Cheap Apartments for Rent in North Chicago, IL from $400 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in North Chicago.

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.

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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.

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property at 504 Basil Rd

$1,895

2 Bedroom, 1 Bath Home for Rent

Available Now

504 Basil Rd

Lake BluffIL60044
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Karcher Artspace Lofts
Studio to 3 Bedroom Apartments

Karcher Artspace Lofts

405 Washington StWaukegan, IL 60085
  • Utilities Included
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Garden Park Apartments
Studio to 1 Bedroom Apartments

Garden Park Apartments

417 Franklin StWaukegan, IL 60085
  • Utilities Included

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!

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FOREST VIEW MANOR
Studio to 1 Bedroom Apartments

FOREST VIEW MANOR

1912 10TH StWaukegan, IL 60085
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Green Valley Apartments
1 to 2 Bedroom Apartments

Green Valley Apartments

4200 Greenleaf CtPark City, IL 60085
  • Utilities Included
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415 N Sheridan Rd
1 Bedroom Apartments

415 N Sheridan Rd

415 N Sheridan RdWaukegan, IL 60085
  • Utilities Included
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Park Terrace Apartments
1 to 2 Bedroom Apartments

Park Terrace Apartments

4100 Greenleaf CtPark City, IL 60085
  • Utilities Included

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.

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DREW LN. -100
2 Bedroom Apartments

DREW LN. -100

100 Drew LnWaukegan, IL 60085

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-47, Page 1 of 1

North Chicago, IL Local Guide

Cheapest Available North Chicago Apartments for Rent

 

The cheapest available apartment rental in North Chicago, IL is a Studio unit found at LITTLE FORT APARTMENTS LLC in the Waukegan Downtown neighborhood priced from $895. FOREST VIEW MANOR in the North Center neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here is today’s list of the most affordable North Chicago apartments for rent:

Apartment ListingModel NameBed/BathPriced From
LITTLE FORT APARTMENTS LLCLITTLE FORT APARTMENTS LLC - 414Studio,1BA$895
FOREST VIEW MANORFOREST VIEW MANOR - 1011BR,1BA$1,125
Briarwood Apartments1BR/1BA1BR,1BA$1,175
GRAND AVE. - 1011GRAND AVE. - 1011 - Apt 1...1BR,1BA$1,195
PIONEER MANOR. -750-754PIONEER MANOR. -750-754 - # 2031BR,1BA$1,225
Madison West Apartments1 BR / 1 BA1BR,1BA$1,250
Heritage Green1BR/1BA1BR,1BA$1,250
Residences at Fountain SquareThe Chatsworth2BR,1BA$1,349
10 N Sheridan Rd.1BR/1.0BA1BR,1BA$1,350
The Lakes at Fountain Square Apartment HomesOntario2BR,1BA$1,654

Best Value Apartments for Rent in North Chicago, IL

As of August 02, 2026 the best value apartment in the North Chicago area is the $2.67 price per square foot B1 Model at Forest Pointe Apartments in the in the Downtown Lake Forest neighborhood starting from $2,611. The second greatest value North Chicago apartment is the Ontario Model at The Lakes at Fountain Square Apartment Homes starting at $1,654 with a $1.88 price per square foot in the Pleasant Hill neighborhood. Here is today’s list of the best values for North Chicago apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Forest Pointe ApartmentsB12BR,2BA$2.67
The Lakes at Fountain Square Apartment HomesOntario2BR,1BA$1.88
Heritage Green1BR/1BA1BR,1BA$1.67
Madison West Apartments1 BR / 1 BA1BR,1BA$1.67
Deer Valley ApartmentsOne Bedroom1BR,1BA$2.72
Briarwood Apartments1BR/1BA1BR,1BA$1.72
10 N Sheridan Rd.1BR/1.0BA1BR,1BA$2.16

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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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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Real 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.

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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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Best Local Schools in
North Chicago, IL

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $1,050 at LITTLE FORT APARTMENTS LLC.

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

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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.

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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.

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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.

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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

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.