
Cheap Homes for Rent in McKinley Park Neighborhood of Chicago, IL from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the McKinley Park area of Chicago.


1714 W 46th St
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.

1710 W 44th St

1710 W 44th St
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

3741 S Honore St
McKinley Park, Chicago, IL Local Guide

How much does it cost to rent a home in McKinley Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
McKinley Park 2 Bedroom Homes for Rent | $1,630 | $1,250 | $2,500 |
McKinley Park 3 Bedroom Homes for Rent | $1,833 | $1,200 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 25, 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 |
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 |
3636 S Hermitage Ave, Unit 1F | 3636 S Hermitage Ave | 1BR,1BA | $2.67 |
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Frequently Asked Questions about McKinley Park
What type of rentals are currently available in McKinley Park?
There are currently 87 Apartments for Rent in McKinley Park, IL with pricing that ranges from $950 to $4,095. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in McKinley Park ranging from $1,200 to $2,500.
What is the current price range for Rental Homes in McKinley Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in McKinley Park ranges from $1,200 to $2,500 with an average monthly rent of $1,731.
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.