
Cheap Homes for Rent in the River North Neighborhood of Chicago, IL from $1,800 (104 Rentals)
Search the lowest-cost Homes available for rent right now in the River North area of Chicago.


Total Monthly Price
61 W Erie St, Unit SI FL5-ID1412

300 N State St

111 E Chestnut St

18 W Chestnut St

70 W Huron St

72 W Huron St

440 N Wabash Ave, Unit 01707

152 W Superior St, Unit 4R

106 W Chicago Ave, Unit 304
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.

641 N Wells St

700 N La Salle Dr

579 W Kinzie St

809 N Wells St

263 E Wacker Dr

746 N Dearborn St

342 W Chestnut St

405 N Wabash Ave

794 N La Salle Dr

79 W Huron St
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.

201 W Ontario St

424 W Grand Ave

30 W Huron St, Unit 02606

333 W Hubbard St

300 N State St, Unit 04330

360 W Illinois St

70 W Huron St

501 N Kingsbury St

544 N State St

501 N State St
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.

99 W Illinois St, Unit 720

Total Monthly Price
750 N Rush St, Unit SI FL13-ID269

132 W Chicago Ave

337 W Chestnut St

202 W Institute Pl

300 N State St, Unit 3908

226 N Clinton St

220 W Institute Pl

729 N Wells St

347 W Chestnut St, Unit 2506
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.

105 W Chestnut St, Unit 2508

10 E Ontario St

106 W Chicago Ave

169 W Superior St

897 N State St

777 N Clark St

736 N Dearborn St

735 N Dearborn St

630 N State St

33 W Ontario St
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.
River North, Chicago, IL Local Guide

How much does it cost to rent a home in River North?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| River North 2 Bedroom Homes for Rent | $4,309 | $3,000 | $6,995 |
| River North 3 Bedroom Homes for Rent | $5,665 | $4,650 | $6,900 |
| River North 4 Bedroom Homes for Rent | $15,449 | $7,300 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 104 rentals with your search options within a 2 mile radius of the River North Neighborhood of Chicago, IL.
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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 $1,395. 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 | $1,395 |
| Marina City | Furnished Studio | Studio,1BA | $2,000 |
| Hugo River North | Studio | Studio,1BA | $2,095 |
| 320 N. Michigan | Studio | Studio,1BA | $2,125 |
| Alta | West 09 & 10 | Studio,1BA | $2,150 |
| Next Apartments | S2 | Studio,1BA | $2,192 |
| The Gallery on Wells | gastd10b | Studio,1BA | $2,252 |
| Chestnut Tower Apartments | S | Studio,1BA | $2,285 |
| Asbury Plaza | Deluxe One Bedroom | 1BR,1BA | $2,369 |
| The Leo | 1409 | Studio,1BA | $2,415 |
Best Value Apartments for Rent in River North, IL
As of July 09, 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 |
| 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 |
| 318 W Grand Ave | 02 | 2BR,2BA | $3.63 |
| 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 | $2.87 |
| GRAND PLAZA | UNIT 8 (1BR/1BA) | 1BR,1BA | $3.80 |
| Alta | West 09 & 10 | Studio ,1BA | $3.82 |
Frequently Asked Questions about River North
What type of rentals are currently available in River North?
There are currently 218 Apartments for Rent in River North, IL with pricing that ranges from $1,306 to $48,409. There are also 286 Single Family Homes for rent, Condos, and Townhome rentals currently available in River North ranging from $1,800 to $19,998.
What is the current price range for Rental Homes in River North?
Today's rental pricing for Homes for Rent, Condos and Townhomes in River North ranges from $1,800 to $19,998 with an average monthly rent of $6,092.
How much are larger Three and Four Bedroom Rentals in River North?
For those who are looking for larger living arrangements, Three Bedroom Apartments in River North range from $5,537 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,650 to $6,900. Four Bedroom Single-Family rentals are also available starting from $7,300 and Four Bedroom Apartments start at $1,449.
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
Written by: Nicole Harms
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
Written by: Nicole Harms
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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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
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.