
Cheap Apartments for Rent in the McKinley Park Neighborhood of Chicago, IL from $900 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the McKinley Park area of Chicago.


Park Place Apartments

3643 S Hermitage Ave, Unit 2
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3755 S Winchester Ave

6157 S Washtenaw Ave
Chicago's Best Affordable Neighborhoods
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3950 S Western Ave, Unit Apartment 2
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 | $1,426 | $950 | $1,950 |
McKinley Park 2 Bedroom Apartments | $1,523 | $1,100 | $2,825 |
McKinley Park 3 Bedroom Apartments | $1,768 | $1,300 | $2,400 |
McKinley Park 4 Bedroom Apartments | $2,810 | $1,450 | $4,095 |
Browse Apartments in this Neighborhood
There are currently 9 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 April 30, 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 4700 S Wolcott Ave Model at 4700 S Wolcott Ave starting at $1,200 with a $1.20 price per square foot in the West Englewood 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 |
4700 S Wolcott Ave | 4700 S Wolcott Ave | 2BR,1BA | $1.20 |
Park Place Apartments | Two Bedroom 60% | 2BR,1BA | $1.40 |
Bishop Street Lofts | One Bedroom | 1BR,1BA | $2.11 |
4351 S Honore St | 2BD/1BA | 2BR,1BA | $1.33 |
3643 S Hermitage Ave, Unit 2 | 3643 S Hermitage Ave | 2BR,1BA | $1.33 |
3950 S Western Ave, Unit Apartment 2 | 3950 S Western Ave | 2BR,1BA | $1.57 |
3636 S Hermitage Ave, Unit 1F | 3636 S Hermitage Ave | 1BR,1BA | $1.81 |
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 |
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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
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 price of a cheap apartment in McKinley Park?
The cheapest apartment in McKinley Park is Bishop Street Lofts which is listed at $1,950, while the average apartment in McKinley Park costs $3,950.
What types of apartments are the cheapest in McKinley Park?
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 1 regular apartments in McKinley Park 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 McKinley Park?
Cheap apartments in McKinley Park have an average cost of $3,950 which is $0 cheaper than the average rent for all rentals in McKinley Park.
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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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
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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.