Cheap Apartments for Rent in the Northwest Chicago Neighborhood of Chicago, IL from $500 (1,015 Rentals)

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

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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 Studio unit found at Pine North priced from $765. Washington Plaza has the second lowest priced unit, which is a Studio apartment currently listed from $810. Here are the most affordable Northwest Chicago apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Pine North0BR/1.0BAStudio,1BA$765
Washington PlazaStudio ApartmentStudio,1BA$810
4114 W Washington BlvdStudio ApartmentStudio,1BA$840
7251-7259 LawrencestudioStudio,1BA$900
5957 W Madison StStudio ApartmentStudio,1BA$920
5001 W Adams StStudio ApartmentStudio,1BA$955
Ashland Avenue ApartmentsStudio AStudio,1BA$975

Best Value Apartments for Rent in Northwest Chicago, IL

As of July 02, 2025 the best value apartment in the Northwest Chicago area is the $0.28 price per square foot 2523 N California Ave Model at 2523 N California Ave, Unit # 02 in the in the Logan Square neighborhood starting from $2,750. The second greatest value Northwest Chicago apartment is the 4849 N Seeley Ave Model at 4849 N Seeley Ave, Unit # 02 starting at $3,450 with a $0.35 price per square foot in the Ravenswood 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.
2523 N California Ave, Unit # 022523 N California Ave2BR,1BA$0.28
4849 N Seeley Ave, Unit # 024849 N Seeley Ave3BR,1BA$0.35
7726 N Paulina St #1, Unit 27726 N Paulina St #13BR,2BA$1.14
4933 W Dakin St, Unit #24933 W Dakin St2BR,1BA$1.11
4340 W Maypole Ave, Unit Garden Unit4340 W Maypole Ave2BR,1BA$1.13
1544 W Glenlake Ave.2BR/2.0BA2BR,2BA$1.15
2007 N Lamon Ave, Unit 1N2007 N Lamon Ave2BR,1BA$1.20
3907 W Van Buren St, Unit 13907 W Van Buren St2BR,1BA$1.13
928 N Harding Ave, Unit 2 floor928 N Harding Ave2BR,1BA$1.15
902-910 N. Austin Blvd. and 4-10 Iowa St.4 Iowa L & 8 Iowa M1BR,1BA$1.19

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Northwest Chicago, Chicago, IL

Ranked #3

Among neighborhoods in Chicago, IL 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 the Cheapest Studio apartment in Northwest Chicago?

Currently the most affordable Cheap Studio Apartment in Northwest Chicago is at Pine North listed at $765.

How much is rent for a Cheap One Bedroom Northwest Chicago Apartment?

The lowest price for a Cheap One Bedroom Northwest Chicago Apartment is $1,025 at 5957 W Madison St.

What is the lowest price for a Cheap Two Bedroom Northwest Chicago Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Northwest Chicago is starting from $1,045 at 5201 W Washington Blvd (old).

What is the most affordable Northwest Chicago Three Bedroom Apartment?

The best deal on a cheap Northwest Chicago Three Bedroom Apartment rental is at 5100-04 W Madison St and starts from $1,345.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.