Cheap Homes for Rent in River North Neighborhood of Chicago, IL from $1,600 (98 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 300 N State St

300 N State St

ChicagoIL60654
property at 400 N La Salle Dr

400 N La Salle Dr

ChicagoIL60654
property at 345 N La Salle Dr

345 N La Salle Dr

ChicagoIL60654
property at 440 N Wabash Ave

440 N Wabash Ave

ChicagoIL60611
property at 622 N Wells St

622 N Wells St

ChicagoIL60654
Showing Results 1-50, Page 1 of 2

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 $1,365. 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. DelawareStudio 1Studio,1BA$1,365
440 N. Wabash Ave.StudioStudio,1BA$1,675
Marina CityStudioStudio,1BA$1,900
The Bush TempleH-A3Studio,1BA$1,930
Hubbard PlaceS1Studio,1BA$1,985
Eight O FiveStudio2Studio,1BA$2,018
55 W. ChestnutConvertible1BR,1BA$2,048

Best Value Apartments for Rent in River North, IL

As of September 16, 2025 the best value apartment in the River North area is the $3.28 price per square foot 326 N Michigan Ave Model at 326 N Michigan Ave, Unit 3N in the in the Magnificent Mile neighborhood starting from $5,250. The second greatest value River North apartment is the 620 N State St Model at 620 N State St, Unit 2811 starting at $3,895 with a $2.95 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 ListingModel NameBed/BathPrice Per Sq.Ft.
326 N Michigan Ave, Unit 3N326 N Michigan Ave2BR,2BA$3.28
620 N State St, Unit 2811620 N State St2BR,2BA$2.95
303 W Ohio St, Unit Silver Tower303 W Ohio St2BR,2BA$3.26
10 E. Ontario St.1 Bedroom1BR,1BA$2.11
Lakeside 800Three Bedroom3BR,1BA$2.54
AltaWest 011BR,1BA$3.25
West77 ApartmentsOne Bedroom One Bathroom1BR,1BA$3.20
678 N Orleans St, Unit M02B678 N Orleans StStudio ,1BA$3.13
30 East Huron Street, Unit 270530 East Huron Street1BR,1BA$3.36
440 N. Wabash Ave.StudioStudio ,1BA$3.25

Frequently Asked Questions about River North

What type of rentals are currently available in River North?

There are currently 223 Apartments for Rent in River North, IL with pricing that ranges from $1,299 to $77,776. There are also 343 Single Family Homes for rent, Condos, and Townhome rentals currently available in River North ranging from $1,600 to $22,000.

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 $1,600 to $22,000 with an average monthly rent of $10,308.

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 $1,750 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,200 to $10,764. Four Bedroom Single-Family rentals are also available starting from $10,000 and Four Bedroom Apartments start at $4,999.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.