
Cheap Homes for Rent in Douglas Neighborhood of Chicago, IL from $1,000 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Douglas area of Chicago.


435 E Oakwood Blvd

3006 S Wells St

3001 S Michigan Ave

500 E 33rd St

3707 S Michigan Ave
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
Douglas, Chicago, IL Local Guide

How much does it cost to rent a home in Douglas?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Douglas 2 Bedroom Homes for Rent | $2,228 | $1,800 | $2,700 |
Douglas 3 Bedroom Homes for Rent | $2,791 | $2,100 | $3,800 |
Douglas 4 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
Douglas 5 Bedroom Homes for Rent | $6,000 | $6,000 | $6,000 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 1 mile radius of the Douglas Neighborhood of Chicago, IL.
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Douglas, Chicago, IL Local Guide
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Cheapest Available Douglas Apartments for Rent
 The cheapest available apartment rental in the Douglas area of Chicago, IL is a Studio unit found at Lake Meadows Apartments priced from $1,040. Lake Grove Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Douglas apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Lake Meadows Apartments | lakem7-0b1b | Studio,1BA | $1,040 |
Lake Grove Village | 1B | 1BR,1BA | $1,100 |
McCormick | Private Bedroom in Shared 4 Bed 3 Bath (D) | 4BR,3BA | $1,108 |
Best Value Apartments for Rent in Douglas, IL
As of April 16, 2025 the best value apartment in the Douglas area is the $2.07 price per square foot The Lakeshore Model at Woodland Park By The Lake in the in the Douglas neighborhood starting from $2,155. The second greatest value Douglas apartment is the Chestnut Model at Arrive LEX starting at $3,279 with a $3.20 price per square foot in the Near South Side neighborhood. Here is today’s list of the best values for Douglas apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Woodland Park By The Lake | The Lakeshore | 2BR,2BA | $2.07 |
Arrive LEX | Chestnut | 1BR,1.5BA | $3.20 |
3711 S Michigan Ave | 3711 S Michigan Ave | 3BR,1BA | $2.05 |
2943 S Canal St, Unit 2 | 2943 S Canal St | 1BR,1BA | $1.50 |
The Shelby | A2 | 1BR,1BA | $2.86 |
Eden Commons | Two Bedroom | 2BR,1BA | $2.16 |
Lake Grove Village | 1A | 1BR,1BA | $1.78 |
3021 S Michigan Ave, Unit 208 | 3021 S Michigan Ave | 1BR,1BA | $2.95 |
Lake Meadows Apartments | lakem7-0b1a_b | Studio ,1BA | $2.74 |
Prairie Shores | Classic Studio | Studio ,1BA | $2.91 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Douglas
What type of rentals are currently available in Douglas?
There are currently 363 Apartments for Rent in Douglas, IL with pricing that ranges from $995 to $10,002. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Douglas ranging from $1,025 to $6,000.
What is the current price range for Rental Homes in Douglas?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Douglas ranges from $1,025 to $6,000 with an average monthly rent of $2,778.
How much are larger Three and Four Bedroom Rentals in Douglas?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Douglas range from $1,485 to $10,002, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $3,800. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $1,230.
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.

Know Your Rights - How Discrimination Laws Impact Landlords & Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.