Cheap Apartments for Rent in the Far South Chicago Neighborhood of Chicago, IL from $500 (10 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Far South Chicago area of Chicago.

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11000 S Michigan Ave
Studio to 2 Bedroom Apartments

11000 S Michigan Ave

11000 S Michigan AveChicago, IL 60628
  • Utilities Included
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12157 S Michigan Ave
1 Bedroom Apartments

12157 S Michigan Ave

12157 S Michigan AveChicago, IL 60628
Corporate Housing
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10901 S Vernon
1 to 2 Bedroom Apartments

10901 S Vernon

10901-10911 S Vernon AveChicago, IL 60628
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Baric Commons
1 to 2 Bedroom Apartments

Baric Commons

232 E 121st PlzChicago, IL 60628

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

Far South Chicago, Chicago, IL Local Guide

Cheapest Available Far South Chicago Apartments for Rent

 

The cheapest available apartment rental in the Far South Chicago area of Chicago, IL is a 1 Bed unit found at 11111 S Vernon priced from $940. 222 E 109th St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,040. Here are the most affordable Far South Chicago apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
11111 S Vernon1 Bedroom 1 Bath Apartment1BR,1BA$940
222 E 109th St1 Bedroom1BR,1BA$1,040
11214-18 S Indiana2BR/1.0BA2BR,1BA$1,100

Best Value Apartments for Rent in Far South Chicago, IL

As of April 27, 2025 the best value apartment in the Far South Chicago area is the $1.12 price per square foot Double & Single Used Model at Harbor Point Estates in the in the South Chicago neighborhood starting from $1,450. The second greatest value Far South Chicago apartment is the 2 Bedroom Apartment Model at Lakes Apartments starting at $1,165 with a $1.38 price per square foot in the North River neighborhood. Here is today’s list of the best values for Far South Chicago apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Harbor Point EstatesDouble & Single Used3BR,2BA$1.12
Lakes Apartments2 Bedroom Apartment2BR,1BA$1.38
222 E 109th St1 Bedroom1BR,1BA$1.35
11214-18 S Indiana2BR/1.0BA2BR,1BA$1.57
11111 S Vernon1 Bedroom 1 Bath Apartment1BR,1BA$1.50

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Pet Friendly Lifestyle
Far South Chicago, Chicago, IL

Ranked #99

Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Far South Chicago Neighborhood in Chicago, IL

Walk Score®

34 / 100

Car-Dependent

Most errands require a car

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

46 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Far South Chicago Apartments

How much is rent for a Cheap One Bedroom Far South Chicago Apartment?

The lowest price for a Cheap One Bedroom Far South Chicago Apartment is $1,040 at 222 E 109th St.

What is the lowest price for a Cheap Two Bedroom Far South Chicago Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Far South Chicago is starting from $1,100 at 11214-18 S Indiana.

What is the most affordable Far South Chicago Three Bedroom Apartment?

The best deal on a cheap Far South Chicago Three Bedroom Apartment rental is at Harbor Point Estates and starts from $1,450.

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.

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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.

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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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and 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.