Cheap Apartments for Rent in the Northwest Chicago Neighborhood of Chicago, IL from $500 (1,185 Rentals)

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Cheap Apartments 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 4114 W Washington Blvd priced from $770. 701 S Karlov Ave has the second lowest priced unit, which is a Studio apartment currently listed from $815. Here are the most affordable Northwest Chicago apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
4114 W Washington BlvdStudio ApartmentStudio,1BA$770
701 S Karlov AveStudio ApartmentStudio,1BA$815
Washington PlazaStudio ApartmentStudio,1BA$820
5957 W Madison StStudio ApartmentStudio,1BA$895
7251-7259 LawrencestudioStudio,1BA$900
5948 W SuperiorStudio ApartmentStudio,1BA$905
5001 W Adams StStudio ApartmentStudio,1BA$925
4850 W North AveNSTUDIO1Studio,1BA$950

Best Value Apartments for Rent in Northwest Chicago, IL

As of May 06, 2025 the best value apartment in the Northwest Chicago area is the $0.12 price per square foot 908 Lyman Ave Model at 908 Lyman Ave, Unit 2a in the in the Oak Park Historic District neighborhood starting from $1,225. The second greatest value Northwest Chicago apartment is the 6438 N Lakewood Ave Model at 6438 N Lakewood Ave, Unit 1 Unit starting at $3,000 with a $1.00 price per square foot in the Rogers Park 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.
908 Lyman Ave, Unit 2a908 Lyman Ave1BR,1BA$0.12
6438 N Lakewood Ave, Unit 1 Unit6438 N Lakewood Ave4BR,2BA$1.00
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
3421 W Adams St, Unit 3421 W Adams Unit 2 Floor3421 W Adams St3BR,2BA$1.08
FullertonComm2BR,1BA$1.16
5632 W Berenice Ave, Unit 35632 W Berenice Ave2BR,1BA$1.14
2807 N Kilbourn Ave, Unit 2N2807 N Kilbourn Ave2BR,1BA$1.20
4865 W Concord Pl, Unit 24865 W Concord Pl2BR,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 4114 W Washington Blvd listed at $770.

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 $1,055 at 5101 W Monroe 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 5024 W Quincy St and starts from $1,340.

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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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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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.