Cheap Homes for Rent in Niles, IL from $1,100 (46 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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property at 219 N Grace Ave

219 N Grace Ave

Park RidgeIL60068

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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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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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.

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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 Legacy Crossings in the Near North Suburban Cook neighborhood priced from $1,500. Glen Oaks Commons in the Near North Suburban Cook neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,505. Here is today’s list of the most affordable Niles apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Legacy CrossingsHoldenStudio,1BA$1,500
Glen Oaks CommonsEnglish Oak1BR,1BA$1,505
Park Ridge CommonsEIGHT501BR,1BA$1,519
The GLEN VIEW1 Bedroom1BR,1BA$1,570

Best Value Apartments for Rent in Niles, IL

As of October 27, 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 6408 W Raven St Model at 6408 W Raven St, Unit K01J starting at $2,400 with a $1.85 price per square foot in the Norwood Park 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
6408 W Raven St, Unit K01J6408 W Raven St3BR,1.5BA$1.85
4842 Elm St, Unit 34842 Elm St2BR,1BA$1.54
6408 W Raven St, Unit M04H6408 W Raven St3BR,1.5BA$1.85
10380 Michael Todd Terrace, Unit 2W10380 Michael Todd Terrace2BR,1BA$1.55
5434 N Lotus Ave, Unit 025434 N Lotus Ave3BR,1BA$1.77
1316 Carol St, Unit TWO BEDS1316 Carol St2BR,1BA$1.95
5329 N Central Ave, Unit 15329 N Central Ave1BR,1BA$1.50
5834 N Nagle Ave, Unit FL25834 N Nagle Ave2BR,1BA$1.70
Courtyards On The Park2x1 Upgrade2BR,1BA$1.75

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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Quick Rent Budget Calculator

How much rent can you afford?

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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See the most popular apartments and homes in Niles, IL

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Frequently Asked Questions about Niles

What type of rentals are currently available in Niles?

There are currently 524 Apartments for Rent in Niles, IL with pricing that ranges from $1,110 to $15,418. There are also 142 Single Family Homes for rent, Condos, and Townhome rentals currently available in Niles ranging from $1,100 to $9,000.

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 $1,100 to $9,000 with an average monthly rent of $3,164.

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 $1,850 to $8,275, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,225 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,775 and Four Bedroom Apartments start at $3,000.

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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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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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.