
Cheap Apartments for Rent in the Goose Island Neighborhood of Chicago, IL from $700 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Goose Island area of Chicago.


1514 N Elston Ave, Unit J06P

1514 N Elston Ave, Unit 2

Larrabee Place at Parkside of Old Town

1322 N Greenview Ave, Unit #3

1248 N Greenview Ave, Unit M00B

Verdant Apartments

715 N Willard Ct, Unit 1
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
Goose Island, Chicago, IL Local Guide

How much does it cost to rent an apartment in Goose Island?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Goose Island Studio Apartments | $2,204 | $1,313 | $4,879 |
Goose Island 1 Bedroom Apartments | $3,365 | $1,629 | $10,000+ |
Goose Island 2 Bedroom Apartments | $4,214 | $1,595 | $10,000+ |
Goose Island 3 Bedroom Apartments | $3,146 | $1,200 | $5,812 |
Goose Island 4 Bedroom Apartments | $1,430 | $1,285 | $1,580 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Goose Island Neighborhood of Chicago, IL.
See all Apartments in ChicagoExplore Chicago
Cheapest Available Goose Island Apartments for Rent
 The cheapest available apartment rental in the Goose Island area of Chicago, IL is a Studio unit found at Elm 551 at Parkside priced from $1,313. Larrabee Place at Parkside of Old Town has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,629. Here are the most affordable Goose Island apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Elm 551 at Parkside | Studio | Studio,1BA | $1,313 |
Larrabee Place at Parkside of Old Town | 1 Bedroom | 1BR,1BA | $1,629 |
Verdant Apartments | 0BR/1.0BA | Studio,1BA | $1,796 |
Nevele22 - 1122 W Chicago | S11 | Studio,1BA | $1,925 |
Xavier | 0x1 07 | Studio,1BA | $2,037 |
Best Value Apartments for Rent in Goose Island, IL
As of March 28, 2025 the best value apartment in the Goose Island area is the $1.41 price per square foot 730 N Willard Ct Model at 730 N Willard Ct, Unit M04B in the in the West Town neighborhood starting from $3,100. The second greatest value Goose Island apartment is the 1349 N Noble St Model at 1349 N Noble St, Unit 3 starting at $4,150 with a $1.98 price per square foot in the Noble Square neighborhood. Here is today’s list of the best values for Goose Island apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
730 N Willard Ct, Unit M04B | 730 N Willard Ct | 3BR,2.5BA | $1.41 |
1349 N Noble St, Unit 3 | 1349 N Noble St | 3BR,2.5BA | $1.98 |
1450 W Walton St, Unit 1 | 1450 W Walton St | 3BR,3BA | $2.30 |
724 N Willard Ct, Unit M01B | 724 N Willard Ct | 2BR,1BA | $2.38 |
1454 W Walton St, Unit 2 | 1454 W Walton St | 2BR,2BA | $2.29 |
737 N May St, Unit 2R | 737 N May St | 2BR,1BA | $2.00 |
1429 W Superior St, Unit 1 | 1429 W Superior St | 2BR,1BA | $2.33 |
715 N Willard Ct, Unit 1 | 715 N Willard Ct | 2BR,1BA | $2.08 |
1248 N Greenview Ave, Unit M00B | 1248 N Greenview Ave | 1BR,1BA | $2.13 |
Larrabee Place at Parkside of Old Town | 1 Bedroom | 1BR,1BA | $2.28 |
Getting Around the Goose Island Neighborhood in Chicago, IL
Walk Score®
87 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
88 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
76 / 100
Excellent Transit
Transit is convenient for most trips
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 Goose Island Apartments
What is a cheap apartment in Goose Island?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Goose Island is under $2,037.
What is the price of a cheap apartment in Goose Island?
The cheapest apartment in Goose Island is Larrabee Place at Parkside of Old Town which is listed at $1,629, while the average apartment in Goose Island costs $3,995.
What types of apartments are the cheapest in Goose Island?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 52 regular apartments in Goose Island that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Goose Island?
Cheap apartments in Goose Island have an average cost of $655 which is $3,340 cheaper than the average rent for all rentals in Goose Island.
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.