Cheap Apartments for Rent in the Southwest Chicago Neighborhood of Chicago, IL from $500 (830 Rentals)

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

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1812 S Throop St
$7754 Bedroom, 2 Bath RentalsAvailable Feb 28

1812 S Throop St

Chicago, IL 60608
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2010 S Loomis St
$8004 Bedroom, 1 Bath RentalsAvailable Now

2010 S Loomis St

Chicago, IL 60608
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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

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Southwest Chicago

Named as one of the Best Affordable Neighborhoods to rent in Chicago by our Chicago, IL Local Expert Nicole Harms. See how it ranks!

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1119 S Loomis St
$9805 Bedroom, 3 Bath RentalsAvailable Apr 5

1119 S Loomis St

Chicago, IL 60607
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Southwest Chicago, Chicago, IL Local Guide

Cheapest Available Southwest Chicago Apartments for Rent

 

The cheapest available apartment rental in the Southwest Chicago area of Chicago, IL is a Studio unit found at 5445 Ingleside By 3L Living priced from $600. 1155 W 83rd St has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here are the most affordable Southwest Chicago apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
5445 Ingleside By 3L LivingLarge Co-Living Single RoomStudio,1BA$600
1155 W 83rd StStudioStudio,1BA$650
5540 Hyde Park by 3L Living_5540 - Single - WestStudio,1BA$699
5748 Blackstone By 3L LivingNo Kitchenette with Shared BathroomStudio,1BA$699
6238-44 S Western AveStudioStudio,1BA$725
2235 E 71st StStudio ApartmentStudio,1BA$745
Chatham Park Village-Cooperative (Membership)1 Bedroom1BR,1BA$750
6246 S. King Dr.Two rm StudioStudio,1BA$750
8152 S EvansStudio ApartmentStudio,1BA$775
South Shore Beach ApartmentsStudioStudio,1BA$825

Best Value Apartments for Rent in Southwest Chicago, IL

As of February 13, 2025 the best value apartment in the Southwest Chicago area is the $0.17 price per square foot 1914 W 21st Plz Model at 1914 W 21st Plz, Unit #2 in the in the University Village neighborhood starting from $1,700. The second greatest value Southwest Chicago apartment is the 3BD/1BA Model at 140 S Austin Blvd starting at $1,325 with a $0.50 price per square foot in the Oak Park Historic District neighborhood. Here is today’s list of the best values for Southwest Chicago apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1914 W 21st Plz, Unit #21914 W 21st Plz2BR,1BA$0.17
140 S Austin Blvd3BD/1BA3BR,1BA$0.50
2647 W 71st St, Unit Garden Unit2647 W 71st St3BR,1BA$0.77
Drexel House - Co-LivingDrexel1BR,1BA$0.55
5648 S Albany Ave, Unit 2nd Floor5648 S Albany Ave2BR,1BA$0.83
Avenue on Kenwood - Co-LivingKenwood1BR,1BA$0.60
8227 S Clyde Ave, Unit 2nd fl8227 S Clyde Ave2BR,1BA$0.88
8046 S Maryland Ave, Unit 28046 S Maryland Ave2BR,1BA$0.87
8010 S Marshfield Ave, Unit 28010 S Marshfield Ave2BR,1BA$0.87
6803 S Morgan St, Unit 26803 S Morgan St2BR,1BA$0.84

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Pet Friendly Lifestyle
Southwest Chicago, Chicago, IL

Ranked #62

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Southwest Chicago, Chicago, IL

School data provided by Great Schools

Best Local Schools in
Southwest Chicago, Chicago, IL

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for South Chicago, IL. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Southwest Chicago Apartments

What is the Cheapest Studio apartment in Southwest Chicago?

Currently the most affordable Cheap Studio Apartment in Southwest Chicago is at 5445 Ingleside By 3L Living listed at $600.

How much is rent for a Cheap One Bedroom Southwest Chicago Apartment?

The lowest price for a Cheap One Bedroom Southwest Chicago Apartment is $750 at Chatham Park Village-Cooperative (Membership).

What is the lowest price for a Cheap Two Bedroom Southwest Chicago Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Southwest Chicago is starting from $906 at Chatham Park Village-Cooperative (Membership).

What is the most affordable Southwest Chicago Three Bedroom Apartment?

The best deal on a cheap Southwest Chicago Three Bedroom Apartment rental is at Southland Village and starts from $1,100.

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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