Cheap Homes for Rent in Near North Side Neighborhood of Chicago, IL from $1,300 (49 Rentals)

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

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 21 W Goethe St

21 W Goethe 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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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.

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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 $1,245. 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$1,245
Elm 551 at ParksideStudioStudio,1BA$1,313
1100 North LasalleStudioStudio,1BA$1,390
1036 N. DearbornStudioStudio,1BA$1,395
18 E. ElmStudioStudio,1BA$1,395

Best Value Apartments for Rent in Near North Side, IL

As of September 17, 2025 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 StoreFront Model at 1221 N. LaSalle Lofts starting at $3,000 with a $2.00 price per square foot in the Magnificent Mile 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
1221 N. LaSalle LoftsStoreFrontStudio ,2BA$2.00
241 W Scott St, Unit 1241 W Scott St2BR,1.5BA$2.46
1216 N Dearborn St, Unit J03W1216 N Dearborn St2BR,1BA$2.55
1224 N Dearborn St, Unit 1220-2A1224 N Dearborn St2BR,1BA$2.60
Lakeside 800Three Bedroom3BR,1BA$2.54
206 W Division St, Unit 2F206 W Division St1BR,1BA$2.63
1254 N Wells St, Unit 2021254 N Wells St1BR,1BA$2.36
Elm 551 at ParksideOne Bedroom1BR,1BA$2.67
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 255 Apartments for Rent in Near North Side, IL with pricing that ranges from $1,105 to $25,352. There are also 196 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near North Side ranging from $1,368 to $22,000.

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 $1,368 to $22,000 with an average monthly rent of $8,168.

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 $1,626 to $23,973, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,400 to $6,000. Four Bedroom Single-Family rentals are also available starting from $8,900 and Four Bedroom Apartments start at $4,999.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.