Cheap Apartments for Rent in the Lakeview Neighborhood of Chicago, IL from $500 (340 Rentals)

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

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Times Square Apartments
$1,111 - $3,119
Total Monthly Price

Total Monthly Price

Base Rent
$1,061 - $3,069
Required Monthly Fees
$50
Total Monthly Price
$1,111 - $3,119
Studio to 2 Bedroom Apartments Available Now

Times Square Apartments

869 W Buena AveChicago, IL 60613
Affordability
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  • Customer Reviewed
  • 3D Tour

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

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Annabelle LLC
$1,250 - $1,295
Total Monthly Price

Total Monthly Price

Base Rent
$884 - $929
Required Monthly Fees
$366
Total Monthly Price
$1,250 - $1,295
Studio Apartments Available Apr 20

Annabelle LLC

661 W Sheridan AveChicago, IL 60613
Affordability
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  • Customer Reviewed
  • 3D Tour
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3835 N Fremont St
$1,250 - $1,795
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $1,795
Total Monthly Price
$1,250 - $1,795
Studio to 1 Bedroom Apartment Available Now

3835 N Fremont St

3835 N Fremont StChicago, IL 60613
Affordability

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

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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!

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739 W Belmont Ave
$1,350 - $2,195
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $2,195
Total Monthly Price
$1,350 - $2,195
Studio to 2 Bedroom Apartment Available Now

739 W Belmont Ave

739 W Belmont AveChicago, IL 60657
Affordability

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

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Lakeview, Chicago, IL Local Guide

Cheapest Available Lakeview Apartments for Rent

 

The cheapest available apartment rental in the Lakeview area of Chicago, IL is a Studio unit found at 640 Briar priced from $1,075. 424 W. Diversey has the second lowest priced unit, which is a Studio apartment currently listed from $1,135. Here are the most affordable Lakeview apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
640 BriarStudioStudio,1BA$1,075
424 W. DiverseyStudioStudio,1BA$1,135
3838 N. BroadwayStudioStudio,1BA$1,195
721 W. BelmontStudioStudio,1BA$1,195
Parkway ApartmentsStudio - Tier 2Studio,1BA$1,210
3510 N. Pine GroveSTUD/1BAStudio,1BA$1,210

Best Value Apartments for Rent in Lakeview, IL

As of April 01, 2026 the best value apartment in the Lakeview area is the $1.68 price per square foot 933 W Irving Park Rd Model at 933 W Irving Park Rd, Unit J09W in the in the Lakeview neighborhood starting from $4,200. The second greatest value Lakeview apartment is the 3637 N Paulina St Model at 3637 N Paulina St, Unit 1 starting at $3,350 with a $1.71 price per square foot in the Lakeview neighborhood. Here is today’s list of the best values for Lakeview apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
933 W Irving Park Rd, Unit J09W933 W Irving Park Rd3BR,3BA$1.68
3637 N Paulina St, Unit 13637 N Paulina St3BR,2BA$1.71
3637 N Paulina St, Unit 1A3637 N Paulina St3BR,2BA$2.02
4318 N Sheridan Rd, Unit 24318 N Sheridan Rd2BR,2BA$1.75
652 W Gordon Ter, Unit 1E652 W Gordon Ter2BR,2BA$2.20
4000 N Southport Ave, Unit 2N4000 N Southport Ave3BR,1BA$2.14
900 W Montrose Ave906 Montrose - 3 bed / 1.5 bth3BR,1.5BA$2.15
908 W Montrose Ave908 W Montrose Ave2BR,1.5BA$2.23
3820 N Sheffield Ave3820 N Sheffield Ave2BR,2BA$2.08
456 W Barry Ave, Unit A03C456 W Barry Ave1BR,1BA$2.26

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Pet Friendly Lifestyle
Lakeview, Chicago, IL

Ranked #5

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Lakeview, Chicago, IL

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Illinois, including Chicago. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, family-friendly amenities, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Lakeview Apartments

What is the Cheapest Studio apartment in Lakeview?

Currently the most affordable Cheap Studio Apartment in Lakeview is at 640 Briar listed at $1,075.

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

The lowest price for a Cheap One Bedroom Lakeview Apartment is $1,331 at Parkway Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lakeview is starting from $2,395 at 4100 N. Marine Dr..

What is the most affordable Lakeview Three Bedroom Apartment?

The best deal on a cheap Lakeview Three Bedroom Apartment rental is at Buena Shores and starts from $2,250.

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

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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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.

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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.

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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

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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.

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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.

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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.

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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.