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$1,290 - $2,188Studio to 2 Bedroom Apartments Available Aug 28
Gramercy Row Apartments
660 N Dearborn StChicago, IL 60654
Cheap Apartments for Rent in the River North Neighborhood of Chicago, IL from $1,200 (192 Rentals)
Search the lowest-cost Apartments available for rent right now in the River North area of Chicago.
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$1,430
Total Monthly Price
Studio Apartments Available Nov 22Total Monthly Price
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$1,430
Total Monthly Price
$1,430
61 W Erie St, Unit SI FL2-ID1396
61 W Erie StChicago, IL 60654
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$1,495Studio Apartments Available Now
25 E. Delaware
25 E Delaware PlChicago, IL 60611
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$1,600 - $2,200
Total Monthly Price
Studio to 1 Bedroom Apartment Available Aug 1Total Monthly Price
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$1,600 - $2,200
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$1,600 - $2,200
1136 N La Salle Dr
1136 N La Salle DrChicago, IL 60610
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$1,660
Total Monthly Price
Studio Apartments Available Nov 8Total Monthly Price
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$1,660
Total Monthly Price
$1,660
61 W Erie St, Unit SI FL5-ID1412
61 W Erie StChicago, IL 60654
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$1,789 - $3,323
Total Monthly Price
Studio to 2 Bedroom Apartments Available Aug 1Total Monthly Price
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$1,789 - $3,323
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55 W. Chestnut
55 W Chestnut StChicago, IL 60610
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$1,875 - $3,300Studio to 1 Bedroom Apartments Available Now
Marina City
300 N State StChicago, IL 60654
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$1,990 - $2,812Studio to 1 Bedroom Apartments Available Now
The Ardus
676 N La Salle DrChicago, IL 60654
853 N Larrabee St
ChicagoIL60610
72 W Huron St
ChicagoIL60654
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.
440 N Wabash Ave, Unit 01707
440 N Wabash Ave
ChicagoIL60611
152 W Superior St, Unit 4R
152 W Superior St
ChicagoIL60654
106 W Chicago Ave, Unit 304
106 W Chicago Ave
ChicagoIL60654
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$2,070
Total Monthly Price
1 Bedroom Apartments Available Aug 16Total Monthly Price
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$2,070
Total Monthly Price
$2,070
61 W Erie St, Unit SI FL3-ID1403
61 W Erie StChicago, IL 60654
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$2,095 - $7,300Studio to 3 Bedroom Apartments Available Now
Hugo River North
751 N Hudson AveChicago, IL 60654
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$2,100 - $3,9001 to 2 Bedroom Apartments Available Now
10 E. Ontario St.
10 E Ontario StChicago, IL 60611
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$2,123 - $5,944
Total Monthly Price
Studio to 2 Bedroom Apartments Available Jul 18Total Monthly Price
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$2,123 - $5,944
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AMLI 808
808 N Wells StChicago, IL 60610
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$2,125 - $2,445Studio to 1 Bedroom Apartments Available Now
320 N. Michigan
320 N Michigan AveChicago, IL 60601
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$2,139 - $3,714Studio to 1 Bedroom Apartments Available Now
The Bush Temple
800 N Clark StChicago, IL 60610
809 N Wells St
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.
263 E Wacker Dr
ChicagoIL60601
746 N Dearborn St
ChicagoIL60654
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$2,154 - $4,226Studio to 2 Bedroom Apartments Available Now
Asbury Plaza
750 N Dearborn StChicago, IL 60654
794 N La Salle Dr
ChicagoIL60654
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$2,177 - $3,643
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1 to 2 Bedroom Apartments Available Aug 1Total Monthly Price
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$2,177 - $3,643
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100 W. Chestnut
100 W Chestnut StChicago, IL 60610
201 W Ontario St
ChicagoIL60654
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$2,189 - $7,008Studio to 2 Bedroom Apartments Available Aug 15
Marlowe
169 W Huron StChicago, IL 60654
661 N Wells St
ChicagoIL60654
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$2,192 - $5,981Studio to 2 Bedroom Apartments Available Now
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347 W Chestnut StChicago, IL 60610
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$2,196 - $6,216Studio to 2 Bedroom Apartments Available Now
Kingsbury Plaza
520 N Kingsbury StChicago, IL 60654
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
424 W Grand Ave
ChicagoIL60654
333 W Hubbard St
ChicagoIL60654
300 N State St, Unit 04330
300 N State St
ChicagoIL60654
30 W Huron St, Unit 02606
30 W Huron St
ChicagoIL60654
360 W Illinois St
ChicagoIL60654
330 W Grand Ave
ChicagoIL60654
630 N State St
ChicagoIL60654
216 W Chicago Ave
ChicagoIL60654
70 W Huron St
ChicagoIL60654
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$2,210 - $4,105Studio to 2 Bedroom Apartments Available Aug 15
Wacker Place
65 E Wacker PlChicago, IL 60601
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
501 N Kingsbury St
ChicagoIL60654
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$2,222 - $6,012Studio to 2 Bedroom Apartments Available Now
The Gallery on Wells
637-643 N Wells StChicago, IL 60654
99 W Illinois St, Unit 720
99 W Illinois St
ChicagoIL60654
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$2,228 - $11,376
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$2,228 - $11,376
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Env Chicago
161 W Kinzie StChicago, IL 60654
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$2,230
Total Monthly Price
1 Bedroom Apartments Available Oct 6Total Monthly Price
Base Rent
$2,230
Total Monthly Price
$2,230
750 N Rush St, Unit SI FL13-ID269
750 N Rush StChicago, IL 60611
132 W Chicago Ave
ChicagoIL60654
337 W Chestnut St
ChicagoIL60610
202 W Institute Pl
ChicagoIL60610
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$2,250 - $3,6001 to 2 Bedroom Apartments Available Now
440 N. Wabash Ave.
440 N Wabash AveChicago, IL 60611
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$2,258 - $48,409Studio to 4 Bedroom Apartments Available Now
369 Grand by Onni
369 W Grand AveChicago, IL 60654
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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River North, Chicago, IL Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in River North?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| River North Studio Apartments | $2,613 | $1,296 | $4,740 |
| River North 1 Bedroom Apartments | $3,303 | $2,070 | $8,128 |
| River North 2 Bedroom Apartments | $5,058 | $2,730 | $10,000+ |
| River North 3 Bedroom Apartments | $10,829 | $5,537 | $10,000+ |
| River North 4 Bedroom Apartments | $8,456 | $1,474 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 192 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
- Nearby Chicago neighborhoods
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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 $1,495. 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 |
|---|---|---|---|
| 25 E. Delaware | Studio 1 | Studio,1BA | $1,495 |
| Marina City | Furnished Studio | Studio,1BA | $2,000 |
| Hugo River North | Studio | Studio,1BA | $2,095 |
| 320 N. Michigan | Studio | Studio,1BA | $2,125 |
| Eight O Five | Studio1W | Studio,1BA | $2,172 |
| Next Apartments | S2 | Studio,1BA | $2,192 |
| The Gallery on Wells | gastd10b | Studio,1BA | $2,252 |
| Chestnut Tower Apartments | S | Studio,1BA | $2,285 |
| Alta | West 09 & 10 | Studio,1BA | $2,300 |
| The Bush Temple | M-C8 | 1BR,1BA | $2,333 |
Best Value Apartments for Rent in River North, IL
As of July 11, 2026 the best value apartment in the River North area is the $2.50 price per square foot Four Bedroom Model at 116-120 Chestnut Properties in the in the Magnificent Mile neighborhood starting from $7,500. The second greatest value River North apartment is the Two Bedroom 1324 sq ft Model at 440 N. Wabash Ave. starting at $2,800 with a $2.11 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. |
|---|---|---|---|
| 116-120 Chestnut Properties | Four Bedroom | 4BR,3.5BA | $2.50 |
| 440 N. Wabash Ave. | Two Bedroom 1324 sq ft | 2BR,2BA | $2.11 |
| 10 E. Ontario St. | 2 Bedroom | 2BR,2BA | $2.88 |
| 303 W Ohio St, Unit Silver Tower | 303 W Ohio St | 2BR,2BA | $3.26 |
| The 808 Cleveland | D5 | leasing per bedroom | 4BR,3BA | $1.53 |
| 607 N Wells St | 607 N Wells St | 1BR,1BA | $2.88 |
| 750 N. Rush | 1-BR/1BA | 1BR,1BA | $3.06 |
| Asbury Plaza | Deluxe One Bedroom | 1BR,1BA | $2.86 |
| GRAND PLAZA | UNIT 8 (1BR/1BA) | 1BR,1BA | $3.55 |
| West77 Apartments | One Bedroom One Bathroom | 1BR,1BA | $3.39 |
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.
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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.
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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 $2,333.
What is the price of a cheap apartment in River North?
The cheapest apartment in River North is 320 N. Michigan which is listed at $2,245, while the average apartment in River North costs $16,519.
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 10 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 $357 which is $16,162 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.
Helpful Local Expert Guides
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.
Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
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.
Best Neighborhoods to Rent in Near Chicago's Top Employers
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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.
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
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From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.