Cheap Homes for Rent in the Lakeview East Neighborhood of Chicago, IL from $1,200 (348 Rentals)

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

property at 3711 N Pine Grove Ave

$1,300 - $1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $1,800
Total Monthly Price
$1,300 - $1,800

Studio To 1 Bedroom Condos for Rent

Available Now

3711 N Pine Grove Ave

ChicagoIL60613

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 632 W Wrightwood Ave

$1,395 - $1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $1,450
Total Monthly Price
$1,395 - $1,450

Studio, 1 Bath Condo for Rent

Available Now

632 W Wrightwood Ave

ChicagoIL60614

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 705 W Brompton Ave

$1,495 - $2,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,495 - $2,050
Total Monthly Price
$1,495 - $2,050

Studio To 1 Bedroom Condos for Rent

Available Now

705 W Brompton Ave

ChicagoIL60657

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 7

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 424 W. Diversey priced from $1,125. Parkway Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,279. Here are the most affordable Lakeview East apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
424 W. DiverseyStudioStudio,1BA$1,125
Parkway ApartmentsStudio - Tier 9Studio,1BA$1,279
534 W. Wellington AveStudioStudio,1BA$1,300
Beachwalk ApartmentsStudio Floor Plan S1Studio,1BA$1,337

Best Value Apartments for Rent in Lakeview East, IL

As of July 08, 2026 the best value apartment in the Lakeview East area is the $1.88 price per square foot 1142 W Wolfram St Model at 1142 W Wolfram St, Unit 2 in the in the Lakeview neighborhood starting from $4,500. The second greatest value Lakeview East apartment is the 1320 W Diversey Pky Model at 1320 W Diversey Pky, Unit 3 starting at $5,000 with a $2.29 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.
1142 W Wolfram St, Unit 21142 W Wolfram St4BR,2BA$1.88
1320 W Diversey Pky, Unit 31320 W Diversey Pky3BR,2BA$2.29
3730 N Magnolia Ave, Unit 33730 N Magnolia Ave3BR,1BA$1.72
3704 N Magnolia Ave3704 N Magnolia Ave3BR,1BA$1.82
625 W Belmont Ave625 W Belmont Ave3BR,2BA$2.33
3300 N Racine Ave, Unit 3300 N Racine3300 N Racine Ave3BR,1BA$2.38
433 W Roscoe St, Unit 406433 W Roscoe St1BR,1BA$2.10
624 W Cornelia Ave, Unit 1BD624 W Cornelia Ave1BR,1BA$2.31
618 W Patterson, Unit 508618 W PattersonStudio ,1BA$2.04
534 W. Wellington AveStudioStudio ,1BA$2.36

Frequently Asked Questions about Lakeview East

What type of rentals are currently available in Lakeview East?

There are currently 1721 Apartments for Rent in Lakeview East, IL with pricing that ranges from $1,125 to $13,380. There are also 753 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeview East ranging from $1,250 to $38,000.

What is the current price range for Rental Homes in Lakeview East?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakeview East ranges from $1,250 to $38,000 with an average monthly rent of $7,845.

How much are larger Three and Four Bedroom Rentals in Lakeview East?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakeview East range from $2,495 to $13,380, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,850 to $10,000. Four Bedroom Single-Family rentals are also available starting from $3,895 and Four Bedroom Apartments start at $3,800.

Expert Rental Resources

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.

Helpful Local Expert Guides

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

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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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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

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With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

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Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

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Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.