Cheap Homes for Rent in Downtown Northbrook Neighborhood of Northbrook, IL from $1,500 (15 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Northbrook area of Northbrook.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating 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.

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Downtown Northbrook, Northbrook, IL Local Guide

Cheapest Available Downtown Northbrook Apartments for Rent

 

The cheapest available apartment rental in the Downtown Northbrook area of Chicago, IL is a 1 Bed unit found at GlenLake Village priced from $1,695. Albion Highland Park has the second lowest priced unit, which is a Studio apartment currently listed from $1,985. Here are the most affordable Downtown Northbrook apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
GlenLake Village1 Bedroom / 1 Bathroom1BR,1BA$1,695
Albion Highland ParkS6 - WestStudio,1BA$1,985
Woodview ApartmentsB21BR,1BA$2,175
TGM NorthShoreA81BR,1BA$2,185
Elaine Luxury ApartmentsA01BR,1BA$2,275

Best Value Apartments for Rent in Downtown Northbrook, IL

As of May 31, 2025 the best value apartment in the Downtown Northbrook area is the $2.00 price per square foot Two Bedroom Model at Americana Apartments in the in the Briergate Station neighborhood starting from $3,400. The second greatest value Downtown Northbrook apartment is the Center Unit Model at Townhomes at Pointe Drive starting at $3,895 with a $2.54 price per square foot in the Milwaukee Avenue neighborhood. Here is today’s list of the best values for Downtown Northbrook apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Americana ApartmentsTwo Bedroom2BR,2BA$2.00
Townhomes at Pointe DriveCenter Unit3BR,2.5BA$2.54
Valley Lo Towers II ApartmentsC33BR,2BA$2.43
Ravinia Crossing2 Bed2BR,2BA$2.50
956 Chestnut St, Unit #1956 Chestnut St3BR,1BA$2.55
Arrive GlenviewA32BR,1BA$2.41
725 Saint Johns Ave, Unit 02725 Saint Johns Ave1BR,1BA$2.64
Elaine Luxury ApartmentsA01BR,1BA$3.26
Woodview ApartmentsB21BR,1BA$3.22
TGM NorthShoreA21BR,1BA$3.28

Quick Rent Budget Calculator

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Frequently Asked Questions about Downtown Northbrook

What type of rentals are currently available in Downtown Northbrook?

There are currently 72 Apartments for Rent in Downtown Northbrook, IL with pricing that ranges from $1,275 to $5,219. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Northbrook ranging from $1,550 to $6,495.

What is the current price range for Rental Homes in Downtown Northbrook?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Northbrook ranges from $1,550 to $6,495 with an average monthly rent of $3,218.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.