Cheap Apartments for Rent in the Near North Side Neighborhood of Chicago, IL from $1,230 (100 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
1330 N Dearborn
$1,500 - $2,200

Total Monthly Price

Base Rent$1,500 - $2,200

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Contact Us For Availability

1330 N Dearborn

1330 N Dearborn StChicago, IL 60610
Affordability
  • Verified
  • 3D Tour
  • Smoke Free
property at 1325 N Dearborn St
$1,575 - $1,795

Total Monthly Price

Base Rent$1,575 - $1,795

Total Monthly Price$1,575 - $1,795
Studio, 1 Bath Condo for Rent
Available Now
Affordability

1325 N Dearborn St

ChicagoIL60610

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

property at 1160 N Dearborn St
$1,595

Total Monthly Price

Base Rent$1,595

Total Monthly Price$1,595
Studio, 1 Bath Condo for Rent
Available Now
Affordability

1160 N Dearborn St, Unit #415

1160 N Dearborn St
ChicagoIL60610

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

close
View Me
1000 N. LaSalle
$1,750 - $3,530

Total Monthly Price

Base Rent$1,750 - $3,530

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

1000 N. LaSalle

1000-1030 N LaSalle DrChicago, IL 60610
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
55 W. Chestnut
Rent Specials
$1,789 - $3,323

Total Monthly Price

Base Rent$1,789 - $3,323

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

55 W. Chestnut

55 W Chestnut StChicago, IL 60610
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
1120 N. LaSalle
$1,816 - $3,616

Total Monthly Price

Base Rent$1,816 - $3,616

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

1120 N. LaSalle

1120 LaSalle DrChicago, IL 60610
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
1111 N. Dearborn
$1,824 - $4,902

Total Monthly Price

Base Rent$1,824 - $4,902

Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

1111 N. Dearborn

1111 N Dearborn StChicago, IL 60610
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
1133 N. Dearborn
Rent Specials
$1,869 - $4,064

Total Monthly Price

Base Rent$1,869 - $4,064

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

1133 N. Dearborn

1133 N Dearborn StChicago, IL 60610
Affordability
  • Verified
  • 3D Tour
  • Smoke Free

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

close
View Me
102 W Chicago Ave
$1,870 - $2,293

Total Monthly Price

Base Rent$1,870 - $2,293

Total Monthly Price$1,870 - $2,293
Studio to 1 Bedroom Apartment Available Now

102 W Chicago Ave

102 W Chicago AveChicago, IL 60654
Affordability
  • Smoke Free
property at 20 E Goethe St
$1,895

Total Monthly Price

Base Rent$1,895

Total Monthly Price$1,895
1 Bedroom, 1 Bath Condo for Rent
Available Oct 6
Furnished

20 E Goethe St, Unit 20 east Goethe

20 E Goethe St
ChicagoIL60610
property at 1320 N Dearborn St
$1,925 - $2,795

Total Monthly Price

Base Rent$1,925 - $2,795

Total Monthly Price$1,925 - $2,795
Studio To 1 Bedroom Condos for Rent
Available Now
Affordability

1320 N Dearborn St

ChicagoIL60610
property at 200 W Superior St
$2,000

Total Monthly Price

Base Rent$2,000

Total Monthly Price$2,000
Studio, 1 Bath Condo for Rent
Available Now
Affordability

200 W Superior St, Unit 2706B

200 W Superior St
ChicagoIL60654
  • Smoke Free
property at 1122 N Clark St
$2,000

Total Monthly Price

Base Rent$2,000

Total Monthly Price$2,000
Studio, 1 Bath Condo for Rent
Available Now
Affordability

1122 N Clark St, Unit 1122

1122 N Clark St
ChicagoIL60610
  • Smoke Free

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.

property at 1244 N Dearborn St
$2,050

Total Monthly Price

Base Rent$2,050

Total Monthly Price$2,050
Studio, 1 Bath Condo for Rent
Available Now
Furnished

1244 N Dearborn St, Unit 3R

1244 N Dearborn St
ChicagoIL60610
  • Smoke Free
property at 1226 N Dearborn St
$2,050

Total Monthly Price

Base Rent$2,050

Total Monthly Price$2,050
Studio, 1 Bath Condo for Rent
Available Now
Affordability

1226 N Dearborn St, Unit 33C

1226 N Dearborn St
ChicagoIL60610
  • Smoke Free
property at 106 W Chicago Ave
$2,065

Total Monthly Price

Base Rent$2,065

Total Monthly Price$2,065
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

106 W Chicago Ave, Unit 304

106 W Chicago Ave
ChicagoIL60654
  • Smoke Free
property at 152 W Superior St
$2,100

Total Monthly Price

Base Rent$2,100

Total Monthly Price$2,100
Studio, 1 Bath Condo for Rent
Available Now
Affordability

152 W Superior St, Unit 4R

152 W Superior St
ChicagoIL60654
property at 730 N Dearborn St
$2,100
1 Bedroom, 1 Bath Rentals
Available Now
Affordability

730 N Dearborn St

ChicagoIL60654
property at 1122 N Dearborn St
$2,100 - $2,400

Total Monthly Price

Base Rent$2,100 - $2,400

Total Monthly Price$2,100 - $2,400
Studio To 1 Bedroom Condos for Rent
Available Now
Affordability

1122 N Dearborn St

ChicagoIL60610

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Near North Side, Chicago, IL Local Guide

Cheapest Available Near North Side Apartments for Rent

 

The cheapest available apartment rental in the Near North Side area of Chicago, IL is a 1 Bed unit found at Maple priced from $1,230. 11 W. Division has the second lowest priced unit, which is a Studio apartment currently listed from $1,395. Here are the most affordable Near North Side apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Maple1 Bedroom 1 Bathroom1BR,1BA$1,230
11 W. DivisionStudioStudio,1BA$1,395
1164 N DearbornStudioStudio,1BA$1,495
1036 N. DearbornStudioStudio,1BA$1,515
Dearborn NorthStudio #16-19Studio,1BA$1,525
Park DearbornKitchenetteStudio,1BA$1,550
Atrium at Old Town ParkStudio AStudio,1BA$1,659
1000 N. LaSalleSTUD/1BAStudio,1BA$1,750
20 E. Scott StreetSTUD/1BAStudio,1BA$1,819

Best Value Apartments for Rent in Near North Side, IL

As of September 10, 2026 the best value apartment in the Near North Side area is the $2.24 price per square foot 3br/2ba Model at 1154 N Dearborn St in the in the Magnificent Mile neighborhood starting from $4,489. The second greatest value Near North Side apartment is the 1332 N Cleveland Ave Model at 1332 N Cleveland Ave, Unit 1 starting at $4,900 with a $2.88 price per square foot in the Near North Side neighborhood. Here is today’s list of the best values for Near North Side apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1154 N Dearborn St3br/2ba3BR,2BA$2.24
1332 N Cleveland Ave, Unit 11332 N Cleveland Ave3BR,2BA$2.88
1224 N Dearborn St1224 N Dearborn St2BR,1BA$3.10
Elm Street PlazaOne Bedroom1BR,1BA$2.79
1120 N. LaSalle1-BR/1BA1BR,1BA$2.78
1111 N. Dearborn1-BR/1BA1BR,1BA$2.82
The Archer1BR/1.0BA1BR,1BA$2.97
Asbury PlazaConvertibleStudio ,1BA$3.09
Atrium at Old Town ParkConvertible 1 Bedroom1BR,1BA$2.80
Maple1 Bedroom 1 Bathroom1BR,1BA$2.28

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.

Read Article
Decorative image

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

Read Article

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

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

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States and customized analysis for Central Chicago, IL. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, family-friendly amenities, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Near North Side Apartments

What is a cheap apartment in Near North Side?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Near North Side is under $1,819.

What is the price of a cheap apartment in Near North Side?

The cheapest apartment in Near North Side is Maple which is listed at $1,230, while the average apartment in Near North Side costs $2,900.

What types of apartments are the cheapest in Near North Side?

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 29 regular apartments in Near North Side 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 Near North Side?

Cheap apartments in Near North Side have an average cost of $1,071 which is $1,829 cheaper than the average rent for all rentals in Near North Side.

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

decorative image for The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago article

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Written by: Nicole Harms

When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

decorative image for Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible article

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Written by: Nicole Harms

I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

decorative image for Chicago Relocation 101: Mastering Utilities, Registration, and the CTA article

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

Written by: Nicole Harms

Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.