
Cheap Apartments for Rent in the Nichols Neighborhood of Evanston, IL from $900 (126 Rentals)
Search the lowest-cost Apartments available for rent right now in the Nichols area of Evanston.


1400 Chicago Ave, Unit 602

1400 Chicago Ave, Unit 501

1627-45 Ridge Ave.

727 Hinman Ave, Unit 3E

800 Custer Ave, Unit 3H

Presidential Apartments

1703-13 Ridge Ave.

Total Monthly Price
708 Seward St, Unit 2S

1575 Oak
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.

Total Monthly Price
1726 Sherman Ave, Unit #2

Total Monthly Price
730 Reba Pl, Unit 1B

BJB Evanston - 1576 Oak

Total Monthly Price
935 Forest Ave, Unit 2F

Main Station Apartments

Evanston Neighborhood Properties

905 Elmwood Ave, Unit 07-D3

905 Elmwood Ave, Unit 09-O2

905 Elmwood Ave, Unit 09-K3

909 Elmwood Ave, Unit K3
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.

905 Elmwood Ave, Unit 11-J1

802 Dempster St

1452 Oak Ave, Unit 54-G

1125 Davis St./ 1603-11 Ridge Ave.

712 Seward St, Unit 12-2N

800 Custer Ave, Unit 2D

800 Custer Ave, Unit 3A

800 Custer Ave, Unit 2B

911 Elmwood Ave, Unit E3

905 Elmwood Ave, Unit 09-O3
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.

822 Reba Pl

905 Elmwood Ave, Unit 11-E3

932 Judson Ave, Unit E1

905 Elmwood Ave, Unit 11-N3

1410 Chicago

Maple Grove Apartments

1400 Chicago Ave, Unit 206

1400 Chicago Ave, Unit 204

1400 Chicago Ave, Unit 407

1025 Dempster St, Unit 1031-E3
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.

805 Dempster St, Unit E4

Total Monthly Price
1033 Dempster Street

908 Reba Pl, Unit 12-2

908 Reba Pl, Unit 16-1N

908 Reba Pl, Unit 18-2S

1025 Dempster St, Unit 1031-E3

828 Reba Pl, Unit 28-2S

828 Reba Pl, Unit 28-3S

828 Reba Pl, Unit 32-1N

548 Sherman Ave, Unit 48-1
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.
Nichols, Evanston, IL Local Guide

How much does it cost to rent an apartment in Nichols?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Nichols Studio Apartments | $2,390 | $1,450 | $2,978 |
| Nichols 1 Bedroom Apartments | $2,714 | $1,425 | $5,193 |
| Nichols 2 Bedroom Apartments | $3,357 | $1,450 | $5,356 |
| Nichols 3 Bedroom Apartments | $3,752 | $2,395 | $6,612 |
| Nichols 4 Bedroom Apartments | $3,064 | $2,295 | $3,995 |
Browse Apartments in this Neighborhood
There are currently 126 rentals with your search options within a 1 mile radius of the Nichols Neighborhood of Evanston, IL.
See all Apartments in EvanstonExplore Evanston
Nichols, Evanston, IL Local Guide
- Nearby Evanston neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Nichols Apartments for Rent
 The cheapest available apartment rental in the Nichols area of Chicago, IL is a 2 Beds unit found at 1703-13 Ridge Ave. priced from $1,450. 1575 Oak has the second lowest priced unit, which is a Studio apartment currently listed from $1,475. Here are the most affordable Nichols apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1703-13 Ridge Ave. | 2 Bedroom - 1 Bathroom | 2BR,1BA | $1,450 |
| 1575 Oak | Studio | Studio,1BA | $1,475 |
| BJB Evanston - 1576 Oak | Studio | Studio,1BA | $1,575 |
| Main Station Apartments | 1 Bedroom Floor Plan A1 | 1BR,1BA | $1,591 |
| Evanston Neighborhood Properties | Studio | Studio,1BA | $1,595 |
| 1125 Davis St./ 1603-11 Ridge Ave. | 1 Bedroom - 1 Bathroom | 1BR,1BA | $1,650 |
| 1410 Chicago | 1 Bedroom / 1 Bathroom | 1BR,1BA | $1,695 |
| Maple Grove Apartments | Studio Floor Plan S1 | Studio,1BA | $1,737 |
| Presidential Apartments | One Bedroom | 1BR,1BA | $1,765 |
Best Value Apartments for Rent in Nichols, IL
As of June 06, 2026 the best value apartment in the Nichols area is the $2.05 price per square foot 3 Bedroom - 2 Bathroom Model at 1615-25 Ridge Ave. in the in the Northwestern neighborhood starting from $3,150. The second greatest value Nichols apartment is the 4 Bedroom - 1.5 Bathroom Model at 1703-13 Ridge Ave. starting at $2,595 with a $1.77 price per square foot in the Northwestern neighborhood. Here is today’s list of the best values for Nichols apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1615-25 Ridge Ave. | 3 Bedroom - 2 Bathroom | 3BR,2BA | $2.05 |
| 1703-13 Ridge Ave. | 4 Bedroom - 1.5 Bathroom | 4BR,1.5BA | $1.77 |
| 1130 Maple Ave, Unit 3 | 1130 Maple Ave | 3BR,1BA | $1.96 |
| 605 Hinman | 3BR/2.0BA | 3BR,2BA | $2.10 |
| 1032 Maple Ave, Unit 2 | 1032 Maple Ave | 3BR,1BA | $2.29 |
| 1500 Chicago Ave | 2 Bed 1 Bath | 2BR,1BA | $2.45 |
| 800 Michigan | 1BR/1.0BA | 1BR,1BA | $1.95 |
| 708 Seward St, Unit 2S | 708 Seward St | 1BR,1BA | $1.61 |
| 1125 Davis St./ 1603-11 Ridge Ave. | 1 Bedroom - 1 Bathroom | 1BR,1BA | $2.32 |
| Presidential Apartments | One Bedroom | 1BR,1BA | $2.52 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleNichols, Evanston, IL
Ranked #3
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Nichols Apartments
What is a cheap apartment in Nichols?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Nichols is under $1,765.
What is the price of a cheap apartment in Nichols?
The cheapest apartment in Nichols is Main Station Apartments which is listed at $1,591, while the average apartment in Nichols costs $3,425.
What types of apartments are the cheapest in Nichols?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16 regular apartments in Nichols that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Nichols?
Cheap apartments in Nichols have an average cost of $725 which is $2,700 cheaper than the average rent for all rentals in Nichols.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.