Cheap Homes for Rent in Near North Side Neighborhood of Chicago, IL from $1,300 (84 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 111 W Maple St

$1,695 - $3,900

Studio To 2 Bedroom Rentals

Available Now

111 W Maple St

ChicagoIL60610

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 1 E Scott St

$1,800 - $1,880

Studio Rentals

Available Jan 7, 2026

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

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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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. Elm 551 at Parkside has the second lowest priced unit, which is a Studio apartment currently listed from $1,313. 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
Elm 551 at ParksideStudioStudio,1BA$1,313
11 W. DivisionStudioStudio,1BA$1,345
1164 N DearbornStudioStudio,1BA$1,350
1036 N. DearbornStudioStudio,1BA$1,395
Canterbury Court ApartmentsStudioStudio,1BA$1,500
The Oliver on LaSalleStudioStudio,1BA$1,532

Best Value Apartments for Rent in Near North Side, IL

As of December 20, 2025 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 2BR / 2BA Model at DEARBORN DISTRICT starting at $3,185 with a $1.87 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.
1154 N Dearborn St2br/2ba2BR,2BA$1.87
DEARBORN DISTRICT2BR / 2BA2BR,2BA$1.87
1332 N Cleveland Ave, Unit 11332 N Cleveland Ave3BR,3BA$2.59
1221 N. LaSalle LoftsStoreFrontStudio ,2BA$2.00
1300 N Dearborn St, Unit 17G1300 N Dearborn St2BR,2BA$2.46
1226 N Dearborn St, Unit A21226 N Dearborn St2BR,1BA$2.58
Lakeside 800Three Bedroom3BR,1BA$2.54
206 W Division St, Unit 2F206 W Division St1BR,1BA$2.63
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 252 Apartments for Rent in Near North Side, IL with pricing that ranges from $1,105 to $23,973. There are also 210 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near North Side ranging from $1,350 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 $1,350 to $19,000 with an average monthly rent of $5,111.

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 $2,220 to $23,973, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,700 to $6,280. Four Bedroom Single-Family rentals are also available starting from $5,595 and Four Bedroom Apartments start at $1,349.

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

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.

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.

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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.

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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 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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.