Cheap Apartments for Rent in the Park Manor Neighborhood of Chicago, IL from $500 (6 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Park Manor area of Chicago.

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6957 S Michigan Ave
Studio to 1 Bedroom Apartments

6957 S Michigan Ave

6957 S Michigan AveChicago, IL 60637
  • Utilities Included
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6820 S Michigan Ave
Studio to 1 Bedroom Apartments

6820 S Michigan Ave

6820 S Michigan AveChicago, IL 60637
  • Utilities Included

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

Park Manor, Chicago, IL Local Guide

Cheapest Available Park Manor Apartments for Rent

 

The cheapest available apartment rental in the Park Manor area of Chicago, IL is a Studio unit found at 1155 W 83rd St priced from $650. 6246 S. King Dr. has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Park Manor apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
1155 W 83rd StStudioStudio,1BA$650
6246 S. King Dr.Two rm StudioStudio,1BA$750
7055 S St Lawrence Ave1 Bedroom 1 Bath Apartment1BR,1BA$925

Best Value Apartments for Rent in Park Manor, IL

As of March 22, 2025 the best value apartment in the Park Manor area is the $2.04 price per square foot Four Bed / Two Bath 1118 GS Model at 1118-28 E. Hyde Park Blvd. in the in the Hyde Park neighborhood starting from $2,995. The second greatest value Park Manor apartment is the 6211 S Michigan Ave Model at 6211 S Michigan Ave, Unit 3S starting at $1,600 with a $1.28 price per square foot in the Washington Park neighborhood. Here is today’s list of the best values for Park Manor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1118-28 E. Hyde Park Blvd.Four Bed / Two Bath 1118 GS4BR,2BA$2.04
6211 S Michigan Ave, Unit 3S6211 S Michigan Ave4BR,1.5BA$1.28
6669 S Michigan Ave, Unit 36669 S Michigan Ave4BR,2BA$1.25
7029 S Wentworth Ave, Unit Views construction LLC7029 S Wentworth Ave3BR,1BA$1.17
6943 S King Dr, Unit 16943 S King Dr3BR,1BA$1.62
6752 S Champlain Ave, Unit #26752 S Champlain Ave3BR,1BA$1.70
1360-64 E. 52nd St.Two Bed 1362 South2BR,1BA$2.06
Southland Village2 Beds, 1 bath2BR,1BA$1.15
6246 S. King Dr.Two rm StudioStudio ,1BA$1.36
7055 S St Lawrence Ave1 Bedroom 1 Bath Apartment1BR,1BA$1.83

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Pet Friendly Lifestyle
Park Manor, Chicago, IL

Ranked #97

Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Park Manor Neighborhood in Chicago, IL

Walk Score®

65 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

75 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

71 / 100

Excellent Transit

Transit is convenient for most trips

Frequently Asked Questions about Cheap Park Manor Apartments

What is a cheap apartment in Park Manor?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Park Manor is under $1,290.

What is the price of a cheap apartment in Park Manor?

The cheapest apartment in Park Manor is 1155 W 83rd St which is listed at $750, while the average apartment in Park Manor costs $1,860.

What types of apartments are the cheapest in Park Manor?

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 20 regular apartments in Park Manor 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 Park Manor?

Cheap apartments in Park Manor have an average cost of $160 which is $1,700 cheaper than the average rent for all rentals in Park Manor.

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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