Cheap Apartments for Rent in the Northwest Chicago Neighborhood of Chicago, IL from $500 (706 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Northwest Chicago 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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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 4114 W Washington Blvd priced from $725. Washington Plaza has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Northwest Chicago apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
4114 W Washington BlvdStudio ApartmentStudio,1BA$725
Washington PlazaStudio ApartmentStudio,1BA$795
1000 - 1010 North Blvd1002 1/2 - 33Studio,1BA$895
Pine North1BR/1.0BA1BR,1BA$950

Best Value Apartments for Rent in Northwest Chicago, IL

As of March 23, 2025 the best value apartment in the Northwest Chicago 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 Northwest Chicago 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 Northwest Chicago 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
5100 W Fulton St, Unit 15100 W Fulton St4BR,2BA$0.87
7726 N Paulina St #1, Unit 27726 N Paulina St #13BR,2BA$1.14
238-250 Washington Blvd. and 347-357 S. Harvey Ave.238 Washington G2BR,1.5BA$1.06
1017 S 14th Ave, Unit 21017 S 14th Ave3BR,1BA$1.17
653 N Christiana Ave, Unit 2653 N Christiana Ave3BR,1BA$1.04
2007 N Lamon Ave, Unit 2N2007 N Lamon Ave2BR,1BA$1.16
4865 W Concord Pl, Unit 24865 W Concord Pl2BR,1BA$1.15

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Pet Friendly Lifestyle
Northwest Chicago, Chicago, IL

Ranked #14

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

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 4114 W Washington Blvd listed at $725.

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

The lowest price for a Cheap One Bedroom Northwest Chicago Apartment is $950 at Pine North.

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 5100-04 W Madison St.

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 $1,095.

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.

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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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.