
Cheap Apartments for Rent in Niles, IL from $700 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Niles.


Legacy Crossings

Courts of the Fountains

4858 Lee St

10404 Michael Todd Terrace

5651 N Miltimore Ave
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.

5831 N Moody Ave, Unit 1

10380 Michael Todd Terrace, Unit GE

Park Ridge Commons

Courtyards On The Park

7052 W Higgins Ave

8140 Keating Ave, Unit Garden
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.

5930 N Northwest Hwy, Unit #1A

8500 Waukegan Rd, Unit 5

8504 Waukegan Rd, Unit 3

3223 W Lake Ave

8540 Georgiana Ave

The Residences at Sawmill Station

Oak Trails Apartments

5622 N Mango Ave
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.

6552 W Higgins Ave

2555 E Ballard Rd
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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
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 | $1,929 | $1,110 | $5,800 |
Cheap Niles 1 Bedroom Apartments | $2,257 | $1,250 | $4,716 |
Cheap Niles 2 Bedroom Apartments | $3,005 | $1,500 | $6,631 |
Cheap Niles 3 Bedroom Apartments | $3,395 | $1,600 | $8,600 |
Browse Top Apartments in Niles
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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 1 Bed unit found at Park Ridge Commons in the Near North Suburban Cook neighborhood priced from $1,389. 304 W Touhy Ave in the Edison neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,450. Here is today’s list of the most affordable Niles apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Park Ridge Commons | FIVE35 | 1BR,1BA | $1,389 |
304 W Touhy Ave | Jr. 1 Bedroom, #34 | 1BR,1BA | $1,450 |
Legacy Crossings | Holden | Studio,1BA | $1,500 |
Glen Oaks Commons | English Oak | 1BR,1BA | $1,510 |
Garden House | 1 Bed F, G, H, and I | 1BR,1BA | $1,630 |
Best Value Apartments for Rent in Niles, IL
As of July 15, 2025 the best value apartment in the Niles area is the $1.17 price per square foot 851 N Northwest Hwy Model at 851 N Northwest Hwy, Unit 2 in the starting from $2,840. The second greatest value Niles apartment is the 5530 N Mango Ave Model at 5530 N Mango Ave, Unit 1 starting at $2,200 with a $1.38 price per square foot in the Jefferson Park 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. |
---|---|---|---|
851 N Northwest Hwy, Unit 2 | 851 N Northwest Hwy | 3BR,2BA | $1.17 |
5530 N Mango Ave, Unit 1 | 5530 N Mango Ave | 3BR,1BA | $1.38 |
6241 N Sayre Ave, Unit North Sayre | 6241 N Sayre Ave | 3BR,2BA | $1.80 |
6115 N Meade Ave, Unit 2 | 6115 N Meade Ave | 3BR,1BA | $1.54 |
5250 N Lieb Ave, Unit 2 | 5250 N Lieb Ave | 2BR,1BA | $1.54 |
4842 Elm St, Unit 3 | 4842 Elm St | 2BR,1BA | $1.54 |
8022 Oriole Ave, Unit 1 floor | 8022 Oriole Ave | 2BR,1.5BA | $1.75 |
5930 N Northwest Hwy, Unit #1A | 5930 N Northwest Hwy | 2BR,1BA | $1.50 |
10380 Michael Todd Terrace, Unit GE | 10380 Michael Todd Terrace | 1BR,1BA | $1.44 |
5831 N Moody Ave, Unit 1 | 5831 N Moody Ave | 1BR,1BA | $1.82 |
Quick Rent Budget Calculator
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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 $1,450 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 $1,709 at Park Ridge 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 $3,294.
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
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.