Cheap Apartments for Rent in the North Lakefront Neighborhood of Chicago, IL from $400 (695 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

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.

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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.

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

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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property at 1504 W Haddon Ave

1504 W Haddon Ave

ChicagoIL60642

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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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.

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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. 1807-09 N. Lincoln Park West has the second lowest priced unit, which is a Studio apartment currently listed from $825. 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
1807-09 N. Lincoln Park WestStudioStudio,1BA$825
3957 W Irving Park RdStudioStudio,1BA$995
640 BriarStudioStudio,1BA$1,000
4735 BeaconStudioStudio,1BA$1,050

Best Value Apartments for Rent in North Lakefront, IL

As of December 11, 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 1435 N Dearborn St Model at 1435 N Dearborn St, Unit B4 starting at $1,895 with a $0.19 price per square foot in the Magnificent Mile 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
1435 N Dearborn St, Unit B41435 N Dearborn St1BR,1BA$0.19
723 W Barry Ave, Unit 1723 W Barry Ave1BR,1BA$0.20
3134 W Carroll Ave, Unit 23134 W Carroll Ave6BR,2BA$0.48
3409 W Fullerton Ave, Unit #3401-23409 W Fullerton Ave2BR,2BA$0.28
3409 W Fullerton Ave, Unit 3401-23409 W Fullerton Ave2BR,2BA$0.28
4128 N Lincoln Ave, Unit #2R4128 N Lincoln Ave2BR,1BA$0.19
1915 N Karlov Ave, Unit #21915 N Karlov Ave2BR,1BA$1.10
2043 N Avers Ave, Unit J06P2043 N Avers Ave2BR,1BA$1.17
2043 N Avers Ave, Unit G2043 N Avers Ave2BR,1BA$1.17

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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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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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.

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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 $1,050.

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

The cheapest apartment in North Lakefront is 3935 W Diversey which is listed at $1,186, while the average apartment in North Lakefront costs $31,670.

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 77 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 $212 which is $31,458 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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.