
Cheap Apartments for Rent in the Northalsted Neighborhood of Chicago, IL from $500 (309 Rentals)
Search the lowest-cost Apartments available for rent right now in the Northalsted area of Chicago.


500 W. Belmont

424 W. Diversey

3836 N Fremont, Unit A07C

1409 W Diversey Pkwy

422-24 Melrose

744 W Belmont, Unit A00C

3835 N Fremont St, Unit A04C

4240 N Kenmore Ave, Unit 104

Parkway Apartments
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.

701 W Belmont Ave, Unit A06C

717 W Belmont Ave, Unit A09C

3824 N Fremont St, Unit A07C

503 W Belmont Ave, Unit 5i

3832 N Fremont, Unit A00C

3817 N Fremont St, Unit #111

625 W Cornelia, Unit #177

501 W Belmont Ave, Unit #2D

503 W Belmont Ave, Unit A03C

515 W Belmont Ave, Unit A09C
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.

2829 N Clark St, Unit #G

501 W Belmont Ave, Unit #505-6D

2903 N Clark St, Unit G

2825 N Burling St, Unit 04

717 W Belmont Ave, Unit 109

545 W Wellington, Unit A08C

739 W Belmont Ave, Unit 505

546 W Wellington Ave, Unit A02C

623 W Patterson Ave, Unit A07C

701 W Belmont Ave, Unit #310
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!

727 W Belmont Ave, Unit #505

2825 N Burling St, Unit #202

1100 W George St, Unit #205

2825 N Burling St, Unit 202

1044 W George St, Unit #1050-205

717 W Belmont Ave, Unit 507

750 W Cornelia Ave

501 W Belmont Ave, Unit A01C

534 W. Wellington Ave

Brand New Lakeview Apartments
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.

3835 N Fremont St, Unit 306

533 W Aldine, Unit A00C

515 W Melrose St, Unit A05C

618 W Patterson Ave, Unit 605

505 W Belmont Ave, Unit 3M

839 W Sheridan Rd

730 W Roscoe St, Unit A05C

1049 West Oakdale Apartments

822 W Waveland Ave, Unit 816-13

634 W Barry Ave, Unit 305
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Northalsted, Chicago, IL Local Guide

How much does it cost to rent an apartment in Northalsted?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Northalsted Studio Apartments | $1,545 | $1,030 | $2,727 |
| Northalsted 1 Bedroom Apartments | $2,098 | $1,275 | $3,736 |
| Northalsted 2 Bedroom Apartments | $2,871 | $1,554 | $5,447 |
| Northalsted 3 Bedroom Apartments | $3,943 | $1,995 | $10,000+ |
| Northalsted 4 Bedroom Apartments | $5,869 | $3,950 | $9,072 |
| Northalsted 5 Bedroom Apartments | $5,200 | $5,200 | $5,200 |
Browse Apartments in this Neighborhood
There are currently 309 rentals with your search options within a 1 mile radius of the Northalsted Neighborhood of Chicago, IL.
See all Apartments in ChicagoExplore Chicago
Northalsted, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Northalsted Apartments for Rent
 The cheapest available apartment rental in the Northalsted area of Chicago, IL is a Studio unit found at The Annabelle Apartments priced from $952. 3834 N Sheffield has the second lowest priced unit, which is a Studio apartment currently listed from $1,095. Here are the most affordable Northalsted apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Annabelle Apartments | Studio Floor Plan S3 | Studio,1BA | $952 |
| 3834 N Sheffield | Studio | Studio,1BA | $1,095 |
| 500 W. Belmont | Studio | Studio,1BA | $1,140 |
| 424 W. Diversey | Studio | Studio,1BA | $1,145 |
| 3838 N. Broadway | Studio | Studio,1BA | $1,195 |
| Parkway Apartments | Studio - Tier 13 | Studio,1BA | $1,210 |
Best Value Apartments for Rent in Northalsted, IL
As of January 19, 2026 the best value apartment in the Northalsted area is the $0.22 price per square foot 915 W Waveland Ave Model at 915 W Waveland Ave, Unit #923-3B in the in the Lakeview neighborhood starting from $2,245. The second greatest value Northalsted apartment is the 628 W Roscoe St Model at 628 W Roscoe St, Unit 628-1N starting at $2,450 with a $0.25 price per square foot in the Lakeview neighborhood. Here is today’s list of the best values for Northalsted apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 915 W Waveland Ave, Unit #923-3B | 915 W Waveland Ave | 1BR,1BA | $0.22 |
| 628 W Roscoe St, Unit 628-1N | 628 W Roscoe St | 2BR,1BA | $0.25 |
| 3229 N Kenmore Ave, Unit 3231-3 | 3229 N Kenmore Ave | 2BR,2BA | $0.45 |
| 4101 N Kenmore Ave, Unit R101 | 4101 N Kenmore Ave | 3BR,2BA | $1.66 |
| 1454 W School St, Unit A09C | 1454 W School St | 2BR,1BA | $1.71 |
| 3449 N Sheffield Ave, Unit GDN | 3449 N Sheffield Ave | 2BR,2BA | $1.91 |
| 3825 N Greenview Ave, Unit 2 | 3825 N Greenview Ave | 2BR,1BA | $2.04 |
| 533 W Roscoe St, Unit #410 | 533 W Roscoe St | 2BR,1BA | $2.10 |
| 1124 W Roscoe St, Unit G | 1124 W Roscoe St | 2BR,1BA | $2.00 |
| 4208 N Clark St, Unit 1 | 4208 N Clark St | 1BR,1BA | $2.05 |
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.
Read ArticleBest 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
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleA 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
Read ArticleQuick 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.
Pet Friendly LifestyleNorthalsted, Chicago, IL
Ranked #6
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Northalsted, Chicago, IL
Nettelhorst Elementary School
Lake View High School
Walt Disney Magnet School
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across Illinois, including Chicago. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and much more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Northalsted Apartments
What is the Cheapest Studio apartment in Northalsted?
Currently the most affordable Cheap Studio Apartment in Northalsted is at The Annabelle Apartments listed at $958.
How much is rent for a Cheap One Bedroom Northalsted Apartment?
The lowest price for a Cheap One Bedroom Northalsted Apartment is $1,302 at Times Square Apartments.
What is the lowest price for a Cheap Two Bedroom Northalsted Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Northalsted is starting from $1,564 at Times Square Apartments.
What is the most affordable Northalsted Three Bedroom Apartment?
The best deal on a cheap Northalsted Three Bedroom Apartment rental is at Buena Shores and starts from $2,160.
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

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.

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.

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.

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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!