
Cheap Homes for Rent in Norwood Park Neighborhood of Chicago, IL from $1,500 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Norwood Park area of Chicago.


5524 N Mont Clare Ave, Unit G
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.

6658 W Devon Ave

6461 N Newark Ave
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 a home in Norwood Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Norwood Park 2 Bedroom Homes for Rent | $1,779 | $1,600 | $1,999 |
Norwood Park 3 Bedroom Homes for Rent | $3,094 | $2,675 | $3,495 |
Norwood Park 4 Bedroom Homes for Rent | $4,900 | $4,900 | $4,900 |
Browse Homes for Rent 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 July 07, 2025 the best value apartment in the Norwood Park area is the $1.80 price per square foot 6241 N Sayre Ave Model at 6241 N Sayre Ave, Unit North Sayre in the in the Norwood Park neighborhood starting from $2,700. The second greatest value Norwood Park apartment is the 6115 N Meade Ave Model at 6115 N Meade Ave, Unit 2 starting at $2,100 with a $1.62 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. |
---|---|---|---|
6241 N Sayre Ave, Unit North Sayre | 6241 N Sayre Ave | 3BR,2BA | $1.80 |
6115 N Meade Ave, Unit 2 | 6115 N Meade Ave | 3BR,1BA | $1.62 |
5730 N McVicker Ave, Unit 1 | 5730 N McVicker Ave | 2BR,1BA | $1.90 |
5930 N Northwest Hwy, Unit #1A | 5930 N Northwest Hwy | 2BR,1BA | $1.50 |
5831 N Moody Ave, Unit 1 | 5831 N Moody Ave | 1BR,1BA | $1.82 |
6689 N Olmsted Ave, Unit 2R | 6689 N Olmsted Ave | 2BR,1BA | $2.81 |
Mont Clare | S4R | Studio ,1BA | $3.75 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Norwood Park
What type of rentals are currently available in Norwood Park?
There are currently 123 Apartments for Rent in Norwood Park, IL with pricing that ranges from $1,250 to $2,700. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Norwood Park ranging from $1,500 to $4,900.
What is the current price range for Rental Homes in Norwood Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Norwood Park ranges from $1,500 to $4,900 with an average monthly rent of $2,818.
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.