Cheap Apartments for Rent in the Northwest Chicago Neighborhood of Chicago, IL from $500 (983 Rentals)

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

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.

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1442 W Howard St, Unit 18
$1,050
Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050
Studio Apartment Available Now

1442 W Howard St, Unit 18

1442 W Howard StChicago, IL 60626
Affordability
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3148 N Linder Ave, Unit 2
$1,100
Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100
Studio Apartment Available Aug 1

3148 N Linder Ave, Unit 2

3148 N Linder AveChicago, IL 60641
Affordability

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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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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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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property at 3151 N Long Ave

$1,250 - $1,300

1 Bedroom Rentals

Available Aug 1

3151 N Long Ave

ChicagoIL60641

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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Northwest Chicago, Chicago, IL Local Guide

Cheapest Available Northwest Chicago Apartments for Rent

 

The cheapest available apartment rental in the Northwest Chicago area of Chicago, IL is a 3 Beds unit found at West Haven Park II - B priced from $192. Westhaven Park II - A has the second lowest priced unit, which is a 4 Beds apartment currently listed from $239. Here are the most affordable Northwest Chicago apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
West Haven Park II - B3 Bedroom3BR,1BA$192
Westhaven Park II - A4 Bedroom4BR,2BA$239
Westhaven Park II - C3 Bedroom3BR,1BA$268
Washington PlazaStudio ApartmentStudio,1BA$890
5836 W MadisonStudio ApartmentStudio,1BA$895
7251-7259 LawrenceNo Vacancy1BR,1BA$900
5957 W MadisonStudio ApartmentStudio,1BA$915
3957 W Irving Park RdStudioStudio,1BA$1,025

Best Value Apartments for Rent in Northwest Chicago, IL

As of July 19, 2026 the best value apartment in the Northwest Chicago 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 Northwest Chicago apartment is the 1507 W Barry Ave Model at 1507 W Barry Ave, Unit # 02 starting at $2,350 with a $0.24 price per square foot in the Lakeview neighborhood. Here is today’s list of the best values for Northwest Chicago 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
1507 W Barry Ave, Unit # 021507 W Barry Ave1BR,1BA$0.24
1758 W Montrose Ave, Unit 1E1758 W Montrose Ave2BR,2BA$0.34
2020 N Hoyne Ave, Unit R22020 N Hoyne Ave2BR,1BA$0.35
4003 W Adams St4003 W Adams St2BR,1BA$0.56
Westhaven Park II - A3 Bedroom3BR,1BA$0.15
6208 W Wrightwood Ave, Unit Large studio6208 W Wrightwood AveStudio ,1BA$1.07
5642 W Newport Ave, Unit 3rd Floor5642 W Newport Ave1BR,1BA$1.04
7251-7259 LawrenceNo Vacancy1BR,1BA$0.82
Westhaven Park II - C1 Bedroom1BR,1BA$0.94

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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Pet Friendly Lifestyle
Northwest Chicago, Chicago, IL

Ranked #3

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Northwest Chicago, Chicago, IL

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Northwestern 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 easy access to the parks, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Northwest Chicago Apartments

What is a cheap apartment in Northwest Chicago?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Northwest Chicago is under $1,025.

What is the price of a cheap apartment in Northwest Chicago?

The cheapest apartment in Northwest Chicago is West Haven Park II - B which is listed at $660, while the average apartment in Northwest Chicago costs $4,000.

What types of apartments are the cheapest in Northwest Chicago?

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 21 regular apartments in Northwest Chicago that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Northwest Chicago?

Cheap apartments in Northwest Chicago have an average cost of $145 which is $3,855 cheaper than the average rent for all rentals in Northwest Chicago.

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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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.

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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.