Cheap Homes for Rent in the Nichols Neighborhood of Evanston, IL from $1,200 (59 Rentals)

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

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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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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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 1000 Hinman priced from $1,395. 1703-13 Ridge Ave. has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,450. Here are the most affordable Nichols apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
1000 Hinman0BR/1.0BAStudio,1BA$1,395
1703-13 Ridge Ave.2 Bedroom - 1 Bathroom2BR,1BA$1,450
1615-25 Ridge Ave.2 Bedroom - 1 Bathroom2BR,1BA$1,550
1576 OakStudioStudio,1BA$1,575
Evanston Neighborhood PropertiesStudioStudio,1BA$1,595
Main Station Apartments1 Bedroom Floor Plan A11BR,1BA$1,606
1575 Oak1 Bedroom / 1 Bathroom1BR,1BA$1,725
Presidential ApartmentsOne Bedroom1BR,1BA$1,825
620 Church St1BR1BR,1BA$1,825

Best Value Apartments for Rent in Nichols, IL

As of July 22, 2026 the best value apartment in the Nichols area is the $1.67 price per square foot 1228 Forest Ave Model at 1228 Forest Ave, Unit #3 in the in the Evanston neighborhood starting from $3,675. The second greatest value Nichols apartment is the 1235 Ridge Ave Model at 1235 Ridge Ave, Unit Coach House Apartment starting at $3,500 with a $2.19 price per square foot in the 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.
1228 Forest Ave, Unit #31228 Forest Ave3BR,2BA$1.67
1235 Ridge Ave, Unit Coach House Apartment1235 Ridge Ave4BR,1.5BA$2.19
1615-25 Ridge Ave.4 Bedroom - 2 Bathroom4BR,2BA$1.82
1703-13 Ridge Ave.4 Bedroom - 1.5 Bathroom4BR,1.5BA$1.77
1130 Maple Ave, Unit 31130 Maple Ave3BR,1BA$1.89
2031 Church St, Unit #22031 Church St3BR,2BA$1.74
312 Lee St, Unit 2312 Lee St2BR,1BA$2.00
605 Hinman3BR/2.0BA3BR,2BA$1.86
1132 Maple Ave, Unit 21132 Maple Ave3BR,1BA$2.20
701 Oakton St, Unit 5701 Oakton St2BR,1.5BA$1.59

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

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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

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 333 Apartments for Rent in Nichols, IL with pricing that ranges from $1,350 to $9,999. There are also 154 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nichols ranging from $1,200 to $11,000.

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 $1,200 to $11,000 with an average monthly rent of $4,178.

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.

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