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Cheap Apartments for Rent in the Gresham Neighborhood of Chicago, IL from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Gresham area of Chicago.
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Studio to 1 Bedroom Apartments
First InSite 7959 S Ashland Apartments
7959 S Ashland AveChicago, IL 60620
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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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 1-12, Page 1 of 1
Gresham, Chicago, IL Local Guide
How much does it cost to rent an apartment in Gresham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Gresham Studio Apartments | $825 | $575 | $1,050 |
| Gresham 1 Bedroom Apartments | $1,342 | $750 | $2,942 |
| Gresham 2 Bedroom Apartments | $1,493 | $1,125 | $3,650 |
| Gresham 3 Bedroom Apartments | $1,530 | $1,125 | $1,850 |
| Gresham 4 Bedroom Apartments | $1,865 | $1,450 | $2,650 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Gresham Neighborhood of Chicago, IL.
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Cheapest Available Gresham Apartments for Rent
The cheapest available apartment rental in the Gresham area of Chicago, IL is a Studio unit found at 1155 W 83rd St priced from $650. 808 W 76th St has the second lowest priced unit, which is a Studio apartment currently listed from $720. Here are the most affordable Gresham apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1155 W 83rd St | Studio | Studio,1BA | $650 |
| 808 W 76th St | Studio Apartment | Studio,1BA | $720 |
| 6246 S. King Dr. | Two rm Studio | Studio,1BA | $750 |
| 7756 S Marshfield Ave | 1 Bedroom 1 Bath Apartment with dining | 1BR,1BA | $865 |
| Chatham Apartments | 1 Bedroom | 1BR,1BA | $900 |
Best Value Apartments for Rent in Gresham, IL
As of April 17, 2025 the best value apartment in the Gresham area is the $0.66 price per square foot 7837 S Peoria St Model at 7837 S Peoria St, Unit 1 in the in the Auburn Gresham neighborhood starting from $2,650. The second greatest value Gresham apartment is the 7809 S Marshfield Ave Model at 7809 S Marshfield Ave, Unit 7809 South Marshfield #1 starting at $1,200 with a $0.55 price per square foot in the Auburn Gresham neighborhood. Here is today’s list of the best values for Gresham apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 7837 S Peoria St, Unit 1 | 7837 S Peoria St | 4BR,3BA | $0.66 |
| 7809 S Marshfield Ave, Unit 7809 South Marshfield #1 | 7809 S Marshfield Ave | 2BR,1BA | $0.55 |
| 9021 S Justine St, Unit 9021 S. Justine 1S | 9021 S Justine St | 2BR,1BA | $1.13 |
| 7712 S Carpenter St, Unit 2 | 7712 S Carpenter St | 2BR,1BA | $1.38 |
| Keystone Place Apartments | 2 Bedroom Market | 2BR,1BA | $1.37 |
| 8017 S Vernon Ave | 2BD/1BA | 2BR,1BA | $1.33 |
| 2504 W 63rd St | 3 Bedroom | 3BR,1BA | $1.09 |
| 8259 S Elizabeth St | 3 Bedroom 1 Bath Apartment | 3BR,1BA | $1.29 |
| 8311 S Racine Ave | 8311 S Racine Ave | 1BR,1BA | $1.33 |
| 8000 S Paulina | 2 Bedroom | 2BR,1BA | $1.25 |
Getting Around the Gresham Neighborhood in Chicago, IL
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
62 / 100
Bikeable
Some bike infrastructure
Transit Score®
61 / 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 Gresham Apartments
What is a cheap apartment in Gresham?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Gresham is under $1,050.
What is the price of a cheap apartment in Gresham?
The cheapest apartment in Gresham is 1155 W 83rd St which is listed at $750, while the average apartment in Gresham costs $2,125.
What types of apartments are the cheapest in Gresham?
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 8 regular apartments in Gresham 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 Gresham?
Cheap apartments in Gresham have an average cost of $259 which is $1,866 cheaper than the average rent for all rentals in Gresham.
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 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.
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.