Cheap Apartments for Rent in the Far North Chicago Neighborhood of Chicago, IL from $400 (306 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 1456 W Fargo Ave

$1,131 - $2,031

Studio To 3 Bedroom Rentals

Available Now

1456 W Fargo Ave

ChicagoIL60626

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

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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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The Art of the Rental Viewing: What to look for during a property tour

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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 Bryn Mawr Belle Shore priced from $986. The Bell Shore has the second lowest priced unit, which is a Studio apartment currently listed from $986. Here are the most affordable Far North Chicago apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Bryn Mawr Belle ShoreStudio A1Studio,1BA$986
The Bell ShoreStudio A1Studio,1BA$986
1528 W Pratt BlvdStudioStudio,1BA$1,050
5417 Kenmore LLC211Studio,1BA$1,150

Best Value Apartments for Rent in Far North Chicago, IL

As of April 08, 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 1222 W Albion Ave Model at 1222 W Albion Ave, Unit 1 starting at $3,500 with a $1.40 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
1222 W Albion Ave, Unit 11222 W Albion Ave5BR,1.5BA$1.40
1432 W Jonquil Ter1432 W Jonquil Ter3BR,2BA$1.32
5822 N Spaulding Ave, Unit 25822 N Spaulding Ave2BR,1BA$0.77
2029 W Jarvis Ave, Unit 22029 W Jarvis Ave4BR,2BA$1.28
6441 N Francisco Ave, Unit 26441 N Francisco Ave3BR,2BA$1.08
6354 N Paulina St, Unit GroundLevel6354 N Paulina St2BR,2BA$1.26
7000 Sheridan Apartments7000 6/3/2-Large3BR,2BA$1.36
7502 N Hoyne Ave7502 N Hoyne Ave2BR,1BA$1.39
313 Custer Ave, Unit 2313 Custer Ave2BR,1BA$1.20

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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Best Local Schools in
Far North Chicago, Chicago, IL

School data provided by Great Schools

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 a cheap apartment in Far North Chicago?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Far North Chicago is under $1,150.

What is the price of a cheap apartment in Far North Chicago?

The cheapest apartment in Far North Chicago is 1528 W Pratt Blvd which is listed at $1,260, while the average apartment in Far North Chicago costs $4,750.

What types of apartments are the cheapest in Far North Chicago?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 25 regular apartments in Far North Chicago that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Far North Chicago?

Cheap apartments in Far North Chicago have an average cost of $136 which is $4,614 cheaper than the average rent for all rentals in Far North Chicago.

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.