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Budget apartments for rent in the Near North, Chicago

Budget apartments for rent in the Near North, Chicago
440 N. Wabash Ave. | Photo: Zumper
By Hoodline - Published on April 22, 2020.

It can be challenging to find a good spot for a reasonable price when seeking a rental. So what does a cheap price on a rental in the Near North look like these days — and what might you get for the price?

According to Walk Score, the neighborhood is extremely walkable, is quite bikeable and boasts excellent transit options. It also features median rents for a one bedroom that hover around $2,000, compared to a $1,600 one-bedroom median for Chicago as a whole.

A look at local listings in the Near North via rental sites Zumper and Apartment Guide offers an overview of what price-conscious apartment seekers can expect to find in this Chicago neighborhood.

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

Hoodline offers data-driven analysis of local happenings and trends across cities. Links included in this article may earn Hoodline a commission on clicks and transactions.


14 W. Elm St.

Photo: Apartment Guide
Photo: Apartment Guide

Listed at $1,095/month, this 390-square-foot studio apartment, located at 14 W. Elm St., is 36.5% less than the $1,725/month median rent for a studio in the Near North.

Building amenities include on-site laundry, a gym and secured entry. The apartment also includes hardwood flooring and a dishwasher. The listing is cat-friendly. Look out for a $300 cat deposit.

(See the complete listing here.)

440 N. Wabash Ave.

Photo: Zumper

This studio condo, situated at 440 N. Wabash Ave., is listed for $1,495/month.

You'll find a walk-in closet, a deck and hardwood flooring in the unit. The building features a gym, a swimming pool and on-site laundry. Cats and dogs are not allowed.

(See the complete listing here.)

300 N. State St.

Photo: Zumper
Photo: Zumper

Here's a studio apartment at 300 N. State St., which, at 500 square feet, is going for $1,550/month.

When it comes to building amenities, expect garage parking, on-site laundry and a gym. In the unit, expect to find a balcony and air conditioning. Pets are not welcome. Future tenants needn't worry about a leasing fee.

(See the full listing here.)

1130 N. Dearborn St.

Photo: Zumper
Photo: Zumper

Check out this 545-square-foot studio apartment at 1130 N. Dearborn St., listed at $1,597/month.

When it comes to building amenities, expect garage parking and a swimming pool. In the unit, expect to find a dishwasher, a deck and hardwood flooring. This listing is cat-friendly. There isn't a leasing fee associated with this rental.

(Here's the listing.)

1120 N. LaSalle St.

Photo: Apartment Guide
Photo: Apartment Guide

This one-bedroom, one-bathroom apartment, situated at 1120 N. LaSalle St., is listed for $1,701/month for its 750 square feet.

In the unit, you'll find a dishwasher and hardwood flooring. The rental is cat-friendly. When it comes to building amenities, expect a gym, secured entry and garage parking.

(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. Additionally, get free local real estate marketing ideas and tools for agents, brokers and more.

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