Cheap Apartments for Rent in the North Park Neighborhood of Chicago, IL from $600 (17 Rentals)

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

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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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5651 N Christiana Ave
Studio to 2 Bedroom Apartments

5651 N Christiana Ave

5651 N Christiana AveChicago, IL 60659
  • Utilities Included
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Kimball 5324 N
1 to 2 Bedroom Apartments

Kimball 5324 N

5324-5326 N Kimball AveChicago, IL 60625
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Kimball Terrace
1 Bedroom Apartments

Kimball Terrace

5430 N Kimball AveChicago, IL 60625
  • Utilities Included

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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3216-3218 W Olive Ave
1 to 2 Bedroom Apartments

3216-3218 W Olive Ave

3216-3218 W Olive AveChicago, IL 60659
  • Utilities Included

Cheapest Available North Park Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
5054 N Ridgeway Ave2 br2BR,1BA$1,400
5459 N Spaulding3/13BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
5459 N Spaulding3/13BR,1BA$2.00
4946 N Ridgeway Ave4946 N Ridgeway Ave2BR,2BA$2.55
5054 N Ridgeway Ave1 br1BR,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.

Helpful Local Expert Guides

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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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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

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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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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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Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

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.