
Cheap Homes for Rent in North Chicago, IL from $1,100 (6 Rentals)
Search the lowest-cost Homes available for rent right now in North Chicago.


3305 Sunset Ave

1001 W Grand 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.

3060 Kathe Ln

930 S Victory St

2417 Sherman Ave
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.
North Chicago, IL Local Guide

How much does it cost to rent a home in North Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Chicago 2 Bedroom Homes for Rent | $2,038 | $1,400 | $3,000 |
| North Chicago 3 Bedroom Homes for Rent | $2,295 | $1,685 | $4,500 |
| North Chicago 4 Bedroom Homes for Rent | $4,985 | $2,600 | $7,995 |
| North Chicago 5 Bedroom Homes for Rent | $3,610 | $3,610 | $3,610 |
| North Chicago 6 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
Browse Top Homes for Rent in North Chicago
Explore North Chicago
North Chicago, IL Local Guide
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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. Imperial Tower Apartments in the Norshore Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,190. 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 |
| Imperial Tower Apartments | The Park Place | Studio,1BA | $1,190 |
| 10 N Sheridan Rd. | 1BR/1.0BA | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in North Chicago, IL
As of April 26, 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 1 BR / 1 BA Model at Madison West Apartment starting at $1,250 with a $1.67 price per square foot in the Waukegan Downtown 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 |
| 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 | $2.47 |
| 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 |
| Imperial Tower Apartments | The Park Place | Studio ,1BA | $2.70 |
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.
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 North Chicago
What type of rentals are currently available in North Chicago?
There are currently 161 Apartments for Rent in North Chicago, IL with pricing that ranges from $1,050 to $4,747. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Chicago ranging from $1,175 to $7,995.
What is the current price range for Rental Homes in North Chicago?
Today's rental pricing for Homes for Rent, Condos and Townhomes in North Chicago ranges from $1,175 to $7,995 with an average monthly rent of $3,046.
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.