Cheap Apartments for Rent in the Norwood Park Neighborhood of Chicago, IL from $700 (6 Rentals)

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

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5935 N Northwest Hwy
Studio to 2 Bedroom Apartments

5935 N Northwest Hwy

5935 N Northwest HwyChicago, IL 60631
  • Utilities Included

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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6173-6179 N Northwest Hwy
Studio Apartments

6173-6179 N Northwest Hwy

6173-6179 N Northwest HwyChicago, IL 60631
  • Utilities Included
  • Smoke Free

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.

Norwood Park, Chicago, IL Local Guide

Cheapest Available Norwood Park Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Mont ClareS3Studio,1BA$1,300
7005 W Gunnison St1BD/1BA1BR,1BA$1,580

Best Value Apartments for Rent in Norwood Park, IL

As of June 24, 2025 the best value apartment in the Norwood Park area is the $1.50 price per square foot 5930 N Northwest Hwy Model at 5930 N Northwest Hwy, Unit #1A in the in the Norwood Park neighborhood starting from $1,500. The second greatest value Norwood Park apartment is the 5759 N Nagle Ave Model at 5759 N Nagle Ave, Unit 1 starting at $1,275 with a $1.50 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 ListingModel NameBed/BathPrice Per Sq.Ft.
5930 N Northwest Hwy, Unit #1A5930 N Northwest Hwy2BR,1BA$1.50
5759 N Nagle Ave, Unit 15759 N Nagle Ave1BR,1BA$1.50
6689 N Olmsted Ave, Unit 2R6689 N Olmsted Ave1BR,1BA$2.81
Mont ClareS3Studio ,1BA$3.73

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Pet Friendly Lifestyle
Norwood Park, Chicago, IL

Ranked #87

Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Norwood Park Neighborhood in Chicago, IL

Walk Score®

79 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

69 / 100

Bikeable

Some bike infrastructure

Transit Score®

50 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Norwood Park Apartments

How much is rent for a Cheap One Bedroom Norwood Park Apartment?

The lowest price for a Cheap One Bedroom Norwood Park Apartment is $1,535 at Mont Clare.

What is the lowest price for a Cheap Two Bedroom Norwood Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Norwood Park is starting from $1,950 at 7005 W Gunnison St.

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.

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

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.