Cheap Apartments for Rent in Chatham, IL

19 rentals

Apartments For Rent Near Chatham, IL

We found 17 more apartments matching your filters just outside Chatham

Average Rent Trends in Chatham, IL

Rent in Chatham, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Oct 2026 compared to the previous month. Rent previously peaked in Oct 2025.
MonthAverage rent
Nov 2025$2,000
Dec 2025$1,700
Jan 2026$1,700
Feb 2026$1,800
Mar 2026$1,700
Apr 2026$1,270
May 2026$1,695
Jun 2026$1,795
Jul 2026$1,650
Aug 2026$1,700
Sep 2026$1,600
Oct 2026$1,975
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Average Rent By Bedroom and Home Type

In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$893$1,350$1,800$1,995$1,600
Townhomes——$1,600—$1,600
Apartments and Condos—$1,000$1,700—$1,000
Houses$1,195$1,450$1,800$1,995$1,775
See more information about local market trends in Chatham, IL

Frequently Asked Questions about Rentals in Chatham, IL

  • What is the average rent of an apartment in Chatham, IL?
    The average rent of an apartment in Chatham, IL is $1,308 per month. This is about 32% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Chatham, IL?
    Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $1,365 per month.
  • How many cheap apartments are available in Chatham, IL?
    There are 8 apartments to rent that are cheaper than the city’s average rent of $1,600.
  • When is the average rent most expensive in Chatham, IL?
    In the last year, the average rent in Chatham, IL was highest in Oct 2025 when it was $2,000 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Chatham, IL?
    The average rent of a 1 bedroom apartment in Chatham, IL is $893 per month. That is about $3,308 less than the cost of a studio apartment.
  • What are some zip codes in Chatham, IL?
    Chatham, IL includes zip codes such as: 62629.
  • What are some cities near Chatham, IL?
    Some nearby cities include: Glenarm, Curran, Southern View, Jerome, Leland Grove. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Chatham, IL - 48 Rentas | Trulia