
Cheap Homes for Rent in Fernwood Neighborhood of Chicago, IL from $1,000 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Fernwood area of Chicago.


9453 S Loomis St

11830 S Harvard Ave

714 W 111th St

10955 S Vernon Ave

10212 S King Dr

8758 S May St

11327 S St Lawrence Ave

8936 S Ashland Ave

11362 S Morgan St
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

10901 S King Dr

10214 S King Dr

8900 S Dauphin Ave

8900 S Dauphin Ave
Fernwood, Chicago, IL Local Guide

How much does it cost to rent a home in Fernwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Fernwood 2 Bedroom Homes for Rent | $1,462 | $1,025 | $2,700 |
Fernwood 3 Bedroom Homes for Rent | $2,036 | $1,350 | $2,900 |
Fernwood 4 Bedroom Homes for Rent | $2,226 | $1,275 | $3,495 |
Fernwood 5 Bedroom Homes for Rent | $2,366 | $2,100 | $2,600 |
Browse Homes for Rent in this Neighborhood
There are currently 14 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 Neighborhoods for Apartments in Fernwood, IL
Pricing Updated: 03/20/2025Current apartment rentals in the Fernwood, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Fernwood Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
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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 |
10719 S Calumet Ave | 2 Bedroom 1 Bathroom Apartment | 2BR,1BA | $1,240 |
8004 S Eberhart Ave | 2BR/1.0BA | 2BR,1BA | $1,400 |
Best Value Apartments for Rent in Fernwood, IL
As of March 21, 2025 the best value apartment in the Fernwood area is the $2.38 price per square foot 2BR/1.0BA Model at 10437 S Hale Ave in the in the Beverly neighborhood starting from $2,850. The second greatest value Fernwood apartment is the 2BD/1BA Model at 8017 S Vernon Ave starting at $1,400 with a $1.33 price per square foot in the Chatham 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. |
---|---|---|---|
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 |
10719 S Calumet Ave | 2 Bedroom 1 Bathroom Apartment | 2BR,1BA | $1.34 |
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 | 1BR,1BA | $1.42 |
8004 S Eberhart Ave | 2BR/1.0BA | 2BR,1BA | $2.15 |
11111 S Vernon | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.88 |
11214-18 S Indiana | 0BR/1.0BA | Studio ,1BA | $2.42 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Fernwood
What type of rentals are currently available in Fernwood?
There are currently 326 Apartments for Rent in Fernwood, IL with pricing that ranges from $650 to $2,699. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fernwood ranging from $1,025 to $3,495.
What is the current price range for Rental Homes in Fernwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fernwood ranges from $1,025 to $3,495 with an average monthly rent of $1,885.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.