Cheap Homes for Rent in Park Ridge, IL from $1,300 (31 Rentals)

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 677 S River Rd

677 S River Rd

Des PlainesIL60016

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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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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Park Ridge, IL Local Guide

Cheapest Available Park Ridge Apartments for Rent

 

The cheapest available apartment rental in Park Ridge, IL is a Studio unit found at 7251-7259 Lawrence in the Norwood Park neighborhood priced from $900. Mont Clare in the Norwood Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,310. Here is today’s list of the most affordable Park Ridge apartments for rent:

Apartment ListingModel NameBed/BathPriced From
7251-7259 LawrencestudioStudio,1BA$900
Mont ClareS3Studio,1BA$1,310
The PavilionSB Renovation 2Studio,1BA$1,392
Des Plaines TowerStudioStudio,1BA$1,395
Glen Oaks CommonsEnglish Oak1BR,1BA$1,480
7005 W Gunnison St1BD/1BA1BR,1BA$1,580
Legacy CrossingsAlcoveStudio,1BA$1,650
Park Ridge CommonsSEVEN601BR,1BA$1,679

Best Value Apartments for Rent in Park Ridge, IL

As of May 19, 2025 the best value apartment in the Park Ridge area is the $2.18 price per square foot 2/2.0(Std) Model at The Parker in the in the Edison neighborhood starting from $2,615. The second greatest value Park Ridge apartment is the 8022 Oriole Ave Model at 8022 Oriole Ave, Unit 1 floor starting at $2,100 with a $1.75 price per square foot in the Edison neighborhood. Here is today’s list of the best values for Park Ridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Parker2/2.0(Std)2BR,2BA$2.18
8022 Oriole Ave, Unit 1 floor8022 Oriole Ave2BR,1.5BA$1.75
Vine Place Apartments2BR/2.0BA2BR,2BA$2.52
Courtyards On The Park2x1 Upgrade2BR,1BA$1.92
1027 W Touhy Ave2 Bedroom 2 Bath2BR,2BA$2.29
10380 Michael Todd Terrace, Unit GE10380 Michael Todd Terrace1BR,1BA$1.44
Park Ridge CommonsEIGHT102BR,1BA$2.30
1995 Howard Ave, Unit 1995 Howard1995 Howard Ave1BR,1BA$1.72
Glen Oaks CommonsEnglish Oak1BR,1BA$1.97
Des Plaines TowerStudioStudio ,1BA$2.49

Quick Rent Budget Calculator

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Frequently Asked Questions about Park Ridge

What type of rentals are currently available in Park Ridge?

There are currently 817 Apartments for Rent in Park Ridge, IL with pricing that ranges from $900 to $5,941. There are also 109 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Ridge ranging from $1,350 to $8,750.

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 $1,350 to $8,750 with an average monthly rent of $3,992.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.