
Cheap Apartments for Rent in the Norwood Park Neighborhood of Chicago, IL from $700 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Norwood Park area of Chicago.


5831 N Moody Ave, Unit 1
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.

Mont Clare
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

How much does it cost to rent an apartment in Norwood Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Norwood Park Studio Apartments | $1,357 | $1,310 | $1,415 |
Norwood Park 1 Bedroom Apartments | $1,530 | $1,275 | $1,685 |
Norwood Park 2 Bedroom Apartments | $1,816 | $1,500 | $2,000 |
Norwood Park 3 Bedroom Apartments | $2,099 | $2,099 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 6 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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Cheapest Available Norwood Park Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mont Clare | S3 | Studio,1BA | $1,300 |
7005 W Gunnison St | 1BD/1BA | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
5930 N Northwest Hwy, Unit #1A | 5930 N Northwest Hwy | 2BR,1BA | $1.50 |
5759 N Nagle Ave, Unit 1 | 5759 N Nagle Ave | 1BR,1BA | $1.50 |
6689 N Olmsted Ave, Unit 2R | 6689 N Olmsted Ave | 1BR,1BA | $2.81 |
Mont Clare | S3 | Studio ,1BA | $3.73 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleNorwood Park, Chicago, IL
Ranked #87
Among neighborhoods in Chicago, IL 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
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.

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.

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.

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.

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.