
Cheap Apartments for Rent in the North Park Neighborhood of Chicago, IL from $600 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Park area of Chicago.


3055 W Argyle St

5054 N Ridgeway Ave

5817 N St Louis Ave, Unit R2

5028 N Springfield Ave, Unit 3W
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.

4922 N Kedzie Ave, Unit 2W, Unit 2W

4929 N Whipple St, Unit unit 37 1e

4929 N Whipple St, Unit 37-2W

4929 N Whipple St, Unit 31-3W

4929 N Whipple St, Unit 37-3W
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.

4988 N Elston Ave

5651 N Christiana Ave

Kimball 5324 N

North Park Village Apts - 62+

Kimball Terrace
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.

5047-49 N. Central Park

3216-3218 W Olive Ave
North Park, Chicago, IL Local Guide

How much does it cost to rent an apartment in North Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Park Studio Apartments | $1,175 | $1,050 | $1,300 |
| North Park 1 Bedroom Apartments | $1,400 | $1,400 | $1,400 |
| North Park 2 Bedroom Apartments | $2,054 | $1,400 | $2,550 |
| North Park 3 Bedroom Apartments | $2,475 | $2,100 | $2,850 |
| North Park 4 Bedroom Apartments | $3,345 | $3,345 | $3,345 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the North Park Neighborhood of Chicago, IL.
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Cheapest Available North Park Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 5054 N Ridgeway Ave | 2 br | 2BR,1BA | $1,400 |
| 5459 N Spaulding | 3/1 | 3BR,1BA | $1,995 |
Best Value Apartments for Rent in North Park, IL
As of May 21, 2026 the best value apartment in the North Park area is the $2.00 price per square foot 3/1 Model at 5459 N Spaulding in the in the North Park neighborhood starting from $1,995. The second greatest value North Park apartment is the 4946 N Ridgeway Ave Model at 4946 N Ridgeway Ave starting at $2,550 with a $2.55 price per square foot in the North Park neighborhood. Here is today’s list of the best values for North Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5459 N Spaulding | 3/1 | 3BR,1BA | $2.00 |
| 4946 N Ridgeway Ave | 4946 N Ridgeway Ave | 2BR,2BA | $2.55 |
| 5054 N Ridgeway Ave | 1 br | 1BR,1BA | $1.87 |
Frequently Asked Questions about Cheap North Park Apartments
What is the lowest price for a Cheap Two Bedroom North Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in North Park is starting from $1,400 at 5054 N Ridgeway Ave.
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.
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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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Articles, How-To's, and Tips

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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Maximizing Your Refund: Essential Tax Tips for Renters
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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.