Cheap Apartments for Rent in the Washington Park Neighborhood of Chicago, IL from $500 (17 Rentals)

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

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51st & King
2 Bedroom Apartments

51st & King

5035 S King DrChicago, IL 60615
  • Utilities Included
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421 East 62nd
1 to 2 Bedroom Apartments

421 East 62nd

6219 S Vernon AveChicago, IL 60637
Senior Living
  • Utilities Included
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6214 S Eberhart
2 Bedroom Apartments

6214 S Eberhart

6214 S EberhartChicago, 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

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KLEO Art Residences
1 Bedroom Apartments

KLEO Art Residences

5504 S Michigan AveChicago, IL 60637
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Boxelder Court
1 to 2 Bedroom Apartments

Boxelder Court

6205-6215 S Langley AveChicago, IL 60637
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6100 Eberhart
Studio Apartments

6100 Eberhart

6100 S Eberhart AveChicago, IL 60637
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5504-12 S Wabash Ave
2 Bedroom Apartments

5504-12 S Wabash Ave

5500-5512 S Wabash AveChicago, IL 60637
  • Utilities Included

Cheapest Available Washington Park Apartments for Rent

 

The cheapest available apartment rental in the Washington Park area of Chicago, IL is a Studio unit found at 6246 S. King Dr. priced from $750. Southland Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $960. Here are the most affordable Washington Park apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
6246 S. King Dr.Two rm StudioStudio,1BA$750
Southland Village2 Beds, 1 bath2BR,1BA$960
Park ApartmentsTwo Bedroom 50% AMI2BR,1BA$990
6100 Eberhart0BR/1.0BAStudio,1BA$995
6125-29 S Wabash Ave2 Bedroom 1 Bath Apartment2BR,1BA$995

Best Value Apartments for Rent in Washington Park, IL

As of March 29, 2025 the best value apartment in the Washington Park area is the $1.29 price per square foot 5823 S Wabash Ave Floor 3 Model at 5823 S Wabash Ave Floor 3, Unit 2 in the in the Washington Park neighborhood starting from $1,800. The second greatest value Washington Park apartment is the 6116 S Evans Ave Model at 6116 S Evans Ave, Unit Terrace Level starting at $1,950 with a $1.50 price per square foot in the Washington Park neighborhood. Here is today’s list of the best values for Washington Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5823 S Wabash Ave Floor 3, Unit 25823 S Wabash Ave Floor 34BR,1BA$1.29
6116 S Evans Ave, Unit Terrace Level6116 S Evans Ave3BR,1BA$1.50
6224 S Dr Martin Luther King Jr Dr3 Bedroom 2 Bath Apartment3BR,2BA$0.95
5300 S Michigan Ave3 Bedroom 1 Bath Apartment3BR,1BA$1.35
Southland Village2 Beds, 1 bath2BR,1BA$1.15
Park ApartmentsTwo Bedroom 60% AMI2BR,1BA$1.66
6125-29 S Wabash Ave2 Bedroom 1 Bath Apartment2BR,1BA$1.37
5504-12 S Wabash Ave2 Bedroom 1 Bath Apartment2BR,1BA$1.43
6100 Eberhart0BR/1.0BAStudio ,1BA$1.53
6246 S. King Dr.Two rm StudioStudio ,1BA$1.36

Getting Around the Washington Park Neighborhood in Chicago, IL

Walk Score®

69 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

65 / 100

Bikeable

Some bike infrastructure

Transit Score®

70 / 100

Excellent Transit

Transit is convenient for most trips

Frequently Asked Questions about Cheap Washington Park Apartments

What is the Cheapest Studio apartment in Washington Park?

Currently the most affordable Cheap Studio Apartment in Washington Park is at 6246 S. King Dr. listed at $750.

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

Today's best deal for a Cheap Two Bedroom Apartment in Washington Park is starting from $960 at Southland Village.

What is the most affordable Washington Park Three Bedroom Apartment?

The best deal on a cheap Washington Park 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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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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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.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.