Lakes Apartments
13300 S Indiana Ave,
Chicago, IL 60827
$1,175 - $1,520
2-4 Beds
Far South Chicago is an urban neighborhood situated about 15 miles south of Downtown Chicago. The neighborhood is centered by Lake Calumet, which draws in residents and visitors alike as the marshy landscape is surrounded by park lands, golf courses, and trails. Surrounding this outdoor area is commercial and residential spaces. Renters have the choice between a variety of apartments situated on the edge of town while retail centers equipped with all the necessities are located along the town’s main thoroughfares. Outside of town, residents can travel a few minutes west to enjoy additional outdoor recreational activities provided by the lakefront parks and trails off the shores of Lake Michigan. For more dining, shopping, and world-class entertainment, residents head about 20 minutes north by car or train into the heart of Downtown Chicago.
As of December 2025, the average apartment rent in Far South Chicago is $969 for one bedroom, $1,284 for two bedrooms, and $1,519 for three bedrooms. Apartment rent in Far South Chicago has increased by 0.4% in the past year.
1 BR
578 sq ft
Average Sq Ft
$969/month
Average Rent
2 BR
818 sq ft
Average Sq Ft
$1,284/month
Average Rent
3 BR
1,176 sq ft
Average Sq Ft
$1,519/month
Average Rent
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.