Cheap Apartments for Rent in the North Lakefront Neighborhood of Chicago, IL from $400 (531 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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3510 N. Pine Grove
$1,215 - $2,800
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$1,215 - $2,800
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Studio to 2 Bedroom Apartments Available Sep 1

3510 N. Pine Grove

3510 N Pine Grove AveChicago, IL 60657
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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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544 W. Melrose
$1,260 - $2,103
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$1,260 - $2,103
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Studio to 1 Bedroom Apartments Available Aug 1

544 W. Melrose

544 W Melrose StChicago, IL 60657
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1940 N. Lincoln
$1,264 - $1,905
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$1,264 - $1,905
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Studio to 1 Bedroom Apartments Available Aug 1

1940 N. Lincoln

1940 N Lincoln AveChicago, IL 60614
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632 W. Addison
$1,274 - $2,902
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$1,274 - $2,902
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Studio to 2 Bedroom Apartments Available Aug 1

632 W. Addison

632-644 W Addison StChicago, IL 60613
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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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245 W North Ave, Unit 108
$1,295
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$1,295
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$1,295
Studio Apartment Available Jul 15

245 W North Ave, Unit 108

245 W North AveChicago, IL 60610
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4546 N Malden St, Unit #106
$1,295
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$1,295
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$1,295
Studio Apartment Available Now

4546 N Malden St, Unit #106

4546 N Malden StChicago, IL 60640
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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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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
3935 W DiverseySTUDIOStudio,1BA$1,190
Wilson Uptown LLCStudioStudio,1BA$1,195
3734 W. Diversey Ave.StudioStudio,1BA$1,199
3838 N. BroadwayStudioStudio,1BA$1,215
Stephen's Commons- Senior Living-Age 62+Studio (60% AMI)Studio,1BA$1,225

Best Value Apartments for Rent in North Lakefront, IL

As of July 14, 2026 the best value apartment in the North Lakefront area is the $0.18 price per square foot 3600 W Sunnyside Ave Model at 3600 W Sunnyside Ave, Unit 2 in the in the Albany Park neighborhood starting from $1,775. The second greatest value North Lakefront apartment is the 3049 N Clybourn Ave Model at 3049 N Clybourn Ave, Unit #1 starting at $4,800 with a $0.48 price per square foot in the Avondale 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.
3600 W Sunnyside Ave, Unit 23600 W Sunnyside Ave2BR,1BA$0.18
3049 N Clybourn Ave, Unit #13049 N Clybourn Ave4BR,2.5BA$0.48
3049 N Clybourn Ave, Unit # 013049 N Clybourn Ave4BR,2.5BA$0.49
1507 W Barry Ave, Unit # 021507 W Barry Ave1BR,1BA$0.24
1338 W Winona St, Unit 31338 W Winona St3BR,1BA$1.30
3022 N Avers Ave, Unit 1A3022 N Avers Ave3BR,3BA$1.25
2117 N Humboldt Blvd, Unit Garden2117 N Humboldt Blvd2BR,1.5BA$1.25
4527 N Christiana Ave, Unit BSMT4527 N Christiana Ave3BR,1BA$1.38
1740 N Spaulding Ave, Unit 21740 N Spaulding Ave2BR,1BA$1.33
2533 W Cortez St, Unit Dan's Unit2533 W Cortez St2BR,1.5BA$1.23

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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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 $1,225.

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 $5,750.

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 20 regular apartments in North Lakefront that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

Written by: Robin Stewart

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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.