
Cheap Homes for Rent in River North Neighborhood of Chicago, IL from $1,600 (134 Rentals)
Search the lowest-cost Homes available for rent right now in the River North area of Chicago.


61 W Erie St

61 W Erie St

1125 N La Salle Dr, Unit 203

21 E Chestnut St

61 W Erie St

61 W Erie St

53 E Chestnut St

19 E Chestnut St

330 W Grand Ave, Unit 1505
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.

4 E Chestnut St

300 N State St, Unit 5001

400 N La Salle Dr

833 N Dearborn St

31 E Chestnut St

351 N Jefferson St

579 W Kinzie St

330 N Clinton St

353 N Clinton St

111 E Chestnut St
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.

45 W Chicago Ave

758 N Dearborn St

580 W Kinzie St

579 W Kinzie St

743 N Dearborn St

573 W Kinzie St

300 N State St, Unit 2303

811 N Cambridge Ave

468 W Chicago Ave

811 N Cleveland Ave
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

800 N Cleveland Ave

200 W Superior St, Unit 2706B

61 W Erie St

809 N Wells St

355 N Jefferson St

440 N Wabash Ave, Unit 01707

152 W Superior St, Unit 4R

10 E Ontario St

746 N Dearborn St

106 W Chicago Ave, Unit 304
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.

216 W Chicago Ave

149 W Ohio St

545 N Dearborn St

333 W Hubbard St

755 N Wells St, Unit 2

300 N State St

300 N State St

360 W Illinois St

710 N Dearborn St

424 W Grand Ave
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.
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 | $3,921 | $3,000 | $7,999 |
| River North 3 Bedroom Homes for Rent | $6,289 | $4,500 | $10,000+ |
| River North 4 Bedroom Homes for Rent | $19,166 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 134 rentals with your search options within a 2 mile radius of the River North Neighborhood of Chicago, IL.
Explore Chicago
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 Gramercy Row Apartments priced from $1,324. 25 E. Delaware has the second lowest priced unit, which is a Studio apartment currently listed from $1,465. Here are the most affordable River North apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gramercy Row Apartments | Studio Floor Plan S7 | Studio,1BA | $1,324 |
| 25 E. Delaware | Studio 1 | Studio,1BA | $1,465 |
| 440 N. Wabash Ave. | Studio | Studio,1BA | $1,675 |
| 10 E. Ontario St. | 1 Bedroom Corner | 1BR,1BA | $2,050 |
| Hugo River North | Studio | Studio,1BA | $2,050 |
| 21 E Chestnut | Studio | Studio,1BA | $2,075 |
| 100 W. Chestnut | 1BR-JR/1BA | 1BR,1BA | $2,079 |
| The 808 Cleveland | Studio 1 Bath | Studio,1BA | $2,092 |
| The Ardus | A14 | Studio,1BA | $2,100 |
Best Value Apartments for Rent in River North, IL
As of February 23, 2026 the best value apartment in the River North area is the $3.51 price per square foot B5 Model at The Bernardin in the in the Magnificent Mile neighborhood starting from $4,431. The second greatest value River North apartment is the 316 W Illinois St Model at 316 W Illinois St, Unit 9105 starting at $3,500 with a $3.01 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. |
|---|---|---|---|
| The Bernardin | B5 | 2BR,2BA | $3.51 |
| 316 W Illinois St, Unit 9105 | 316 W Illinois St | 2BR,1.5BA | $3.01 |
| 303 W Ohio St, Unit Silver Tower | 303 W Ohio St | 2BR,2BA | $3.26 |
| 100 W. Chestnut | 2-BR/2BA | 2BR,2BA | $3.20 |
| 10 E. Ontario St. | 1 Bedroom | 1BR,1BA | $2.11 |
| Env Chicago | 1 Bed/1 Bath-A7 | 1BR,1BA | $3.53 |
| 60 W Superior St | 60 W Superior St | 1BR,1BA | $3.19 |
| 545 N Dearborn St, Unit 2201B | 545 N Dearborn St | 1BR,1BA | $2.69 |
| 750 N. Rush | 1BR-JR/1BA | 1BR,1BA | $3.47 |
| 440 N. Wabash Ave. | Studio | Studio ,1BA | $3.25 |
Frequently Asked Questions about River North
What type of rentals are currently available in River North?
There are currently 230 Apartments for Rent in River North, IL with pricing that ranges from $1,234 to $77,776. There are also 369 Single Family Homes for rent, Condos, and Townhome rentals currently available in River North ranging from $1,627 to $19,500.
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 $1,627 to $19,500 with an average monthly rent of $6,832.
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 $5,324 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,500 to $12,000. Four Bedroom Single-Family rentals are also available starting from $10,000 and Four Bedroom Apartments start at $1,399.
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.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.