1719 N Mayfield Ave
ChicagoIL60639
Cheap Homes for Rent in Austin Neighborhood of Chicago, IL from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Austin area of Chicago.
1656 N Monitor Ave
ChicagoIL60639
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
5647 W Madison St
ChicagoIL60644
1430 N Leamington Ave
ChicagoIL60651
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.
4838 W Fulton St
ChicagoIL60644
646 N Long Ave
ChicagoIL60644
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.
4938 W Monroe St
ChicagoIL60644
4938 W Monroe St
ChicagoIL60644
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
Showing Results 1-8, Page 1 of 1
Austin, Chicago, IL Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Austin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Austin 2 Bedroom Homes for Rent | $1,780 | $1,400 | $2,250 |
| Austin 3 Bedroom Homes for Rent | $1,817 | $1,200 | $2,400 |
| Austin 4 Bedroom Homes for Rent | $2,450 | $1,850 | $3,000 |
| Austin 5 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Austin Neighborhood of Chicago, IL.
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Austin, Chicago, IL Local Guide
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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 $870. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Washington Plaza | Studio Apartment | Studio,1BA | $870 |
| 5957 W Madison St | Studio Apartment | Studio,1BA | $895 |
| 5001 W Adams St | Studio Apartment | Studio,1BA | $925 |
Best Value Apartments for Rent in Austin, IL
As of May 14, 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 4 Bedroom 2 Bathroom Apartment Model at 5556-64 W Jackson Blvd starting at $1,640 with a $1.29 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5100 W Fulton St, Unit 1 | 5100 W Fulton St | 4BR,2BA | $0.87 |
| 5556-64 W Jackson Blvd | 4 Bedroom 2 Bathroom Apartment | 4BR,2BA | $1.29 |
| 2007 N Lamon Ave, Unit 2N | 2007 N Lamon Ave | 2BR,1BA | $1.16 |
| 418-24 S Laramie Ave | 3 Bedroom 2 Bathroom Apartment | 3BR,2BA | $1.45 |
| 130-142 N. Humphrey Ave. | 142 N. Humphrey S | 1BR,1BA | $1.38 |
| 824 N Parkside Ave, Unit 3rd floor | 824 N Parkside Ave | 3BR,1BA | $1.35 |
| 5024 W Quincy St | 3 Bedroom 1 Bath Apartment | 3BR,1BA | $1.62 |
| 1412-1414 N. Austin Blvd. | 1412 N. Austin E | 1BR,1BA | $1.69 |
| 5236 W Harrison | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.51 |
| 310 N Menard | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.71 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Austin
What type of rentals are currently available in Austin?
There are currently 548 Apartments for Rent in Austin, IL with pricing that ranges from $870 to $10,497. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Austin ranging from $875 to $4,200.
What is the current price range for Rental Homes in Austin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Austin ranges from $875 to $4,200 with an average monthly rent of $2,291.
How much are larger Three and Four Bedroom Rentals in Austin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Austin range from $1,150 to $3,495, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,850.
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.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
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.
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.