Cheap Homes for Rent in Niles, IL from $1,200 (43 Rentals)

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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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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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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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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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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.

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Showing Results 1-43, Page 1 of 1

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 304 W Touhy Ave in the Edison neighborhood priced from $1,450. Courtyards On The Park in the Near North Suburban Cook neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,467. Here is today’s list of the most affordable Niles apartments for rent:

Apartment ListingModel NameBed/BathPriced From
304 W Touhy AveJunior 1 Bed #341BR,1BA$1,450
Courtyards On The Park1x1 Large Upgrade1BR,1BA$1,467
Park Ridge CommonsEIGHT701BR,1BA$1,489
Legacy CrossingsHoldenStudio,1BA$1,500

Best Value Apartments for Rent in Niles, IL

As of December 12, 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 5408 Harvard Ter Model at 5408 Harvard Ter, Unit 1 starting at $3,150 with a $1.58 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 ListingModel NameBed/BathPrice Per Sq.Ft.
860 N Northwest Hwy, Unit 2860 N Northwest Hwy3BR,2BA$1.25
5408 Harvard Ter, Unit 15408 Harvard Ter3BR,1.5BA$1.58
Glen Oaks CommonsGlen Oak3BR,2BA$1.88
5850 N Mulligan Ave, Unit 15850 N Mulligan Ave3BR,1BA$1.63
10380 Michael Todd Terrace, Unit 2W10380 Michael Todd Terrace2BR,1BA$1.55
1401 Carol St, Unit 11401 Carol St2BR,1BA$1.90
5329 N Central Ave, Unit 15329 N Central Ave1BR,1BA$1.50
10414 Michael Todd Terrace, Unit GS10414 Michael Todd Terrace2BR,1BA$1.50
5354 N Linder Ave, Unit #25354 N Linder Ave2BR,1BA$1.75
5869 N Nagle Ave, Unit Garden5869 N Nagle Ave1BR,1BA$1.72

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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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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Niles, IL Rentals by Map

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Frequently Asked Questions about Niles

What type of rentals are currently available in Niles?

There are currently 529 Apartments for Rent in Niles, IL with pricing that ranges from $1,180 to $15,474. There are also 128 Single Family Homes for rent, Condos, and Townhome rentals currently available in Niles ranging from $1,200 to $8,750.

What is the current price range for Rental Homes in Niles?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Niles ranges from $1,200 to $8,750 with an average monthly rent of $3,079.

How much are larger Three and Four Bedroom Rentals in Niles?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Niles range from $1,900 to $13,282, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $6,805.

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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.