
Cheap Homes for Rent in Noble Square Neighborhood of Chicago, IL from $1,700 (92 Rentals)
Search the lowest-cost Homes available for rent right now in the Noble Square area of Chicago.


1515 N Fremont St, Unit SI FL6-ID328

1627 N Winchester Ave, Unit G

641 W Grand Ave, Unit S, Unit S

1515 N Fremont St, Unit SI FL8-ID1281

1627 N Winchester Ave, Unit 1

1549 W Chicago Ave

149 N Ashland Ave

610 W Kinzie St

1368 W Evergreen Ave, Unit 2M
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.

227 N Elizabeth St

1225 W Fulton Market

188 N Aberdeen St

1101 W Carroll Ave

1415 W Erie St

360 W Illinois St

734 N Morgan St

309 N Canal St

296 N Canal St

279 N Canal St
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.

740 N Aberdeen St, Unit 307

1227 W Ohio St, Unit G

200 N Jefferson St, Unit 21A, Unit 21A

300 N Union Ave

1254 N Bosworth Ave, Unit 2R

833 W Grand Ave

851 W Grand Ave, Unit 102

842 W Grand Ave

460 W Chicago Ave, Unit SI FL15-ID1351

800 N Cleveland Ave
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.

341 W Kinzie St

1611 W Division St, Unit 118

846 W Blackhawk St

400 W Ontario St

1433 N Cleaver St, Unit 2F, Unit 2F

187 N Desplaines St

1299 W Fulton Market

830 N Milwaukee Ave

585 W Kinzie St, Unit 585 W Kinzie

827 N Milwaukee Ave
Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

830 N Milwaukee Ave, Unit 502

732 W Blackhawk St

359 W Chicago Ave

1647 W North Ave, Unit 03, Unit 03

1480 N Dayton St

312 N Canal St

830 N Milwaukee Ave

830 N Milwaukee Ave, Unit 504

1411 W Erie St, Unit 3F, Unit 3F

550 N Kingsbury St, Unit 1108, Unit 1108
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Noble Square, Chicago, IL Local Guide

How much does it cost to rent a home in Noble Square?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Noble Square 2 Bedroom Homes for Rent | $3,701 | $2,390 | $8,545 |
| Noble Square 3 Bedroom Homes for Rent | $4,538 | $2,095 | $8,000 |
| Noble Square 4 Bedroom Homes for Rent | $9,480 | $3,000 | $10,000+ |
| Noble Square 5 Bedroom Homes for Rent | $9,250 | $8,500 | $10,000+ |
| Noble Square 6 Bedroom Homes for Rent | $20,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 92 rentals with your search options within a 1 mile radius of the Noble Square Neighborhood of Chicago, IL.
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Noble Square, Chicago, IL Local Guide
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Cheapest Available Noble Square Apartments for Rent
 The cheapest available apartment rental in the Noble Square area of Chicago, IL is a Studio unit found at The Elizabeth Chicago priced from $2,075. Reside on Green Street has the second lowest priced unit, which is a Studio apartment currently listed from $2,108. Here are the most affordable Noble Square apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Elizabeth Chicago | 12 - Studio/1bath | Studio,1BA | $2,075 |
| Reside on Green Street | S6 - 504 | Studio,1BA | $2,108 |
| K2 Apartments | Unit 07 | Studio,1BA | $2,122 |
| Nevele22 - 1122 W Chicago | S11 | Studio,1BA | $2,175 |
| Stead 220 Chicago | Large Studio - Unit 13 | Studio,1BA | $2,175 |
| Aberdeen Crossing | Tier 03 - Studio | Studio,1BA | $2,192 |
Best Value Apartments for Rent in Noble Square, IL
As of April 28, 2026 the best value apartment in the Noble Square area is the $1.80 price per square foot 1224 W Augusta Blvd Model at 1224 W Augusta Blvd, Unit 4 in the in the West Loop neighborhood starting from $4,495. The second greatest value Noble Square apartment is the 1349 N Noble St Model at 1349 N Noble St, Unit 3 starting at $4,150 with a $1.98 price per square foot in the Noble Square neighborhood. Here is today’s list of the best values for Noble Square apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1224 W Augusta Blvd, Unit 4 | 1224 W Augusta Blvd | 2BR,2BA | $1.80 |
| 1349 N Noble St, Unit 3 | 1349 N Noble St | 3BR,2.5BA | $1.98 |
| 1720 W Beach Ave, Unit 2 | 1720 W Beach Ave | 4BR,2BA | $2.11 |
| 723 N Elizabeth St, Unit J07P | 723 N Elizabeth St | 4BR,1BA | $1.72 |
| 720 N Elizabeth St, Unit 2 | 720 N Elizabeth St | 4BR,1BA | $1.72 |
| 1013 N Winchester Ave | 1013 N Winchester Ave | 2BR,1BA | $1.92 |
| 858 N Paulina St | 858 N Paulina St | 2BR,2BA | $2.08 |
| 1411 W Erie St | 1411 W Erie St | 2BR,1BA | $2.00 |
| 1849 W Augusta Blvd | 1849 W Augusta Blvd | 2BR,1BA | $2.14 |
| 1809 W Wabansia Ave, Unit G | 1809 W Wabansia Ave | 2BR,1BA | $2.10 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleNoble Square, Chicago, IL
Ranked #21
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Noble Square
What type of rentals are currently available in Noble Square?
There are currently 932 Apartments for Rent in Noble Square, IL with pricing that ranges from $1,529 to $48,409. There are also 342 Single Family Homes for rent, Condos, and Townhome rentals currently available in Noble Square ranging from $1,750 to $20,000.
What is the current price range for Rental Homes in Noble Square?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Noble Square ranges from $1,750 to $20,000 with an average monthly rent of $7,420.
How much are larger Three and Four Bedroom Rentals in Noble Square?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Noble Square range from $2,700 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,095 to $8,000. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $1,529.
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

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.

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.

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.

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

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.

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.

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.

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.