Cheap Apartments for Rent in the Edison Neighborhood of Park Ridge, IL from $1,400 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Edison area of Park Ridge.

1027 W Touhy Ave

Vine Place Apartments
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

The Residences at Sawmill Station

7356 N Harlem Ave, Unit 1E

7560 W Touhy Ave, Unit 1st Floor
Edison, Park Ridge, IL Local Guide

How much does it cost to rent an apartment in Edison?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Edison Studio Apartments | $1,913 | $1,670 | $2,046 |
Edison 1 Bedroom Apartments | $2,752 | $1,495 | $4,790 |
Edison 2 Bedroom Apartments | $3,021 | $1,900 | $5,660 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 1 mile radius of the Edison Neighborhood of Park Ridge, IL.
See all Apartments in Park RidgeExplore Park Ridge
Edison, Park Ridge, IL Local Guide
- Nearby Park Ridge neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Edison, IL
Pricing Updated: 03/21/2025Current apartment rentals in the Edison, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Edison Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|
Cheapest Available Edison Apartments for Rent
 The cheapest available apartment rental in the Edison area of Chicago, IL is a 2 Beds unit found at 1027 W Touhy Ave priced from $1,900. The Residences at Sawmill Station has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,928. Here are the most affordable Edison apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
1027 W Touhy Ave | 2 Bedroom 2 Bath | 2BR,1BA | $1,900 |
The Residences at Sawmill Station | A1 | 1BR,1BA | $1,928 |
Park 205 | South B | 1BR,1BA | $2,505 |
The Parker | 2/2.0(Std) | 2BR,2BA | $2,650 |
Best Value Apartments for Rent in Edison, IL
As of March 21, 2025 the best value apartment in the Edison area is the $1.33 price per square foot 7560 W Touhy Ave Model at 7560 W Touhy Ave, Unit 1st Floor in the in the Edison neighborhood starting from $1,990. The second greatest value Edison apartment is the 2/2.0(Std) Model at The Parker starting at $2,650 with a $2.21 price per square foot in the Norwood Park neighborhood. Here is today’s list of the best values for Edison apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
7560 W Touhy Ave, Unit 1st Floor | 7560 W Touhy Ave | 2BR,1BA | $1.33 |
The Parker | 2/2.0(Std) | 2BR,2BA | $2.21 |
1027 W Touhy Ave | 2 Bedroom 2 Bath | 2BR,1BA | $1.73 |
Park 205 | Hinkley A | 2BR,2BA | $3.56 |
7356 N Harlem Ave, Unit 1E | 7356 N Harlem Ave | 2BR,1BA | $2.43 |
The Residences at Sawmill Station | A2 | 1BR,1BA | $2.88 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleEdison, Park Ridge, IL
Ranked #1
Among neighborhoods in Park Ridge, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Edison Apartments
How much is rent for a Cheap One Bedroom Edison Apartment?
The lowest price for a Cheap One Bedroom Edison Apartment is $2,060 at The Residences at Sawmill Station.
What is the lowest price for a Cheap Two Bedroom Edison Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Edison is starting from $1,900 at 1027 W Touhy Ave.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.