
Cheap Apartments for Rent in the Northalsted Neighborhood of Chicago, IL from $500 (265 Rentals)
Search the lowest-cost Apartments available for rent right now in the Northalsted area of Chicago.


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3510 N. Pine Grove

3838 N. Broadway

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3824 N Fremont, Unit A07C

1409 W Diversey Pkwy

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544 W. Melrose

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632 W. Addison

Parkway Apartments

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3826 N Fremont St, Unit 311

948 W Cuyler Ave, Unit 314
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

3831 N Fremont St, Unit 411

Annabelle LLC

4031 N Kenmore Apartments

534 W. Wellington Ave

Times Square Apartments

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545 W Belmont Ave, Unit K06J

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3817 N Fremont St, Unit #507

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717 W Belmont Ave, Unit A09C

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501 W Belmont Ave, Unit 5F

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501 W Belmont Ave, Unit #6K
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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503 W Belmont Ave, Unit 4G

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1049 W. Oakdale

641 W. Aldine

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517 W Belmont Ave, Unit J02W

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515 W. Briar

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727 W Belmont Ave, Unit #511

434 Wellington

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701 W Belmont Ave, Unit #407

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737 W Belmont Ave, Unit 3

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643 W Belmont Ave, Unit K06J
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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727 W Belmont Ave, Unit J02W

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1110 W George St, Unit 005

948 W Cuyler Ave, Unit 115

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603 W Wellington Ave, Unit #207

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1100 W George St, Unit #107

Dakin Court - 910 W Dakin St

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441 W. Barry

520-28 W. Surf St.

644 W. Surf

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515 W Belmont Ave
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.

721 W. Belmont

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618 W Patterson, Unit 508

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645 W Barry Ave, Unit A01C

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2825 N Burling St, Unit #104

620 W. Belmont

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430-446 W. Diversey

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928 W Dakin St, Unit 308

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845 W Wolfram St, Unit #405

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510 W Briar Pl

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524 W Briar Pl, Unit #102
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.
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 | $1,720 | $1,155 | $3,515 |
| Northalsted 1 Bedroom Apartments | $2,241 | $1,311 | $4,724 |
| Northalsted 2 Bedroom Apartments | $3,227 | $1,915 | $5,550 |
| Northalsted 3 Bedroom Apartments | $4,271 | $2,350 | $6,763 |
| Northalsted 4 Bedroom Apartments | $5,427 | $4,095 | $7,200 |
| Northalsted 5 Bedroom Apartments | $5,431 | $4,500 | $6,100 |
Browse Apartments in this Neighborhood
There are currently 265 rentals with your search options within a 1 mile radius of the Northalsted Neighborhood of Chicago, IL.
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Northalsted, Chicago, IL Local Guide
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Cheapest Available Northalsted Apartments for Rent
 The cheapest available apartment rental in the Northalsted area of Chicago, IL is a Studio unit found at 424 W. Diversey priced from $1,155. 3838 N. Broadway has the second lowest priced unit, which is a Studio apartment currently listed from $1,215. Here are the most affordable Northalsted apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 424 W. Diversey | Studio | Studio,1BA | $1,155 |
| 3838 N. Broadway | Studio | Studio,1BA | $1,215 |
| Parkway Apartments | Studio - Tier 9 | Studio,1BA | $1,279 |
| 534 W. Wellington Ave | Studio | Studio,1BA | $1,300 |
| 4031 N Kenmore Apartments | Kenmore Studio - 4031 | Studio,1BA | $1,300 |
| 641 W. Aldine | Studio | Studio,1BA | $1,355 |
| 520-28 W. Surf St. | 526 Studio | Studio,1BA | $1,415 |
| 644 W. Surf | 0BR/1.0BA | Studio,1BA | $1,425 |
Best Value Apartments for Rent in Northalsted, IL
As of July 20, 2026 the best value apartment in the Northalsted area is the $0.24 price per square foot 1507 W Barry Ave Model at 1507 W Barry Ave, Unit # 02 in the in the Lakeview neighborhood starting from $2,350. The second greatest value Northalsted apartment is the 1142 W Wolfram St Model at 1142 W Wolfram St, Unit 2 starting at $4,500 with a $1.88 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. |
|---|---|---|---|
| 1507 W Barry Ave, Unit # 02 | 1507 W Barry Ave | 1BR,1BA | $0.24 |
| 1142 W Wolfram St, Unit 2 | 1142 W Wolfram St | 4BR,2BA | $1.88 |
| 1456 W Irving Park Rd, Unit 1 | 1456 W Irving Park Rd | 4BR,2BA | $1.85 |
| 1456 W Irving Park Rd, Unit # 01 | 1456 W Irving Park Rd | 4BR,2BA | $1.85 |
| Clark Apartments | 3 Bedroom / 2.5 Bathroom | 3BR,2.5BA | $2.20 |
| 4318 N Sheridan Rd, Unit 2 | 4318 N Sheridan Rd | 2BR,2BA | $1.75 |
| 652 W Gordon Ter, Unit 1E | 652 W Gordon Ter | 2BR,2BA | $2.20 |
| 433 W Roscoe St, Unit 406 | 433 W Roscoe St | 1BR,1BA | $2.10 |
| 1233 W Newport Ave, Unit Garden | 1233 W Newport Ave | 1BR,1BA | $2.17 |
| 618 W Patterson, Unit 508 | 618 W Patterson | Studio ,1BA | $2.04 |
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 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 ArticleReal 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.
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 #5
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 424 W. Diversey listed at $1,155.
How much is rent for a Cheap One Bedroom Northalsted Apartment?
The lowest price for a Cheap One Bedroom Northalsted Apartment is $1,331 at Parkway 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 $2,430 at Sheridan Shores.
What is the most affordable Northalsted Three Bedroom Apartment?
The best deal on a cheap Northalsted Three Bedroom Apartment rental is at 4100 N. Marine Dr. and starts from $3,295.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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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.

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.