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Cheap Apartments for Rent in the Chatham Neighborhood of Chicago, IL from $500 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Chatham area of Chicago.
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Rent Specials
from $7501 to 3 Bedroom Apartments Available Now
Chatham Park Village-Cooperative (Membership)
737 E 83rd PlChicago, IL 60619
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from $850Studio to 1 Bedroom Apartments Available Now
The Townhouse Apartments
7022 S South Shore DrChicago, IL 60649
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from $9001 Bedroom Apartment Available Now
7915 S Dobson Ave, Unit 2E
7915 S Dobson AveChicago, IL 60619
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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
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Chatham
Named as one of the Best Affordable Neighborhoods to rent in Chicago by our Chicago, IL Local Expert Nicole Harms. See how it ranks!
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Showing Results 1-40, Page 1 of 1
Chatham, Chicago, IL Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Chatham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chatham Studio Apartments | $1,115 | $575 | $2,161 |
| Chatham 1 Bedroom Apartments | $1,385 | $750 | $2,360 |
| Chatham 2 Bedroom Apartments | $1,445 | $906 | $1,860 |
| Chatham 3 Bedroom Apartments | $1,672 | $1,375 | $1,792 |
| Chatham 4 Bedroom Apartments | $1,325 | $1,250 | $1,400 |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 2 mile radius of the Chatham Neighborhood of Chicago, IL.
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Cheapest Available Chatham Apartments for Rent
The cheapest available apartment rental in the Chatham area of Chicago, IL is a Studio unit found at 1155 W 83rd St priced from $650. 6246 S. King Dr. has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Chatham apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1155 W 83rd St | Studio | Studio,1BA | $650 |
| 6246 S. King Dr. | Two rm Studio | Studio,1BA | $750 |
| Chatham Park Village-Cooperative (Membership) | 1 Bedroom | 1BR,1BA | $750 |
| 8152 S Evans | Studio Apartment | Studio,1BA | $775 |
| 7917-27 S Drexel Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $825 |
| The Townhouse Apartments | Studio, 1 bath | Studio,1BA | $850 |
| 8345-49 S Drexel Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $855 |
| 8231-37 S Ellis Ave | 1 Bedroom 1 Bath Garden unit | 1BR,1BA | $865 |
| 7929 S State St | Studio Apartment | Studio,1BA | $885 |
| 8155 S Maryland | 1 Bedroom 1 Bath Apartment with dining | 1BR,1BA | $885 |
Best Value Apartments for Rent in Chatham, IL
As of February 15, 2025 the best value apartment in the Chatham area is the $0.87 price per square foot 8046 S Maryland Ave Model at 8046 S Maryland Ave, Unit 2 in the in the Chatham neighborhood starting from $1,299. The second greatest value Chatham apartment is the 8048 S Champlain Ave Model at 8048 S Champlain Ave, Unit #1 starting at $1,450 with a $1.16 price per square foot in the Chatham neighborhood. Here is today’s list of the best values for Chatham apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 8046 S Maryland Ave, Unit 2 | 8046 S Maryland Ave | 2BR,1BA | $0.87 |
| 8048 S Champlain Ave, Unit #1 | 8048 S Champlain Ave | 2BR,1BA | $1.16 |
| 7824 S Greenwood Ave, Unit G | 7824 S Greenwood Ave | 4BR,2BA | $1.04 |
| 8017 S Vernon Ave | 2BD/1BA | 2BR,1BA | $1.33 |
| 7915 S Dobson Ave, Unit 2E | 7915 S Dobson Ave | 1BR,1BA | $1.00 |
| 7930-46 S Ingleside Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.05 |
| 7953-59 S Dobson Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.29 |
| 8201 S Drexel Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.36 |
| 8253-59 S Ingleside Ave | 1 Bedroom 1 Bath Apartment with dining | 1BR,1BA | $1.33 |
| 8155 S Maryland | 1 Bedroom 1 Bath Apartment with dining | 1BR,1BA | $1.33 |
Getting Around the Chatham Neighborhood in Chicago, IL
Walk Score®
84 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
56 / 100
Bikeable
Some bike infrastructure
Transit Score®
63 / 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 Chatham Apartments
What is the Cheapest Studio apartment in Chatham?
Currently the most affordable Cheap Studio Apartment in Chatham is at 1155 W 83rd St listed at $650.
How much is rent for a Cheap One Bedroom Chatham Apartment?
The lowest price for a Cheap One Bedroom Chatham Apartment is $750 at Chatham Park Village-Cooperative (Membership).
What is the lowest price for a Cheap Two Bedroom Chatham Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Chatham is starting from $906 at Chatham Park Village-Cooperative (Membership).
What is the most affordable Chatham Three Bedroom Apartment?
The best deal on a cheap Chatham Three Bedroom Apartment rental is at Chatham Park Village-Cooperative (Membership) and starts from $1,484.
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.
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.
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.
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.