Cheap Studio Apartments for Rent in the Near North Side Neighborhood of Chicago, IL from $1,095 (38 Rentals)

Dearborn Plaza

1100 N La Salle Dr

1160 N Dearborn St, Unit #1164-214
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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.

14 West Elm Apartments

Canterbury Court Apartments

1330 N Dearborn

1140 N La Salle Dr

1100 North Lasalle
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Hugo River North

1000 N. LaSalle

1111 N. Dearborn St.

1 E Scott St
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

1 W Superior St
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.
Near North Side, Chicago, IL Local Guide

How much does it cost to rent an apartment in Near North Side?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
Near North Side Studio Apartments | $2,363 | $1,095 | $4,189 |
| Near North Side 1 Bedroom Apartments | $3,051 | $1,500 | $6,696 |
| Near North Side 2 Bedroom Apartments | $4,568 | $2,100 | $10,000+ |
| Near North Side 3 Bedroom Apartments | $9,751 | $2,220 | $10,000+ |
| Near North Side 4 Bedroom Apartments | $2,731 | $1,349 | $10,000+ |
Explore Chicago
Getting Around the Near North Side Neighborhood in Chicago, IL
Walk Score®
98 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
85 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
85 / 100
Excellent Transit
Transit is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,517.
What is the price of a cheap apartment in Near North Side?
The cheapest apartment in Near North Side is Elm 551 at Parkside which is listed at $1,313, while the average apartment in Near North Side costs $16,519.
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 $521 which is $15,998 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

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.

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.

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.

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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
























