Cheap Apartments for Rent in the Far North Chicago Neighborhood of Chicago, IL from $400 (324 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Far North Chicago area of Chicago.

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6912 N Lakewood Ave, Unit S
$1,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000
Studio Apartment Available Now

6912 N Lakewood Ave, Unit S

6912 N Lakewood AveChicago, IL 60626
Affordability
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

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Wyndham Apartments
Rent Specials
$1,212 - $2,166
Total Monthly Price

Total Monthly Price

Base Rent
$1,162 - $2,116
Required Monthly Fees
$50
Total Monthly Price
$1,212 - $2,166
Studio to 2 Bedroom Apartments Available Now

Wyndham Apartments

5240 N Sheridan RdChicago, IL 60640
Affordability
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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4635 N Paulina St
$1,250 - $1,350
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $1,350
Total Monthly Price
$1,250 - $1,350
Studio Apartment Available Now

4635 N Paulina St

4635 N Paulina StChicago, IL 60640
Affordability
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5722 N Winthrop Ave
$1,250 - $1,695
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $1,695
Total Monthly Price
$1,250 - $1,695
Studio to 1 Bedroom Apartment Available Now

5722 N Winthrop Ave

5722 N Winthrop AveChicago, IL 60660
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Far North Chicago, Chicago, IL Local Guide

Cheapest Available Far North Chicago Apartments for Rent

 

The cheapest available apartment rental in the Far North Chicago area of Chicago, IL is a Studio unit found at Lakeside 1241 priced from $870. The Sovereign has the second lowest priced unit, which is a Studio apartment currently listed from $935. Here are the most affordable Far North Chicago apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Lakeside 1241Studio 1Studio,1BA$870
The SovereignStudio - SmallStudio,1BA$935
The Bell ShoreStudio A1Studio,1BA$1,011
Bryn Mawr Belle ShoreStudio A1Studio,1BA$1,011
4735 BeaconStudioStudio,1BA$1,050

Best Value Apartments for Rent in Far North Chicago, IL

As of February 22, 2026 the best value apartment in the Far North Chicago area is the $0.24 price per square foot 1553 W Hollywood Ave Model at 1553 W Hollywood Ave, Unit 314 in the in the Edgewater neighborhood starting from $2,395. The second greatest value Far North Chicago apartment is the 7212 N Paulina St Model at 7212 N Paulina St, Unit 1W starting at $2,550 with a $0.26 price per square foot in the Rogers Park neighborhood. Here is today’s list of the best values for Far North Chicago apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1553 W Hollywood Ave, Unit 3141553 W Hollywood Ave2BR,1BA$0.24
7212 N Paulina St, Unit 1W7212 N Paulina St3BR,2BA$0.26
1432 W Jonquil Ter1432 W Jonquil Ter3BR,2BA$1.12
1432 W Jonquil Ter, Unit 21432 W Jonquil Ter3BR,2BA$1.12
1432 W Jonquil Ter, Unit 21432 W Jonquil Ter3BR,2BA$1.16
1432 W Jonquil Ter, Unit 21432 W Jonquil Ter3BR,2BA$1.16
6441 N Francisco Ave, Unit 26441 N Francisco Ave3BR,2BA$1.08
6140 N Mozart St, Unit 36140 N Mozart St3BR,2BA$1.22
1544 W Glenlake Ave.2BR/2.0BA2BR,2BA$1.15
313 Custer Ave, Unit 2313 Custer Ave2BR,1BA$1.20

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Lifestyle Ratings

This website is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across Illinois including Far North Chicago, Chicago, and the greater Chicago area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, kid and pet-friendly communities, availability of transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Far North Chicago Apartments

What is the Cheapest Studio apartment in Far North Chicago?

Currently the most affordable Cheap Studio Apartment in Far North Chicago is at Lakeside 1241 listed at $870.

How much is rent for a Cheap One Bedroom Far North Chicago Apartment?

The lowest price for a Cheap One Bedroom Far North Chicago Apartment is $1,151 at Bryn Mawr Belle Shore.

What is the lowest price for a Cheap Two Bedroom Far North Chicago Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Far North Chicago is starting from $1,485 at 6600 Ashland.

What is the most affordable Far North Chicago Three Bedroom Apartment?

The best deal on a cheap Far North Chicago Three Bedroom Apartment rental is at 1351 W. Touhy Ave. and starts from $1,925.

Expert Rental Resources

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.

Helpful Local Expert Guides

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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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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Written by: Nicole Harms

From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.