Cheap Homes for Rent in River East Neighborhood of Chicago, IL from $1,400 (183 Rentals)

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

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.

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

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property at 70 Huron W St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

Studio, 1 Bath Condo for Rent

Available May 21

70 Huron W St, Unit 1101, Unit 1101

70 Huron W St
ChicagoIL60654
property at 253 E Delaware Pl

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

Studio, 1 Bath Condo for Rent

Available Now

253 E Delaware Pl, Unit 12H, Unit 12H

253 E Delaware Pl
ChicagoIL60611
property at 1122 N Dearborn St

$1,900 - $2,300

Studio To 1 Bedroom Condos for Rent

Available Now

1122 N Dearborn St

ChicagoIL60610
property at 401 E Ontario St

$1,925 - $2,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,925 - $2,100
Total Monthly Price
$1,925 - $2,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

401 E Ontario St

ChicagoIL60611

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.

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property at 300 N State St

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950
Total Monthly Price
$1,950

Studio, 1 Bath Condo for Rent

Available May 1

300 N State St, Unit 2504, Unit 2504

300 N State St
ChicagoIL60654
property at 300 N State St

$1,850 - $3,500

Studio To 1 Bedroom Rentals

Available Now

300 N State St

ChicagoIL60654
property at 345 N La Salle Dr

$1,950 - $5,400

Studio To 3 Bedroom Rentals

Available Now

345 N La Salle Dr

ChicagoIL60654
property at 111 E Chestnut St

$1,975 - $4,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,975 - $4,650
Total Monthly Price
$1,975 - $4,650

1 To 3 Bedroom Condos for Rent

Available Now

111 E Chestnut St

ChicagoIL60611

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

Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

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property at 130 N Garland Ct

$2,000 - $2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,000 - $2,200
Total Monthly Price
$2,000 - $2,200

Studio, 1 Bath Condo for Rent

Available Now

130 N Garland Ct

ChicagoIL60602
property at 233 E Erie St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000

1 Bedroom, 1 Bath Condo for Rent

Available Now

233 E Erie St, Unit 1902, Unit 1902

233 E Erie St
ChicagoIL60611
property at 233 E Erie St

$2,000 - $3,600

1 To 2 Bedroom Rentals

Available Now

233 E Erie St

ChicagoIL60611

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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Showing Results 1-50, Page 1 of 4

Cheapest Available River East Apartments for Rent

 

The cheapest available apartment rental in the River East area of Chicago, IL is a Studio unit found at 11 W. Division priced from $1,215. Maple has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,230. Here are the most affordable River East apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
11 W. DivisionStudioStudio,1BA$1,215
Maple1 Bedroom 1 Bathroom1BR,1BA$1,230
1036 N. DearbornStudioStudio,1BA$1,345
25 E. DelawareStudio 1Studio,1BA$1,395
Gramercy Row ApartmentsStudio Floor Plan S15Studio,1BA$1,409
The Oliver on LaSalleStudioStudio,1BA$1,418
1164 N DearbornStudioStudio,1BA$1,425

Best Value Apartments for Rent in River East, IL

As of April 11, 2026 the best value apartment in the River East area is the $2.88 price per square foot 2-BR/2BA Model at 750 N. Rush in the in the Magnificent Mile neighborhood starting from $3,557. The second greatest value River East apartment is the 333 E Wacker Dr Model at 333 E Wacker Dr, Unit 17 starting at $3,400 with a $2.83 price per square foot in the Magnificent Mile neighborhood. Here is today’s list of the best values for River East apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
750 N. Rush2-BR/2BA2BR,2BA$2.88
333 E Wacker Dr, Unit 17333 E Wacker Dr2BR,2BA$2.83
10 E. Ontario St.1 Bedroom1BR,1BA$2.11
18 E. Elm2 Bedroom / 2 Bathroom2BR,2BA$2.89
Elm Street PlazaOne Bedroom1BR,1BA$2.67
Asbury PlazaDeluxe One Bedroom1BR,1BA$2.93
1120 N. LaSalle1-BR/1BA1BR,1BA$2.67
1111 N. Dearborn1-BR/1BA1BR,1BA$2.79
127 Maple AveL11BR,1BA$2.93
Maple1 Bedroom 1 Bathroom1BR,1BA$2.28

Frequently Asked Questions about River East

What type of rentals are currently available in River East?

There are currently 421 Apartments for Rent in River East, IL with pricing that ranges from $999 to $35,661. There are also 573 Single Family Homes for rent, Condos, and Townhome rentals currently available in River East ranging from $1,425 to $20,000.

What is the current price range for Rental Homes in River East?

Today's rental pricing for Homes for Rent, Condos and Townhomes in River East ranges from $1,425 to $20,000 with an average monthly rent of $7,858.

How much are larger Three and Four Bedroom Rentals in River East?

For those who are looking for larger living arrangements, Three Bedroom Apartments in River East range from $999 to $27,301, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,650 to $17,000. Four Bedroom Single-Family rentals are also available starting from $6,000 and Four Bedroom Apartments start at $999.

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

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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

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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

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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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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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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.

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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

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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.