Cheap Homes for Rent in the Norwood Park Neighborhood of Chicago, IL from $1,250 (6 Rentals)

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

$1,250

4 Bedroom, 2 Bath Rentals

Available Now

6043 W Bryn Mawr Ave

ChicagoIL60646

$1,500

4 Bedroom, 2 Bath Rentals

Available Now

6043 W Bryn Mawr Ave

ChicagoIL60646

$1,750

1 Bedroom, 2 Bath Home for Rent

Available Sep 1

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

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$1,800

3 Bedroom, 2 Bath Condo for Rent

Available Now

7323 W Higgins Ave

ChicagoIL60656

$2,100

2 Bedroom, 1 Bath Rentals

Available Sep 1

6161 W Higgins Ave, Unit 107

6161 W Higgins Ave

ChicagoIL60630

$2,100

2 Bedroom, 1 Bath Home for Rent

Available Now

5939 N Melvina Ave

ChicagoIL60646

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Showing Results 1-6, Page 1 of 1

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	$2,350	$2,100	$2,500
Norwood Park 3 Bedroom Homes for Rent	$3,188	$1,800	$4,200
Norwood Park 4 Bedroom Homes for Rent	$3,772	$1,500	$5,995
Norwood Park 6 Bedroom Homes for Rent	$11,000	$10,000	$10,000+

Browse Homes for Rent 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

The cheapest available apartment rental in the Norwood Park area of Chicago, IL is a Studio unit found at Mont Clare priced from $1,198. 4916 N Harlem Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,395. Here are the most affordable Norwood Park apartments for rent in Chicago, IL:

Apartment Listing	Model Name	Bed/Bath	Priced From
Mont Clare	S3 Affordable	Studio,1BA	$1,198
4916 N Harlem Ave	1 Beds, 1 Baths	1BR,1BA	$1,395
4904 N Harlem Ave	2 Beds, 1 Baths	2BR,1BA	$1,500

Best Value Apartments for Rent in Norwood Park, IL

As of August 25, 2026 the best value apartment in the Norwood Park area is the $2.04 price per square foot 5644 N Meade Ave Model at 5644 N Meade Ave, Unit Unit 2 in the in the Norwood Park neighborhood starting from $2,450. The second greatest value Norwood Park apartment is the 6331 W Devon Ave Model at 6331 W Devon Ave, Unit 2R starting at $1,900 with a $1.90 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.
5644 N Meade Ave, Unit Unit 2	5644 N Meade Ave	2BR,1BA	$2.04
6331 W Devon Ave, Unit 2R	6331 W Devon Ave	2BR,1BA	$1.90
5750 N Meade Ave, Unit Unit 2	5750 N Meade Ave	1BR,2BA	$2.26
Ronald & Gunnison	2BD/1BA	2BR,1BA	$2.26
7538 Lawrence	2/1	2BR,1BA	$2.47
4904 N Harlem Ave	1 Beds, 1 Baths	1BR,1BA	$2.50
Mont Clare	S3	Studio ,1BA	$3.56

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

Pet Friendly Lifestyle
Norwood Park, Chicago, IL

Ranked #131

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

Frequently Asked Questions about Norwood Park

What type of rentals are currently available in Norwood Park?

There are currently 122 Apartments for Rent in Norwood Park, IL with pricing that ranges from $1,335 to $2,450. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Norwood Park ranging from $1,500 to $11,000.

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 $11,000 with an average monthly rent of $2,989.

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.

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