Cheap Apartments for Rent in the Lakeview East Neighborhood of Chicago, IL from $800 (480 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lakeview East area of Chicago.

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Lakeview East, Chicago, IL Local Guide

Cheapest Available Lakeview East Apartments for Rent

 

The cheapest available apartment rental in the Lakeview East area of Chicago, IL is a Studio unit found at 721 W. Belmont priced from $1,055. 424 W. Diversey has the second lowest priced unit, which is a Studio apartment currently listed from $1,075. Here are the most affordable Lakeview East apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
721 W. BelmontStudioStudio,1BA$1,055
424 W. DiverseyStudioStudio,1BA$1,075
Parkway ApartmentsStudio - Tier 3Studio,1BA$1,200
534 W. Wellington AveStudioStudio,1BA$1,200
596 W HawthorneStudioStudio,1BA$1,262

Best Value Apartments for Rent in Lakeview East, IL

As of June 17, 2025 the best value apartment in the Lakeview East area is the $0.43 price per square foot 1229 W Barry Ave Model at 1229 W Barry Ave, Unit George in the in the Lakeview neighborhood starting from $2,600. The second greatest value Lakeview East apartment is the 3345 N Clark St Model at 3345 N Clark St, Unit 3 starting at $5,750 with a $1.74 price per square foot in the Lakeview neighborhood. Here is today’s list of the best values for Lakeview East apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1229 W Barry Ave, Unit George1229 W Barry Ave2BR,2BA$0.43
3345 N Clark St, Unit 33345 N Clark St5BR,2BA$1.74
3655 N Southport Ave, Unit G05C3655 N Southport Ave2BR,2BA$1.91
912 W Newport Ave, Unit 1912 W Newport Ave3BR,2BA$2.20
1246 W Diversey Pky, Unit J08P1246 W Diversey Pky1BR,1BA$1.83
1246 W Diversey Pky, Unit 2c1246 W Diversey Pky1BR,1BA$1.83
1246 W Diversey Pky, Unit 21246 W Diversey Pky1BR,1BA$1.83
3706 N Wayne Ave, Unit G3706 N Wayne Ave1BR,1BA$1.99
515 W Arlington Pl, Unit M07B515 W Arlington PlStudio ,1BA$2.04
534 W. Wellington AveStudioStudio ,1BA$2.18

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Pet Friendly Lifestyle
Lakeview East, Chicago, IL

Ranked #11

Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in areas across the United States, including Chicago. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Lakeview East Neighborhood in Chicago, IL

Walk Score®

95 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

90 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

78 / 100

Excellent Transit

Transit is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lakeview East Apartments

What is the Cheapest Studio apartment in Lakeview East?

Currently the most affordable Cheap Studio Apartment in Lakeview East is at 721 W. Belmont listed at $1,055.

How much is rent for a Cheap One Bedroom Lakeview East Apartment?

The lowest price for a Cheap One Bedroom Lakeview East Apartment is $1,450 at 534 W. Wellington Ave.

What is the lowest price for a Cheap Two Bedroom Lakeview East Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lakeview East is starting from $2,399 at 801-13 W. Cornelia.

What is the most affordable Lakeview East Three Bedroom Apartment?

The best deal on a cheap Lakeview East Three Bedroom Apartment rental is at Belmont Tower Apartments and starts from $2,900.

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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.