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Cheap Apartments for Rent in the Fernwood Neighborhood of Chicago, IL from $500 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fernwood area of Chicago.
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from $880Studio to 2 Bedroom Apartments Available Now
11111 S Vernon
11111-11115 S Vernon AveChicago, IL 60628
10853 S Vernon Ave
ChicagoIL60628
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from $800Studio to 3 Bedroom Apartments Contact Us For Availability
Blue Station
2130 122nd StBlue Island, IL 60406
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
Showing Results 1-8, Page 1 of 1
Fernwood, Chicago, IL Local Guide
How much does it cost to rent an apartment in Fernwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fernwood Studio Apartments | $732 | $650 | $800 |
| Fernwood 1 Bedroom Apartments | $1,302 | $750 | $2,648 |
| Fernwood 2 Bedroom Apartments | $1,380 | $1,023 | $2,200 |
| Fernwood 3 Bedroom Apartments | $1,500 | $1,375 | $1,650 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Fernwood Neighborhood of Chicago, IL.
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Fernwood, Chicago, IL Local Guide
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Cheapest Available Fernwood Apartments for Rent
The cheapest available apartment rental in the Fernwood area of Chicago, IL is a Studio unit found at 1155 W 83rd St priced from $650. 11111 S Vernon has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here are the most affordable Fernwood apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1155 W 83rd St | Studio | Studio,1BA | $650 |
| 11111 S Vernon | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $880 |
| Chatham Grove | 1 Bedroom, 1 Bath | 1BR,1BA | $920 |
Best Value Apartments for Rent in Fernwood, IL
As of March 25, 2025 the best value apartment in the Fernwood area is the $1.69 price per square foot 8918 S Hermitage Ave Model at 8918 S Hermitage Ave, Unit 1 in the in the Beverly neighborhood starting from $2,200. The second greatest value Fernwood apartment is the 2BR/1.0BA Model at 10437 S Hale Ave starting at $2,850 with a $2.38 price per square foot in the Beverly neighborhood. Here is today’s list of the best values for Fernwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 8918 S Hermitage Ave, Unit 1 | 8918 S Hermitage Ave | 2BR,1.5BA | $1.69 |
| 10437 S Hale Ave | 2BR/1.0BA | 2BR,1BA | $2.38 |
| 8017 S Vernon Ave | 2BD/1BA | 2BR,1BA | $1.33 |
| 1338 W 108th Pl | 1338 W 108th Pl | 4BR,2BA | $2.50 |
| 915 W 95th St, Unit 2e | 915 W 95th St | 2BR,1BA | $1.33 |
| 10320-28 S Walden Pkwy | 1BR/1.0BA | 1BR,1BA | $3.18 |
| Chatham Grove | 1 Bedroom, 1 Bath Renovation | 1BR,1BA | $1.53 |
| 8004 S Eberhart Ave | 2BR/1.0BA | 2BR,1BA | $2.15 |
| 11111 S Vernon | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.72 |
| 11214-18 S Indiana | 0BR/1.0BA | Studio ,1BA | $2.42 |
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Pet Friendly LifestyleFernwood, Chicago, IL
Ranked #114
Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Fernwood Neighborhood in Chicago, IL
Walk Score®
61 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
49 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
55 / 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 Fernwood Apartments
What is the Cheapest Studio apartment in Fernwood?
Currently the most affordable Cheap Studio Apartment in Fernwood is at 1155 W 83rd St listed at $650.
How much is rent for a Cheap One Bedroom Fernwood Apartment?
The lowest price for a Cheap One Bedroom Fernwood Apartment is $750 at 1155 W 83rd St.
What is the lowest price for a Cheap Two Bedroom Fernwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Fernwood is starting from $1,040 at 11111 S Vernon.
What is the most affordable Fernwood Three Bedroom Apartment?
The best deal on a cheap Fernwood Three Bedroom Apartment rental is at 9017-25 S Cottage Grove and starts from $2,300.
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.