
Cheap Apartments for Rent in North Chicago, IL from $400 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in North Chicago.


16 Maple Ave

415 N Sheridan Rd

1318 Clarkson St, Unit 1318 Clarkson Street

Madison West Apartment

607 N Poplar St
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Imperial Tower Apartments
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North Chicago, IL Local Guide

How much does it cost to rent an apartment in North Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Chicago Studio Apartments | $1,110 | $735 | $1,500 |
| North Chicago 1 Bedroom Apartments | $1,523 | $990 | $2,023 |
| North Chicago 2 Bedroom Apartments | $2,007 | $1,240 | $4,038 |
| North Chicago 3 Bedroom Apartments | $1,892 | $1,499 | $3,165 |
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North Chicago, IL Local Guide
- North Chicago Neighborhoods
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Cheapest Available North Chicago Apartments for Rent and Nearby
 The cheapest available apartment rental in North Chicago, IL is a 1 Bed unit found at 415 N Sheridan Rd in the Waukegan Downtown neighborhood priced from $1,000. Imperial Tower Apartments in the Norshore Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,082. Here is today’s list of the most affordable North Chicago apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 415 N Sheridan Rd | 415 N Sheridan RD | 1BR,1BA | $1,000 |
| Imperial Tower Apartments | The Michigan | Studio,1BA | $1,082 |
| Briarwood Apartments | 1BR/1BA | 1BR,1BA | $1,175 |
| 10 N Sheridan Rd. | 1BR/1.0BA | 1BR,1BA | $1,300 |
| The Lakes at Fountain Square Apartment Homes | Michigan | 1BR,1BA | $1,434 |
Best Value Apartments for Rent in North Chicago, IL and Nearby
As of December 21, 2025 the best value apartment in the North Chicago area is the $2.00 price per square foot 2BR/1.0BA Model at 10 N Sheridan Rd. in the in the Waukegan Downtown neighborhood starting from $2,100. The second greatest value North Chicago apartment is the Two Bedroom, Two Bath (C2) Model at Forest Pointe starting at $1,920 with a $1.90 price per square foot in the Downtown Lake Forest 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. |
|---|---|---|---|
| 10 N Sheridan Rd. | 2BR/1.0BA | 2BR,1BA | $2.00 |
| Forest Pointe | Two Bedroom, Two Bath (C2) | 2BR,2BA | $1.90 |
| Heritage Green | 2BR/1.5BA | 2BR,1.5BA | $1.54 |
| Terrace Oaks Apartments | 2 Bedroom | 2BR,1.5BA | $1.77 |
| The Oaks of Lake Bluff | Small Two Bedroom | 2BR,1BA | $1.87 |
| 1318 Clarkson St, Unit 1318 Clarkson Street | 1318 Clarkson St | 1BR,1BA | $1.43 |
| Briarwood Apartments | 1BR/1BA | 1BR,1BA | $1.72 |
| The Lakes at Fountain Square Apartment Homes | Michigan | 1BR,1BA | $2.11 |
| 802 Grand Ave, Unit 5 | 802 Grand Ave | 1BR,1BA | $1.73 |
| 415 N Sheridan Rd | 415 N Sheridan RD | 1BR,1BA | $2.00 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
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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
Getting Around North Chicago, IL
Walk Score®
45 / 100
Car-Dependent
Most errands require a car
Bike Score®
49 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
28 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,000 at 415 N Sheridan Rd.
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.

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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

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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.











