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Cheap Apartments for Rent in the McKinley Park Neighborhood of Chicago, IL from $800 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the McKinley Park area of Chicago.
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5801 S Sacramento Ave
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Park Place Apartments
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3643 S Hermitage Ave, Unit 2
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
McKinley Park, Chicago, IL Local Guide
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How much does it cost to rent an apartment in McKinley Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
McKinley Park 1 Bedroom Apartments | $1,297 | $950 | $1,950 |
McKinley Park 2 Bedroom Apartments | $1,536 | $1,100 | $2,825 |
McKinley Park 3 Bedroom Apartments | $1,483 | $1,300 | $1,600 |
McKinley Park 4 Bedroom Apartments | $2,440 | $1,450 | $4,095 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the McKinley Park Neighborhood of Chicago, IL.
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McKinley Park, Chicago, IL Local Guide
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Cheapest Available McKinley Park Apartments for Rent
 The cheapest available apartment rental in the McKinley Park area of Chicago, IL is a 1 Bed unit found at 5801 S Sacramento Ave priced from $975. Park Place Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,140. Here are the most affordable McKinley Park apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
5801 S Sacramento Ave | 1BR/1.0BA | 1BR,1BA | $975 |
Park Place Apartments | Two Bedroom 50% | 2BR,1BA | $1,140 |
4351 S Honore St | 2BD/1BA | 2BR,1BA | $1,195 |
Best Value Apartments for Rent in McKinley Park, IL
As of February 28, 2025 the best value apartment in the McKinley Park area is the $2.26 price per square foot 5 Bedroom 3 Baths Model at Luxury Student Housing at Leavitt Place in the in the Lower West Side neighborhood starting from $3,950. The second greatest value McKinley Park apartment is the One Bedroom Model at Bishop Street Lofts starting at $1,950 with a $2.11 price per square foot in the University Village neighborhood. Here is today’s list of the best values for McKinley Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Luxury Student Housing at Leavitt Place | 5 Bedroom 3 Baths | 5BR,3BA | $2.26 |
Bishop Street Lofts | One Bedroom | 1BR,1BA | $2.11 |
Park Place Apartments | Two Bedroom 60% | 2BR,1BA | $1.48 |
4351 S Honore St | 2BD/1BA | 2BR,1BA | $1.33 |
6157 S Washtenaw Ave | Two Bedroom Market | 2BR,1BA | $1.78 |
1523 W 18th St | One Bed/One Bath | 1BR,1BA | $2.14 |
5801 S Sacramento Ave | 1BR/1.0BA | 1BR,1BA | $1.44 |
1912 S Throop St | 2 Bed/1.5 Bath | 2BR,1.5BA | $2.05 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly Lifestyle
Ranked #
Pet Friendliness Lifestyle Score
Best Local Schools in Mckinley Park, Chicago, IL
Greene N Elementary School
BACK OF THE YARDS IB HS
Evergreen Academy Middle School
School data provided by Great Schools
Best Local Schools in Mckinley Park, Chicago, IL
Greene N Elementary School
BACK OF THE YARDS IB HS
Evergreen Academy Middle School
School data provided by Great Schools
Getting Around the McKinley Park Neighborhood in Chicago, IL
Walk Score®
78 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
62 / 100
Bikeable
Some bike infrastructure
Transit Score®
60 / 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 McKinley Park Apartments
How much is rent for a Cheap One Bedroom McKinley Park Apartment?
The lowest price for a Cheap One Bedroom McKinley Park Apartment is $975 at 5801 S Sacramento Ave.
What is the lowest price for a Cheap Two Bedroom McKinley Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in McKinley Park is starting from $1,140 at Park Place Apartments.
What is the most affordable McKinley Park Three Bedroom Apartment?
The best deal on a cheap McKinley Park Three Bedroom Apartment rental is at Park Place Apartments and starts from $1,300.
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.
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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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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.
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How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.