Cheap Apartments for Rent in the Washington Park Neighborhood of Chicago, IL from $500 (27 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

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.

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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
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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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362 E 60th St
3 Bedroom Apartments

362 E 60th St

362 E 60th StChicago, IL 60637
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5609 S Michigan Ave
3 Bedroom Apartments

5609 S Michigan Ave

5609 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

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Pangea Commons
2 to 5 Bedroom Apartments

Pangea Commons

5051 S Forrestville AveChicago, IL 60615
  • Utilities Included
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6201-6203 S Langley Ave
2 to 3 Bedroom Apartments

6201-6203 S Langley Ave

6201-6203 S Langley AveChicago, IL 60637
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5854 S Michigan Ave
2 Bedroom Apartments

5854 S Michigan Ave

5854 S Michigan AveChicago, IL 60637
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5624 S. Wabash
2 Bedroom Apartments

5624 S. Wabash

5606-5616 S Wabash AveChicago, IL 60637
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6147 S Vernon Ave
3 Bedroom Apartments

6147 S Vernon Ave

6147 S Vernon 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. Chatham Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. 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
Chatham Apartments1 Bedroom1BR,1BA$900
Park ApartmentsTwo Bedroom 50% AMI2BR,1BA$990
4721 S. Ellis Avenueells0bCStudio,1BA$1,099
801-05 E Drexel Square1 Bedroom 1 Bath Apartment1BR,1BA$1,200
5854 S Michigan Ave2 Bedroom 1 Bath Apartment2BR,1BA$1,225
Southland Village2 Beds, 1 bath2BR,1BA$1,290
1363-67 E. 53rd St.Large StudioStudio,1BA$1,290
Hyde Park WestStudio 450Studio,1BA$1,315
6101 S Langley3 Bedroom 1 Bath Apartment3BR,1BA$1,415

Best Value Apartments for Rent in Washington Park, IL

As of April 22, 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
5644 S Prairie Ave, Unit 15644 S Prairie Ave3BR,2BA$1.54
6211 S Michigan Ave, Unit 3S6211 S Michigan Ave4BR,1.5BA$1.28
Southland Village2 Beds, 1 bath2BR,1BA$1.54
Park ApartmentsTwo Bedroom 60% AMI2BR,1BA$1.66
5854 S Michigan Ave2 Bedroom 1 Bath Apartment2BR,1BA$1.69
6101 S Langley3 Bedroom 1 Bath Apartment3BR,1BA$2.02
Chatham Apartments1 Bedroom1BR,1BA$1.44
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 a cheap apartment in Washington Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Washington Park is under $1,415.

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

The cheapest apartment in Washington Park is Chatham Apartments which is listed at $900, while the average apartment in Washington Park costs $2,545.

What types of apartments are the cheapest in Washington Park?

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 10 regular apartments in Washington Park 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 Washington Park?

Cheap apartments in Washington Park have an average cost of $328 which is $2,217 cheaper than the average rent for all rentals in Washington Park.

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.