Cheap Homes for Rent in River North Neighborhood of Chicago, IL from $1,700 (161 Rentals)

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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

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.

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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.

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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!

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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.

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property at 440 N Wabash Ave

440 N Wabash Ave

ChicagoIL60611

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.

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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 Gramercy Row Apartments priced from $1,340. 25 E. Delaware has the second lowest priced unit, which is a Studio apartment currently listed from $1,365. Here are the most affordable River North apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Gramercy Row ApartmentsStudio Floor Plan S9Studio,1BA$1,340
25 E. DelawareStudio 1Studio,1BA$1,365
440 N. Wabash Ave.StudioStudio,1BA$1,675
The Bush TempleH-A3Studio,1BA$1,800
Marina CityStudioStudio,1BA$1,900
21 E ChestnutStudioStudio,1BA$1,905
The ArdusA11Studio,1BA$1,914

Best Value Apartments for Rent in River North, IL

As of November 10, 2025 the best value apartment in the River North area is the $2.03 price per square foot 2BR / 2BA Model at DEARBORN DISTRICT in the in the Magnificent Mile neighborhood starting from $3,450. The second greatest value River North apartment is the Two Bedroom Two Bathroom Model at West77 Apartments starting at $3,695 with a $2.48 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.
DEARBORN DISTRICT2BR / 2BA2BR,2BA$2.03
West77 ApartmentsTwo Bedroom Two Bathroom2BR,2BA$2.48
Chateau on WellsUnit 1003/11032BR,2BA$3.11
60 W Superior St, Unit 180360 W Superior St2BR,2BA$3.18
10 E. Ontario St.1 Bedroom1BR,1BA$2.11
Lakeside 800Three Bedroom3BR,1BA$2.54
745 N Dearborn St745 N Dearborn St1BR,1BA$2.63
678 N Orleans St, Unit M02B678 N Orleans StStudio ,1BA$3.13
405 N Wabash Ave, Unit 2008405 N Wabash Ave1BR,1BA$2.90
GRAND PLAZAUNIT 5 (Studio)Studio ,1BA$3.20

Frequently Asked Questions about River North

What type of rentals are currently available in River North?

There are currently 242 Apartments for Rent in River North, IL with pricing that ranges from $1,330 to $77,776. There are also 386 Single Family Homes for rent, Condos, and Townhome rentals currently available in River North ranging from $1,750 to $23,000.

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 $1,750 to $23,000 with an average monthly rent of $8,001.

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 $2,220 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,995 to $6,995. Four Bedroom Single-Family rentals are also available starting from $5,595 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.

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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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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.