Cheap Homes for Rent in Nichols Neighborhood of Evanston, IL from $1,000 (44 Rentals)

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

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 901 Austin St

901 Austin St

EvanstonIL60202
property at 1452 Oak Ave

1452 Oak Ave

EvanstonIL60201

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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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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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 Evanston Neighborhood Properties priced from $1,145. 1000 Hinman has the second lowest priced unit, which is a Studio apartment currently listed from $1,345. Here are the most affordable Nichols apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Evanston Neighborhood PropertiesStudioStudio,1BA$1,145
1000 Hinman0BR/1.0BAStudio,1BA$1,345
529 Michigan1 Bedroom1BR,1BA$1,350
Renovated Units Blocks From The Lake1BR/1.0BA1BR,1BA$1,395
Updated Apartments Located at 800 Michigan1BR/1.0BA1BR,1BA$1,495
910-916 Judson1BR/1.0BA1BR,1BA$1,495
Main Station Apartments1 Bedroom Floor Plan A21BR,1BA$1,524

Best Value Apartments for Rent in Nichols, IL

As of October 22, 2025 the best value apartment in the Nichols area is the $2.10 price per square foot A Tier Model at Cheltenham Court Mansions in the in the Southeast Evanston neighborhood starting from $4,195. The second greatest value Nichols apartment is the 2018 Lake St Model at 2018 Lake St, Unit Apt 2 starting at $3,300 with a $2.06 price per square foot in the Downtown 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.
Cheltenham Court MansionsA Tier3BR,3BA$2.10
2018 Lake St, Unit Apt 22018 Lake St3BR,2BA$2.06
1615-25 Ridge Ave.3 Bedroom - 2 Bathroom3BR,2BA$1.69
910-916 Judson3BR/2.0BA3BR,2BA$1.79
929 Michigan3BR/2.0BA3BR,2BA$1.79
1452 Oak Ave, Unit 07-3N1452 Oak Ave3BR,1BA$2.09
408 Custer Ave, Unit 2408 Custer Ave2BR,1BA$1.73
Renovated Units Blocks From The Lake2BR/1.0BA2BR,1BA$1.79
1310 Hinman Ave, Unit 2r1310 Hinman Ave1BR,1BA$1.67
529 Michigan1 Bedroom1BR,1BA$1.93

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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 #2

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Nichols

What type of rentals are currently available in Nichols?

There are currently 335 Apartments for Rent in Nichols, IL with pricing that ranges from $1,145 to $6,000. There are also 117 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nichols ranging from $1,095 to $8,000.

What is the current price range for Rental Homes in Nichols?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Nichols ranges from $1,095 to $8,000 with an average monthly rent of $3,193.

How much are larger Three and Four Bedroom Rentals in Nichols?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Nichols range from $2,050 to $5,126, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,250 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,795 and Four Bedroom Apartments start at $4,300.

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.

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.