Cheap Apartments for Rent in the River West Neighborhood of Chicago, IL from $700 (70 Rentals)

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Search the lowest-cost Apartments available for rent right now in the River West 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

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.

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North Town Village
1 to 4 Bedroom Apartments

North Town Village

1311 N Halsted StChicago, IL 60642
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1523 W Chicago Ave
Studio to 2 Bedroom Apartments

1523 W Chicago Ave

1523 W Chicago AveChicago, IL 60642
  • Utilities Included
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Maple
1 Bedroom Apartments

Maple

150 W Maple StChicago, IL 60610
Senior Living
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1337 W Huron
1 to 3 Bedroom Apartments

1337 W Huron

1337 W HuronChicago, IL 60642
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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.

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Elm 551 at Parkside
Studio to 3 Bedroom Apartments

Elm 551 at Parkside

551 W Elm StChicago, IL 60610
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1326 N Cleaver
1 to 2 Bedroom Apartments

1326 N Cleaver

1326 N CleaverChicago, IL 60642
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Luxury condo unit
Studio to 3 Bedroom Apartments

Luxury condo unit

333 N CanalChicago, IL 60606
Corporate Housing
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R+D659
Studio to 4 Bedroom Apartments

R+D659

645-659 W Randolph StChicago, IL 60661
Furnished
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1234 N Cleaver
2 Bedroom Apartments

1234 N Cleaver

1234 N CleaverChicago, IL 60642
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Wicker Park Lofts
Studio to 3 Bedroom Apartments

Wicker Park Lofts

1515-1519 W Haddon AveChicago, IL 60642
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1363 W. Walton
1 Bedroom Apartments

1363 W. Walton

1363 W Walton StChicago, IL 60642
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Montauk
Studio to 2 Bedroom Apartments

Montauk

1550 N Wieland StChicago, IL 60610
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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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1440 N Ashland Ave
1 to 3 Bedroom Apartments

1440 N Ashland Ave

1440 N Ashland AveChicago, IL 60622
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Sedgwick Apartments
2 to 3 Bedroom Apartments

Sedgwick Apartments

414 W Goethe StChicago, IL 60610
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1249 N Greenview Ave
2 Bedroom Apartments

1249 N Greenview Ave

1249 N Greenview AveChicago, IL 60642
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East Village Lofts
Studio to 2 Bedroom Apartments

East Village Lofts

1100 N Ashland AveChicago, IL 60622
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204 W Hill Street
Studio to 3 Bedroom Apartments

204 W Hill Street

204 W Hill StChicago, IL 60610
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1625 W Superior St
1 to 2 Bedroom Apartments

1625 W Superior St

1625 W Superior StChicago, IL 60622
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Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

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Showing Results 1-50, Page 1 of 2

River West, Chicago, IL Local Guide

Cheapest Available River West Apartments for Rent

 

The cheapest available apartment rental in the River West area of Chicago, IL is a 1 Bed unit found at Maple priced from $1,230. McCrory Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here are the most affordable River West apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Maple1 Bedroom 1 Bathroom1BR,1BA$1,230
McCrory Senior Apartments1 Bed 60%1BR,1BA$1,300
The 808 ClevelandD5 | leasing per bedroom4BR,3BA$1,349
1522 N La Salle DrStudioStudio,1BA$1,600
The Oliver on LaSalleStudio + DenStudio,1BA$1,909
Nevele22 - 1122 W ChicagoStudio (ARO, 100%)Studio,1BA$1,949
1000 N. LaSalle1-BR/1BA1BR,1BA$1,953
Century TowerStudio 08Studio,1BA$1,965
1440 N Ashland AveApt21BR,1BA$2,000

Best Value Apartments for Rent in River West, IL

As of May 20, 2026 the best value apartment in the River West area is the $1.76 price per square foot 1224 W Augusta Blvd Model at 1224 W Augusta Blvd, Unit 2 in the in the West Loop neighborhood starting from $4,495. The second greatest value River West apartment is the C2 Model at 945 W Fulton Market Apartments starting at $4,800 with a $2.12 price per square foot in the Printer's Row neighborhood. Here is today’s list of the best values for River West apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1224 W Augusta Blvd, Unit 21224 W Augusta Blvd2BR,2BA$1.76
945 W Fulton Market ApartmentsC23BR,2BA$2.12
1349 N Noble St, Unit 31349 N Noble St3BR,2.5BA$1.98
1337 W. Walton#1R3BR,2BA$2.25
Acclaim on North Avenue2 Bedroom 2 Bath Market2BR,2BA$1.91
858 N Paulina St, Unit 2858 N Paulina St2BR,2BA$2.50
1313 W Chicago Ave, Unit 1R1313 W Chicago Ave1BR,1BA$2.39
1224 N Cleaver St, Unit 1F1224 N Cleaver St2BR,1BA$2.44
McCrory Senior Apartments1 Bed 60%1BR,1BA$2.31
Maple1 Bedroom 1 Bathroom1BR,1BA$2.28

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Pet Friendly Lifestyle
River West, Chicago, IL

Ranked #10

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

This website compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Chicago, Illinois. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, transit availability, pet-friendly communities, apartment communities for the kids, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap River West Apartments

What is a cheap apartment in River West?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in River West is under $2,000.

What is the price of a cheap apartment in River West?

The cheapest apartment in River West is Maple which is listed at $1,230, while the average apartment in River West costs $13,717.

What types of apartments are the cheapest in River West?

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 33 regular apartments in River West 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 West?

Cheap apartments in River West have an average cost of $1,210 which is $12,507 cheaper than the average rent for all rentals in River West.

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

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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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.

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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.

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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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

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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.