Cheap Apartments for Rent in Norwood Park, IL from $500 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in Norwood Park.

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The Avenue Apartments
$575 - $800
Total Monthly Price

Total Monthly Price

Base Rent
$535 - $760
Required Monthly Fees
$40

Total Monthly Price
$575 - $800
Studio to 2 Bedroom Apartments Available Now

The Avenue Apartments

900 W Moss AvePeoria, IL 61606
Corporate Housing
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  • Customer Reviewed
  • Utilities Included
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Hollow Hills
$700 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$595 - $1,295
Required Monthly Fees
$105

Total Monthly Price
$700 - $1,400
Studio to 3 Bedroom Apartments Available Now

Hollow Hills

4019 W Hollow Creek DrPeoria, IL 61615
Affordability
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  • Customer Reviewed
  • Utilities Included

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Nordic Villa Apartments
$825 - $1,150
Total Monthly Price

Total Monthly Price

Base Rent
$785 - $1,110
Required Monthly Fees
$40

Total Monthly Price
$825 - $1,150
1 to 2 Bedroom Apartments Available Now

Nordic Villa Apartments

3120 W Willow Knolls DrPeoria, IL 61614
Senior Living
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  • Utilities Included
  • 3D Tour
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Kellogg Place Apartments
$875 - $1,200
Total Monthly Price

Total Monthly Price

Base Rent
$770 - $1,095
Required Monthly Fees
$105

Total Monthly Price
$875 - $1,200
1 to 2 Bedroom Apartments Contact Us For Availability

Kellogg Place Apartments

3313 W Willow Knolls DrPeoria, IL 61614
Affordability
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  • 3D Tour

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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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301 N Carole Ave
1 Bedroom Apartments

301 N Carole Ave

301 N Carole AveHanna City, IL 61536
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Cityscape Apartments
2 to 3 Bedroom Apartments

Cityscape Apartments

601 W Romeo B Garrett AvePeoria, IL 61605
  • Utilities Included

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.

Norwood Park, IL Local Guide

Cheapest Available Norwood Park Apartments for Rent and Nearby

 

The cheapest available apartment rental in Norwood Park, IL is a 1 Bed unit found at Linn St Commons in the Averyville neighborhood priced from $600. The Avenue Apartments in the Averyville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Norwood Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Linn St Commons1BR/1BA1BR,1BA$600
The Avenue Apartments1B/ 1BA1BR,1BA$650
Hollow HillsStudioStudio,1BA$700
Nordic Villa ApartmentsLoft1BR,1BA$825
Brandywine Crossing Apartments1 Bedroom G1BR,1BA$850
Crestwood Apartments2 bed 1 bath *2BR,1BA$850
Hollybrook Apartments2 bedroom 1. 5 bath2BR,1BA$850
Forrest Edge Apartments2 bed 1.5 bath2BR,1BA$875
Marquette PlaceStudioStudio,1BA$880
Timberlane ApartmentsPrimrose1BR,1BA$907

Best Value Apartments for Rent in Norwood Park, IL and Nearby

As of February 20, 2026 the best value apartment in the Norwood Park area is the $0.95 price per square foot 2 BR Model at 511 W High St in the in the Averyville neighborhood starting from $2,100. The second greatest value Norwood Park apartment is the A Model at 1113 W Moss Ave starting at $1,000 with a $0.83 price per square foot in the Averyville neighborhood. Here is today’s list of the best values for Norwood Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
511 W High St2 BR2BR,3BA$0.95
1113 W Moss AveA2BR,1BA$0.83
Churchview Garden Homes3 Bedroom3BR,2BA$0.88
Hollybrook Apartments2 bedroom 1. 5 bath2BR,1.5BA$0.90
Crestwood Apartments2 bed 1 bath *2BR,1BA$0.94
Glen Willows2 Bedroom 1.5 Bathroom2BR,1.5BA$1.08
Forest Hill Apartments1x11BR,1BA$1.12
Linn St Commons1BR/1BA1BR,1BA$0.87
Hollow HillsStudioStudio ,1BA$1.08
The Avenue Apartments1B/ 1BA1BR,1BA$1.06

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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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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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Norwood Park Apartments

What is the Cheapest Studio apartment in Norwood Park?

Currently the most affordable Cheap Studio Apartment in Norwood Park is at Hollow Hills listed at $700.

How much is rent for a Cheap One Bedroom Norwood Park Apartment?

The lowest price for a Cheap One Bedroom Norwood Park Apartment is $600 at Linn St Commons.

What is the lowest price for a Cheap Two Bedroom Norwood Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Norwood Park is starting from $750 at The Avenue Apartments.

What is the most affordable Norwood Park Three Bedroom Apartment?

The best deal on a cheap Norwood Park Three Bedroom Apartment rental is at Churchview Garden Homes and starts from $975.

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.

Articles, How-To's, and Tips

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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.