Cheap Homes for Rent in the River North Neighborhood of Chicago, IL from $1,800 (104 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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

$1,800 - $2,700

Studio To 1 Bedroom Rentals

Available Now

300 N State St

ChicagoIL60654
property at 111 E Chestnut St

$1,975 - $4,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,975 - $4,650

Total Monthly Price
$1,975 - $4,650

1 To 3 Bedroom Condos for Rent

Available Now

111 E Chestnut St

ChicagoIL60611
property at 152 W Superior St

$2,050

Total Monthly Price

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050

Studio, 1 Bath Condo for Rent

Available Now

152 W Superior St, Unit 4R

152 W Superior St
ChicagoIL60654

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.

property at 405 N Wabash Ave

$2,150 - $4,650

1 To 2 Bedroom Rentals

Available Now

405 N Wabash Ave

ChicagoIL60611

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.

property at 30 W Huron St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

30 W Huron St, Unit 02606

30 W Huron St
ChicagoIL60654
property at 333 W Hubbard St

$2,200 - $4,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,200 - $4,400

Total Monthly Price
$2,200 - $4,400

Studio To 2 Bedroom Condos for Rent

Available Now

333 W Hubbard St

ChicagoIL60654
property at 360 W Illinois St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

360 W Illinois St

ChicagoIL60654
property at 70 W Huron St

$2,210 - $2,720

Total Monthly Price

Total Monthly Price

Base Rent
$2,210 - $2,720

Total Monthly Price
$2,210 - $2,720

Studio To 1 Bedroom Condos for Rent

Available Now

70 W Huron St

ChicagoIL60654

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.

property at 300 N State St

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

300 N State St, Unit 3908

300 N State St
ChicagoIL60654

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.

property at 33 W Ontario St

$2,350 - $7,500

Studio To 3 Bedroom Rentals

Available Now

33 W Ontario St

ChicagoIL60654

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.

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 ListingModel NameBed/BathPriced From
25 E. DelawareStudio 1Studio,1BA$1,395
Marina CityFurnished StudioStudio,1BA$2,000
Hugo River NorthStudioStudio,1BA$2,095
320 N. MichiganStudioStudio,1BA$2,125
AltaWest 09 & 10Studio,1BA$2,150
Next ApartmentsS2Studio,1BA$2,192
The Gallery on Wellsgastd10bStudio,1BA$2,252
Chestnut Tower ApartmentsSStudio,1BA$2,285
Asbury PlazaDeluxe One Bedroom1BR,1BA$2,369
The Leo1409Studio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
116-120 Chestnut PropertiesFour Bedroom4BR,3.5BA$2.50
440 N. Wabash Ave.Two Bedroom 1324 sq ft2BR,2BA$2.11
303 W Ohio St, Unit Silver Tower303 W Ohio St2BR,2BA$3.26
The 808 ClevelandD5 | leasing per bedroom4BR,3BA$1.53
318 W Grand Ave022BR,2BA$3.63
607 N Wells St607 N Wells St1BR,1BA$2.88
750 N. Rush1-BR/1BA1BR,1BA$3.06
Asbury PlazaDeluxe One Bedroom1BR,1BA$2.87
GRAND PLAZAUNIT 8 (1BR/1BA)1BR,1BA$3.80
AltaWest 09 & 10Studio ,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

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 Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago article

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.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

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.

decorative image for Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago article

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.