
Cheap Homes for Rent in Norwood Park Neighborhood of Chicago, IL from $1,400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Norwood Park area of Chicago.


6447 N Newark Ave

6418 N Newark Ave

4904 N Harlem Ave
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

6656 W Devon Ave

6420 N Nashville Ave

7226 W Clarence Ave

5030 N Nagle Ave
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

How much does it cost to rent a home in Norwood Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Norwood Park 2 Bedroom Homes for Rent | $2,321 | $1,650 | $3,200 |
Norwood Park 3 Bedroom Homes for Rent | $2,733 | $2,500 | $3,000 |
Norwood Park 4 Bedroom Homes for Rent | $3,800 | $3,100 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Norwood Park Neighborhood of Chicago, IL.
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Norwood Park, Chicago, IL Local Guide
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Cheapest Available Norwood Park Apartments for Rent
 The cheapest available apartment rental in the Norwood Park area of Chicago, IL is a Studio unit found at 7251-7259 Lawrence priced from $900. 4747 N Ronald St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,500. Here are the most affordable Norwood Park apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
7251-7259 Lawrence | studio | Studio,1BA | $900 |
4747 N Ronald St | GB | 1BR,1BA | $1,500 |
Mont Clare | A8 | 1BR,1BA | $1,555 |
Best Value Apartments for Rent in Norwood Park, IL
As of April 23, 2025 the best value apartment in the Norwood Park area is the $2.74 price per square foot 1BR/1.0BA Model at 6 Corners Lofts in the in the Norwood Park neighborhood starting from $2,580. The second greatest value Norwood Park apartment is the 2 Bedroom 2 Bath Model at 1027 W Touhy Ave starting at $2,095 with a $2.29 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
6 Corners Lofts | 1BR/1.0BA | 1BR,1BA | $2.74 |
1027 W Touhy Ave | 2 Bedroom 2 Bath | 2BR,2BA | $2.29 |
5821 N Moody Ave, Unit 1st Floor | 5821 N Moody Ave | 1BR,1BA | $1.87 |
Highpoint at 8000 North | A2 | 1BR,1BA | $3.27 |
Mont Clare | A8 | 1BR,1BA | $2.29 |
7251-7259 Lawrence | studio | Studio ,1BA | $4.50 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Norwood Park
What type of rentals are currently available in Norwood Park?
There are currently 125 Apartments for Rent in Norwood Park, IL with pricing that ranges from $900 to $3,914. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Norwood Park ranging from $1,650 to $4,500.
What is the current price range for Rental Homes in Norwood Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Norwood Park ranges from $1,650 to $4,500 with an average monthly rent of $2,644.
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.

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.

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.

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.

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.