Cheap Apartments for Rent in the North Lakefront Neighborhood of Chicago, IL from $400 (677 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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

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Wyndham Apartments
Rent Specials
$1,212 - $2,084
Total Monthly Price

Total Monthly Price

Base Rent
$1,162 - $2,034
Required Monthly Fees
$50
Total Monthly Price
$1,212 - $2,084
Studio to 2 Bedroom Apartments Available Now

Wyndham Apartments

5240 N Sheridan RdChicago, IL 60640
Affordability
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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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1700 N Humboldt Blvd, Unit S
$1,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250
Studio Apartment Available Now

1700 N Humboldt Blvd, Unit S

1700 N Humboldt BlvdChicago, IL 60647
Affordability
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1820 N Humboldt Blvd, Unit S
$1,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250
Studio Apartment Available Now

1820 N Humboldt Blvd, Unit S

1820 N Humboldt BlvdChicago, IL 60647
Affordability
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1746 N Humboldt Blvd, Unit S
$1,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250
Studio Apartment Available Now

1746 N Humboldt Blvd, Unit S

1746 N Humboldt BlvdChicago, IL 60647
Affordability
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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.

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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 The Annabelle Apartments priced from $900. 1807-09 N. Lincoln Park West has the second lowest priced unit, which is a Studio apartment currently listed from $975. Here are the most affordable North Lakefront apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
The Annabelle ApartmentsStudio Floor Plan S3Studio,1BA$900
1807-09 N. Lincoln Park WestStudioStudio,1BA$975
3957 W Irving Park RdStudioStudio,1BA$995
The EdisonStudio | 1 bath - EFFRStudio,1BA$1,041
4735 BeaconStudioStudio,1BA$1,050
Sheridan Park LLCStudio in UptownStudio,1BA$1,095

Best Value Apartments for Rent in North Lakefront, IL

As of February 13, 2026 the best value apartment in the North Lakefront area is the $0.22 price per square foot 915 W Waveland Ave Model at 915 W Waveland Ave, Unit #923-3B in the in the Lakeview neighborhood starting from $2,245. The second greatest value North Lakefront apartment is the 2201 W Cortez St Model at 2201 W Cortez St, Unit Top Floor starting at $2,595 with a $1.18 price per square foot in the West Park 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.
915 W Waveland Ave, Unit #923-3B915 W Waveland Ave1BR,1BA$0.22
2201 W Cortez St, Unit Top Floor2201 W Cortez St1BR,1BA$1.18
Riverview Terrace26092BR,2BA$1.25
2703 W Haddon Ave, Unit 12703 W Haddon Ave3BR,2BA$1.32
4215 N Francisco Ave, Unit 24215 N Francisco Ave3BR,2BA$1.39
3607 N Damen Ave, Unit 1R3607 N Damen Ave1BR,1.5BA$1.21
5024 N Ridgeway Ave, Unit 15024 N Ridgeway Ave3BR,1.5BA$1.28
5351 N Kimball Ave, Unit #25351 N Kimball Ave3BR,2BA$1.26
4737 N Saint Louis Ave, Unit 24737 N Saint Louis Ave3BR,1BA$1.42
3425 N Harding Ave, Unit Garden Apt in Avondale3425 N Harding Ave2BR,1BA$1.36

Don'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.

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Best 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

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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A 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

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Best Local Schools in
North Lakefront, Chicago, IL

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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 Maple which is listed at $1,230, while the average apartment in North Lakefront costs $31,947.

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 62 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 $281 which is $31,666 cheaper than the average rent for all rentals in North Lakefront.

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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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.