
Cheap Homes for Rent in Park Ridge, IL from $1,300 (31 Rentals)
Search the lowest-cost Homes available for rent right now in Park Ridge.


10424 Michael Todd Terrace

6447 N Newark Ave

8901 N Western Ave

10408 Michael Todd Terrace

5306 N Cumberland Ave

6447 N Newark Ave
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.

9635 Brandy Ct, Unit 6

7630.5 N Milwaukee Ave

7064 W Higgins Ave

6656 W Devon Ave

8932 Steven Dr

4803 N Harlem Ave

1017 Peterson Ave
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.

6418 N Newark Ave

7647 W Ibsen St

4904 N Harlem Ave

2000 Parkside Dr

9718 Bianco Ter, Unit 3E

677 S River Rd

9702 Bianco Ter, Unit B
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.

600 Thames Pky, Unit 3G

9602 Golf Terrace

1925 E Oakton St, Unit 2D

9405 Bay Colony Dr

718 Cobblestone Cir

5601 W Goodman St

9629 Brandy Ct, Unit 6
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

656 Pearson St, Unit Metropolitan Square

7229 W Higgins Ave

9009 W Golf Rd
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 | $2,201 | $1,575 | $3,299 |
Park Ridge 3 Bedroom Homes for Rent | $2,819 | $2,100 | $4,000 |
Park Ridge 4 Bedroom Homes for Rent | $3,558 | $2,800 | $4,499 |
Park Ridge 5 Bedroom Homes for Rent | $4,950 | $4,950 | $4,950 |
Park Ridge 6 Bedroom Homes for Rent | $8,750 | $8,750 | $8,750 |
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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
7251-7259 Lawrence | studio | Studio,1BA | $900 |
Mont Clare | S3 | Studio,1BA | $1,310 |
The Pavilion | SB Renovation 2 | Studio,1BA | $1,392 |
Des Plaines Tower | Studio | Studio,1BA | $1,395 |
Glen Oaks Commons | English Oak | 1BR,1BA | $1,480 |
7005 W Gunnison St | 1BD/1BA | 1BR,1BA | $1,580 |
Legacy Crossings | Alcove | Studio,1BA | $1,650 |
Park Ridge Commons | SEVEN60 | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Parker | 2/2.0(Std) | 2BR,2BA | $2.18 |
8022 Oriole Ave, Unit 1 floor | 8022 Oriole Ave | 2BR,1.5BA | $1.75 |
Vine Place Apartments | 2BR/2.0BA | 2BR,2BA | $2.52 |
Courtyards On The Park | 2x1 Upgrade | 2BR,1BA | $1.92 |
1027 W Touhy Ave | 2 Bedroom 2 Bath | 2BR,2BA | $2.29 |
10380 Michael Todd Terrace, Unit GE | 10380 Michael Todd Terrace | 1BR,1BA | $1.44 |
Park Ridge Commons | EIGHT10 | 2BR,1BA | $2.30 |
1995 Howard Ave, Unit 1995 Howard | 1995 Howard Ave | 1BR,1BA | $1.72 |
Glen Oaks Commons | English Oak | 1BR,1BA | $1.97 |
Des Plaines Tower | Studio | Studio ,1BA | $2.49 |
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 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.

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.

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.

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.

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.