
Cheap Homes for Rent in Niles, IL from $1,300 (25 Rentals)
Search the lowest-cost Homes available for rent right now in Niles.


1805 W Touhy Ave

9380 Bay Colony Dr

4641 N Paulina St

8500 Waukegan
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.

10378 Michael Todd Terrace

6800 N Overhill Ave

9701 N Dee Rd

9098 W Terrace Dr

8923 Knight Ave

9802 Bianco Terrace
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.

5839 N Marmora Ave

10473 Dearlove Rd, Unit 1

8854 N Chester Ave

4629 Main St

9310 Hamilton Ct
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.

1316 Carol St

10471 Dearlove Rd

10369 Dearlove Rd

6587 N Northwest Hwy

9470 Bay Colony Dr

5309 W Devon Ave

9381 Bay Colony Dr
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.

4837 Lee St, Unit 1
Niles, IL Local Guide

How much does it cost to rent a home in Niles?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Niles 2 Bedroom Homes for Rent | $2,388 | $1,450 | $4,000 |
Niles 3 Bedroom Homes for Rent | $3,111 | $2,300 | $8,000 |
Niles 4 Bedroom Homes for Rent | $4,127 | $2,895 | $5,800 |
Niles 5 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
Browse Top Homes for Rent in Niles
Explore 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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
5651 N Miltimore Ave | Studio | Studio,1BA | $1,250 |
Park Ridge Commons | SEVEN60 | 1BR,1BA | $1,499 |
Legacy Crossings | Holden | Studio,1BA | $1,500 |
Glen Oaks Commons | English Oak | 1BR,1BA | $1,510 |
Oak Trails Apartments | 2 Bedroom, 2 Bath | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
4827 Elm St, Unit 2 | 4827 Elm St | 3BR,1.5BA | $1.53 |
4815 Crain St, Unit 404 | 4815 Crain St | 3BR,2BA | $1.63 |
6115 N Meade Ave, Unit 2 | 6115 N Meade Ave | 3BR,1BA | $1.54 |
6408 W Raven St, Unit 1 | 6408 W Raven St | 3BR,1.5BA | $1.85 |
5639 Austin N Ave, Unit 2 | 5639 Austin N Ave | 3BR,1BA | $1.79 |
10380 Michael Todd Terrace, Unit 2E | 10380 Michael Todd Terrace | 2BR,1BA | $1.55 |
Oak Trails Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.45 |
5930 N Northwest Hwy, Unit #1A | 5930 N Northwest Hwy | 2BR,1BA | $1.50 |
Courtyards On The Park | 2x1 Upgrade | 2BR,1BA | $1.84 |
5831 N Moody Ave, Unit 1 | 5831 N Moody Ave | 1BR,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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.