Cheap Homes for Rent in Lynwood, IL from $800 (14 Rentals)

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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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Lynwood, IL Local Guide

Cheapest Available Lynwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lynwood, IL is a Studio unit found at Crossroads Apartments in the Fairmeadow neighborhood priced from $750. Barberry Apartments in the Fairmeadow neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,250. Here is today’s list of the most affordable Lynwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crossroads ApartmentsStudio, 1 bathStudio,1BA$750
Barberry Apartments2 Bed2BR,1BA$1,250
21837 Jeffrey2 Bedroom 1 Bath Apartment2BR,1BA$1,285

Best Value Apartments for Rent in Lynwood, IL and Nearby

As of March 25, 2025 the best value apartment in the Lynwood area is the $1.51 price per square foot 2 Bedroom 1 Bath Apartment Model at 21837 Jeffrey in the in the West Lakes neighborhood starting from $1,285. The second greatest value Lynwood apartment is the 2 Bed Model at Barberry Apartments starting at $1,250 with a $1.62 price per square foot in the Fairmeadow neighborhood. Here is today’s list of the best values for Lynwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
21837 Jeffrey2 Bedroom 1 Bath Apartment2BR,1BA$1.51
Barberry Apartments2 Bed2BR,1BA$1.62
Crossroads ApartmentsStudio, 1 bathStudio ,1BA$1.70

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Frequently Asked Questions about Lynwood

What type of rentals are currently available in Lynwood?

There are currently 69 Apartments for Rent in Lynwood, IL with pricing that ranges from $750 to $1,410. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lynwood ranging from $875 to $3,741.

What is the current price range for Rental Homes in Lynwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lynwood ranges from $875 to $3,741 with an average monthly rent of $1,780.

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.

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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.