
Cheap Apartments for Rent in the River North Neighborhood of Chicago, IL from $1,200 (61 Rentals)
Search the lowest-cost Apartments available for rent right now in the River North area of Chicago.


25 E. Delaware

330 N Jefferson St

8 W Chestnut St

21 E Chestnut
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The Gallery on Wells

320 N. Michigan

118 W Chicago Ave, Unit 1

The Bush Temple

620 W Kinzie St

33 W Delaware Pl

700 N Dearborn St

330 N Clinton St
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.

59 W Chicago Ave

7 W Chicago Ave

209 W Ontario St

440 N State St

805 N Wabash Ave

345 N Lasalle Dr

60 W Huron St

West77 Apartments
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Hubbard Place

Hugo River North

143 W Huron St

613 N Wells St

661 N Wells St

369 Grand by Onni

State & Chestnut
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

807 N Wabash Ave

736 N Dearborn St

167 W Huron St

30 E Huron St

757 N Orleans St

Next Apartments

710 N Dearborn St
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

100 West Chestnut Apartments
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 | $3,124 | $1,272 | $10,000+ |
River North 1 Bedroom Apartments | $3,692 | $1,799 | $10,000+ |
River North 2 Bedroom Apartments | $5,791 | $1,975 | $10,000+ |
River North 3 Bedroom Apartments | $10,943 | $4,795 | $10,000+ |
River North 4 Bedroom Apartments | $27,124 | $7,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 61 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 25 E. Delaware priced from $1,295. Marina City has the second lowest priced unit, which is a Studio apartment currently listed from $1,650. Here are the most affordable River North apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
25 E. Delaware | Studio | Studio,1BA | $1,295 |
Marina City | Studio | Studio,1BA | $1,650 |
The Gallery on Wells | Studio | Studio,1BA | $1,893 |
320 N. Michigan | 1 Bed/1 Bath | 1BR,1BA | $1,895 |
The Bush Temple | H-A1 | Studio,1BA | $1,925 |
55 W. Chestnut | Convertible | 1BR,1BA | $1,967 |
10 E. Ontario St. | 1 Bedroom Corner | 1BR,1BA | $2,050 |
Hubbard Place | S1 | Studio,1BA | $2,105 |
Hugo River North | Studio | Studio,1BA | $2,110 |
Best Value Apartments for Rent in River North, IL
As of June 11, 2025 the best value apartment in the River North area is the $3.07 price per square foot Penthouse Model at West77 Apartments in the in the Magnificent Mile neighborhood starting from $6,795. The second greatest value River North apartment is the Unit 1004 1104 Model at Chateau on Wells starting at $4,489 with a $3.68 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. |
---|---|---|---|
West77 Apartments | Penthouse | 3BR,3BA | $3.07 |
Chateau on Wells | Unit 1004 1104 | 2BR,2BA | $3.68 |
100 West Chestnut Apartments | 2 Bed / 2 Bath | 2BR,2BA | $3.34 |
10 E. Ontario St. | 1 Bedroom | 1BR,1BA | $2.11 |
21 E Chestnut | 1 Bed - 1 Bath | 1BR,1BA | $2.98 |
440 N. Wabash Ave. | 1 Bedroom - 1 Bathroom | 1BR,1BA | $2.53 |
One Superior Place | 1 bed 1 bath / 15 | 1BR,1BA | $3.25 |
545 N Dearborn St, Unit 2201B | 545 N Dearborn St | 1BR,1BA | $3.01 |
70 W Huron St, Unit 1210 | 70 W Huron St | Studio ,1BA | $3.31 |
Marina City | Studio | Studio ,1BA | $3.30 |
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.
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!
Getting Around the River North Neighborhood in Chicago, IL
Walk Score®
99 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
85 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
95 / 100
Rider’s Paradise
World-class public transportation
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap River North Apartments
What is the Cheapest Studio apartment in River North?
Currently the most affordable Cheap Studio Apartment in River North is at 25 E. Delaware listed at $1,295.
How much is rent for a Cheap One Bedroom River North Apartment?
The lowest price for a Cheap One Bedroom River North Apartment is $1,895 at 320 N. Michigan.
What is the lowest price for a Cheap Two Bedroom River North Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in River North is starting from $2,950 at Marina City.
What is the most affordable River North Three Bedroom Apartment?
The best deal on a cheap River North Three Bedroom Apartment rental is at Hugo River North and starts from $5,537.
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.

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.

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.