6447 N Newark Ave
ChicagoIL60631
Cheap Homes for Rent in Norwood Park Neighborhood of Chicago, IL from $1,300 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Norwood Park area of Chicago.
6447 N Newark Ave
ChicagoIL60631
7064 W Higgins Ave
ChicagoIL60656
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.
6418 N Newark Ave
ChicagoIL60631
7229 W Higgins Ave
ChicagoIL60656
6420 N Nashville Ave
ChicagoIL60631
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $2,110 | $1,650 | $3,000 |
| Norwood Park 3 Bedroom Homes for Rent | $2,749 | $2,199 | $4,500 |
| Norwood Park 4 Bedroom Homes for Rent | $3,566 | $3,100 | $4,499 |
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 7251-7259 Lawrence priced from $900. Mont Clare has the second lowest priced unit, which is a Studio apartment currently listed from $1,310. Here are the most affordable Norwood Park apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 7251-7259 Lawrence | studio | Studio,1BA | $900 |
| Mont Clare | S3 | Studio,1BA | $1,310 |
| 7005 W Gunnison St | 1BD/1BA | 1BR,1BA | $1,580 |
Best Value Apartments for Rent in Norwood Park, IL
As of May 22, 2025 the best value apartment in the Norwood Park area is the $2.45 price per square foot 1BR/1.0BA Model at 6 Corners Lofts in the in the Norwood Park neighborhood starting from $2,300. The second greatest value Norwood Park apartment is the 2 Bedroom 2 Bath Model at 1027 W Touhy Ave starting at $2,095 with a $2.29 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. |
|---|---|---|---|
| 6 Corners Lofts | 1BR/1.0BA | 1BR,1BA | $2.45 |
| 1027 W Touhy Ave | 2 Bedroom 2 Bath | 2BR,2BA | $2.29 |
| Highpoint at 8000 North | A7 | 1BR,1BA | $3.26 |
| 6689 N Olmsted Ave, Unit 1F | 6689 N Olmsted Ave | 1BR,1BA | $2.56 |
| Mont Clare | S3 | Studio ,1BA | $3.73 |
| 7251-7259 Lawrence | studio | Studio ,1BA | $4.50 |
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 121 Apartments for Rent in Norwood Park, IL with pricing that ranges from $900 to $3,850. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Norwood Park ranging from $1,375 to $4,500.
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 $1,375 to $4,500 with an average monthly rent of $2,465.
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.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.