
Cheap Apartments for Rent in Niles, IL from $700 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Niles.


8100 Oakton St

Legacy Crossings

Courts of the Fountains

4858 Lee St
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.

8944 Lavergne Ave, Unit 2 south

Courtyards On The Park

1725 Greenwood Rd
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.

8450 Waukegan Rd, Unit 1

5651 N Miltimore Ave

Glen Oaks Commons

Park Ridge Commons

5757 N Elston Ave, Unit 1F

The Residences at Sawmill Station

6000 W Seminole St

Oak Trails Apartments

The GLEN VIEW
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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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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.
Niles, IL Local Guide

How much does it cost to rent an apartment in Niles?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Niles Studio Apartments | $1,811 | $1,110 | $3,354 |
Cheap Niles 1 Bedroom Apartments | $2,253 | $1,300 | $4,019 |
Cheap Niles 2 Bedroom Apartments | $2,987 | $1,400 | $5,746 |
Cheap Niles 3 Bedroom Apartments | $3,652 | $1,950 | $8,340 |
Browse Top Apartments in Niles
See all Apartments in NilesExplore Niles
Niles, IL Local Guide
- Nearby Cities
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Cheapest Available Niles Apartments for Rent
 The cheapest available apartment rental in Niles, IL is a Studio unit found at Legacy Crossings in the Near North Suburban Cook neighborhood priced from $1,500. Park Ridge Commons in the Near North Suburban Cook neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,539. Here is today’s list of the most affordable Niles apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Legacy Crossings | Holden | Studio,1BA | $1,500 |
Park Ridge Commons | SIX50 | 1BR,1BA | $1,539 |
The GLEN VIEW | 1 Bedroom | 1BR,1BA | $1,600 |
Garden House | 1 Bed F, G, H, and I | 1BR,1BA | $1,630 |
Lotus Garden | 1 Bedroom | 1BR,1BA | $1,650 |
Highpoint at 8000 North | S1 | Studio,1BA | $1,837 |
Best Value Apartments for Rent in Niles, IL
As of August 31, 2025 the best value apartment in the Niles area is the $1.63 price per square foot 5639 Austin N Ave Model at 5639 Austin N Ave, Unit 2a in the in the Norwood Park neighborhood starting from $1,950. The second greatest value Niles apartment is the White Oak Model at Glen Oaks Commons starting at $1,909 with a $1.66 price per square foot in the Near North Suburban Cook neighborhood. Here is today’s list of the best values for Niles apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
5639 Austin N Ave, Unit 2a | 5639 Austin N Ave | 3BR,1BA | $1.63 |
Glen Oaks Commons | White Oak | 2BR,2BA | $1.66 |
10380 Michael Todd Terrace, Unit 2E | 10380 Michael Todd Terrace | 2BR,1BA | $1.55 |
1316 Carol St, Unit A | 1316 Carol St | 2BR,1BA | $1.90 |
5730 N McVicker Ave, Unit 1 | 5730 N McVicker Ave | 2BR,1BA | $1.80 |
1401 Carol St, Unit 1 | 1401 Carol St | 2BR,1BA | $1.90 |
5365 N Magnet Ave, Unit 2 | 5365 N Magnet Ave | 2BR,1BA | $1.70 |
1230 Carol St, Unit B | 1230 Carol St | 2BR,1BA | $2.00 |
1302 Carol St, Unit B | 1302 Carol St | 2BR,1BA | $2.00 |
1086 N Northwest Hwy, Unit Garden | 1086 N Northwest Hwy | 1BR,1BA | $2.06 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Niles, IL
Walk Score®
70 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
55 / 100
Bikeable
Some bike infrastructure
Transit Score®
43 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Niles Apartments
What is the Cheapest Studio apartment in Niles?
Currently the most affordable Cheap Studio Apartment in Niles is at Legacy Crossings listed at $1,500.
How much is rent for a Cheap One Bedroom Niles Apartment?
The lowest price for a Cheap One Bedroom Niles Apartment is $1,539 at Park Ridge Commons.
What is the lowest price for a Cheap Two Bedroom Niles Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Niles is starting from $1,909 at Glen Oaks Commons.
What is the most affordable Niles Three Bedroom Apartment?
The best deal on a cheap Niles Three Bedroom Apartment rental is at The Monarch and starts from $3,076.
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.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
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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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.