
Cheap 1 Bedroom Apartments for Rent in the River East Neighborhood of Chicago, IL from $1,600 (126 Rentals)


14 West Elm Apartments

Dearborn North

55 W. Chestnut

18 E. Elm

Fisher Building Apartments

25 E. Delaware

Total Monthly Price
211 E Ohio st., Unit 305, Unit 305

211 E Ohio St, Unit 911, Unit 911

1000 N. LaSalle
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

1036 N. Dearborn

Columbus Plaza

Total Monthly Price
1136 N La Salle Dr

777 N Michigan Ave, Unit # 01706, Unit # 01706

200 N Dearborn St, Unit 1503, Unit 1503

200 N Dearborn St, Unit 1503

40 East Oak

10 E. Ontario St.

440 N Wabash Ave, Unit 01707, Unit 01707

1120 N. LaSalle
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

106 W Chicago Ave, Unit 304, Unit 304

100 W. Chestnut

1133 N. Dearborn

320 N. Michigan

630 N Franklin St, Unit 513, Unit 513

401 E Ontario St

200 N Dearborn St, Unit 04503, Unit 04503

469 E Ohio St, Unit 469 E Ohio

1140 N La Salle Dr, Unit 217

Lake Shore Plaza
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.

Millennium Park Plaza

1100 North Lasalle

1111 N. Dearborn

735 N Dearborn St

Total Monthly Price
188 N Wells St, Unit SI FL3-ID1240

Asbury Plaza

Pittsfield Apartments

235 W Van Buren St

630 N Franklin St, Unit # 0513, Unit # 0513

127 Maple Ave
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.

300 N State St, Unit 04330, Unit 04330

20 N State St, Unit 1139, Unit 1139

30 W Huron St, Unit 02606, Unit 02606

168 W Randolph St

75 N Dearborn St

756 N Dearborn St

Century Tower

431 S Dearborn St, Unit 909, Unit 909

5 N Wabash Ave

Total Monthly Price
750 N Rush St, Unit SI FL13-ID269
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.
River East, Chicago, IL Local Guide

How much does it cost to rent an apartment in River East?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| River East Studio Apartments | $2,515 | $1,295 | $4,935 |
River East 1 Bedroom Apartments | $3,140 | $1,600 | $10,000+ |
| River East 2 Bedroom Apartments | $4,689 | $1,790 | $10,000+ |
| River East 3 Bedroom Apartments | $6,412 | $999 | $10,000+ |
| River East 4 Bedroom Apartments | $2,355 | $999 | $10,000+ |
Explore Chicago
Frequently Asked Questions about Cheap River East Apartments
What is a cheap apartment in River East?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in River East is under $1,795.
What is the price of a cheap apartment in River East?
The cheapest apartment in River East is Maple which is listed at $1,230, while the average apartment in River East costs $16,519.
What types of apartments are the cheapest in River East?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 17 regular apartments in River East that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in River East?
Cheap apartments in River East have an average cost of $745 which is $15,774 cheaper than the average rent for all rentals in River East.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.