Cheap Apartments for Rent in the North Lakefront Neighborhood of Chicago, IL from $400 (798 Rentals)

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

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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 3 Beds unit found at 10k sqft LiveWork Space w Green/White Screen priced from $788. 424 W. Diversey has the second lowest priced unit, which is a Studio apartment currently listed from $1,025. Here are the most affordable North Lakefront apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
10k sqft LiveWork Space w Green/White ScreenManhattan Style Loft3BR,2BA$788
424 W. DiverseyStudioStudio,1BA$1,025
3838 N. BroadwayStudioStudio,1BA$1,095
640 BriarStudioStudio,1BA$1,095
The Onyx on SheridanUpgraded Studio ApartmentStudio,1BA$1,100
1338 W ArgyleBILLY ANDERSONStudio,1BA$1,124
The Annabelle ApartmentsStudio Floor Plan S1Studio,1BA$1,143

Best Value Apartments for Rent in North Lakefront, IL

As of September 13, 2025 the best value apartment in the North Lakefront area is the $0.08 price per square foot Manhattan Style Loft Model at 10k sqft LiveWork Space w Green/White Screen in the in the East Garfield Park neighborhood starting from $788. The second greatest value North Lakefront apartment is the 2122 W Ainslie St Model at 2122 W Ainslie St, Unit 2 starting at $1,595 with a $0.16 price per square foot in the Ravenswood 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.
10k sqft LiveWork Space w Green/White ScreenManhattan Style Loft3BR,2BA$0.08
2122 W Ainslie St, Unit 22122 W Ainslie StStudio ,1BA$0.16
2516 N Lincoln Ave, Unit # 032516 N Lincoln Ave1BR,1BA$0.18
3407 W Fullerton Ave, Unit # 03D3407 W Fullerton Ave1BR,1BA$0.20
2519 W North Ave, Unit # 03F2519 W North Ave1BR,1BA$0.21
2524 N Kedzie Blvd, Unit # 03E2524 N Kedzie Blvd1BR,1BA$0.21
3905 W Schubert Ave, Unit # 013905 W Schubert Ave3BR,1BA$0.22
1450 W Byron St, Unit # 011450 W Byron St2BR,1BA$0.27
3852 N Southport Ave, Unit # 023852 N Southport Ave2BR,1BA$0.28
4849 N Seeley Ave, Unit # 024849 N Seeley Ave3BR,1BA$0.33

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Pet Friendly Lifestyle
North Lakefront, Chicago, IL

Ranked #1

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,143.

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 $33,197.

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 $418 which is $32,779 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.

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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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.