Cheap Homes for Rent in Near North Side Neighborhood of Chicago, IL from $1,400 (46 Rentals)

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

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

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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property at 1325 N Dearborn St

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795
Total Monthly Price
$1,795

Studio, 1 Bath Condo for Rent

Available Aug 1

1325 N Dearborn St, Unit 607

1325 N Dearborn St
ChicagoIL60610
property at 152 W Superior St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

Studio, 1 Bath Condo for Rent

Available Now

152 W Superior St, Unit 4R

152 W Superior St
ChicagoIL60654
property at 1244 N Dearborn St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

Studio, 1 Bath Condo for Rent

Available Now

1244 N Dearborn St, Unit 3R

1244 N Dearborn St
ChicagoIL60610

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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property at 70 W Huron St

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950
Total Monthly Price
$1,950

Studio, 1 Bath Condo for Rent

Available Aug 1

70 W Huron St, Unit 12

70 W Huron St
ChicagoIL60654
property at 1320 N Dearborn St

$2,095 - $2,795

Total Monthly Price

Total Monthly Price

Base Rent
$2,095 - $2,795
Total Monthly Price
$2,095 - $2,795

Studio To 1 Bedroom Condos for Rent

Available Aug 1

1320 N Dearborn St

ChicagoIL60610

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.

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property at 1226 N Dearborn St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100
Total Monthly Price
$2,100

Studio, 1 Bath Condo for Rent

Available Now

1226 N Dearborn St, Unit 33C

1226 N Dearborn St
ChicagoIL60610
property at 1122 N Clark St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100
Total Monthly Price
$2,100

Studio, 1 Bath Condo for Rent

Available Now

1122 N Clark St, Unit 1122

1122 N Clark St
ChicagoIL60610
property at 1122 N Clark St

$2,100 - $2,500

Studio To 1 Bedroom Rentals

Available Now

1122 N Clark St

ChicagoIL60610
property at 30 W Huron St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200
Total Monthly Price
$2,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

30 W Huron St, Unit 02606

30 W Huron St
ChicagoIL60654

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.

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property at 1122 N Dearborn St

$2,200 - $2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,200 - $2,400
Total Monthly Price
$2,200 - $2,400

Studio To 1 Bedroom Condos for Rent

Available Jul 1

1122 N Dearborn St

ChicagoIL60610
Showing Results 1-46, Page 1 of 1

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 $1,295. 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$1,295
1036 N. DearbornStudioStudio,1BA$1,375
18 E. ElmStudioStudio,1BA$1,495
Park DearbornKitchenetteStudio,1BA$1,500
127 Maple AveL101BR,1BA$2,100

Best Value Apartments for Rent in Near North Side, IL

As of June 29, 2026 the best value apartment in the Near North Side area is the $2.59 price per square foot 1332 N Cleveland Ave Model at 1332 N Cleveland Ave, Unit 1 in the in the Near North Side neighborhood starting from $4,400. The second greatest value Near North Side apartment is the D5 | leasing per bedroom Model at The 808 Cleveland starting at $1,699 with a $1.53 price per square foot in the Chicago Loop 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.
1332 N Cleveland Ave, Unit 11332 N Cleveland Ave3BR,3BA$2.59
The 808 ClevelandD5 | leasing per bedroom4BR,3BA$1.53
Elm Street PlazaOne Bedroom1BR,1BA$2.88
1226 N Dearborn St1226 N Dearborn St2BR,1BA$2.82
Asbury PlazaDeluxe One Bedroom1BR,1BA$2.92
1111 N. Dearborn1-BR/1BA1BR,1BA$2.81
The Archer1BR/1.0BA1BR,1BA$3.23
440 W Elm St, Unit 111440 W Elm St1BR,1BA$2.85
127 Maple AveL101BR,1BA$3.23
Maple1 Bedroom 1 Bathroom1BR,1BA$2.28

Frequently Asked Questions about Near North Side

What type of rentals are currently available in Near North Side?

There are currently 225 Apartments for Rent in Near North Side, IL with pricing that ranges from $1,295 to $23,973. There are also 180 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near North Side ranging from $1,495 to $18,000.

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 $1,495 to $18,000 with an average monthly rent of $5,649.

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 $4,300 to $23,973, while Three Bedroom Homes, Condos, and Townhomes for rent range from $5,000 to $10,500. Four Bedroom Single-Family rentals are also available starting from $7,300 and Four Bedroom Apartments start at $1,449.

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

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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

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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

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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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Articles, How-To's, and Tips

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.