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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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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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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 | $1,358 | $1,250 | $1,415 |
| Norwood Park 1 Bedroom Apartments | $1,510 | $1,175 | $1,680 |
| Norwood Park 2 Bedroom Apartments | $1,930 | $1,595 | $2,150 |
| Norwood Park 3 Bedroom Apartments | $2,050 | $1,850 | $2,350 |
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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Norwood Park, Chicago, IL Local Guide
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Best Value Apartments for Rent in Norwood Park, IL
As of August 19, 2025 the best value apartment in the Norwood Park area is the $1.63 price per square foot 5639 Austin N Ave Model at 5639 Austin N Ave, Unit 2a in the in the Norwood Park neighborhood starting from $1,950. The second greatest value Norwood Park apartment is the 5730 N McVicker Ave Model at 5730 N McVicker Ave, Unit 1 starting at $1,800 with a $1.80 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. |
|---|---|---|---|
| 5639 Austin N Ave, Unit 2a | 5639 Austin N Ave | 3BR,1BA | $1.63 |
| 5730 N McVicker Ave, Unit 1 | 5730 N McVicker Ave | 2BR,1BA | $1.80 |
| 5831 N Moody Ave, Unit 1 | 5831 N Moody Ave | 1BR,1BA | $1.68 |
| 6019 W Higgins Ave, Unit 1-B | 6019 W Higgins Ave | 1BR,1BA | $1.84 |
| Mont Clare | S1RR | Studio ,1BA | $4.01 |
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Pet Friendly LifestyleNorwood Park, Chicago, IL
Ranked #135
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Norwood Park Apartments
What is the Cheapest Studio apartment in Norwood Park?
Currently the most affordable Cheap Studio Apartment in Norwood Park is at Mont Clare listed at $1,190.
How much is rent for a Cheap One Bedroom Norwood Park Apartment?
The lowest price for a Cheap One Bedroom Norwood Park Apartment is $1,400 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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
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.