Cheap Homes for Rent in South Chicago Neighborhood of Chicago, IL from $600 (27 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the South Chicago area of Chicago.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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.

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

South Chicago, Chicago, IL Local Guide

Cheapest Available South Chicago Apartments for Rent

 

The cheapest available apartment rental in the South Chicago area of Chicago, IL is a Studio unit found at South Shore Beach Apartments priced from $825. The Townhouse Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable South Chicago apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
South Shore Beach ApartmentsStudioStudio,1BA$825
The Townhouse ApartmentsStudio, 1 bathStudio,1BA$850
Lakeside Grant ManorStudio MarketStudio,1BA$1,000
222 E 109th St1 Bedroom1BR,1BA$1,040
Plaisance ApartmentsStudio Floor Plan S1Studio,1BA$1,074
Lakes Apartments2 Bedroom Apartment2BR,1BA$1,195

Best Value Apartments for Rent in South Chicago, IL

As of May 13, 2025 the best value apartment in the South Chicago area is the $1.32 price per square foot 8927 S Blackstone Ave Model at 8927 S Blackstone Ave, Unit 2nd Floor in the in the South Chicago neighborhood starting from $2,500. The second greatest value South Chicago apartment is the 13831 S Illinois St Model at 13831 S Illinois St, Unit 2 starting at $1,375 with a $0.81 price per square foot in the College District neighborhood. Here is today’s list of the best values for South Chicago apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8927 S Blackstone Ave, Unit 2nd Floor8927 S Blackstone Ave4BR,2BA$1.32
13831 S Illinois St, Unit 213831 S Illinois St2BR,1BA$0.81
8915 S Exchange Ave, Unit 38915 S Exchange Ave4BR,1BA$1.07
Harbor Point EstatesDouble & Single Used3BR,2BA$1.12
9021 S Justine St, Unit 9021 S. Justine 1S9021 S Justine St2BR,1BA$1.13
9011 S Laflin St, Unit 1st Floor9011 S Laflin St3BR,1BA$1.23
2346 122nd St, Unit Two West2346 122nd St1BR,1BA$0.75
10021 S Exchange Ave, Unit 210021 S Exchange Ave2BR,1BA$0.96
13825 S Illinois St, Unit 113825 S Illinois St1BR,1BA$1.00
9427 S Ewing Ave, Unit 19427 S Ewing AveStudio ,1BA$1.00

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Frequently Asked Questions about South Chicago

What type of rentals are currently available in South Chicago?

There are currently 907 Apartments for Rent in South Chicago, IL with pricing that ranges from $800 to $3,200. There are also 115 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Chicago ranging from $650 to $4,455.

What is the current price range for Rental Homes in South Chicago?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Chicago ranges from $650 to $4,455 with an average monthly rent of $1,750.

How much are larger Three and Four Bedroom Rentals in South Chicago?

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Chicago range from $1,375 to $3,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,500.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.