Cheap Homes for Rent in River North Neighborhood of Chicago, IL from $1,700 (96 Rentals)

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

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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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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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.

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Navigating the Rental Market: Tips for First-Time Renters

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property at 7 W Superior St

7 W Superior St

ChicagoIL60654

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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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 25 E. Delaware priced from $1,295. The Gallery on Wells has the second lowest priced unit, which is a Studio apartment currently listed from $1,893. Here are the most affordable River North apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
25 E. DelawareStudioStudio,1BA$1,295
The Gallery on WellsConvertible/Jr. 1 BedroomStudio,1BA$1,893
The Bush TempleH-A5Studio,1BA$1,950
55 W. ChestnutConvertible1BR,1BA$2,036
320 N. Michigan1 Bed/1 Bath1BR,1BA$2,045
10 E. Ontario St.1 Bedroom Corner1BR,1BA$2,050
Marina CityOne Bedroom1BR,1BA$2,100
Hubbard PlaceS1Studio,1BA$2,105
Hugo River NorthStudioStudio,1BA$2,110

Best Value Apartments for Rent in River North, IL

As of June 18, 2025 the best value apartment in the River North area is the $3.26 price per square foot 303 W Ohio St Model at 303 W Ohio St, Unit Silver Tower in the in the Magnificent Mile neighborhood starting from $3,750. The second greatest value River North apartment is the 1 Bedroom Model at The Gallery on Wells starting at $3,100 with a $2.99 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.
303 W Ohio St, Unit Silver Tower303 W Ohio St2BR,2BA$3.26
The Gallery on Wells1 Bedroom1BR,1BA$2.99
10 E. Ontario St.1 Bedroom1BR,1BA$2.11
100 West Chestnut Apartments2 Bed / 1 Bath2BR,1BA$3.45
21 E Chestnut1 Bed - 1 Bath1BR,1BA$3.51
440 N. Wabash Ave.1 Bedroom - 1 Bathroom1BR,1BA$2.53
678 N Orleans St, Unit M02B678 N Orleans StStudio ,1BA$3.13
545 N Dearborn St, Unit 2201B545 N Dearborn St1BR,1BA$3.01
Marina CityOne Bedroom1BR,1BA$2.90
70 W Huron St, Unit 121070 W Huron StStudio ,1BA$3.31

Frequently Asked Questions about River North

What type of rentals are currently available in River North?

There are currently 213 Apartments for Rent in River North, IL with pricing that ranges from $1,286 to $77,776. There are also 399 Single Family Homes for rent, Condos, and Townhome rentals currently available in River North ranging from $1,750 to $24,900.

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 $24,900 with an average monthly rent of $9,601.

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 $4,816 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,200 to $18,500. Four Bedroom Single-Family rentals are also available starting from $6,000 and Four Bedroom Apartments start at $7,000.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.