
Cheap Apartments for Rent in North Chicago, IL from $400 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in North Chicago.


2417 Sherman Ave

Madison West Apartment

Beechwood at the Preserve

Brookside Knoll

Imperial Tower Apartments

15 Shagbark Rd

3060 Kathe Ln
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.

Briarwood Apartments

129 Franklin St

10 N Sheridan Rd.

Heritage Green

Total Monthly Price
The Chateau Royale

The Lakes at Fountain Square Apartment Homes

3060 Kathe Ln

Forest Pointe Apartments
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.

The Oaks of Lake Bluff

Karcher Artspace Lofts

Forest View Manor

Garden Park Apartments

Washington Manor Apartments

Little Fort Apartments

Lakeside Tower Apartments

Pioneer Park
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.

Emhurst Lake Apartments

Green Valley Apartments

Park Terrace Apartments

415 N Sheridan Rd

Oak Bluff Townhomes

3305 Sunset Ave

1001 W Grand Ave

1701 North Ave
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!

771 Greenview St

Great Lakes Family Housing
North Chicago, IL Local Guide

How much does it cost to rent an apartment in North Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap North Chicago Studio Apartments | $1,141 | $1,050 | $1,211 |
| Cheap North Chicago 1 Bedroom Apartments | $1,462 | $1,065 | $2,203 |
| Cheap North Chicago 2 Bedroom Apartments | $1,839 | $1,200 | $4,747 |
| Cheap North Chicago 3 Bedroom Apartments | $1,975 | $1,400 | $2,261 |
Browse Top Apartments in North Chicago
See all Apartments in North ChicagoExplore North Chicago
North Chicago, IL Local Guide
- North Chicago Neighborhoods
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Cheapest Available North Chicago Apartments for Rent
 The cheapest available apartment rental in North Chicago, IL is a 1 Bed unit found at Briarwood Apartments in the Pleasant Hill neighborhood priced from $1,175. Madison West Apartment in the Waukegan Downtown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here is today’s list of the most affordable North Chicago apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Briarwood Apartments | 1BR/1BA | 1BR,1BA | $1,175 |
| Madison West Apartment | 1 BR / 1 BA | 1BR,1BA | $1,250 |
| Heritage Green | 1BR/1BA | 1BR,1BA | $1,250 |
| 10 N Sheridan Rd. | 1BR/1.0BA | 1BR,1BA | $1,250 |
| Imperial Tower Apartments | The Grand | 1BR,1BA | $1,297 |
| The Oaks of Lake Bluff | One Bedroom | 1BR,1BA | $1,425 |
| The Lakes at Fountain Square Apartment Homes | Ontario | 2BR,1BA | $1,498 |
| Deer Valley Apartments | One Bedroom | 1BR,1BA | $1,806 |
Best Value Apartments for Rent in North Chicago, IL
As of May 02, 2026 the best value apartment in the North Chicago area is the $1.98 price per square foot 215 S Park Ave Model at 215 S Park Ave, Unit 1F in the in the Waukegan Downtown neighborhood starting from $1,980. The second greatest value North Chicago apartment is the The Grand Model at Imperial Tower Apartments starting at $1,297 with a $1.47 price per square foot in the Norshore Park neighborhood. Here is today’s list of the best values for North Chicago apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 215 S Park Ave, Unit 1F | 215 S Park Ave | 3BR,1BA | $1.98 |
| Imperial Tower Apartments | The Grand | 1BR,1BA | $1.47 |
| The Lakes at Fountain Square Apartment Homes | Ontario | 2BR,1BA | $1.70 |
| Madison West Apartment | 1 BR / 1 BA | 1BR,1BA | $1.67 |
| Heritage Green | 1BR/1BA | 1BR,1BA | $1.67 |
| Deer Valley Apartments | One Bedroom | 1BR,1BA | $2.49 |
| The Oaks of Lake Bluff | One Bedroom | 1BR,1BA | $2.04 |
| Briarwood Apartments | 1BR/1BA | 1BR,1BA | $1.72 |
| 10 N Sheridan Rd. | 1BR/1.0BA | 1BR,1BA | $2.08 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 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.
Best Local Schools in North Chicago, IL
Neal Math and Science Academy
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore North Chicago, IL Rentals by Map
See the most popular apartments and homes in North Chicago, IL
Frequently Asked Questions about Cheap North Chicago Apartments
How much is rent for a Cheap One Bedroom North Chicago Apartment?
The lowest price for a Cheap One Bedroom North Chicago Apartment is $1,175 at Briarwood Apartments.
What is the lowest price for a Cheap Two Bedroom North Chicago Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in North Chicago is starting from $1,400 at Briarwood Apartments.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.