Cheap Homes for Rent in Near North Side Neighborhood of Chicago, IL from $1,300 (47 Rentals)

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Search the lowest-cost Homes available for rent right now in the Near North Side area of Chicago.

property at 21 W Goethe St

21 W Goethe St

ChicagoIL60610

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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property at 719 N Clark St

719 N Clark St

ChicagoIL60654
property at 111 W Maple St

111 W Maple St

ChicagoIL60610
Showing Results 1-47, Page 1 of 1

Cheapest Available Near North Side Apartments for Rent

 

The cheapest available apartment rental in the Near North Side area of Chicago, IL is a Studio unit found at 1011 Clark priced from $995. 11 W. Division has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here are the most affordable Near North Side apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
1011 ClarkClark - StudioStudio,1BA$995
11 W. DivisionStudioStudio,1BA$1,175
1036 N. DearbornStudioStudio,1BA$1,295
Elm 551 at ParksideStudioStudio,1BA$1,313
18 E. ElmStudioStudio,1BA$1,365
1100 North LasalleStudioStudio,1BA$1,440
Park DearbornKitchenetteStudio,1BA$1,475

Best Value Apartments for Rent in Near North Side, IL

As of March 25, 2025 the best value apartment in the Near North Side area is the $2.59 price per square foot 1332 N Cleveland Ave Model at 1332 N Cleveland Ave, Unit 1 in the in the Near North Side neighborhood starting from $4,400. The second greatest value Near North Side apartment is the 52 W Elm St Model at 52 W Elm St, Unit 1401 starting at $2,544 with a $2.83 price per square foot in the Magnificent Mile neighborhood. Here is today’s list of the best values for Near North Side apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1332 N Cleveland Ave, Unit 11332 N Cleveland Ave3BR,3BA$2.59
52 W Elm St, Unit 140152 W Elm St1BR,1BA$2.83
Larrabee Place at Parkside of Old Town1 Bedroom1BR,1BA$2.28
1320.5 W Oak St1320.5 W Oak St1BR,1BA$2.46
1320.5 W Oak St1320.5 W Oak St1BR,1BA$2.42
1039 N La Salle Dr1039 N La Salle Dr1BR,1BA$2.64
Hugo River NorthStudioStudio ,1BA$2.70
Atrium at Old Town ParkConvertible 1 Bedroom1BR,1BA$2.62
Dearborn NorthAvailable soon studio # 12Studio ,1BA$2.61
Elm 551 at ParksideStudioStudio ,1BA$2.58

Frequently Asked Questions about Near North Side

What type of rentals are currently available in Near North Side?

There are currently 254 Apartments for Rent in Near North Side, IL with pricing that ranges from $1,105 to $23,973. There are also 216 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near North Side ranging from $1,325 to $17,000.

What is the current price range for Rental Homes in Near North Side?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Near North Side ranges from $1,325 to $17,000 with an average monthly rent of $6,245.

How much are larger Three and Four Bedroom Rentals in Near North Side?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Near North Side range from $1,626 to $23,973, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,799 to $17,000. Four Bedroom Single-Family rentals are also available starting from $4,800 and Four Bedroom Apartments start at $7,000.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.