Cheap Apartments for Rent in the North Lakefront Neighborhood of Chicago, IL from $460 (508 Rentals)

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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

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544 W. Melrose
$1,260 - $2,192
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$1,260 - $2,192
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Studio to 1 Bedroom Apartments Available Now

544 W. Melrose

544 W Melrose StChicago, IL 60657
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632 W. Addison
$1,274 - $3,047
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$1,274 - $3,047
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Studio to 2 Bedroom Apartments Available Now

632 W. Addison

632-644 W Addison StChicago, IL 60613
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Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 3957 W Irving Park Rd priced from $1,025. The Onyx on Carmen has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here are the most affordable North Lakefront apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
3957 W Irving Park RdStudioStudio,1BA$1,025
The Onyx on CarmenUpgraded Studio ApartmentStudio,1BA$1,150
424 W. DiverseyStudioStudio,1BA$1,155

Best Value Apartments for Rent in North Lakefront, IL

As of August 31, 2026 the best value apartment in the North Lakefront area is the $0.33 price per square foot 1946 W Nelson St Model at 1946 W Nelson St, Unit # 01E in the in the Roscoe Village neighborhood starting from $3,250. The second greatest value North Lakefront apartment is the 1459 N Milwaukee Ave Model at 1459 N Milwaukee Ave, Unit 2A starting at $3,300 with a $0.33 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.
1946 W Nelson St, Unit # 01E1946 W Nelson St3BR,1.5BA$0.33
1459 N Milwaukee Ave, Unit 2A1459 N Milwaukee Ave2BR,2BA$0.33
2807 W Lawrence Ave, Unit D1N2807 W Lawrence Ave5BR,2BA$1.44
3022 N Avers Ave, Unit 1A3022 N Avers Ave3BR,3BA$1.25
4019 N Mozart St2 Beds, 1 Baths2BR,1BA$1.57
1448 N Central Park Ave, Unit J07P1448 N Central Park Ave2BR,1BA$1.69
4830 N Saint Louis Ave, Unit #24830 N Saint Louis Ave2BR,1BA$1.67
2939 N Fairfield Ave, Unit 1A2939 N Fairfield Ave1BR,1BA$1.59
3446 W Beach Ave, Unit Apartment for rent near 2 parks3446 W Beach Ave1BR,1BA$1.10
1150 N Springfield Ave, Unit 21150 N Springfield Ave3BR,1BA$1.71

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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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 the Cheapest Studio apartment in North Lakefront?

Currently the most affordable Cheap Studio Apartment in North Lakefront is at 3957 W Irving Park Rd listed at $1,025.

How much is rent for a Cheap One Bedroom North Lakefront Apartment?

The lowest price for a Cheap One Bedroom North Lakefront Apartment is $1,230 at Maple.

What is the lowest price for a Cheap Two Bedroom North Lakefront Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in North Lakefront is starting from $1,650 at 4016-4024 W Cortland St.

What is the most affordable North Lakefront Three Bedroom Apartment?

The best deal on a cheap North Lakefront Three Bedroom Apartment rental is at Boulevard Properties - 3225 and starts from $1,900.

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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The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Written by: Nicole Harms

When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

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Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Written by: Nicole Harms

I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

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Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

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Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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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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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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Rent According to Income: A Look at Income-Restricted Rentals

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.