

17-19 N Waller AveChicago, IL 60644
  • Utilities Included
close
View Me
5001 W Adams St
Studio Apartments

5001 W Adams St

5001 W Adams StChicago, IL 60644
  • Utilities Included
close
View Me
4850 W North Ave
Studio to 2 Bedroom Apartments

4850 W North Ave

4854 W North AveChicago, IL 60639
close
View Me
5101 W Monroe St
2 Bedroom Apartments

5101 W Monroe St

5101-5103 W Monroe StChicago, IL 60644
close
View Me
5314 W Washington Blvd
1 Bedroom Apartments

5314 W Washington Blvd

5201-5207 W Washington BlvdChicago, IL 60644
  • Utilities Included
close
View Me
5011 W Maypole Ave
1 Bedroom Apartments

5011 W Maypole Ave

5011-5015 W Maypole AveChicago, IL 60644
close
View Me
330 N Pine
1 Bedroom Apartments

330 N Pine

330 N Pine AveChicago, IL 60644
  • Utilities Included
close
View Me
5236 W Harrison
2 Bedroom Apartments

5236 W Harrison

5236 W HarrisonChicago, IL 60644

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

Read Article
close
View Me
5019 W Jackson Blvd
1 Bedroom Apartments

5019 W Jackson Blvd

5019 W Jackson BlvdChicago, IL 60644
  • Utilities Included
close
View Me
Oak Park Apartments
3 Bedroom Apartments

Oak Park Apartments

5959 W West End AveChicago, IL 60644
  • Utilities Included
close
View Me
The Ray Apartments
Studio Apartments

The Ray Apartments

1118-1126 S Austin BlvdOak Park, IL 60304
  • Utilities Included
close
View Me
450-460 N Austin Blvd
1 Bedroom Apartments

450-460 N Austin Blvd

450-460 N Austin BlvdOak Park, IL 60302
  • Utilities Included
close
View Me
North Court
Studio to 1 Bedroom Apartments

North Court

480 N Austin BlvdOak Park, IL 60302
  • Utilities Included
close
View Me
700 North Austin Blvd
1 Bedroom Apartments

700 North Austin Blvd

700 N Austin BlvdOak Park, IL 60302
  • Utilities Included
close
View Me
1000 Austin
2 Bedroom Apartments

1000 Austin

1000-06 S Austin BlvdOak Park, IL 60304
  • Utilities Included
close
View Me
1022 N. Austin
1 Bedroom Apartments

1022 N. Austin

1022-1024 N AustinOak Park, IL 60302
  • Utilities Included
close
View Me
1000 N Austin
1 Bedroom Apartments

1000 N Austin

1000 N Austin BlvdOak Park, IL 60302
  • Utilities Included
close
View Me
514 S Austin
1 Bedroom Apartments

514 S Austin

514 S Austin BlvdOak Park, IL 60304
  • Utilities Included
close
View Me
7 Van Buren
1 Bedroom Apartments

7 Van Buren

404 S Austin BlvdOak Park, IL 60304
  • Utilities Included
close
View Me
130-142 N. Humphrey Ave.
Studio to 1 Bedroom Apartments

130-142 N. Humphrey Ave.

130-142 N Humphrey AveOak Park, IL 60302
  • Utilities Included
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 $820. 5957 W Madison St has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Austin apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Washington PlazaStudio ApartmentStudio,1BA$820
5957 W Madison StStudio ApartmentStudio,1BA$895
5948 W SuperiorStudio ApartmentStudio,1BA$905
5001 W Adams StStudio ApartmentStudio,1BA$925
4850 W North AveNSTUDIO1Studio,1BA$950
500-14 S Laramie Ave1 Bedroom 1 Bathroom Apartment1BR,1BA$990
5101 W Monroe St2 Bedroom 1 Bath Apartment2BR,1BA$1,055
5011 W Maypole Ave1 Bedroom 1 Bath Apartment1BR,1BA$1,105
330 N Pine1 Bedroom 1 Bath Apartment1BR,1BA$1,110
5019 W Jackson Blvd1 Bedroom 1 Bath Apartment1BR,1BA$1,130

Best Value Apartments for Rent in Austin, IL

As of May 06, 2025 the best value apartment in the Austin area is the $0.87 price per square foot 5100 W Fulton St Model at 5100 W Fulton St, Unit 1 in the in the Austin neighborhood starting from $2,250. The second greatest value Austin apartment is the 4865 W Concord Pl Model at 4865 W Concord Pl, Unit 2 starting at $1,300 with a $1.15 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.
5100 W Fulton St, Unit 15100 W Fulton St4BR,2BA$0.87
4865 W Concord Pl, Unit 24865 W Concord Pl2BR,1BA$1.15
120 N LeClaire Ave, Unit two120 N LeClaire Ave3BR,1BA$1.73
418-24 S Laramie Ave3 Bedroom 2 Bathroom Apartment3BR,2BA$1.45
130-142 N. Humphrey Ave.142 N. Humphrey S1BR,1BA$1.38
824 N Parkside Ave, Unit 3rd floor824 N Parkside Ave3BR,1BA$1.35
5024 W Quincy St3 Bedroom 1 Bath Apartment3BR,1BA$1.62
1412-1414 N. Austin Blvd.1412 N. Austin E1BR,1BA$1.69
4813 W Armitage Ave, Unit 14813 W Armitage Ave1BR,1BA$1.44
5019 W Jackson Blvd1 Bedroom 1 Bath Apartment1BR,1BA$1.74

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Austin, Chicago, IL

Ranked #86

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

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 $820.

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

The lowest price for a Cheap One Bedroom Austin Apartment is $990 at 500-14 S Laramie Ave.

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 $1,055 at 5101 W Monroe St.

What is the most affordable Austin Three Bedroom Apartment?

The best deal on a cheap Austin Three Bedroom Apartment rental is at 5024 W Quincy St and starts from $1,340.

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.