Cheap Apartments for Rent in the North Lakefront Neighborhood of Chicago, IL from $400 (796 Rentals)

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Search the lowest-cost Apartments available for rent right now in the North Lakefront 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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North Lakefront

Named as one of the Best Affordable Neighborhoods to rent in Chicago by our Chicago, IL Local Expert Nicole Harms. See how it ranks!

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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 1011 Clark priced from $995. 424 W. Diversey has the second lowest priced unit, which is a Studio apartment currently listed from $1,025. Here are the most affordable North Lakefront apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
1011 ClarkClark - StudioStudio,1BA$995
424 W. DiverseyStudioStudio,1BA$1,025
The EdisonStudio | 1 bath - EFFRStudio,1BA$1,038
Onyx on SheridanStudio ApartmentStudio,1BA$1,050
3838 N. BroadwayStudioStudio,1BA$1,095

Best Value Apartments for Rent in North Lakefront, IL

As of March 25, 2025 the best value apartment in the North Lakefront area is the $0.22 price per square foot 4343 N Spaulding Ave Model at 4343 N Spaulding Ave, Unit #2 in the in the Albany Park neighborhood starting from $2,150. The second greatest value North Lakefront apartment is the 3035 N Southport Ave Model at 3035 N Southport Ave, Unit A07C starting at $2,700 with a $0.79 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.
4343 N Spaulding Ave, Unit #24343 N Spaulding Ave3BR,1BA$0.22
3035 N Southport Ave, Unit A07C3035 N Southport Ave2BR,1.5BA$0.79
3035 N Southport Ave, Unit M00B3035 N Southport Ave2BR,1.5BA$0.90
2639 W Potomac Ave, Unit M07B2639 W Potomac Ave3BR,3BA$1.40
4625 N Dover St, Unit G4625 N Dover St2BR,2BA$1.25
2228 W Armitage Ave, Unit M09B2228 W Armitage Ave2BR,1BA$1.29
653 N Christiana Ave, Unit 2653 N Christiana Ave3BR,1BA$1.04
1107 N Avers Ave, Unit 11107 N Avers Ave2BR,1BA$1.35
1107 N Avers Ave1107 N Avers Ave2BR,1BA$1.35
737 W Belmont Ave, Unit 514737 W Belmont AveStudio ,1BA$1.14

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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

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 1011 Clark 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 $1,136 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 1357 N Homan Ave and starts from $1,585.

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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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.

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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.