Cheap Apartments for Rent in the Norwood Park Neighborhood of Chicago, IL from $700 (10 Rentals)

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

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5935 N Northwest Hwy
Studio to 2 Bedroom Apartments

5935 N Northwest Hwy

5935 N Northwest HwyChicago, IL 60631
  • Utilities Inc.
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6654 W Devon Ave
2 Bedroom Apartments

6654 W Devon Ave

6654 W Devon AveChicago, IL 60631
  • Utilities Inc.

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

Norwood Park, Chicago, IL Local Guide

Cheapest Available Norwood Park Apartments for Rent

 

The cheapest available apartment rental in the Norwood Park area of Chicago, IL is a 1 Bed unit found at 7251-7259 Lawrence priced from $1,000. Mont Clare has the second lowest priced unit, which is a Studio apartment currently listed from $1,325. Here are the most affordable Norwood Park apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
7251-7259 LawrenceNot Available1BR,1BA$1,000
Mont ClareS3Studio,1BA$1,325
4747 N Ronald StGB1BR,1BA$1,500

Best Value Apartments for Rent in Norwood Park, IL

As of March 12, 2025 the best value apartment in the Norwood Park area is the $1.50 price per square foot 5632 N Meade Ave Model at 5632 N Meade Ave, Unit 1 in the in the Norwood Park neighborhood starting from $1,875. The second greatest value Norwood Park apartment is the 2/2.0(Std) Model at The Parker starting at $2,650 with a $2.21 price per square foot in the Norwood Park neighborhood. Here is today’s list of the best values for Norwood Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5632 N Meade Ave, Unit 15632 N Meade Ave2BR,1BA$1.50
The Parker2/2.0(Std)2BR,2BA$2.21
1027 W Touhy Ave2 Bedroom 2 Bath2BR,1BA$1.73
6638 W Albion Ave, Unit 1R6638 W Albion Ave3BR,1BA$1.75
6 Corners Lofts1BR/1.0BA1BR,1BA$2.74
5821 N Moody Ave, Unit 1st Floor5821 N Moody Ave1BR,1BA$1.93
7538 W Lawrence Ave2BD/1BA2BR,1BA$2.67
7251-7259 LawrenceUnit WStudio ,1BA$2.24
Highpoint at 8000 NorthS2Studio ,1BA$3.62
Mont ClareS3Studio ,1BA$3.77

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Pet Friendly Lifestyle

Ranked #

Pet Friendliness Lifestyle Score

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Getting Around the Norwood Park Neighborhood in Chicago, IL

Walk Score®

79 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

69 / 100

Bikeable

Some bike infrastructure

Transit Score®

50 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Norwood Park Apartments

What is the Cheapest Studio apartment in Norwood Park?

Currently the most affordable Cheap Studio Apartment in Norwood Park is at Mont Clare listed at $1,325.

How much is rent for a Cheap One Bedroom Norwood Park Apartment?

The lowest price for a Cheap One Bedroom Norwood Park Apartment is $1,000 at 7251-7259 Lawrence.

What is the lowest price for a Cheap Two Bedroom Norwood Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Norwood Park is starting from $1,900 at 1027 W Touhy Ave.

What is the most affordable Norwood Park Three Bedroom Apartment?

The best deal on a cheap Norwood Park Three Bedroom Apartment rental is at and starts from $1,750.

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.