Chicago/ Real Estate & Development
Published on September 20, 2019
The most affordable apartments for rent in Near North Side1350 Wells St. | Photo: Zumper

According to rental site Zumper, median rents for a one bedroom in Old Town are hovering around $1,995, compared to a $1,595 one-bedroom median for Chicago as a whole.

So how does the low-end pricing on an Old Town rental look these days — and what might you get for your money?

We took a look at local listings from Zumper and Apartment Guide to find out what price-conscious apartment seekers can expect to find in the neighborhood, which, according to Walk Score ratings, has excellent walkability, is convenient for biking and boasts excellent transit options.

Read on for the cheapest listings available right now. (Note: Prices and availability are subject to change.)

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North LaSalle Drive and West Division Street

Photo: Zumper
Photo: Zumper

Listed at $1,505/month, this 700-square-foot one-bedroom, one-bathroom apartment, located at North LaSalle Drive and West Division Street, is 37 percent less than the $2,390/month median rent for a one bedroom in Near North Side.

When it comes to building amenities, expect an elevator, on-site laundry and a gym. The unit also has hardwood flooring, a dishwasher and a deck. Pets are not allowed. The rental doesn't require a leasing fee.

(See the complete listing here.)

1360 N. Sandburg Terrace

Photo: Zumper
Photo: Zumper

Next, here's a junior one-bedroom, one-bathroom residence, situated at 1360 N. Sandburg Terrace, is listed for $1,700/month.

The unit includes a dishwasher, both air conditioning and central heating and stainless steel appliances. The building offers garage parking, a swimming pool and roof deck. Cats and dogs are not welcome. Be prepared for a $700 administrative fee.

(See the complete listing here.)

1505 N. Dearborn St.

Photo: Zumper
Photo: Zumper

Then, there's this one-bedroom, one-bathroom abode at 1505 N. Dearborn St., which, at 800 square feet, is going for $1,700/month.

Amenities offered in the building include assigned parking. The second floor unit also has high ceilings, a fireplace and air conditioning. Cats and dogs are not allowed.

(See the full listing here.)

1350 N. Wells St.

Photo: Zumper
Photo: Zumper

Lastly, there's this 740-square-foot apartment with one bedroom and one bathroom at 1350 N. Wells St., listed at $1,920/month.

You can expect to see central air conditioning in the loft unit. For those with furry friends in tow, this rental is pet-friendly. The building features a business center and a gym. Future tenants needn't worry about a leasing fee.

(See the listing here.)


This story was created automatically using local real estate data from Zumper and Apartment Guide, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.

Chicago-Real Estate & Development