
Cheap Studio Apartments for Rent in the River East Neighborhood of Chicago, IL from $1,105 (95 Rentals)


Gramercy Row Apartments

14 West Elm Apartments

1167 N Dearborn St

1160 N Dearborn St, Unit 209

1160 N Dearborn St, Unit 212
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.

1164 N Dearborn St

1167 N Dearborn St

1140 N La Salle Dr

1160 N Dearborn St, Unit S07C

1150 N Dearborn St, Unit M01B

1160 N Dearborn St, Unit 306
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.

1140 N La Salle Dr

1167 N Dearborn St

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

1167 N Dearborn St

253 E Delaware Pl

1154 N Dearborn St, Unit M07B
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.

1167 N Dearborn St

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

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

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

1140 N La Salle Dr

Pittsfield Apartments
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 | $2,836 | $1,105 | $10,000+ |
River East 1 Bedroom Apartments | $3,540 | $1,375 | $10,000+ |
River East 2 Bedroom Apartments | $5,244 | $1,975 | $10,000+ |
River East 3 Bedroom Apartments | $8,644 | $3,350 | $10,000+ |
River East 4 Bedroom Apartments | $15,888 | $7,000 | $10,000+ |
Explore Chicago
River East, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
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 $1,390.
What is the price of a cheap apartment in River East?
The cheapest apartment in River East is 11 W. Division which is listed at $1,225, while the average apartment in River East costs $22,564.
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 11 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 $205 which is $22,359 cheaper than the average rent for all rentals in River East.
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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.