
Cheap Homes for Rent in Near North Side Neighborhood of Chicago, IL from $1,400 (56 Rentals)
Search the lowest-cost Homes available for rent right now in the Near North Side area of Chicago.


1023 N Dearborn St

1160 N Dearborn St

1164 N Dearborn St

1023 N Dearborn St

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

1164 N Dearborn St

1023 N Dearborn
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.

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1314 N Dearborn St

20 E Scott St

1125 N La Salle Dr, Unit 203

1329 N Dearborn St

1314 N Dearborn St

33 W Delaware Pl

70 Huron W St, Unit 1101

1000 N La Salle Dr

1000 N La Salle Dr

21 W Goethe 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!

1122 N Dearborn St

1 E Scott St

1244 N Dearborn St, Unit 3R

730 N Dearborn St

2 W Division St

152 W Superior St, Unit 4R

1030 N State St, Unit 2F

200 W Superior St, Unit 2706B

102 W Chicago Ave

803 N Dearborn St
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.

1335 N Dearborn St, Unit 10E

746 N Dearborn St

106 W Chicago Ave, Unit 304

1122 N Clark St, Unit 1122

1226 N Dearborn St, Unit 33C

1130 N Dearborn St

1320 N Dearborn St

770 N Dearborn St

1212 N La Salle Dr

1220 N La Salle Dr
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Near North Side, Chicago, IL Local Guide

How much does it cost to rent a home in Near North Side?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Near North Side 2 Bedroom Homes for Rent | $3,887 | $2,000 | $6,000 |
| Near North Side 3 Bedroom Homes for Rent | $6,989 | $4,700 | $10,000+ |
| Near North Side 4 Bedroom Homes for Rent | $16,750 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 56 rentals with your search options within a 2 mile radius of the Near North Side Neighborhood of Chicago, IL.
Explore Chicago
Cheapest Available Near North Side Apartments for Rent
 The cheapest available apartment rental in the Near North Side area of Chicago, IL is a Studio unit found at 11 W. Division priced from $1,215. Maple has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,230. Here are the most affordable Near North Side apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 11 W. Division | Studio | Studio,1BA | $1,215 |
| Maple | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,230 |
| 1036 N. Dearborn | Studio | Studio,1BA | $1,395 |
| The 808 Cleveland | D2 | 4BR,3BA | $1,400 |
| 1164 N Dearborn | Studio | Studio,1BA | $1,425 |
| 18 E. Elm | Studio | Studio,1BA | $1,495 |
| Canterbury Court Apartments | Studio | Studio,1BA | $1,500 |
| Park Dearborn | Pullman | Studio,1BA | $1,525 |
Best Value Apartments for Rent in Near North Side, IL
As of March 31, 2026 the best value apartment in the Near North Side area is the $1.33 price per square foot 2-BR/2BA Model at 1133 N. Dearborn in the in the Magnificent Mile neighborhood starting from $3,322. The second greatest value Near North Side apartment is the 1332 N Cleveland Ave Model at 1332 N Cleveland Ave, Unit 1 starting at $4,400 with a $2.59 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1133 N. Dearborn | 2-BR/2BA | 2BR,2BA | $1.33 |
| 1332 N Cleveland Ave, Unit 1 | 1332 N Cleveland Ave | 3BR,3BA | $2.59 |
| 1221 N. LaSalle Lofts | StoreFront | Studio ,2BA | $2.00 |
| Asbury Plaza | Two Bedroom | 2BR,2BA | $3.30 |
| 1226 N Dearborn St | 1226 N Dearborn St | 2BR,1BA | $2.82 |
| 127 Maple Ave | L1 | 1BR,1BA | $2.93 |
| 100 W. Chestnut | 1BR-JR/1BA | 1BR,1BA | $2.95 |
| Dearborn North | Convertible | 1BR,1BA | $2.68 |
| Maple | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.28 |
| Canterbury Court Apartments | Studio | Studio ,1BA | $3.16 |
Frequently Asked Questions about Near North Side
What type of rentals are currently available in Near North Side?
There are currently 251 Apartments for Rent in Near North Side, IL with pricing that ranges from $1,105 to $23,973. There are also 194 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near North Side ranging from $1,425 to $19,000.
What is the current price range for Rental Homes in Near North Side?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Near North Side ranges from $1,425 to $19,000 with an average monthly rent of $6,439.
How much are larger Three and Four Bedroom Rentals in Near North Side?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Near North Side range from $4,400 to $23,973, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,700 to $10,500. Four Bedroom Single-Family rentals are also available starting from $10,000 and Four Bedroom Apartments start at $10,000.
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

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.

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.

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.

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.