Cheap Apartments for Rent in Niles, IL from $700 (81 Rentals)

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

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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
  • Utilities Included

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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8850 N Wisner St
2 Bedroom Apartments

8850 N Wisner St

8850 N Wisner StNiles, IL 60714
  • Utilities Included

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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Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

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5935 N Northwest Hwy
Studio to 2 Bedroom Apartments

5935 N Northwest Hwy

5935 N Northwest HwyChicago, IL 60631
  • Utilities Included
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6173-6179 N Northwest Hwy
Studio Apartments

6173-6179 N Northwest Hwy

6173-6179 N Northwest HwyChicago, IL 60631
  • Utilities Included
  • Smoke Free

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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Showing Results 1-50, Page 1 of 2

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 Glen Oaks Commons in the Near North Suburban Cook neighborhood priced from $1,530. 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 $1,579. Here is today’s list of the most affordable Niles apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Glen Oaks CommonsEnglish Oak1BR,1BA$1,530
Park Ridge CommonsSEVEN601BR,1BA$1,579
Courtyards On The Park1x1 Upgrade1BR,1BA$1,595
Garden House Apartments1 Bed F, G, H, and I1BR,1BA$1,630
The MonarchS2Studio,1BA$1,640

Best Value Apartments for Rent in Niles, IL

As of April 20, 2026 the best value apartment in the Niles area is the $1.85 price per square foot 5250 N Lieb Ave Model at 5250 N Lieb Ave, Unit Unit1 in the in the Dunning neighborhood starting from $2,400. The second greatest value Niles apartment is the 8022 Oriole Ave Model at 8022 Oriole Ave, Unit 1 floor starting at $2,275 with a $1.90 price per square foot in the Edison 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.
5250 N Lieb Ave, Unit Unit15250 N Lieb Ave2BR,1BA$1.85
8022 Oriole Ave, Unit 1 floor8022 Oriole Ave3BR,1.5BA$1.90
10380 Michael Todd Terrace10380 Michael Todd Terrace2BR,1BA$1.55
The GLEN VIEW2 Bedroom2BR,1BA$2.10
1316 Carol St, Unit 1312-1A - TWO BEDS1316 Carol St2BR,1BA$1.95
5939 N Northwest Hwy, Unit #3A5939 N Northwest Hwy2BR,1BA$1.44
1401 Carol St, Unit 11401 Carol St2BR,1BA$1.90
5624 N Marmora Ave, Unit 1a5624 N Marmora Ave1BR,1BA$1.79
Park Ridge CommonsSEVEN601BR,1BA$2.08
Glen Oaks CommonsEnglish Oak1BR,1BA$2.04

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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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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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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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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 The Monarch listed at $1,640.

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

The lowest price for a Cheap One Bedroom Niles Apartment is $1,530 at Glen Oaks 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 $1,815 at Courtyards On The Park.

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 $3,071.

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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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.