
Cheap Apartments for Rent in Niles, IL from $700 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Niles.


Total Monthly Price
7628 N Milwaukee Ave, Unit ONE BED

Total Monthly Price
7630 N Milwaukee Ave, Unit ONE BED

Legacy Crossings

Nordica Apartments

6911 N Rosemary Ln

Celebrate Senior Living

Total Monthly Price
Courts of the Fountains
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.

304 W Touhy Ave

2032 Linden Ave

Total Monthly Price
6827 W Devon Ave, Unit garden apt.

2525 E Ballard Rd

Park Ridge Commons

Total Monthly Price
5939 N Northwest Hwy, Unit #3A

Total Monthly Price
5370 N Central Ave, Unit Gardenlevel

Courtyards On The Park
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.

Total Monthly Price
5757 N Elston Ave, Unit 2R

Total Monthly Price
510 S NW Hwy, Unit #2W

5252 N Ludlam Ave

Glen Oaks Commons

The Residences at Sawmill Station

6000 W Seminole St

Oak Trails Apartments

5935 N Northwest Hwy
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!

6173-6179 N Northwest Hwy

Park Colony Apartments

5705 - 5713 West Catalpa Avenue

Glenview West

1710-1716 W Touhy Ave

7225-7229 W Higgins Ave

8309 Keating Ave

Crain Apartments
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.

10201 Dearlove Rd

Glenwest Apartments

6752 N Sauganash Ave

6654 W Devon Ave

Cagan Skokie Apartments

5651 N Miltimore Ave

6874 N NW Highway

2 S. Greenwood
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

8255 Skokie Boulevard

386 Oak Trails Rd
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 | $1,920 | $1,180 | $3,765 |
| Cheap Niles 1 Bedroom Apartments | $2,303 | $1,300 | $5,960 |
| Cheap Niles 2 Bedroom Apartments | $2,882 | $1,450 | $5,393 |
| Cheap Niles 3 Bedroom Apartments | $3,535 | $1,750 | $10,000+ |
| Cheap Niles 4 Bedroom Apartments | $10,103 | $10,000 | $10,000+ |
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
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 304 W Touhy Ave | Jr. 1 Bedroom, #34 | 1BR,1BA | $1,450 |
| Park Ridge Commons | SEVEN60 | 1BR,1BA | $1,479 |
Best Value Apartments for Rent in Niles, IL
As of March 05, 2026 the best value apartment in the Niles area is the $1.25 price per square foot 860 N Northwest Hwy Model at 860 N Northwest Hwy, Unit 2 in the in the Northwest Chicago neighborhood starting from $2,740. The second greatest value Niles apartment is the 5408 Harvard Ter Model at 5408 Harvard Ter, Unit H starting at $3,150 with a $1.50 price per square foot in the Forest Glen 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. |
|---|---|---|---|
| 860 N Northwest Hwy, Unit 2 | 860 N Northwest Hwy | 3BR,2BA | $1.25 |
| 5408 Harvard Ter, Unit H | 5408 Harvard Ter | 3BR,1BA | $1.50 |
| 5030 Carol St, Unit Unit 1 | 5030 Carol St | 3BR,2BA | $1.44 |
| 5545 N Luna Ave, Unit 1 | 5545 N Luna Ave | 2BR,1BA | $1.75 |
| Glen Oaks Commons | White Oak | 2BR,2BA | $1.71 |
| Oak Trails Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.45 |
| 10380 Michael Todd Terrace | 10380 Michael Todd Terrace | 2BR,1BA | $1.55 |
| 5757 N Elston Ave, Unit 2R | 5757 N Elston Ave | 2BR,1BA | $1.50 |
| 5939 N Northwest Hwy, Unit #3A | 5939 N Northwest Hwy | 2BR,1BA | $1.45 |
| 510 S NW Hwy, Unit #2W | 510 S NW Hwy | 1BR,1BA | $1.67 |
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.
Read ArticleBest 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
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleA 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
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Niles, IL Rentals by Map
See the most popular apartments and homes in Niles, IL
Frequently Asked Questions about Cheap Niles Apartments
How much is rent for a Cheap One Bedroom Niles Apartment?
The lowest price for a Cheap One Bedroom Niles Apartment is $1,450 at 304 W Touhy Ave.
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 $3,150.
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

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.

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.

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.

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

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.

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.

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.