Cheap Apartments for Rent in the Northwest Chicago Neighborhood of Chicago, IL from $500 (1,149 Rentals)

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

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Northwest Chicago, Chicago, IL Local Guide

Cheapest Available Northwest Chicago Apartments for Rent

 

The cheapest available apartment rental in the Northwest Chicago area of Chicago, IL is a Studio unit found at Washington Plaza priced from $820. 5957 W Madison St has the second lowest priced unit, which is a Studio apartment currently listed from $890. Here are the most affordable Northwest Chicago apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Washington PlazaStudio ApartmentStudio,1BA$820
5957 W Madison StStudio ApartmentStudio,1BA$890
7251-7259 LawrencestudioStudio,1BA$900
4850 W North AveNSTUDIO1Studio,1BA$900
1010 S 2nd AveStudio ApartmentStudio,1BA$985
500-14 S Laramie Ave1 Bedroom 1 Bathroom Apartment1BR,1BA$990
4735 BeaconStudioStudio,1BA$995
2115 S 4th AveStudio ApartmentStudio,1BA$1,040

Best Value Apartments for Rent in Northwest Chicago, IL

As of April 26, 2025 the best value apartment in the Northwest Chicago 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 Northwest Chicago apartment is the 3035 N Southport Ave Model at 3035 N Southport Ave, Unit M00B starting at $2,700 with a $0.90 price per square foot in the Lakeview neighborhood. Here is today’s list of the best values for Northwest Chicago 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
3035 N Southport Ave, Unit M00B3035 N Southport Ave2BR,1.5BA$0.90
5100 W Fulton St, Unit 15100 W Fulton St4BR,2BA$0.87
4625 N Dover St, Unit G4625 N Dover St2BR,2BA$1.25
2029 W Jarvis Ave, Unit 22029 W Jarvis Ave4BR,2BA$1.24
7726 N Paulina St #1, Unit 27726 N Paulina St #13BR,2BA$1.14
FullertonComm2BR,1BA$1.16
2007 N Lamon Ave, Unit 2N2007 N Lamon Ave2BR,1BA$1.16
5100-04 W Madison St3 Bedroom 2 Bathroom Apartment3BR,2BA$1.12
3323 w Van Buren st, Unit 1st Floor3323 w Van Buren st2BR,1BA$1.15

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Pet Friendly Lifestyle
Northwest Chicago, Chicago, IL

Ranked #13

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
Northwest Chicago, Chicago, IL

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Northwestern Chicago. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Northwest Chicago Apartments

What is the Cheapest Studio apartment in Northwest Chicago?

Currently the most affordable Cheap Studio Apartment in Northwest Chicago is at Washington Plaza listed at $820.

How much is rent for a Cheap One Bedroom Northwest Chicago Apartment?

The lowest price for a Cheap One Bedroom Northwest Chicago Apartment is $990 at 500-14 S Laramie Ave.

What is the lowest price for a Cheap Two Bedroom Northwest Chicago Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Northwest Chicago is starting from $1,180 at 4641-43 W Jackson Blvd.

What is the most affordable Northwest Chicago Three Bedroom Apartment?

The best deal on a cheap Northwest Chicago Three Bedroom Apartment rental is at 5100-04 W Madison St and starts from $1,290.

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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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.