Cheap Homes for Rent in River North Neighborhood of Chicago, IL from $1,600 (134 Rentals)

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

property at 1125 N La Salle Dr

$1,627

Total Monthly Price

Total Monthly Price

Base Rent
$1,627

Total Monthly Price
$1,627

Studio, 1 Bath Condo for Rent

Available Now

1125 N La Salle Dr, Unit 203

1125 N La Salle Dr
ChicagoIL60610
property at 330 W Grand Ave

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

Studio, 1 Bath Condo for Rent

Available Now

330 W Grand Ave, Unit 1505

330 W Grand Ave
ChicagoIL60654

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property at 300 N State St

$1,875

Total Monthly Price

Total Monthly Price

Base Rent
$1,875

Total Monthly Price
$1,875

Studio, 1 Bath Condo for Rent

Available Now

300 N State St, Unit 5001

300 N State St
ChicagoIL60654
property at 400 N La Salle Dr

$1,895 - $2,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,895 - $2,600

Total Monthly Price
$1,895 - $2,600

Studio To 1 Bedroom Condos for Rent

Available Now

400 N La Salle Dr

ChicagoIL60654

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 300 N State St

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

Studio, 1 Bath Condo for Rent

Available Now

300 N State St, Unit 2303

300 N State St
ChicagoIL60654

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

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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
property at 10 E Ontario St

$2,050 - $3,200

1 To 2 Bedroom Rentals

Available Now

10 E Ontario St

ChicagoIL60611

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property at 149 W Ohio St

$2,095

Studio, 1 Bath Rentals

Available Now

149 W Ohio St

ChicagoIL60654
property at 545 N Dearborn St

$2,100 - $3,550

Total Monthly Price

Total Monthly Price

Base Rent
$2,100 - $3,550

Total Monthly Price
$2,100 - $3,550

Studio To 2 Bedroom Condos for Rent

Available Now

545 N Dearborn St

ChicagoIL60654
property at 333 W Hubbard St

$2,100 - $4,600

Total Monthly Price

Total Monthly Price

Base Rent
$2,100 - $4,600

Total Monthly Price
$2,100 - $4,600

Studio To 2 Bedroom Condos for Rent

Available Feb 25

333 W Hubbard St

ChicagoIL60654
property at 755 N Wells St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

755 N Wells St, Unit 2

755 N Wells St
ChicagoIL60654
property at 300 N State St

$2,100

Studio, 1 Bath Condo for Rent

Available Now

300 N State St

ChicagoIL60654
property at 300 N State St

$1,875 - $3,500

Studio To 1 Bedroom Rentals

Available Now

300 N State St

ChicagoIL60654
property at 360 W Illinois St

$2,104

Total Monthly Price

Total Monthly Price

Base Rent
$2,104

Total Monthly Price
$2,104

1 Bedroom, 1 Bath Condo for Rent

Available Now

360 W Illinois St

ChicagoIL60654

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.

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 ListingModel NameBed/BathPriced From
Gramercy Row ApartmentsStudio Floor Plan S7Studio,1BA$1,324
25 E. DelawareStudio 1Studio,1BA$1,465
440 N. Wabash Ave.StudioStudio,1BA$1,675
10 E. Ontario St.1 Bedroom Corner1BR,1BA$2,050
Hugo River NorthStudioStudio,1BA$2,050
21 E ChestnutStudioStudio,1BA$2,075
100 W. Chestnut1BR-JR/1BA1BR,1BA$2,079
The 808 ClevelandStudio 1 BathStudio,1BA$2,092
The ArdusA14Studio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The BernardinB52BR,2BA$3.51
316 W Illinois St, Unit 9105316 W Illinois St2BR,1.5BA$3.01
303 W Ohio St, Unit Silver Tower303 W Ohio St2BR,2BA$3.26
100 W. Chestnut2-BR/2BA2BR,2BA$3.20
10 E. Ontario St.1 Bedroom1BR,1BA$2.11
Env Chicago1 Bed/1 Bath-A71BR,1BA$3.53
60 W Superior St60 W Superior St1BR,1BA$3.19
545 N Dearborn St, Unit 2201B545 N Dearborn St1BR,1BA$2.69
750 N. Rush1BR-JR/1BA1BR,1BA$3.47
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 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

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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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Articles, How-To's, and Tips

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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.

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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.

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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.

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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.