
Cheap Homes for Rent in Palos Park, IL from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Palos Park.


7501 SW Hwy

2 Paxos Dr

7117 W 93rd St

9954 S 84th Terrace

9721 Ravinia Ln

7652 S Harlem Ave

9184 S Rd
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
Palos Park, IL Local Guide

How much does it cost to rent a home in Palos Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Palos Park 2 Bedroom Homes for Rent | $2,408 | $1,700 | $3,423 |
Palos Park 3 Bedroom Homes for Rent | $2,813 | $1,950 | $3,400 |
Palos Park 4 Bedroom Homes for Rent | $4,454 | $3,145 | $7,500 |
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Palos Park, IL Local Guide
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Cheapest Available Palos Park Apartments for Rent and Nearby
 The cheapest available apartment rental in Palos Park, IL is a 1 Bed unit found at Pinnacle Apartments in the Lake Katherine neighborhood priced from $985. Acclaim at Hinsdale Lake has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,093. Here is today’s list of the most affordable Palos Park apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Pinnacle Apartments | One Bedroom | 1BR,1BA | $985 |
Acclaim at Hinsdale Lake | 1a1 | 1BR,1BA | $1,093 |
Scenic Tree Rentals | 1x1 670 | 1BR,1BA | $1,116 |
Best Value Apartments for Rent in Palos Park, IL and Nearby
As of April 06, 2025 the best value apartment in the Palos Park area is the $2.41 price per square foot Nickel Model at Ninety 7 Fifty on the Park in the in the Ishnala neighborhood starting from $2,805. The second greatest value Palos Park apartment is the 14475 Jefferson Ave Model at 14475 Jefferson Ave, Unit 2S starting at $1,800 with a $1.80 price per square foot in the Ishnala neighborhood. Here is today’s list of the best values for Palos Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Ninety 7 Fifty on the Park | Nickel | 2BR,2BA | $2.41 |
14475 Jefferson Ave, Unit 2S | 14475 Jefferson Ave | 2BR,1BA | $1.80 |
Acclaim at Hinsdale Lake | 2a1 | 2BR,1BA | $1.60 |
Scenic Tree Rentals | 1x1 670 | 1BR,1BA | $1.67 |
Green Oaks Apartments | 1 Bd. 1 Bath | 1BR,1BA | $2.05 |
Pinnacle Apartments | One Bedroom | 1BR,1BA | $2.24 |
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Frequently Asked Questions about Palos Park
What type of rentals are currently available in Palos Park?
There are currently 60 Apartments for Rent in Palos Park, IL with pricing that ranges from $985 to $3,260. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palos Park ranging from $1,250 to $7,500.
What is the current price range for Rental Homes in Palos Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Palos Park ranges from $1,250 to $7,500 with an average monthly rent of $2,858.
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.

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.

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.

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.

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.