Cheap Apartments for Rent in Niles, IL from $700 (109 Rentals)

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Search the lowest-cost Apartments available for rent right now in Niles.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Nordica Apartments
1 to 3 Bedroom Apartments

Nordica Apartments

7740-7860 N Nordica AveNiles, IL 60714
  • Utilities Included
  • Smoke Free
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6911 N Rosemary Ln
2 Bedroom Apartments

6911 N Rosemary Ln

6911 N Rosemary LnNiles, IL 60714
  • Utilities Included
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Celebrate Senior Living
Studio to 1 Bedroom Apartments

Celebrate Senior Living

7000 N Newark AveNiles, IL 60714
Senior Living
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8850 N Wisner St
2 Bedroom Apartments

8850 N Wisner St

8850 N Wisner StNiles, IL 60714
  • Utilities Included
property at 9035 Delphia Ave

$400

Total Monthly Price

Total Monthly Price

Base Rent
$400

Total Monthly Price
$400

1 Bedroom, 1 Bath Home for Rent

Available Now

9035 Delphia Ave

Des PlainesIL60016

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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5329 N Central Ave, Unit 1
$1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500
1 Bedroom Apartment Available Aug 1

5329 N Central Ave, Unit 1

5329 N Central AveChicago, IL 60630
Cost Per Sq.Ft.
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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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property at 8923 Knight Ave

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

1 Bedroom, 1 Bath Condo for Rent

Available Aug 15

8923 Knight Ave

Des PlainesIL60016
property at 9822 Bianco Ter

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 1 Bath Condo for Rent

Available Now

9822 Bianco Ter, Unit A

9822 Bianco Ter
Des PlainesIL60016

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.

Niles, IL Local Guide

Cheapest Available Niles Apartments for Rent

 

The cheapest available apartment rental in Niles, IL is a 1 Bed unit found at Courtyards On The Park in the Near North Suburban Cook neighborhood priced from $1,445. Glenwest Apartments in the Techny neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,500. Here is today’s list of the most affordable Niles apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Courtyards On The Park1x1 Upgrade1BR,1BA$1,445
Glenwest ApartmentsModel A1BR,1BA$1,500
Oak Trails Apartments2 Bedroom, 2 Bath2BR,2BA$1,600
Garden House Apartments1 Bed F, G, H, and I1BR,1BA$1,630
Legacy CrossingsAlcoveStudio,1BA$1,650
Lotus Gardens Apartments1 Bedroom Renovated1BR,1BA$1,650

Best Value Apartments for Rent in Niles, IL

As of July 20, 2026 the best value apartment in the Niles area is the $1.14 price per square foot 5025 Carol St Model at 5025 Carol St, Unit Top floor in the in the Skokie neighborhood starting from $2,500. The second greatest value Niles apartment is the 1121 N Northwest Hwy Model at 1121 N Northwest Hwy, Unit 3 starting at $3,000 with a $1.76 price per square foot in the Park Ridge neighborhood. Here is today’s list of the best values for Niles apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5025 Carol St, Unit Top floor5025 Carol St3BR,2BA$1.14
1121 N Northwest Hwy, Unit 31121 N Northwest Hwy1BR,1BA$1.76
907 N Northwest Hwy, Unit 2907 N Northwest Hwy3BR,1BA$1.73
5620 N Marmora Ave, Unit 15620 N Marmora Ave2BR,1BA$1.43
8022 Oriole Ave, Unit 1 floor8022 Oriole Ave3BR,1.5BA$1.83
Oak Trails Apartments2 Bedroom, 2 Bath2BR,2BA$1.45
10380 Michael Todd Terrace10380 Michael Todd Terrace2BR,1BA$1.45
5991 N Northwest Hwy, Unit APT 3025991 N Northwest Hwy2BR,1BA$1.90
1306 Carol St, Unit TWO BEDROOMS1306 Carol St2BR,1BA$2.00
1302 Carol St, Unit TWO BEDS1302 Carol St2BR,1BA$2.00

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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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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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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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 $1,650.

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

The lowest price for a Cheap One Bedroom Niles Apartment is $1,445 at Courtyards On The Park.

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 $1,600 at Oak Trails Apartments.

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 $3,369.

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

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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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.