Cheap Homes for Rent in Near West Side Neighborhood of Chicago, IL from $1,000 (8 Rentals)

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

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.

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.

Cheapest Available Near West Side Apartments for Rent

 

The cheapest available apartment rental in the Near West Side area of Chicago, IL is a 4 Beds unit found at Westhaven Park II - A priced from $239. McCrory Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here are the most affordable Near West Side apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Westhaven Park II - A4 Bedroom4BR,2BA$239
McCrory Senior Apartments1 Bed 60%1BR,1BA$1,300
2620 LoftsOne Bedroom - Units, 304, 404, 504, 6041BR,1BA$1,960

Best Value Apartments for Rent in Near West Side, IL

As of May 28, 2026 the best value apartment in the Near West Side area is the $0.15 price per square foot 3 Bedroom Model at Westhaven Park II - A in the in the Near West Side neighborhood starting from $239. The second greatest value Near West Side apartment is the 2811 W Jackson Blvd Model at 2811 W Jackson Blvd, Unit 3 starting at $2,595 with a $2.16 price per square foot in the Near West Side neighborhood. Here is today’s list of the best values for Near West Side apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Westhaven Park II - A3 Bedroom3BR,1BA$0.15
2811 W Jackson Blvd, Unit 32811 W Jackson Blvd3BR,2BA$2.16
2354 W Polk St, Unit 3042354 W Polk St2BR,2BA$2.59
2136 West Jackson Boulevard, Unit #12136 West Jackson Boulevard1BR,1BA$1.89
CADENCE APARTMENTS207-10072BR,2BA$3.59
801 S Oakley Blvd, Unit Garden801 S Oakley Blvd1BR,1BA$3.00
2620 LoftsOne Bedroom - Units, 304, 404, 504, 6041BR,1BA$2.77
McCrory Senior Apartments1 Bed 60%1BR,1BA$2.31
Atrio ApartmentsS1 (11 & 13)Studio ,1BA$4.32

Frequently Asked Questions about Near West Side

What type of rentals are currently available in Near West Side?

There are currently 130 Apartments for Rent in Near West Side, IL with pricing that ranges from $1,300 to $19,670. There are also 70 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near West Side ranging from $1,030 to $12,750.

What is the current price range for Rental Homes in Near West Side?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Near West Side ranges from $1,030 to $12,750 with an average monthly rent of $4,348.

How much are larger Three and Four Bedroom Rentals in Near West Side?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Near West Side range from $2,100 to $11,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,030 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,950.

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

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

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.

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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.

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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.