1212N N La Salle Dr, Unit 1607, Unit 1607
1212N N La Salle Dr
ChicagoIL60610
Cheap Homes for Rent in Old Town Neighborhood of Chicago, IL from $2,000 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Old Town area of Chicago.
70 W Burton Pl, Unit # 01608, Unit # 01608
70 W Burton Pl
ChicagoIL60610
70 W Burton Pl, Unit 1608
70 W Burton Pl
ChicagoIL60610
70 W Burton Pl
ChicagoIL60610
1561 N Wells St, Unit 2F
1561 N Wells St
ChicagoIL60610
1560 N Sandburg Terrace, Unit 2905
1560 N Sandburg Terrace
ChicagoIL60610
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
122 W Division St
ChicagoIL60610
1255 N Sandburg Terrace
ChicagoIL60610
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$2,6401 Bedroom Apartments Available Now
1205 N Wells St
1205 N Wells StChicago, IL 60610
300 division
ChicagoIL60610
1450 N Halsted St
ChicagoIL60642
1560 N Sandburg Terrace
ChicagoIL60610
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
757 W Evergreen Ave, Unit A, Unit A
757 W Evergreen Ave
ChicagoIL60610
Showing Results 1-13, Page 1 of 1
Old Town, Chicago, IL Local Guide
How much does it cost to rent a home in Old Town?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Town 2 Bedroom Homes for Rent | $3,885 | $2,800 | $5,000 |
| Old Town 3 Bedroom Homes for Rent | $5,747 | $4,900 | $6,280 |
| Old Town 4 Bedroom Homes for Rent | $13,500 | $10,000 | $10,000+ |
| Old Town 7 Bedroom Homes for Rent | $7,700 | $7,700 | $7,700 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Old Town Neighborhood of Chicago, IL.
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Old Town, Chicago, IL Local Guide
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Cheapest Available Old Town Apartments for Rent
The cheapest available apartment rental in the Old Town area of Chicago, IL is a Studio unit found at 1522 N La Salle Dr priced from $1,600. Windsor North + Vine has the second lowest priced unit, which is a Studio apartment currently listed from $2,219. Here are the most affordable Old Town apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1522 N La Salle Dr | Studio | Studio,1BA | $1,600 |
| Windsor North + Vine | S1 | Studio,1BA | $2,219 |
| Than Tower | 1 Bedroom | 1BR,1BA | $2,385 |
| The Archer | 1BR/1.0BA | 1BR,1BA | $2,557 |
| SoNo East | P | 1BR,1BA | $2,565 |
Best Value Apartments for Rent in Old Town, IL
As of May 22, 2026 the best value apartment in the Old Town area is the $2.63 price per square foot 1518 N Sedgwick St Model at 1518 N Sedgwick St, Unit 4B in the in the Parc Chesnut neighborhood starting from $5,250. The second greatest value Old Town apartment is the 1332 N Cleveland Ave Model at 1332 N Cleveland Ave, Unit 1 starting at $4,400 with a $2.59 price per square foot in the Near North Side neighborhood. Here is today’s list of the best values for Old Town apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1518 N Sedgwick St, Unit 4B | 1518 N Sedgwick St | 3BR,2BA | $2.63 |
| 1332 N Cleveland Ave, Unit 1 | 1332 N Cleveland Ave | 3BR,3BA | $2.59 |
| Acclaim on North Avenue | 2 Bedroom 2 Bath Market | 2BR,2BA | $1.91 |
| 1214 N La Salle Dr, Unit F5 | 1214 N La Salle Dr | 2BR,2BA | $3.72 |
| Cobbler Square Lofts | DA13 | 1BR,1BA | $4.00 |
| 1212 N La Salle Dr, Unit 5 | 1212 N La Salle Dr | 2BR,2BA | $3.80 |
| 1214 N La Salle Dr | 1214 N La Salle Dr | 2BR,2BA | $3.94 |
| The Archer | 1BR/1.0BA | 1BR,1BA | $3.37 |
| Than Tower | 1 Bedroom | 1BR,1BA | $3.60 |
| 1553 N Wells St | 1b/1b | 1BR,1BA | $4.00 |
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
Read ArticleA 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
Read ArticleReal 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.
Read ArticleQuick 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.
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Pet Friendly LifestyleOld Town, Chicago, IL
Ranked #53
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Old Town
What type of rentals are currently available in Old Town?
There are currently 147 Apartments for Rent in Old Town, IL with pricing that ranges from $1,600 to $23,973. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Town ranging from $2,050 to $13,500.
What is the current price range for Rental Homes in Old Town?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Old Town ranges from $2,050 to $13,500 with an average monthly rent of $6,698.
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.
Helpful Local Expert Guides
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
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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.
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With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.
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Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.
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