Cheap Apartments for Rent in Norwood Park, IL from $500 (24 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
  • Verified
  • Customer Reviewed
  • Utilities Included
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Hollow Hills
Rent Specials
$700 - $1,600
Total Monthly Price

Total Monthly Price

Base Rent
$595 - $1,495
Required Monthly Fees
$105

Total Monthly Price
$700 - $1,600
Studio to 3 Bedroom Apartments Available Now

Hollow Hills

4019 W Hollow Creek DrPeoria, IL 61615
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  • Customer Reviewed
  • Utilities Included
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Timberlane Apartments
$809 - $2,021
Total Monthly Price

Total Monthly Price

Base Rent
$805 - $2,017
Required Monthly Fees
$4

Total Monthly Price
$809 - $2,021
Studio to 2 Bedroom Apartments Available Now

Timberlane Apartments

2900 W War Memorial DrPeoria, IL 61615
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
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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
  • Verified
  • Utilities Included
  • 3D Tour

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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.

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When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Linn St Commons
1 Bedroom Apartments

Linn St Commons

2112-2117 N Linn StPeoria, IL 61604
  • Utilities Included
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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

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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 The Avenue Apartments in the Averyville neighborhood priced from $650. Hollow Hills in the Windchime neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Norwood Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Avenue Apartments1B/ 1BA1BR,1BA$650
Hollow HillsStudioStudio,1BA$700
Churchview Garden Homes1 Bedroom1BR,1BA$750
Hollybrook Apartments1 bedroom1BR,1BA$825
Crestwood Apartments1 Bedroom 1 Bathroom1BR,1BA$825

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

As of April 06, 2026 the best value apartment in the Norwood Park area is the $0.79 price per square foot A Model at 1113 W Moss Ave in the in the Averyville neighborhood starting from $950. The second greatest value Norwood Park apartment is the HCIV2D1FP Model at Hollow Creek starting at $1,450 with a $1.24 price per square foot in the Windchime 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.
1113 W Moss AveA2BR,1BA$0.79
Hollow CreekHCIV2D1FP2BR,2BA$1.24
Covington Place2BR/1.5BA Signature In Unit Wash/Dryer2BR,1.5BA$1.15
Glen Willows2 Bedroom 1.5 Bathroom2BR,1.5BA$1.08
Forest Hill Apartments1x11BR,1BA$1.12
Hollybrook Apartments1 bedroom1BR,1BA$1.06
Nordic Villa ApartmentsLoft1BR,1BA$1.18
Crestwood Apartments1 Bedroom 1 Bathroom1BR,1BA$1.18
Churchview Garden Homes1 Bedroom1BR,1BA$1.17
The Avenue Apartments1B/ 1BA1BR,1BA$1.06

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.

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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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 $650 at The Avenue Apartments.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.