Cheap Homes for Rent in Niles, IL from $1,300 (25 Rentals)

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Niles, IL Local Guide

Cheapest Available Niles Apartments for Rent

 

The cheapest available apartment rental in Niles, IL is a Studio unit found at 5651 N Miltimore Ave in the Jefferson Park neighborhood priced from $1,250. 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 $1,499. Here is today’s list of the most affordable Niles apartments for rent:

Apartment ListingModel NameBed/BathPriced From
5651 N Miltimore AveStudioStudio,1BA$1,250
Park Ridge CommonsSEVEN601BR,1BA$1,499
Legacy CrossingsHoldenStudio,1BA$1,500
Glen Oaks CommonsEnglish Oak1BR,1BA$1,510
Oak Trails Apartments2 Bedroom, 2 Bath2BR,2BA$1,600

Best Value Apartments for Rent in Niles, IL

As of August 03, 2025 the best value apartment in the Niles area is the $1.53 price per square foot 4827 Elm St Model at 4827 Elm St, Unit 2 in the in the Near North Suburban Cook neighborhood starting from $2,600. The second greatest value Niles apartment is the 4815 Crain St Model at 4815 Crain St, Unit 404 starting at $2,450 with a $1.63 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 ListingModel NameBed/BathPrice Per Sq.Ft.
4827 Elm St, Unit 24827 Elm St3BR,1.5BA$1.53
4815 Crain St, Unit 4044815 Crain St3BR,2BA$1.63
6115 N Meade Ave, Unit 26115 N Meade Ave3BR,1BA$1.54
6408 W Raven St, Unit 16408 W Raven St3BR,1.5BA$1.85
5639 Austin N Ave, Unit 25639 Austin N Ave3BR,1BA$1.79
10380 Michael Todd Terrace, Unit 2E10380 Michael Todd Terrace2BR,1BA$1.55
Oak Trails Apartments2 Bedroom, 2 Bath2BR,2BA$1.45
5930 N Northwest Hwy, Unit #1A5930 N Northwest Hwy2BR,1BA$1.50
Courtyards On The Park2x1 Upgrade2BR,1BA$1.84
5831 N Moody Ave, Unit 15831 N Moody Ave1BR,1BA$1.68

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Frequently Asked Questions about Niles

What type of rentals are currently available in Niles?

There are currently 526 Apartments for Rent in Niles, IL with pricing that ranges from $1,110 to $11,090. There are also 93 Single Family Homes for rent, Condos, and Townhome rentals currently available in Niles ranging from $1,350 to $8,000.

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 $1,350 to $8,000 with an average monthly rent of $2,777.

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 $8,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $8,000. Four Bedroom Single-Family rentals are also available starting from $2,895 and Four Bedroom Apartments start at $10,000.

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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