Finding an affordable apartment in one of Chicago’s most sought-after neighborhoods might seem like a challenge, but River North offers several options that combine stunning spaces and vibrant urban living—without breaking the bank. Whether you’re a young professional, a student, or someone seeking stylish city living at a fraction of the usual cost, River North has listings that can fit your needs and budget.

This post will explore some of the most affordable apartment buildings in Chicago’s River North neighborhood. We’ll also outline the perks of living in this iconic area and share tips on finding the best deals.

55 W. Chestnut

Located on its namesake street, 55 W. Chestnut offers suites ranging from 578 to 601 square feet that seamlessly blend affordability with sought-after features rarely found in downtown Chicago real estate. Starting at just $1,900 per month, each one-bedroom unit includes multiple closets, stainless steel appliances, and floor-to-ceiling bay windows.

A significant part of the value at 55 W. Chestnut lies in the intangibles; while often overlooked in the search for affordable housing, exemplary management can greatly influence your living experience. Residents consistently praise the community’s management team for their effective communication and reliability, creating an environment where you truly feel at home. Additional conveniences include on-site laundry facilities, private parking, a fitness center, and a pet-friendly policy, all enhancing the overall appeal of this exceptional residential option.

AMLI River North

Address: 71 W. Hubbard Street

Starting Rent: $1,820/month for a studio

Sustainability meets affordability at AMLI River North. This LEED-certified building offers eco-friendly luxury living through energy-efficient appliances, green cleaning initiatives, and easy access to shops, cafes, and galleries.

1120 N. LaSalle

1120 N. LaSalle sets the standard for affordable living near River North and arguably throughout Chicago. With studio to two-bedroom apartments starting at just $1,700, 1120 N. LaSalle apartments offer impressive interior features and generous living space.

The floor plans are enhanced by large windows that bathe the rooms in natural light, while vinyl and tile flooring, plush carpeting, and LED lighting add to the comfort and convenience. Larger units, reaching up to 872 square feet, often feature formal dining rooms and walk-out balconies. Residents benefit from an array of complimentary amenities, including on-site laundry, dry cleaning, package handling, door staff, recycling services, and organized social events.

One Superior Place

Address: 1 W. Superior Street

Starting Rent: $1,700/month for a studio

This high-rise offers luxury living at a wallet-friendly price. Residents can relax in the outdoor pool, work out in a state-of-the-art fitness center, or enjoy the breathtaking city views. Plus, the One Superior Place apartment building is pet-friendly—perfect for renters with furry companions!

100 W. Chestnut

100/100 in many respects, 100 W. Chestnut has lots to offer renters in the market for an affordable Chicago apartment building. Let’s start with the residences themselves; one-bedroom and two-bedroom units here are spacious by default, offering no less than 700 square feet. Interiors look even more expansive by panoramic windows obviously selected to make the most out of an exceptional downtown location. Those on the higher floors of this 30-story building get great views of city lights on all fronts. Select suites include decks, and virtually every home’s kitchen is equipped with stainless steel appliances and stone countertops. Walk-in closets, large bedrooms, and high-speed internet access also come standard.

Take a look at the amenities and you’d be surprised to learn that rent at 100 W. Chestnut goes as low as $2,000 a month. We’re talking a fitness center, a hot tub, a pool, a spa, a bicycle storage room, a business center, a lounge, a multi-use room, and even corporate suites. All of this rests securely under the protection of a controlled access system and a dedicated front lobby team.

77 W. Huron

Known as 77West, the apartment building at 77 W. Huron has distinguished itself in various ways. Local real estate agents frequently recommend it not only for its offerings but also for its exceptional affordability, with prices starting under $1,900. This building houses a diverse array of 304 units, ranging from studios to three-bedroom apartments, each providing at least 536 square feet—spacious compared to the typical shoebox condos in the area. The building’s 25 stories also feature much larger suites, with the most expansive floor plans offering over 2,200 square feet of indoor living space, plus additional outdoor area on private balconies.

For city dwellers needing more room, extra storage for bikes and larger items is available downstairs, accompanied by numerous recreational amenities. Residents can enjoy a rooftop pool open year-round, a lobby lounge with complimentary WiFi, a party room complete with a catering kitchen, and a cutting-edge fitness center. The building’s management team ensures everything runs seamlessly, delivering exceptional service with a 24-hour concierge desk and door staff ready to assist with packages, visitors, and any needs that may arise.

The Clark Apartments

Address: 300 W. Grand Avenue

Starting Rent: $1,650/month for studio apartments

The Clark Apartments is a great choice for renters on a budget who don’t want to compromise on modern amenities. Residents enjoy in-unit laundry, stainless steel appliances, and hardwood flooring—all within walking distance of the Merchandise Mart, CTA stops, and some of the best restaurants in the area.

Left Bank

Left Bank, located at 300 N Canal Street in Chicago, offers more than just affordable apartment living; it is also highly rated. This V4.1 Gold LEED-certified community excels in various aspects of accommodation, providing accessibility for those with disabilities, being pet-friendly, and offering flexible leases ranging from six to thirteen months, all of which contribute to a sense of freedom for its residents.

Prospective tenants can choose from a range of floor plans, from studios to three-bedroom units, with sizes starting at over 500 square feet and reaching up to 1,738 square feet for three-bedroom, three-bathroom homes. Monthly rent for the smallest units begins around $2,200. Each suite features quartz and granite countertops, stainless steel appliances, and vaulted ceilings. Residents also enjoy a variety of amenities, including a sundeck, courtyard, fitness center, bicycle storage, clubhouse, multi-use room, business center, and conference rooms.