Cheap Apartments for Rent in the North Lakefront Neighborhood of Chicago, IL from $400 (625 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the North Lakefront area of Chicago.

Showing Results 1-50, Page 1 of 13

North Lakefront, Chicago, IL Local Guide

Cheapest Available North Lakefront Apartments for Rent

 

The cheapest available apartment rental in the North Lakefront area of Chicago, IL is a Studio unit found at Ashland Avenue Apartments priced from $975. 3957 W Irving Park Rd has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable North Lakefront apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Ashland Avenue ApartmentsStudio AStudio,1BA$975
3957 W Irving Park RdStudioStudio,1BA$995
3600 W Franklin Blvd1 Bedroom 1 Bathroom Apartment1BR,1BA$1,030
3834 N SheffieldStudioStudio,1BA$1,095
721 W. BelmontStudioStudio,1BA$1,095
424 W. DiverseyStudioStudio,1BA$1,095
3838 N. BroadwayStudioStudio,1BA$1,095

Best Value Apartments for Rent in North Lakefront, IL

As of June 29, 2025 the best value apartment in the North Lakefront area is the $0.18 price per square foot 953 W Cornelia Ave Model at 953 W Cornelia Ave, Unit # 03D in the in the Lakeview neighborhood starting from $1,825. The second greatest value North Lakefront apartment is the 1244 W Huron St Model at 1244 W Huron St, Unit # 01 starting at $3,995 with a $0.40 price per square foot in the West Town neighborhood. Here is today’s list of the best values for North Lakefront apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
953 W Cornelia Ave, Unit # 03D953 W Cornelia Ave1BR,1BA$0.18
1244 W Huron St, Unit # 011244 W Huron St3BR,2BA$0.40
1229 W Barry Ave, Unit George1229 W Barry Ave2BR,2BA$0.43
2249 W Iowa St, Unit 1F2249 W Iowa St5BR,2BA$1.44
4625 N Dover St, Unit G4625 N Dover St2BR,2BA$1.25
2642 W Farragut Ave, Unit 12642 W Farragut Ave3BR,2BA$1.36
1130 N Ridgeway Ave, Unit Two South1130 N Ridgeway Ave3BR,2BA$1.33
Post Chicago Apartments4 Bed 3 Bath4BR,3BA$0.96
928 N Harding Ave, Unit 2 floor928 N Harding Ave2BR,1BA$1.15
4730 N Spaulding Ave, Unit #2W4730 N Spaulding Ave2BR,1BA$1.40

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
North Lakefront, Chicago, IL

Ranked #1

Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
North Lakefront, Chicago, IL

School data provided by Great Schools

Lifestyle Ratings

This website is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Illinois and customized analysis for North Chicago, IL. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, apartment complexes for the kids, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap North Lakefront Apartments

What is a cheap apartment in North Lakefront?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Lakefront is under $1,095.

What is the price of a cheap apartment in North Lakefront?

The cheapest apartment in North Lakefront is 3600 W Franklin Blvd which is listed at $1,030, while the average apartment in North Lakefront costs $6,995.

What types of apartments are the cheapest in North Lakefront?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 80 regular apartments in North Lakefront that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in North Lakefront?

Cheap apartments in North Lakefront have an average cost of $257 which is $6,738 cheaper than the average rent for all rentals in North Lakefront.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.