Cheap Apartments for Rent in the North Lakefront Neighborhood of Chicago, IL from $400 (944 Rentals)

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

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North Lakefront - One of the Best Affordable Neighborhoods in Chicago

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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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North Lakefront, Chicago, IL Local Guide

Cheapest Available North Lakefront Apartments for Rent

 

The cheapest available apartment rental in the North Lakefront area of Chicago, IL is a Studio unit found at 4735 Beacon priced from $995. 721 W. Belmont has the second lowest priced unit, which is a Studio apartment currently listed from $1,075. Here are the most affordable North Lakefront apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
4735 BeaconStudioStudio,1BA$995
721 W. BelmontStudioStudio,1BA$1,075
Onyx on SheridanStudio ApartmentStudio,1BA$1,075
The EdisonStudio | 1 bath - EFFRStudio,1BA$1,093
424 W. DiverseyStudioStudio,1BA$1,095
3838 N. BroadwayStudioStudio,1BA$1,095
3834 N SheffieldStudioStudio,1BA$1,095

Best Value Apartments for Rent in North Lakefront, IL

As of April 25, 2025 the best value apartment in the North Lakefront area is the $0.48 price per square foot 3134 W Carroll Ave Model at 3134 W Carroll Ave, Unit 2 in the in the East Garfield Park neighborhood starting from $4,795. The second greatest value North Lakefront apartment is the 3818 N Sheffield Ave Model at 3818 N Sheffield Ave, Unit # 03 starting at $3,595 with a $0.36 price per square foot in the Lakeview neighborhood. Here is today’s list of the best values for North Lakefront apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3134 W Carroll Ave, Unit 23134 W Carroll Ave6BR,2BA$0.48
3818 N Sheffield Ave, Unit # 033818 N Sheffield Ave3BR,1BA$0.36
1229 W Barry Ave, Unit George1229 W Barry Ave2BR,2BA$0.43
2919 N Racine Ave, Unit 1stfl2919 N Racine Ave2BR,1BA$0.40
3035 N Southport Ave, Unit M00B3035 N Southport Ave2BR,1.5BA$0.90
4625 N Dover St, Unit G4625 N Dover St2BR,2BA$1.25
2300 N Spaulding Ave, Unit 32300 N Spaulding Ave3BR,1BA$1.33
1130 N Ridgeway Ave, Unit One North1130 N Ridgeway Ave3BR,2BA$1.33
The 808 ClevelandPrivate Bedroom in Shared 4 Bed 3 Bath4BR,3BA$0.98
4716 N Kedzie Ave, Unit 24716 N Kedzie Ave2BR,1BA$1.38

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Pet Friendly Lifestyle
North Lakefront, Chicago, IL

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
North Lakefront, Chicago, IL

School data provided by Great Schools

Lifestyle Ratings

This website is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Illinois and customized analysis for North Chicago, IL. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, apartment complexes for the kids, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap North Lakefront Apartments

What is the Cheapest Studio apartment in North Lakefront?

Currently the most affordable Cheap Studio Apartment in North Lakefront is at 4735 Beacon listed at $995.

How much is rent for a Cheap One Bedroom North Lakefront Apartment?

The lowest price for a Cheap One Bedroom North Lakefront Apartment is $1,167 at 3935 W Diversey.

What is the lowest price for a Cheap Two Bedroom North Lakefront Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in North Lakefront is starting from $1,200 at 5118 N Lincoln Ave.

What is the most affordable North Lakefront Three Bedroom Apartment?

The best deal on a cheap North Lakefront Three Bedroom Apartment rental is at 4326 N Kenmore Ave and starts from $1,800.

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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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.