Cheap Homes for Rent in Nichols Neighborhood of Evanston, IL from $1,200 (68 Rentals)

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Search the lowest-cost Homes 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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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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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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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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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 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 ListingModel NameBed/BathPriced From
1703-13 Ridge Ave.2 Bedroom - 1 Bathroom2BR,1BA$1,450
1575 OakStudioStudio,1BA$1,475
BJB Evanston - 1576 OakStudioStudio,1BA$1,575
Main Station Apartments1 Bedroom Floor Plan A11BR,1BA$1,591
Evanston Neighborhood PropertiesStudioStudio,1BA$1,595
1125 Davis St./ 1603-11 Ridge Ave.1 Bedroom - 1 Bathroom1BR,1BA$1,650
1410 Chicago1 Bedroom / 1 Bathroom1BR,1BA$1,695
Maple Grove ApartmentsStudio Floor Plan S1Studio,1BA$1,737
Presidential ApartmentsOne Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
1615-25 Ridge Ave.3 Bedroom - 2 Bathroom3BR,2BA$2.05
1703-13 Ridge Ave.4 Bedroom - 1.5 Bathroom4BR,1.5BA$1.77
1130 Maple Ave, Unit 31130 Maple Ave3BR,1BA$1.96
605 Hinman3BR/2.0BA3BR,2BA$2.10
1032 Maple Ave, Unit 21032 Maple Ave3BR,1BA$2.29
1500 Chicago Ave2 Bed 1 Bath2BR,1BA$2.45
800 Michigan1BR/1.0BA1BR,1BA$1.95
708 Seward St, Unit 2S708 Seward St1BR,1BA$1.61
1125 Davis St./ 1603-11 Ridge Ave.1 Bedroom - 1 Bathroom1BR,1BA$2.32
Presidential ApartmentsOne Bedroom1BR,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.

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Real 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.

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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 Nichols

What type of rentals are currently available in Nichols?

There are currently 318 Apartments for Rent in Nichols, IL with pricing that ranges from $1,425 to $6,612. There are also 150 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nichols ranging from $1,250 to $7,000.

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 $1,250 to $7,000 with an average monthly rent of $3,454.

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

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.

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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

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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.

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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.

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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.

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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.