
Cheap Homes for Rent in Niles, IL from $1,000 (27 Rentals)
Search the lowest-cost Homes available for rent right now in Niles.


6152 W Rosedale Ave

2525 E Ballard Rd, Unit 203

7632.5 N Milwaukee Ave

8052 N Oriole Ave

7126 W Jarvis Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

8541 Lotus Ave

9074 W Terrace Dr

1425 W Touhy Ave

5680 N Elston Ave, Unit 1F

8805 N Dee Rd

8994 Kennedy Dr
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.

8232 Niles Center Rd, Unit 306

9821 Bianco Terrace

8242 Kilpatrick Ave, Unit 2

8242 Kilpatrick Ave, Unit 1S

8928 Steven Dr

9422 Bay Colony Dr
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.

5523 N Major Ave

1018 Castilian Ct

9430 Bay Colony Dr

9462 Bay Colony Dr, Unit 3rd Floor

9407 Bay Colony Dr

8644 Skokie Blvd, Unit 203
Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

9407 Bay Colony Dr, Unit 2W, Unit 2W

8644 Skokie Blvd, Unit 302

8644 Skokie Blvd
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 | $2,193 | $1,575 | $4,500 |
| Niles 3 Bedroom Homes for Rent | $3,146 | $1,000 | $6,500 |
| Niles 4 Bedroom Homes for Rent | $4,824 | $3,200 | $6,600 |
| Niles 5 Bedroom Homes for Rent | $8,750 | $8,750 | $8,750 |
Browse Top Homes for Rent in Niles
Explore Niles
Niles, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Niles Apartments for Rent
 The cheapest available apartment rental in Niles, IL is a 1 Bed unit found at Glen Oaks Commons in the Near North Suburban Cook neighborhood priced from $1,530. 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 $1,575. Here is today’s list of the most affordable Niles apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Glen Oaks Commons | English Oak | 1BR,1BA | $1,530 |
| Courtyards On The Park | 1x1 Upgrade | 1BR,1BA | $1,575 |
| The Monarch | S2 | Studio,1BA | $1,598 |
| The GLEN VIEW | Studio | Studio,1BA | $1,599 |
| Park Ridge Commons | SEVEN60 | 1BR,1BA | $1,609 |
| Garden House Apartments | 1 Bed F, G, H, and I | 1BR,1BA | $1,630 |
| Lotus Gardens Apartments | 1 Bedroom | 1BR,1BA | $1,650 |
Best Value Apartments for Rent in Niles, IL
As of April 28, 2026 the best value apartment in the Niles area is the $1.85 price per square foot 5250 N Lieb Ave Model at 5250 N Lieb Ave, Unit Unit1 in the in the Dunning neighborhood starting from $2,400. The second greatest value Niles apartment is the 8022 Oriole Ave Model at 8022 Oriole Ave, Unit 1 floor starting at $2,275 with a $1.90 price per square foot in the Edison 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. |
|---|---|---|---|
| 5250 N Lieb Ave, Unit Unit1 | 5250 N Lieb Ave | 2BR,1BA | $1.85 |
| 8022 Oriole Ave, Unit 1 floor | 8022 Oriole Ave | 3BR,1.5BA | $1.90 |
| 10380 Michael Todd Terrace | 10380 Michael Todd Terrace | 2BR,1BA | $1.55 |
| 6042 W Miami Ave, Unit 1st | 6042 W Miami Ave | 2BR,1BA | $1.86 |
| 5833 W Peterson Ave, Unit 1 | 5833 W Peterson Ave | 2BR,1BA | $2.10 |
| 1316 Carol St, Unit 1312-1A - TWO BEDS | 1316 Carol St | 2BR,1BA | $1.95 |
| 1401 Carol St, Unit 1 | 1401 Carol St | 2BR,1BA | $1.90 |
| 5624 N Marmora Ave, Unit 1a | 5624 N Marmora Ave | 1BR,1BA | $1.79 |
| 5719 N Meade Ave, Unit 11 | 5719 N Meade Ave | 2BR,1BA | $2.06 |
| Glen Oaks Commons | English Oak | 1BR,1BA | $2.04 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleBest 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
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleA 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
Read ArticleQuick 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.
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
Frequently Asked Questions about Niles
What type of rentals are currently available in Niles?
There are currently 547 Apartments for Rent in Niles, IL with pricing that ranges from $1,180 to $16,094. There are also 102 Single Family Homes for rent, Condos, and Townhome rentals currently available in Niles ranging from $1,000 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 $1,000 to $8,750 with an average monthly rent of $4,108.
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 $13,664, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $6,500. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $10,000.
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

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.

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.

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.

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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.