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Studio Apartment for Rent in Alsip, IL

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    Starting at $1,069 Per Month

    • Studio - 2 Beds

    4050-4064 W 115th St, Chicago, IL 60655

    At Midpointe Apartments, discover pet-friendly studio, 1-, and 2-bedroom layouts with renovated interiors, wood flooring*, fully equipped kitchens, and sleek finishes. Enjoy onsite laundry, 24-hour maintenance, and community perks like an Olympic-sized pool, fitness center, Bark Park, and playground. With top-rated schools nearby and easy access to I-50, I-294, and I-57, commuting to downtown

    Midpointe

    (708) 816-2685

    4050-4064 W 115th St, Chicago, IL 60655

Why Live in Alsip

Alsip, Illinois, located about 20 miles from downtown Chicago, is a Southland suburb with a rich industrial history. The village, known for its brick manufacturing roots, now hosts industries like a Coca-Cola bottling plant and Griffith Foods headquarters. Housing styles in Alsip range from midcentury brick homes east of Cicero Avenue to modern split-levels and multiunit buildings on the west side. The community features a variety of retail options, including the Swap-O-Rama Flea Market and grocery stores like Food4Less and Jewel-Osco. Dining choices are diverse, with Mexican restaurants, Golden Bear Pancake & Crepery, and sports bars like Village Sportsmen's Club and Deuces. Alsip offers numerous parks and recreational facilities, such as Sprayfair Aquatic Park and Fountain Hills Golf Club, which is recognized as one of Chicagoland's top nine-hole courses. Community events include movie nights at Apollo and Sears Parks, the Fall Flannel Fest, and the All Hallows' Eve carnival. Public schools in the area include Hazelgreen Elementary, Hamlin Upper Grade Center, and Dwight D. Eisenhower High School, with highly rated A.B. Shepard High and Harold L. Richards also serving the district. Transportation options are convenient, with CTA buses, the Metra's SouthWest Service line from Chicago Ridge Station, and proximity to Midway and O'Hare International Airports.

Frequently Asked Questions

How much does it cost to rent a home in Alsip, IL?
The median rent for a home in Alsip, IL is $1,650 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Alsip, IL?
To comfortably afford the median rent in Alsip, IL, a household needs to earn roughly $66,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,650 per month in Alsip, IL, renters typically need to show $4,950 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Alsip, IL?
In Alsip, IL, the price-to-rent ratio is 13.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Alsip, IL are best for renting a home?
The best neighborhood for renting in Alsip, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include South Shore, River North, Auburn Gresham, Hyde Park and Kenwood, each with its own character and price range.

Rental Home Trends in Alsip, IL

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,650
Median Single Family Home Rent
$1,600
Median Townhouse Rent
$2,100
Median Condo Rent
$1,563
How to Rent a Home