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Cheap Apartments for Rent in the Chatham Neighborhood of Chicago, IL from $500 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Chatham area of Chicago.
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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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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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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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1 to 3 Bedroom Apartments
Chatham Park Village-Cooperative (Membership)
737 E 83rd PlChicago, IL 60619
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Showing Results 1-35, 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 | $1,127 | $575 | $1,989 |
| Chatham 1 Bedroom Apartments | $1,360 | $750 | $2,276 |
| Chatham 2 Bedroom Apartments | $1,670 | $1,050 | $2,715 |
| Chatham 3 Bedroom Apartments | $1,739 | $1,375 | $2,300 |
| Chatham 4 Bedroom Apartments | $1,325 | $1,250 | $1,400 |
Browse Apartments in this Neighborhood
There are currently 35 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 |
| 8001-09 S Ellis Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $840 |
| The Townhouse Apartments | Studio, 1 bath | Studio,1BA | $850 |
| 8000 S Ellis Ave | 1 Bedroom 1 Bath | 1BR,1BA | $855 |
| 7927 S Ellis Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $855 |
| 8222-32 S Ingleside Ave | 1 Bedroom 1 Bath Apartment with dining | 1BR,1BA | $855 |
| 8155 S Ingleside Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $865 |
| 8159 S Drexel Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $875 |
| Chatham Apartments | 1 Bedroom | 1BR,1BA | $900 |
Best Value Apartments for Rent in Chatham, IL
As of April 13, 2025 the best value apartment in the Chatham area is the $1.13 price per square foot 7914 S Champlain Ave Model at 7914 S Champlain Ave, Unit 1 in the in the Chatham neighborhood starting from $1,800. The second greatest value Chatham apartment is the 7944 S Lafayette Ave Model at 7944 S Lafayette Ave, Unit 2 starting at $1,250 with a $0.93 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. |
|---|---|---|---|
| 7914 S Champlain Ave, Unit 1 | 7914 S Champlain Ave | 3BR,1BA | $1.13 |
| 7944 S Lafayette Ave, Unit 2 | 7944 S Lafayette Ave | 2BR,1BA | $0.93 |
| 7824 S Greenwood Ave, Unit G | 7824 S Greenwood Ave | 4BR,2BA | $1.04 |
| 8017 S Vernon Ave | 2BD/1BA | 2BR,1BA | $1.33 |
| 7524 S Ellis Ave, Unit 1 | 7524 S Ellis Ave | 4BR,1BA | $1.40 |
| 7924 S Vernon | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.14 |
| 8241-49 S Ellis Ave | 2 Bedroom 1 Bath Apartment with dining | 2BR,1BA | $1.48 |
| 8222-32 S Ingleside Ave | 1 Bedroom 1 Bath Apartment with dining | 1BR,1BA | $1.22 |
| 8236 S Maryland Ave | 1 Bedroom 1 Bath Garden unit | 1BR,1BA | $1.39 |
| Chatham Apartments | 1 Bedroom | 1BR,1BA | $1.44 |
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 1155 W 83rd St.
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 $1,185 at 8241-49 S Ellis Ave.
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.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
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.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.