
Cheap Apartments for Rent in the McKinley Park Neighborhood of Chicago, IL from $900 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the McKinley Park area of Chicago.


Rosenwald Courts

Park Place Apartments

3643 S Hermitage Ave, Unit 2

6157 S Washtenaw Ave
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

How much does it cost to rent an apartment in McKinley Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
McKinley Park 1 Bedroom Apartments | $1,298 | $935 | $1,950 |
McKinley Park 2 Bedroom Apartments | $1,536 | $1,100 | $2,825 |
McKinley Park 3 Bedroom Apartments | $1,537 | $1,300 | $1,700 |
McKinley Park 4 Bedroom Apartments | $2,067 | $1,305 | $4,095 |
Browse Apartments in this Neighborhood
There are currently 8 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 2 Beds unit found at Park Place Apartments priced from $1,140. 4351 S Honore St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,195. Here are the most affordable McKinley Park apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Park Place Apartments | Two Bedroom 50% | 2BR,1BA | $1,140 |
4351 S Honore St | 2BD/1BA | 2BR,1BA | $1,195 |
1912 S Throop St | 2 Bed/1.5 Bath | 2BR,1BA | $1,300 |
Best Value Apartments for Rent in McKinley Park, IL
As of March 29, 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 4630 S Honore St Model at 4630 S Honore St starting at $2,400 with a $1.44 price per square foot in the Armour Square 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 |
4630 S Honore St | 4630 S Honore St | 3BR,1BA | $1.44 |
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 |
3643 S Hermitage Ave, Unit 2 | 3643 S Hermitage Ave | 2BR,1BA | $1.33 |
6157 S Washtenaw Ave | Two Bedroom Market | 2BR,1BA | $1.78 |
1912 S Throop St | 2 Bed/1.5 Bath | 2BR,1.5BA | $2.05 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMckinley Park, Chicago, IL
Ranked #99
Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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
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.

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.