Cheap Homes for Rent in Near North Side Neighborhood of Chicago, IL from $1,400 (59 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.

property at 1125 N La Salle Dr

$1,627

Total Monthly Price

Total Monthly Price

Base Rent
$1,627

Total Monthly Price
$1,627

Studio, 1 Bath Condo for Rent

Available Now

1125 N La Salle Dr, Unit 203

1125 N La Salle Dr
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.

property at 21 W Goethe St

$1,900 - $2,300

Studio To 1 Bedroom Rentals

Available Now

21 W Goethe St

ChicagoIL60610
property at 1160 N Dearborn St

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

1 Bedroom, 1 Bath Condo for Rent

Available Now

1160 N Dearborn St, Unit 502

1160 N Dearborn St
ChicagoIL60610
property at 70 W Huron 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

70 W Huron St, Unit 2210

70 W Huron 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 1000 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 Now

1000 N State St, Unit 48G

1000 N State St
ChicagoIL60610
property at 152 W Superior St

$2,050

Total Monthly Price

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050

Studio, 1 Bath Condo for Rent

Available Now

152 W Superior St, Unit 4R

152 W Superior St
ChicagoIL60654

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 1335 N Dearborn St

$2,050

Total Monthly Price

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050

Studio, 1 Bath Condo for Rent

Available Feb 15

1335 N Dearborn St, Unit 10E

1335 N Dearborn 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

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 1 Bed unit found at Maple priced from $1,230. 1164 N Dearborn has the second lowest priced unit, which is a Studio apartment currently listed from $1,325. 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
1164 N DearbornStudioStudio,1BA$1,325
Canterbury Court ApartmentsStudioStudio,1BA$1,500
The Oliver on LaSalleStudioStudio,1BA$1,512
Dearborn NorthStudioStudio,1BA$1,640

Best Value Apartments for Rent in Near North Side, IL

As of February 13, 2026 the best value apartment in the Near North Side area is the $1.87 price per square foot 2br/2ba Model at 1154 N Dearborn St in the in the Magnificent Mile neighborhood starting from $3,185. 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.
1154 N Dearborn St2br/2ba2BR,2BA$1.87
1332 N Cleveland Ave, Unit 11332 N Cleveland Ave3BR,3BA$2.59
1221 N. LaSalle LoftsStoreFrontStudio ,2BA$2.00
1308 N La Salle Dr, Unit #3K1308 N La Salle Dr2BR,2BA$3.00
1225 N La Salle Dr, Unit k21225 N La Salle Dr2BR,2BA$3.00
1226 N Dearborn St, Unit A21226 N Dearborn St2BR,1BA$2.58
206 W Division St, Unit 2F206 W Division St1BR,1BA$2.63
Park DearbornNortheast One Bedroom1BR,1BA$2.84
Atrium at Old Town ParkConvertible 1 Bedroom1BR,1BA$2.80
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 246 Apartments for Rent in Near North Side, IL with pricing that ranges from $1,105 to $23,973. There are also 212 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near North Side ranging from $1,450 to $40,000.

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 $1,450 to $40,000 with an average monthly rent of $8,805.

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 $7,950. Four Bedroom Single-Family rentals are also available starting from $10,000 and Four Bedroom Apartments start at $1,399.

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.

decorative image for Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago article

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.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

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.

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

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.