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


7628 N Milwaukee Ave, Unit ONE BED

7630 N Milwaukee Ave, Unit ONE BED

8281 W Elizabeth Ave, Unit basement

Legacy Crossings

7632 N Milwaukee Ave, Unit ONE BED
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.

Courts of the Fountains

304 W Touhy Ave

Park Ridge Commons

5329 N Central Ave, Unit 1

Glen Oaks Commons

Courtyards On The Park
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.

The GLEN VIEW

6000 W Seminole St

4659 Dobson St

Oak Trails Apartments
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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.
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.
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.
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 | $1,860 | $1,110 | $2,536 |
Cheap Niles 1 Bedroom Apartments | $2,082 | $1,300 | $3,771 |
Cheap Niles 2 Bedroom Apartments | $2,764 | $1,500 | $5,261 |
Cheap Niles 3 Bedroom Apartments | $3,574 | $1,850 | $8,076 |
Cheap Niles 4 Bedroom Apartments | $7,574 | $7,574 | $7,574 |
Browse Top Apartments in Niles
See all Apartments in NilesExplore Niles
Niles, IL Local Guide
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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 $1,429. Legacy Crossings in the Near North Suburban Cook neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,500. Here is today’s list of the most affordable Niles apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Park Ridge Commons | SIX50 | 1BR,1BA | $1,429 |
Legacy Crossings | Holden | Studio,1BA | $1,500 |
Glen Oaks Commons | English Oak | 1BR,1BA | $1,505 |
Garden House | 1 Bed F, G, H, and I | 1BR,1BA | $1,630 |
Best Value Apartments for Rent in Niles, IL
As of October 16, 2025 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 8418 W Oak Ave Model at 8418 W Oak Ave, Unit 3 starting at $2,600 with a $1.37 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. |
---|---|---|---|
860 N Northwest Hwy, Unit 2 | 860 N Northwest Hwy | 3BR,2BA | $1.25 |
8418 W Oak Ave, Unit 3 | 8418 W Oak Ave | 3BR,1.5BA | $1.37 |
4842 Elm St, Unit 3 | 4842 Elm St | 2BR,1BA | $1.54 |
5434 N Lotus Ave, Unit 02 | 5434 N Lotus Ave | 3BR,1BA | $1.77 |
10380 Michael Todd Terrace, Unit 2E | 10380 Michael Todd Terrace | 2BR,1BA | $1.55 |
5329 N Central Ave, Unit 1 | 5329 N Central Ave | 1BR,1BA | $1.50 |
5834 N Nagle Ave, Unit FL2 | 5834 N Nagle Ave | 2BR,1BA | $1.70 |
Courtyards On The Park | 2x1 Upgrade | 2BR,1BA | $1.78 |
9434 Bay Colony Dr, Unit 1W | 9434 Bay Colony Dr | 2BR,1BA | $1.79 |
8281 W Elizabeth Ave, Unit basement | 8281 W Elizabeth Ave | 2BR,1BA | $1.76 |
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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How much rent can you afford?
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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
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 $1,489 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 $1,665 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 Glen Oaks Commons and starts from $2,494.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.