Cheap Apartments for Rent in the Noble Square Neighborhood of Chicago, IL from $700 (88 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Noble Square area of Chicago.

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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Noble Square, Chicago, IL Local Guide

Cheapest Available Noble Square Apartments for Rent

 

The cheapest available apartment rental in the Noble Square area of Chicago, IL is a Studio unit found at Elm 551 at Parkside priced from $1,313. Verdant Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,507. Here are the most affordable Noble Square apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Elm 551 at ParksideStudioStudio,1BA$1,313
Verdant Apartments0BR/1.0BAStudio,1BA$1,507
Larrabee Place at Parkside of Old Town1 Bedroom1BR,1BA$1,629
Hugo River NorthStudioStudio,1BA$1,824
Than TowerStudioStudio,1BA$1,875

Best Value Apartments for Rent in Noble Square, IL

As of March 22, 2025 the best value apartment in the Noble Square area is the $1.41 price per square foot 730 N Willard Ct Model at 730 N Willard Ct, Unit M04B in the in the West Town neighborhood starting from $3,100. The second greatest value Noble Square apartment is the 1349 N Noble St Model at 1349 N Noble St, Unit 3 starting at $4,150 with a $1.98 price per square foot in the Noble Square neighborhood. Here is today’s list of the best values for Noble Square apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
730 N Willard Ct, Unit M04B730 N Willard Ct3BR,2.5BA$1.41
1349 N Noble St, Unit 31349 N Noble St3BR,2.5BA$1.98
613 N Racine Ave, Unit 1613 N Racine Ave4BR,2BA$1.93
1753 W Chicago Ave, Unit M04B1753 W Chicago Ave3BR,2BA$1.73
858 N Paulina St, Unit 1858 N Paulina St2BR,2BA$1.83
900 N Ashland Ave, Unit 4900 N Ashland Ave2BR,1BA$1.88
1224 W Augusta Blvd, Unit ONE1224 W Augusta Blvd2BR,1BA$1.88
1407 W Erie St1407 W Erie St2BR,1BA$2.00
1112 N Marshfield Ave, Unit M02B1112 N Marshfield Ave2BR,1BA$1.80
737 N May St, Unit 2R737 N May St2BR,1BA$2.00

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Pet Friendly Lifestyle
Noble Square, Chicago, IL

Ranked #17

Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States, including Chicago. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, multifamily communities for the kids, raising pets, transit options, and much more. These search options are in the site filters at the top of this page.

Getting Around the Noble Square Neighborhood in Chicago, IL

Walk Score®

97 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

96 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

72 / 100

Excellent Transit

Transit is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Noble Square Apartments

What is a cheap apartment in Noble Square?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Noble Square is under $1,875.

What is the price of a cheap apartment in Noble Square?

The cheapest apartment in Noble Square is Larrabee Place at Parkside of Old Town which is listed at $1,629, while the average apartment in Noble Square costs $4,595.

What types of apartments are the cheapest in Noble Square?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 895 regular apartments in Noble Square that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Noble Square?

Cheap apartments in Noble Square have an average cost of $842 which is $3,753 cheaper than the average rent for all rentals in Noble Square.

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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