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Studio to 2 Bedroom Apartments
5935 N Northwest Hwy
5935 N Northwest HwyChicago, IL 60631
Cheap Apartments for Rent in the Norwood Park Neighborhood of Chicago, IL from $700 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Norwood Park area of Chicago.
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Studio Apartments
6173-6179 N Northwest Hwy
6173-6179 N Northwest HwyChicago, IL 60631
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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2 Bedroom Apartments
7225-7229 W Higgins Ave
7225-7229 W Higgins AveChicago, IL 60656
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Rent Specials
$1,167 - $1,580Studio to 2 Bedroom Apartments Available Feb 11
Mont Clare
7171 W Gunnison StHarwood Heights, IL 60706
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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Norwood Park, Chicago, IL Local Guide
How much does it cost to rent an apartment in Norwood Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Norwood Park Studio Apartments | $1,385 | $1,385 | $1,385 |
| Norwood Park 1 Bedroom Apartments | $1,465 | $1,350 | $1,580 |
| Norwood Park 2 Bedroom Apartments | $1,917 | $1,595 | $2,400 |
| Norwood Park 3 Bedroom Apartments | $2,116 | $1,950 | $2,250 |
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Norwood Park Neighborhood of Chicago, IL.
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Best Value Apartments for Rent in Norwood Park, IL
As of January 19, 2026 the best value apartment in the Norwood Park area is the $1.63 price per square foot 5850 N Mulligan Ave Model at 5850 N Mulligan Ave, Unit 1 in the in the Norwood Park neighborhood starting from $1,950. The second greatest value Norwood Park apartment is the 6331 W Devon Ave Model at 6331 W Devon Ave, Unit 2F starting at $1,950 with a $1.95 price per square foot in the Norwood Park neighborhood. Here is today’s list of the best values for Norwood Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5850 N Mulligan Ave, Unit 1 | 5850 N Mulligan Ave | 3BR,1BA | $1.63 |
| 6331 W Devon Ave, Unit 2F | 6331 W Devon Ave | 2BR,1BA | $1.95 |
| 7600 W Lawrence Ave, Unit 2 | 7600 W Lawrence Ave | 2BR,1BA | $2.00 |
| 6904 W Gunnison St, Unit 1 | 6904 W Gunnison St | 2BR,1BA | $1.97 |
| 5639 Austin N Ave, Unit 1 | 5639 Austin N Ave | 2BR,1BA | $1.79 |
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
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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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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.
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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.
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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.
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Everything is a negotiation in real estate!