Cheap Homes for Rent in River North Neighborhood of Chicago, IL from $1,200 (85 Rentals)

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Search the lowest-cost Homes available for rent right now in the River North area of Chicago.

property at 300 N State St

300 N State St

ChicagoIL60654

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.

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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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property at 143 W Huron St

143 W Huron St

ChicagoIL60654
property at 719 N Clark St

719 N Clark St

ChicagoIL60654
property at 7 W Superior St

7 W Superior St

ChicagoIL60654
Showing Results 1-50, Page 1 of 2

Cheapest Available River North Apartments for Rent

 

The cheapest available apartment rental in the River North area of Chicago, IL is a Studio unit found at 25 E. Delaware priced from $1,325. Gramercy Row Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,390. Here are the most affordable River North apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
25 E. DelawareStudioStudio,1BA$1,325
Gramercy Row ApartmentsStudio Floor Plan S8Studio,1BA$1,390
Marina CityFurnished StudioStudio,1BA$1,800
The Bush TempleH-A13Studio,1BA$1,895
320 N. MichiganStudio1BR,1BA$1,895
55 W. ChestnutConvertible1BR,1BA$1,977
21 E ChestnutStudioStudio,1BA$1,995
The Gallery on WellsStudio (452 sf)Studio,1BA$2,012
West77 ApartmentsStudioStudio,1BA$2,035
10 E. Ontario St.1 Bedroom Corner1BR,1BA$2,050

Best Value Apartments for Rent in River North, IL

As of April 21, 2025 the best value apartment in the River North area is the $3.13 price per square foot Type A Model at Chestnut Row Homes in the in the Magnificent Mile neighborhood starting from $15,000. The second greatest value River North apartment is the 750 N Rush St Model at 750 N Rush St, Unit FL22-ID160 starting at $2,190 with a $1.83 price per square foot in the Magnificent Mile neighborhood. Here is today’s list of the best values for River North apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Chestnut Row HomesType A4BR,4.5BA$3.13
750 N Rush St, Unit FL22-ID160750 N Rush St2BR,2BA$1.83
303 W Ohio St, Unit Silver Tower303 W Ohio St2BR,2BA$3.26
Chateau on WellsUnit 02 Tier2BR,2BA$3.22
10 E. Ontario St.1 Bedroom1BR,1BA$2.11
440 N. Wabash Ave.1 Bedroom - 1 Bathroom1BR,1BA$2.53
2 E Erie St, Unit 27072 E Erie St1BR,1BA$3.03
750 N Rush St, Unit FL16-ID270750 N Rush St1BR,1BA$2.69
545 N Dearborn St, Unit 2201B545 N Dearborn St1BR,1BA$2.88
311 W Illinois St, Unit FL11-ID1137311 W Illinois St1BR,1BA$2.69

Frequently Asked Questions about River North

What type of rentals are currently available in River North?

There are currently 249 Apartments for Rent in River North, IL with pricing that ranges from $1,249 to $77,776. There are also 336 Single Family Homes for rent, Condos, and Townhome rentals currently available in River North ranging from $1,254 to $20,000.

What is the current price range for Rental Homes in River North?

Today's rental pricing for Homes for Rent, Condos and Townhomes in River North ranges from $1,254 to $20,000 with an average monthly rent of $4,484.

How much are larger Three and Four Bedroom Rentals in River North?

For those who are looking for larger living arrangements, Three Bedroom Apartments in River North range from $4,816 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,200 to $20,000. Four Bedroom Single-Family rentals are also available starting from $5,500 and Four Bedroom Apartments start at $7,000.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.