
Cheap Homes for Rent in Near North Side Neighborhood of Chicago, IL from $1,400 (46 Rentals)
Search the lowest-cost Homes available for rent right now in the Near North Side area of Chicago.


1140 N La Salle Dr, Unit 514

1140 N La Salle Dr, Unit 510

1140 N La Salle Dr, Unit 822

1023 N Dearborn St, Unit 615

111 W Maple St

1 E Scott St, Unit 1107, Unit 1107

1244 N Dearborn St, Unit 3R, Unit 3R

200 W Superior St, Unit 2706B, Unit 2706B
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.

1115 N Dearborn St

106 W Chicago Ave, Unit 304, Unit 304

1122 N Clark St, Unit 1122, Unit 1122

1226 N Dearborn St, Unit 33C, Unit 33C

856 N Wells St, Unit 856 N Wells

1140 N La Salle Dr, Unit 217

113 W Chicago Ave

202 W Institute Pl

213 W Chicago Ave
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.

809 N Wells St

1122 N Dearborn St

755 N Wells St, Unit 2, Unit 2

30 W Huron St, Unit 02606, Unit 02606

21 W Goethe St, Unit 15D, Unit 15D

216 W Chicago Ave

746 N Dearborn St

45 W Chicago Ave

756 N Dearborn 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.

735 N Dearborn St

70 W Huron St, Unit 1007, Unit 1007

1 E Scott St

1212N N La Salle Dr, Unit 1607, Unit 1607

1212 N La Salle Dr, Unit 1904, Unit 1904

347 W Chestnut St, Unit 2506

328 W Chestnut St

152 W Superior St, Unit 4R, Unit 4R

9 W Elm St
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.

1122 N Clark St

Total Monthly Price
460 W Chicago Ave, Unit SI FL15-ID1351

736 N Dearborn St

1130 N Dearborn St, Unit 0202

347 W Chestnut St, Unit 1904

359 W Chicago Ave

106 W Chicago Ave

324 W Chestnut St

1335 N Dearborn St, Unit 08A, Unit 08A
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!

216 W Chicago Ave, Unit 1322, Unit 1322
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 | $4,093 | $2,400 | $6,000 |
| Near North Side 3 Bedroom Homes for Rent | $6,840 | $4,900 | $10,000+ |
| Near North Side 4 Bedroom Homes for Rent | $13,812 | $5,250 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 46 rentals with your search options within a 2 mile radius of the Near North Side Neighborhood of Chicago, IL.
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Maple | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,230 |
| 11 W. Division | Studio | Studio,1BA | $1,245 |
| 1036 N. Dearborn | Studio | Studio,1BA | $1,395 |
| The 808 Cleveland | D5 | 4BR,3BA | $1,404 |
| 18 E. Elm | Studio | Studio,1BA | $1,445 |
| The Oliver on LaSalle | Studio | Studio,1BA | $1,470 |
| Park Dearborn | Galley | Studio,1BA | $1,550 |
Best Value Apartments for Rent in Near North Side, IL
As of May 15, 2026 the best value apartment in the Near North Side area is the $1.68 price per square foot 2br/2ba Model at 1154 N Dearborn St in the in the Magnificent Mile neighborhood starting from $3,375. 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. |
|---|---|---|---|
| 1154 N Dearborn St | 2br/2ba | 2BR,2BA | $1.68 |
| 1332 N Cleveland Ave, Unit 1 | 1332 N Cleveland Ave | 3BR,3BA | $2.59 |
| 100 W. Chestnut | 2-BR/1BA | 2BR,1BA | $3.21 |
| 18 E. Elm | 2 Bedroom / 2 Bathroom | 2BR,2BA | $2.94 |
| Asbury Plaza | Deluxe One Bedroom | 1BR,1BA | $2.85 |
| 1133 N. Dearborn | 1-BR/1BA | 1BR,1BA | $2.89 |
| The Archer | 1BR/1.0BA | 1BR,1BA | $3.37 |
| 127 Maple Ave | L1 | 1BR,1BA | $2.93 |
| 1000 N. LaSalle | 1-BR/1BA | 1BR,1BA | $3.08 |
| Maple | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.28 |
Frequently Asked Questions about Near North Side
What type of rentals are currently available in Near North Side?
There are currently 220 Apartments for Rent in Near North Side, IL with pricing that ranges from $1,245 to $39,342. There are also 151 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near North Side ranging from $1,492 to $20,000.
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 $1,492 to $20,000 with an average monthly rent of $5,882.
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 $4,900 to $10,500. Four Bedroom Single-Family rentals are also available starting from $5,250 and Four Bedroom Apartments start at $1,404.
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
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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.

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.

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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.