Cheap Apartments for Rent in the Nichols Neighborhood of Evanston, IL from $900 (91 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Nichols area of Evanston.

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.

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1305 Oak Ave
$1,525 - $1,995
Total Monthly Price

Total Monthly Price

Base Rent
$1,525 - $1,995
Total Monthly Price
$1,525 - $1,995
1 to 2 Bedroom Apartment Available Now

1305 Oak Ave

1305 Oak AveEvanston, IL 60201
Affordability
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1311 Oak Ave
$1,550 - $2,195
Total Monthly Price

Total Monthly Price

Base Rent
$1,550 - $2,195
Total Monthly Price
$1,550 - $2,195
1 to 2 Bedroom Apartment Available Now

1311 Oak Ave

1311 Oak AveEvanston, IL 60201
Affordability

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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property at 1313 Oak Ave

$1,750 - $2,195

1 To 2 Bedroom Condos for Rent

Available Now

1313 Oak Ave

EvanstonIL60201

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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Showing Results 1-50, Page 1 of 2

Nichols, Evanston, IL Local Guide

Cheapest Available Nichols Apartments for Rent

 

The cheapest available apartment rental in the Nichols area of Chicago, IL is a Studio unit found at Main Station Apartments priced from $1,366. 1575 Oak has the second lowest priced unit, which is a Studio apartment currently listed from $1,395. Here are the most affordable Nichols apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Main Station ApartmentsStudio Floor Plan S1Studio,1BA$1,366
1575 OakStudioStudio,1BA$1,395
1410 ChicagoStudioStudio,1BA$1,425
1703-13 Ridge Ave.2 Bedroom - 1 Bathroom2BR,1BA$1,450
BJB Evanston - 1576 OakStudioStudio,1BA$1,495
1500 Chicago AveStudioStudio,1BA$1,500

Best Value Apartments for Rent in Nichols, IL

As of April 22, 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 1124 Maple Ave Model at 1124 Maple Ave, Unit 2 starting at $2,995 with a $2.00 price per square foot in the Southeast Evanston neighborhood. Here is today’s list of the best values for Nichols apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1615-25 Ridge Ave.3 Bedroom - 2 Bathroom3BR,2BA$2.05
1124 Maple Ave, Unit 21124 Maple Ave3BR,1BA$2.00
1703-13 Ridge Ave.4 Bedroom - 1.5 Bathroom4BR,1.5BA$1.77
829 Mulford Street, Unit Furnished Apartment - Unit 1829 Mulford Street2BR,1BA$2.00
312 Lee St312 Lee St2BR,1BA$2.03
408 Custer Ave, Unit 2408 Custer Ave2BR,1BA$1.73
313 Custer Ave, Unit 2313 Custer Ave2BR,1BA$1.20
1033 Dempster St, Unit A06C1033 Dempster St2BR,1BA$2.11
1627-45 Ridge Ave.2 Bedroom - 1 Bathroom2BR,1BA$2.08
1805 Lyons St, Unit 21805 Lyons St1BR,1BA$1.59

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick 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.

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Pet Friendly Lifestyle
Nichols, Evanston, IL

Ranked #3

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Nichols Apartments

What is the Cheapest Studio apartment in Nichols?

Currently the most affordable Cheap Studio Apartment in Nichols is at Main Station Apartments listed at $1,366.

How much is rent for a Cheap One Bedroom Nichols Apartment?

The lowest price for a Cheap One Bedroom Nichols Apartment is $1,578 at Main Station Apartments.

What is the lowest price for a Cheap Two Bedroom Nichols Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Nichols is starting from $1,450 at 1703-13 Ridge Ave..

What is the most affordable Nichols Three Bedroom Apartment?

The best deal on a cheap Nichols Three Bedroom Apartment rental is at 643 Hinman and starts from $2,300.

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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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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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.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

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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.

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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

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.