
Cheap Homes for Rent in Lakeview East Neighborhood of Chicago, IL from $1,000 (202 Rentals)
Search the lowest-cost Homes available for rent right now in the Lakeview East area of Chicago.


Room in Shared 3 bed/1 bath home

516 W Melrose St

750 W Cornelia Ave

511 W Melrose St

511 W Melrose St

516 W Melrose, Unit #111

2876 N Clark St

1100 W Roscoe St

1100 W Roscoe St
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.

2827 N Burling St, Unit 04

516 W Melrose

501 W Belmont Ave

420 W Aldine Ave, Unit 520

505 W Belmont Ave

658 W Oakdale Ave

656 W Oakdale Ave

611 W Patterson Ave, Unit #106

640 W Wrightwood Ave

540 W Wellington Ave
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.

816 W Waveland Ave

640 W Wrightwood Ave

612 W Patterson Ave

545 W Wellington Ave

434 W Wellington Ave

630 W Wrightwood Ave, Unit 109

734 W Waveland Ave, Unit #03

3449 N Elaine Pl

3727 N Pine Grove Ave

3727 N Pine Grove Ave
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

3727 N Pine Grove Ave

3727 N Pine Grove Ave

426 W Barry Ave, Unit 209

3449 N Elaine Pl

540 W Roscoe St

612 W Patterson Ave

540 W Roscoe St

541 W Arlington Pl

620 W Patterson Ave

536 W Arlington Pl
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

526 W Cornelia Ave, Unit 3

520 W Aldine Ave

520 W Aldine Ave

536 W Arlington Pl

520 Aldine

434 W Wellington Ave

516 W Cornelia Ave

800 W Cornelia Ave

660 W Wrightwood Ave

544 W Surf, Unit 2W
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Lakeview East, Chicago, IL Local Guide

How much does it cost to rent a home in Lakeview East?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakeview East 2 Bedroom Homes for Rent | $3,226 | $2,000 | $5,288 |
| Lakeview East 3 Bedroom Homes for Rent | $4,754 | $1,060 | $10,000+ |
| Lakeview East 4 Bedroom Homes for Rent | $6,268 | $3,895 | $9,000 |
| Lakeview East 5 Bedroom Homes for Rent | $22,250 | $6,500 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 202 rentals with your search options within a 1 mile radius of the Lakeview East Neighborhood of Chicago, IL.
Explore Chicago
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. 3510 N. Pine Grove has the second lowest priced unit, which is a Studio apartment currently listed from $1,148. Here are the most affordable Lakeview East apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 424 W. Diversey | Studio | Studio,1BA | $1,125 |
| 3510 N. Pine Grove | STUD/1BA | Studio,1BA | $1,148 |
| 422-24 Melrose | S2 | Studio,1BA | $1,174 |
| Parkway Apartments | Studio - Tier 8 | Studio,1BA | $1,210 |
| 536 W. Addison | STUD/1BA | Studio,1BA | $1,210 |
| 450 W. Melrose | STUD/1BA | Studio,1BA | $1,239 |
Best Value Apartments for Rent in Lakeview East, IL
As of February 22, 2026 the best value apartment in the Lakeview East area is the $2.27 price per square foot 1129 W Oakdale Ave Model at 1129 W Oakdale Ave, Unit 1 in the in the Lakeview neighborhood starting from $2,495. The second greatest value Lakeview East apartment is the 1124 W Roscoe St Model at 1124 W Roscoe St, Unit G starting at $2,000 with a $2.00 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1129 W Oakdale Ave, Unit 1 | 1129 W Oakdale Ave | 2BR,1BA | $2.27 |
| 1124 W Roscoe St, Unit G | 1124 W Roscoe St | 2BR,1BA | $2.00 |
| 540 W Aldine Ave, Unit 3 | 540 W Aldine Ave | 2BR,1BA | $2.15 |
| 456 W Barry Ave, Unit A03C | 456 W Barry Ave | 1BR,1BA | $2.26 |
| 3146 N Southport Ave, Unit G | 3146 N Southport Ave | 2BR,1BA | $2.17 |
| 549 W Surf, Unit 3S | 549 W Surf | 1BR,1BA | $2.22 |
| 634 W. Cornelia | 1-BR/1BA | 1BR,1BA | $2.09 |
| 2325 N Commonwealth Ave, Unit S | 2325 N Commonwealth Ave | Studio ,1BA | $2.00 |
| 523 W Melrose St, Unit A02C | 523 W Melrose St | 1BR,1BA | $2.21 |
| 618 W Patterson Ave, Unit 508 | 618 W Patterson Ave | Studio ,1BA | $2.04 |
Frequently Asked Questions about Lakeview East
What type of rentals are currently available in Lakeview East?
There are currently 1809 Apartments for Rent in Lakeview East, IL with pricing that ranges from $1,125 to $13,380. There are also 499 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeview East ranging from $1,036 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 $1,036 to $38,000 with an average monthly rent of $6,721.
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 $2,695 to $13,380, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,060 to $13,000. Four Bedroom Single-Family rentals are also available starting from $3,895 and Four Bedroom Apartments start at $3,950.
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

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.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
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.

Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
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.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.