Cheap Homes for Rent in Near West Side Neighborhood of Chicago, IL from $1,600 (16 Rentals)

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

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.

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.

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 West Side Apartments for Rent

 

The cheapest available apartment rental in the Near West Side area of Chicago, IL is a 3 Beds unit found at Letterman Chicago priced from $1,075. 1162 - 1168 N La Salle Blvd has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,375. Here are the most affordable Near West Side apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Letterman ChicagoMac - 3x23BR,2BA$1,075
1162 - 1168 N La Salle Blvd1 Bed 1 Bath1BR,1BA$1,375
Roosevelt SquareStudioStudio,1BA$1,450
Harris Point Chicago905 S Claremont Apt. GR1BR,1BA$1,650
Atrio ApartmentsS1 (11 & 13)Studio,1BA$2,189

Best Value Apartments for Rent in Near West Side, IL

As of June 18, 2025 the best value apartment in the Near West Side area is the $1.38 price per square foot 2440 W Lexington St Model at 2440 W Lexington St, Unit 1 in the in the Near West Side neighborhood starting from $2,200. The second greatest value Near West Side apartment is the 2750 W Wilcox St Model at 2750 W Wilcox St, Unit A1 starting at $2,400 with a $1.71 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.
2440 W Lexington St, Unit 12440 W Lexington St4BR,2BA$1.38
2750 W Wilcox St, Unit A12750 W Wilcox St3BR,2BA$1.71
2719 W Polk St, Unit 32719 W Polk St3BR,2BA$1.77
1338 W Cullerton St3 bd 2 ba3BR,2BA$2.50
1752 W 18th Pl3 Bedrooms3BR,2BA$2.50
HIGHPOINT West Loop2 Bed 2 Bath2BR,2BA$2.25
2742 W Polk St, Unit G2742 W Polk St2BR,1BA$1.42
Letterman ChicagoBetty - 3x23BR,2BA$1.33
Harris Point Chicago905 S Claremont Apt. GR1BR,1BA$2.06
1162 - 1168 N La Salle Blvd1 Bed 1 Bath1BR,1BA$2.39

Frequently Asked Questions about Near West Side

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

There are currently 138 Apartments for Rent in Near West Side, IL with pricing that ranges from $1,075 to $22,186. There are also 76 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near West Side ranging from $1,600 to $4,600.

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 $1,600 to $4,600 with an average monthly rent of $2,539.

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 $1,075 to $7,938, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $4,600. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $1,109.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.