
Cheap Apartments for Rent in the River East Neighborhood of Chicago, IL from $1,000 (98 Rentals)
Search the lowest-cost Apartments available for rent right now in the River East area of Chicago.


1167 N Dearborn St

14 West Elm Apartments

Gramercy Row Apartments

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr
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.

1160 N Dearborn St, Unit 212

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

1036 N. Dearborn

1140 N La Salle Dr

Dearborn North

1140 N La Salle Dr

1162 - 1168 N La Salle Blvd
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.

1100 North Lasalle

25 E. Delaware

1160 N Dearborn St, Unit S07C

1150 N Dearborn St, Unit M01B

1167 N Dearborn St

1140 N La Salle Dr

1167 N Dearborn St

1167 N Dearborn St

1140 N La Salle Dr
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.

1140 N La Salle Dr

1140 N La Salle Dr

1154 N Dearborn St, Unit M07B

253 E Delaware Pl

1154 N Dearborn St, Unit 507

1140 N La Salle Dr

1140 N La Salle Dr
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1140 N La Salle Dr

Pittsfield Apartments

244 E. Pearson

MDA Apartments

203 N Wabash Ave, Unit 1905

1100 N Dearborn

343 S Dearborn St

111 W Maple St
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms
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 | $2,787 | $1,105 | $10,000+ |
River East 1 Bedroom Apartments | $3,551 | $1,230 | $10,000+ |
River East 2 Bedroom Apartments | $5,174 | $1,975 | $10,000+ |
River East 3 Bedroom Apartments | $8,636 | $3,095 | $10,000+ |
River East 4 Bedroom Apartments | $12,799 | $7,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 98 rentals with your search options within a 1 mile radius of the River East Neighborhood of Chicago, IL.
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River East, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
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Cheapest Available River East Apartments for Rent
 The cheapest available apartment rental in the River East area of Chicago, IL is a 4 Beds unit found at Buckingham priced from $1,149. 11 W. Division has the second lowest priced unit, which is a Studio apartment currently listed from $1,225. Here are the most affordable River East apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Buckingham | 4x2. Floors 3-13 | 4BR,2BA | $1,149 |
11 W. Division | Studio | Studio,1BA | $1,225 |
Maple | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,230 |
1036 N. Dearborn | Studio | Studio,1BA | $1,345 |
1162 - 1168 N La Salle Blvd | 1 Bed 1 Bath | 1BR,1BA | $1,375 |
1100 North Lasalle | Studio | Studio,1BA | $1,390 |
25 E. Delaware | Studio | Studio,1BA | $1,395 |
18 E. Elm | Studio | Studio,1BA | $1,395 |
Best Value Apartments for Rent in River East, IL
As of June 24, 2025 the best value apartment in the River East area is the $2.66 price per square foot 864 N State St Model at 864 N State St, Unit 2 in the in the Magnificent Mile neighborhood starting from $4,250. The second greatest value River East apartment is the B3PH Model at Fisher Building Apartments starting at $3,670 with a $2.45 price per square foot in the Chicago Loop neighborhood. Here is today’s list of the best values for River East apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
864 N State St, Unit 2 | 864 N State St | 1BR,1.5BA | $2.66 |
Fisher Building Apartments | B3PH | 2BR,1.5BA | $2.45 |
Buckingham | 4x2. Floors 19-21 | 4BR,2BA | $1.63 |
10 E. Ontario St. | 1 Bedroom | 1BR,1BA | $2.11 |
440 N. Wabash Ave. | 1 Bedroom - 1 Bathroom | 1BR,1BA | $2.53 |
Marina City | One Bedroom | 1BR,1BA | $2.90 |
Two East Oak | 1 Bedroom - 1 Bathroom | 1BR,1BA | $2.67 |
Atrium at Old Town Park | Convertible 1 Bedroom | 1BR,1BA | $2.62 |
1162 - 1168 N La Salle Blvd | 1 Bed 1 Bath | 1BR,1BA | $2.39 |
Maple | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.28 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleRiver East, Chicago, IL
Ranked #11
Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across Illinois including River East, Chicago, and the greater Chicago area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap River East Apartments
What is the Cheapest Studio apartment in River East?
Currently the most affordable Cheap Studio Apartment in River East is at 11 W. Division listed at $1,245.
How much is rent for a Cheap One Bedroom River East Apartment?
The lowest price for a Cheap One Bedroom River East Apartment is $1,230 at Maple.
What is the lowest price for a Cheap Two Bedroom River East Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in River East is starting from $2,890 at MDA Apartments.
What is the most affordable River East Three Bedroom Apartment?
The best deal on a cheap River East Three Bedroom Apartment rental is at Buckingham and starts from $1,149.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.