
Cheap Apartments for Rent in the River North Neighborhood of Chicago, IL from $1,324 (222 Rentals)
Search the lowest-cost Apartments available for rent right now in the River North area of Chicago.


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61 W Erie St, Unit SI FL4-ID1408

25 E. Delaware

Total Monthly Price
61 W Erie St, Unit SI FL3-ID1403

Total Monthly Price
61 W Erie St, Unit SI FL2-ID1396

Total Monthly Price
1136 N La Salle Dr

Total Monthly Price
55 W. Chestnut

Marina City

111 E Chestnut St

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69 W Huron St

200 W Superior St, Unit 2706B

Total Monthly Price
102 W Chicago Ave

The Bush Temple

111 W Chicago Ave

699 N Wells St

631 N Wells St

440 N Wabash Ave, Unit 01707

201 W Ontario St

622 N Wells St
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829 N Orleans St

106 W Chicago Ave, Unit 304

744 N Dearborn St

Asbury Plaza

The Gallery on Wells

693 N Wells St

Alta

558 N Kingsbury St

730 N Dearborn St

42 E Superior St, Unit 9F
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10 E. Ontario St.

152 W Superior St, Unit 4R

575 N State St

613 N Wells St, Unit 2003

543 N Kingsbury St

320 N. Michigan

Kingsbury Plaza

503 N Kingsbury St

736 N Dearborn St

746 N Dearborn St
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320w W Chestnut St

633 N Wells St

579 W Kinzie St

501 N Kingsbury St

21 E Chestnut

19 E Chestnut St

Total Monthly Price
100 W. Chestnut

70 W Huron St, Unit 12

300 N State St, Unit 04330

30 W Huron St, Unit 02606
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River North, Chicago, IL Local Guide

How much does it cost to rent an apartment in River North?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| River North Studio Apartments | $2,657 | $1,324 | $9,999 |
| River North 1 Bedroom Apartments | $3,243 | $1,500 | $6,759 |
| River North 2 Bedroom Apartments | $4,881 | $2,840 | $10,000+ |
| River North 3 Bedroom Apartments | $10,651 | $5,090 | $10,000+ |
| River North 4 Bedroom Apartments | $6,592 | $1,394 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 222 rentals with your search options within a 2 mile radius of the River North Neighborhood of Chicago, IL.
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River North, Chicago, IL Local Guide
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Cheapest Available River North Apartments for Rent
 The cheapest available apartment rental in the River North area of Chicago, IL is a Studio unit found at Gramercy Row Apartments priced from $1,324. Marina City has the second lowest priced unit, which is a Studio apartment currently listed from $2,000. Here are the most affordable River North apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gramercy Row Apartments | Studio Floor Plan S7 | Studio,1BA | $1,324 |
| Marina City | Furnished Studio | Studio,1BA | $2,000 |
| The Bush Temple II | M-A8 | Studio,1BA | $2,044 |
| Asbury Plaza | Convertible | Studio,1BA | $2,073 |
| 640 North Wells | Studio 04A | Studio,1BA | $2,123 |
| 320 N. Michigan | Studio | Studio,1BA | $2,125 |
| 100 W. Chestnut | 1-BR/1BA | 1BR,1BA | $2,177 |
| The Gallery on Wells | gastd10b | Studio,1BA | $2,266 |
Best Value Apartments for Rent in River North, IL
As of August 26, 2026 the best value apartment in the River North area is the $3.13 price per square foot 3-BR/2.5BA Model at 750 N. Rush in the in the Magnificent Mile neighborhood starting from $5,670. The second greatest value River North apartment is the Two Bedroom 1324 sq ft Model at 440 N. Wabash Ave. starting at $3,200 with a $2.42 price per square foot in the Magnificent Mile neighborhood. Here is today’s list of the best values for River North apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 750 N. Rush | 3-BR/2.5BA | 3BR,2.5BA | $3.13 |
| 440 N. Wabash Ave. | Two Bedroom 1324 sq ft | 2BR,2BA | $2.42 |
| 10 E. Ontario St. | 2 Bedroom | 2BR,2BA | $2.88 |
| 545 N Dearborn St, Unit 2201 | 545 N Dearborn St | 2BR,2BA | $3.26 |
| 303 W Ohio St, Unit Silver Tower | 303 W Ohio St | 2BR,2BA | $3.26 |
| 745 N Dearborn St | 745 N Dearborn St | 1BR,1BA | $3.06 |
| 545 N Dearborn St, Unit 2201B | 545 N Dearborn St | 1BR,1BA | $3.08 |
| Chestnut Place | BE | 1BR,1BA | $3.65 |
| 100 W. Chestnut | 1-BR/1BA | 1BR,1BA | $2.89 |
| Asbury Plaza | Convertible | Studio ,1BA | $3.07 |
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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.
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States and customized analysis for Central Chicago. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, pet-friendly features, places that make kids happy, proximity to transit, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap River North Apartments
What is a cheap apartment in River North?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in River North is under $2,266.
What is the price of a cheap apartment in River North?
The cheapest apartment in River North is 100 W. Chestnut which is listed at $2,177, while the average apartment in River North costs $3,151.
What types of apartments are the cheapest in River North?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 18 regular apartments in River North that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in River North?
Cheap apartments in River North have an average cost of $497 which is $2,654 cheaper than the average rent for all rentals in River North.
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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