Cheap Apartments for Rent in the Park Manor Neighborhood of Chicago, IL from $500 (14 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
Chatham Apartments1 Bedroom1BR,1BA$900
4721 S. Ellis Avenueells0bCStudio,1BA$1,099
Southland Village2 Beds, 1 bath2BR,1BA$1,290

Best Value Apartments for Rent in Park Manor, IL

As of April 24, 2025 the best value apartment in the Park Manor area is the $1.28 price per square foot 6211 S Michigan Ave Model at 6211 S Michigan Ave, Unit 3S in the in the Washington Park neighborhood starting from $1,600. The second greatest value Park Manor apartment is the 6943 S King Dr Model at 6943 S King Dr, Unit 1 starting at $1,700 with a $1.62 price per square foot in the Greater Grand Crossing 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.
6211 S Michigan Ave, Unit 3S6211 S Michigan Ave4BR,1.5BA$1.28
6943 S King Dr, Unit 16943 S King Dr3BR,1BA$1.62
5326-5336 S. Greenwood Avenue5326-4bC4BR,2BA$3.71
Southland Village2 Beds, 1 bath2BR,1BA$1.54
Solstice on the Parksop-1b1b1BR,1BA$3.59
Chatham Apartments1 Bedroom1BR,1BA$1.44
6246 S. King Dr.Two rm StudioStudio ,1BA$1.36
1363-67 E. 53rd St.Large StudioStudio ,1BA$3.11
4721 S. Ellis Avenueells0bCStudio ,1BA$3.66

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Pet Friendly Lifestyle
Park Manor, Chicago, IL

Ranked #90

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 the Cheapest Studio apartment in Park Manor?

Currently the most affordable Cheap Studio Apartment in Park Manor is at 1155 W 83rd St listed at $650.

How much is rent for a Cheap One Bedroom Park Manor Apartment?

The lowest price for a Cheap One Bedroom Park Manor Apartment is $750 at 1155 W 83rd St.

What is the lowest price for a Cheap Two Bedroom Park Manor Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Park Manor is starting from $1,290 at Southland Village.

What is the most affordable Park Manor Three Bedroom Apartment?

The best deal on a cheap Park Manor Three Bedroom Apartment rental is at Southland Village and starts from $1,501.

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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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.

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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.