Cheap Apartments for Rent in the Far North Chicago Neighborhood of Chicago, IL from $400 (271 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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1442 W Howard St, Unit 2
$1,050
Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050
Studio Apartment Available Now

1442 W Howard St, Unit 2

1442 W Howard StChicago, IL 60626
Affordability
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 1154 W Lunt Ave

$1,295 - $1,795

1 To 2 Bedroom Rentals

Available Now

1154 W Lunt Ave

ChicagoIL60626

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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1523 W Morse Ave, Unit #3
$1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300
Studio Apartment Available Now

1523 W Morse Ave, Unit #3

1523 W Morse AveChicago, IL 60626
Affordability

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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 $850. Bryn Mawr Belle 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
Lakeside 1241Studio 1Studio,1BA$850
Bryn Mawr Belle ShoreStudio A1Studio,1BA$986
The Bell ShoreStudio A1Studio,1BA$986
1528 W Pratt BlvdStudioStudio,1BA$1,050
Winthrop Terrace0BR/1.0BAStudio,1BA$1,210

Best Value Apartments for Rent in Far North Chicago, IL

As of May 29, 2026 the best value apartment in the Far North Chicago area is the $1.30 price per square foot 1338 W Winona St Model at 1338 W Winona St, Unit 3 in the in the Uptown Chicago neighborhood starting from $3,250. The second greatest value Far North Chicago apartment is the 5847 N Kenmore Ave Model at 5847 N Kenmore Ave, Unit 1 starting at $3,595 with a $1.50 price per square foot in the Edgewater 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.
1338 W Winona St, Unit 31338 W Winona St3BR,1BA$1.30
5847 N Kenmore Ave, Unit 15847 N Kenmore Ave4BR,2.5BA$1.50
6441 N Francisco Ave, Unit 26441 N Francisco Ave3BR,2BA$1.08
1428 W Jonquil Ter, Unit 31428 W Jonquil Ter3BR,2BA$1.80
2737 W Lunt Ave, Unit 2W2737 W Lunt Ave2BR,1BA$1.73
6535 N Mozart St, Unit 6535 N Mozart6535 N Mozart St2BR,1BA$1.46
2241 W Morse Ave, Unit 22241 W Morse Ave2BR,2BA$1.82
1706 W. Chase1 Bedrooom1BR,1BA$1.74
7502 N Hoyne Ave7502 N Hoyne Ave1BR,1BA$1.50
1806 W Farwell Ave, Unit G1806 W Farwell Ave1BR,1BA$1.73

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Far North Chicago, Chicago, IL

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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 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 $1,210.

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 $3,995.

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 11 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 $105 which is $3,890 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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.