Cheap Apartments for Rent in the River North Neighborhood of Chicago, IL from $1,300 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in the River North area of Chicago.

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property at 1 E Delaware Pl

1 E Delaware Pl

ChicagoIL60611

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25 W Hubbard St
1 Bedroom Apartments

25 W Hubbard St

25 W Hubbard StChicago, IL 60654
  • Utilities Included
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55 E Erie St
Studio to 3 Bedroom Apartments

55 E Erie St

55 E Erie StChicago, IL 60611
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Luxury condo unit
Studio to 3 Bedroom Apartments

Luxury condo unit

333 N CanalChicago, IL 60606
Corporate Housing
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153 W Ohio St
Studio to 3 Bedroom Apartments

153 W Ohio St

153 W Ohio StChicago, IL 60654
  • Utilities Included

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.

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GRAND PLAZA
Studio to 2 Bedroom Apartments

GRAND PLAZA

540 N State StChicago, IL 60654
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Hubbard 221
Studio to 2 Bedroom Apartments

Hubbard 221

221 W Hubbard StChicago, IL 60654
  • Utilities Included
Showing Results 1-42, Page 1 of 1

River North, Chicago, IL Local Guide

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 $1,475. 440 N. Wabash Ave. has the second lowest priced unit, which is a Studio apartment currently listed from $1,675. Here are the most affordable River North apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
25 E. DelawareStudioStudio,1BA$1,475
440 N. Wabash Ave.StudioStudio,1BA$1,675
320 N. Michigan1 Bed/1 Bath1BR,1BA$1,995
10 E. Ontario St.1 Bedroom Corner1BR,1BA$2,050
Next ApartmentsS3Studio,1BA$2,062
GRAND PLAZAUNIT 5 (Studio)Studio,1BA$2,066
55 W. ChestnutConvertible1BR,1BA$2,073
Hugo River NorthStudioStudio,1BA$2,110

Best Value Apartments for Rent in River North, IL

As of August 02, 2025 the best value apartment in the River North area is the $2.66 price per square foot 864 N State St Model at 864 N State St, Unit 2 in the in the Magnificent Mile neighborhood starting from $4,250. The second greatest value River North apartment is the Private Bedroom in Shared 4 Bed 3 Bath Model at The 808 Cleveland starting at $1,306 with a $1.08 price per square foot in the Chicago Loop neighborhood. Here is today’s list of the best values for River North apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
864 N State St, Unit 2864 N State St1BR,1.5BA$2.66
The 808 ClevelandPrivate Bedroom in Shared 4 Bed 3 Bath4BR,3BA$1.08
303 W Ohio St, Unit Silver Tower303 W Ohio St2BR,2BA$3.26
10 E. Ontario St.1 Bedroom1BR,1BA$2.11
21 E Chestnut1 Bed - 1 Bath1BR,1BA$3.03
West77 ApartmentsOne Bedroom One Bathroom1BR,1BA$3.05
678 N Orleans St, Unit M02B678 N Orleans StStudio ,1BA$3.13
Marina CityOne Bedroom1BR,1BA$2.97
100 West Chestnut ApartmentsConvertible1BR,1BA$3.25
440 N. Wabash Ave.StudioStudio ,1BA$3.25

Quick Rent Budget Calculator

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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!

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 $1,475.

How much is rent for a Cheap One Bedroom River North Apartment?

The lowest price for a Cheap One Bedroom River North Apartment is $1,995 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 $3,348 at The Hudson.

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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.