
Cheap Homes for Rent in Niles, IL from $400 (33 Rentals)
Search the lowest-cost Homes available for rent right now in Niles.


4641 N Paulina St, Unit 107

6407 N Oak Park Ave

8407 W Dempster St

6125 W Rosedale Ave

5940 N Odell Ave, Unit A1

7050 W Higgins Ave

6244 N Harlem Ave
The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

8500 Waukegan Rd, Unit 21

8504 Waukegan Rd, Unit 3

10353 Dearlove Rd

8504 Waukegan Rd, Unit 10

9074 W Terrace Dr

10479 Dearlove Rd, Unit 2A

9619 Bianco Terrace

2032 Linden Ave, Unit A
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

5204 N Ludlam Ave, Unit G

5645 N Central Ave

7101 W Foster Pl

2000 Parkside Dr

6788 N Sauganash Ave

2200 W Oakton St

7323 W Higgins Ave

4120 Williamsburg Ct
Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

7105 W Foster Pl

1779 Rand Rd

400 Ascot Dr

5540 N Luna Ave

4629 Main St

2308 Oakton St

2610 Oakton St

5259 N Leamington Ave
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.

4817 Hull 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 | $2,259 | $1,400 | $5,500 |
| Niles 3 Bedroom Homes for Rent | $3,435 | $1,800 | $6,500 |
| Niles 4 Bedroom Homes for Rent | $3,957 | $3,500 | $5,000 |
| Niles 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
| Niles 6 Bedroom Homes for Rent | $11,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Niles
Explore Niles
Niles, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Best Value Homes for Rent in Niles, IL
As of September 17, 2026 the best value rental home in the Niles area is the $1.68 price per square foot 172 N East River Rd Model at 172 N East River Rd in the Metropolitan Square neighborhood starting from $3,300. The second greatest value Niles rental home is the 4915 Jerome Ave Model at 4915 Jerome Ave in the Skokie neighborhood starting at $3,500 with a $2.28 price per square foot. Here is today’s list of the best values for Niles homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 172 N East River Rd | 172 N East River Rd | 3BR, 2.5BA | $1.68 |
| 4915 Jerome Ave | 4915 Jerome Ave | 5BR, 2.5BA | $2.28 |
| 7528 Emerson St | 7528 Emerson St | 3BR, 2BA | $2.30 |
| 6230 W Foster Ave | 6230 W Foster Ave | 3BR, 2BA | $2.00 |
| 2142 Rugen Rd | 2142 Rugen Rd | 2BR, 1.5BA | $1.93 |
| 8029 W Lyons St | 8029 W Lyons St | 3BR, 1.5BA | $2.19 |
| 4843 Elm St | 4843 Elm St | 3BR, 2BA | $2.26 |
| 9035 Delphia Ave | 9035 Delphia Ave | 1BR, 1BA | $0.40 |
| 4817 Hull St, Unit 1 | 4817 Hull St | 2BR, 1BA | $2.00 |
| 10479 Dearlove Rd, Unit 2A | 10479 Dearlove Rd | 2BR, 1BA | $1.99 |
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.
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 546 Apartments for Rent in Niles, IL with pricing that ranges from $1,180 to $9,846. There are also 126 Single Family Homes for rent, Condos, and Townhome rentals currently available in Niles ranging from $400 to $11,000.
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 $400 to $11,000 with an average monthly rent of $2,811.
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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Written by: Nicole Harms
When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Written by: Nicole Harms
I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Written by: Nicole Harms
Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.