
Cheap Homes for Rent in Cragin Neighborhood of Chicago, IL from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Cragin area of Chicago.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
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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

2507 N Lotus Ave

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Cragin, Chicago, IL Local Guide

How much does it cost to rent a home in Cragin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cragin 2 Bedroom Homes for Rent | $1,750 | $1,375 | $2,300 |
Cragin 3 Bedroom Homes for Rent | $2,210 | $1,895 | $2,475 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Cragin Neighborhood of Chicago, IL.
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Cragin, Chicago, IL Local Guide
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Best Value Apartments for Rent in Cragin, IL
As of May 10, 2025 the best value apartment in the Cragin area is the $1.16 price per square foot 2007 N Lamon Ave Model at 2007 N Lamon Ave, Unit 2N in the in the Cragin neighborhood starting from $1,450. The second greatest value Cragin apartment is the 5356 W Belmont Ave Model at 5356 W Belmont Ave, Unit 5356 W Belmont starting at $1,875 with a $1.56 price per square foot in the Dunning neighborhood. Here is today’s list of the best values for Cragin apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2007 N Lamon Ave, Unit 2N | 2007 N Lamon Ave | 2BR,1BA | $1.16 |
5356 W Belmont Ave, Unit 5356 W Belmont | 5356 W Belmont Ave | 2BR,1BA | $1.56 |
5128 W Montana St, Unit First Floor | 5128 W Montana St | 2BR,1BA | $1.50 |
2415 N Central Ave, Unit 2dn Floor | 2415 N Central Ave | 2BR,1BA | $1.64 |
5128 W Henderson St, Unit 1 | 5128 W Henderson St | 2BR,1BA | $1.90 |
5124 W Henderson St, Unit 2 | 5124 W Henderson St | 2BR,1BA | $1.95 |
5128 W Henderson St, Unit 1 | 5128 W Henderson St | Studio ,2BA | $1.90 |
5207 W School St, Unit 2 | 5207 W School St | 3BR,1BA | $1.95 |
5128 W Henderson St, Unit 1 | 5128 W Henderson St | 2BR,1BA | $1.99 |
5128 W Henderson St, Unit 1 | 5128 W Henderson St | 1BR,2BA | $1.99 |
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.
Frequently Asked Questions about Cragin
What type of rentals are currently available in Cragin?
There are currently 202 Apartments for Rent in Cragin, IL with pricing that ranges from $1,000 to $2,500. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cragin ranging from $995 to $2,475.
What is the current price range for Rental Homes in Cragin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cragin ranges from $995 to $2,475 with an average monthly rent of $1,594.
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.