
Cheap Homes for Rent in Park Ridge, IL from $1,200 (25 Rentals)
Search the lowest-cost Homes available for rent right now in Park Ridge.


10430 Michael Todd Terrace

8047 W Foster Ln

5101 N East River Rd

9701 N Dee Rd

9622 Bianco Terrace

941 N Northwest Hwy

5348 N Cumberland Ave

715 Busse Hwy

8052 N Oriole Ave
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

1425 W Touhy Ave

4600 N Cumberland Ave

668 Quincy Bridge Ln, Unit 201

9078 W Heathwood Dr, Unit 5

9078 W Heathwood Dr

4904 N Harlem Ave

2000 Parkside Dr

10381 Dearlove Rd

10381 Dearlove Rd, Unit 1-H

4744 N Sayre Ave

8816 N Western Ave

718 Cobblestone Cir

5511 N Chester Ave, Unit 36

7632 N Milwaukee Ave

5601 W Goodman St
Park Ridge, IL Local Guide

How much does it cost to rent a home in Park Ridge?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Park Ridge 2 Bedroom Homes for Rent | $2,210 | $1,600 | $3,200 |
Park Ridge 3 Bedroom Homes for Rent | $2,862 | $2,100 | $4,000 |
Park Ridge 4 Bedroom Homes for Rent | $3,985 | $3,100 | $5,000 |
Park Ridge 5 Bedroom Homes for Rent | $5,650 | $3,300 | $8,000 |
Park Ridge 6 Bedroom Homes for Rent | $9,800 | $9,800 | $9,800 |
Browse Top Homes for Rent in Park Ridge
Explore Park Ridge
Park Ridge, IL Local Guide
- Park Ridge Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Park Ridge, IL
Pricing Updated: 03/20/2025Current apartment rentals in the Park Ridge, 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 Park Ridge Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|
Cheapest Available Park Ridge Apartments for Rent
 The cheapest available apartment rental in Park Ridge, IL is a 1 Bed unit found at 7251-7259 Lawrence in the Norwood Park neighborhood priced from $1,000. Mont Clare in the Norwood Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,325. Here is today’s list of the most affordable Park Ridge apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
7251-7259 Lawrence | Not Available | 1BR,1BA | $1,000 |
Mont Clare | S3 | Studio,1BA | $1,325 |
The Pavilion | SC Renovation 2 | Studio,1BA | $1,389 |
Glen Oaks Commons | English Oak | 1BR,1BA | $1,480 |
Legacy Crossings | Holden | Studio,1BA | $1,500 |
Best Value Apartments for Rent in Park Ridge, IL
As of March 21, 2025 the best value apartment in the Park Ridge 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 Park Ridge apartment is the 2 Bedroom 2 Bath Model at 1027 W Touhy Ave starting at $1,900 with a $1.73 price per square foot in the Norwood Park neighborhood. Here is today’s list of the best values for Park Ridge 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 |
1027 W Touhy Ave | 2 Bedroom 2 Bath | 2BR,1BA | $1.73 |
1271 N Northwest Hwy, Unit Garden | 1271 N Northwest Hwy | 2BR,1BA | $1.60 |
1700 Dempster Street, Unit B | 1700 Dempster Street | 2BR,1BA | $1.90 |
10380 Michael Todd Terrace, Unit GE | 10380 Michael Todd Terrace | 1BR,1BA | $1.44 |
1304 Carol St | 1304 Carol St | 2BR,1BA | $2.11 |
907 N Northwest Hwy, Unit G | 907 N Northwest Hwy | 2BR,1BA | $1.83 |
Park Ridge Commons | SEVEN60 | 1BR,1BA | $2.06 |
Glen Oaks Commons | English Oak | 1BR,1BA | $1.97 |
Courtyards On The Park | 1x1 Large Upgrade | 1BR,1BA | $2.12 |
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.
Frequently Asked Questions about Park Ridge
What type of rentals are currently available in Park Ridge?
There are currently 820 Apartments for Rent in Park Ridge, IL with pricing that ranges from $1,000 to $5,660. There are also 89 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Ridge ranging from $1,200 to $9,800.
What is the current price range for Rental Homes in Park Ridge?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Park Ridge ranges from $1,200 to $9,800 with an average monthly rent of $3,900.
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.