Cheap Homes for Rent in Near North Side Neighborhood of Chicago, IL from $1,400 (56 Rentals)

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

property at 1160 N Dearborn St

$1,450 - $1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $1,475

Total Monthly Price
$1,450 - $1,475

Studio, 1 Bath Condo for Rent

Available Now

1160 N Dearborn St

ChicagoIL60610

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

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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.

property at 70 Huron W St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

Studio, 1 Bath Condo for Rent

Available May 21

70 Huron W St, Unit 1101

70 Huron W St
ChicagoIL60654

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

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property at 1122 N Dearborn St

$1,900 - $2,300

Studio To 1 Bedroom Condos for Rent

Available Now

1122 N Dearborn St

ChicagoIL60610
property at 1244 N Dearborn 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 Now

1244 N Dearborn St, Unit 3R

1244 N Dearborn St
ChicagoIL60610
property at 152 W Superior St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

Studio, 1 Bath Condo for Rent

Available Now

152 W Superior St, Unit 4R

152 W Superior St
ChicagoIL60654
property at 1030 N State St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

Studio, 1 Bath Condo for Rent

Available May 1

1030 N State St, Unit 2F

1030 N State St
ChicagoIL60610

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.

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 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 1212 N La Salle Dr

$2,195 - $3,795

Total Monthly Price

Total Monthly Price

Base Rent
$2,195 - $3,795

Total Monthly Price
$2,195 - $3,795

Studio To 2 Bedroom Condos for Rent

Available Now

1212 N La Salle Dr

ChicagoIL60610

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.

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 ListingModel NameBed/BathPriced From
11 W. DivisionStudioStudio,1BA$1,215
Maple1 Bedroom 1 Bathroom1BR,1BA$1,230
1036 N. DearbornStudioStudio,1BA$1,395
The 808 ClevelandD24BR,3BA$1,400
1164 N DearbornStudioStudio,1BA$1,425
18 E. ElmStudioStudio,1BA$1,495
Canterbury Court ApartmentsStudioStudio,1BA$1,500
Park DearbornPullmanStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
1133 N. Dearborn2-BR/2BA2BR,2BA$1.33
1332 N Cleveland Ave, Unit 11332 N Cleveland Ave3BR,3BA$2.59
1221 N. LaSalle LoftsStoreFrontStudio ,2BA$2.00
Asbury PlazaTwo Bedroom2BR,2BA$3.30
1226 N Dearborn St1226 N Dearborn St2BR,1BA$2.82
127 Maple AveL11BR,1BA$2.93
100 W. Chestnut1BR-JR/1BA1BR,1BA$2.95
Dearborn NorthConvertible1BR,1BA$2.68
Maple1 Bedroom 1 Bathroom1BR,1BA$2.28
Canterbury Court ApartmentsStudioStudio ,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

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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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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.

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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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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

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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.

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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.

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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.

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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.