Cheap Homes for Rent in Lakeview Neighborhood of Chicago, IL from $800 (261 Rentals)

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

property at 1050 W George St

1050 W George St

ChicagoIL60657
Showing Results 1-50, Page 1 of 6

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 $1,000. 424 W. Diversey has the second lowest priced unit, which is a Studio apartment currently listed from $1,095. Here are the most affordable Lakeview apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
640 BriarStudioStudio,1BA$1,000
424 W. DiverseyStudioStudio,1BA$1,095
3838 N. BroadwayStudioStudio,1BA$1,145
3834 N SheffieldStudioStudio,1BA$1,145
The Annabelle ApartmentsStudio Floor Plan S3Studio,1BA$1,145
Kenmore0BR/1.0BAStudio,1BA$1,175

Best Value Apartments for Rent in Lakeview, IL

As of November 14, 2025 the best value apartment in the Lakeview area is the $1.67 price per square foot 1019 W Oakdale Ave Model at 1019 W Oakdale Ave, Unit 1 in the in the Lakeview neighborhood starting from $4,995. The second greatest value Lakeview apartment is the 1019 W Oakdale Ave Model at 1019 W Oakdale Ave, Unit 1 starting at $4,995 with a $1.67 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.
1019 W Oakdale Ave, Unit 11019 W Oakdale Ave4BR,2BA$1.67
1019 W Oakdale Ave, Unit 11019 W Oakdale Ave4BR,2BA$1.67
1019 W Oakdale Ave, Unit ONE1019 W Oakdale Ave4BR,2BA$1.78
1529 W Nelson St, Unit CH1529 W Nelson St3BR,2BA$1.63
3637 N Paulina St, Unit #13637 N Paulina St3BR,2BA$1.71
3637 N Paulina St, Unit 13637 N Paulina St3BR,2BA$1.71
4101 N Kenmore Ave, Unit M01H4101 N Kenmore Ave3BR,2BA$1.66
4318 N Sheridan Rd, Unit 24318 N Sheridan Rd2BR,2BA$1.75
1454 W School St, Unit A09C1454 W School St2BR,1BA$1.71
1340 W Byron St, Unit 011340 W Byron St2BR,1BA$1.79

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Pet Friendly Lifestyle
Lakeview, Chicago, IL

Ranked #11

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

Frequently Asked Questions about Lakeview

What type of rentals are currently available in Lakeview?

There are currently 2288 Apartments for Rent in Lakeview, IL with pricing that ranges from $1,094 to $27,000. There are also 628 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeview ranging from $850 to $40,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakeview ranges from $850 to $40,000 with an average monthly rent of $3,913.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakeview range from $2,170 to $8,495, while Three Bedroom Homes, Condos, and Townhomes for rent range from $860 to $40,000. Four Bedroom Single-Family rentals are also available starting from $3,895 and Four Bedroom Apartments start at $4,604.

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.

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

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.