Cheap Homes for Rent in River West Neighborhood of Chicago, IL from $1,400 (246 Rentals)

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

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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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

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Chicago's Best Affordable Neighborhoods

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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 4 Beds unit found at Post Chicago Apartments priced from $1,179. Maple has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,230. Here are the most affordable River West apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Post Chicago Apartments4 Bed 3 Bath4BR,3BA$1,179
Maple1 Bedroom 1 Bathroom1BR,1BA$1,230
Elm 551 at ParksideStudioStudio,1BA$1,313
1162 - 1168 N La Salle Blvd1 Bed 1 Bath1BR,1BA$1,375
1100 North LasalleStudioStudio,1BA$1,390
SoNu DigsSX1.6Studio,1BA$1,445
Atrium at Old Town ParkStudio AStudio,1BA$1,540
1522 N La Salle DrStudioStudio,1BA$1,600

Best Value Apartments for Rent in River West, IL

As of June 18, 2025 the best value apartment in the River West area is the $0.40 price per square foot 1244 W Huron St Model at 1244 W Huron St, Unit # 01 in the in the West Town neighborhood starting from $3,995. The second greatest value River West apartment is the 1349 N Noble St Model at 1349 N Noble St, Unit 3 starting at $4,150 with a $1.98 price per square foot in the Noble Square 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.
1244 W Huron St, Unit # 011244 W Huron St3BR,2BA$0.40
1349 N Noble St, Unit 31349 N Noble St3BR,2.5BA$1.98
613 N Racine Ave, Unit 1613 N Racine Ave4BR,2BA$1.93
858 N Paulina St, Unit 1858 N Paulina St2BR,2BA$1.83
1221 N. LaSalle LoftsStoreFrontStudio ,2BA$2.00
1445 W Cortez St, Unit J08P1445 W Cortez St3BR,2BA$1.89
1445 W Cortez St, Unit K01J1445 W Cortez St3BR,2BA$1.89
Terrace 459Two Bed/Two Bath2BR,2BA$1.96
Post Chicago Apartments3 Bed 2 Bath3BR,2BA$1.19
1342 W Huron St, Unit 2F1342 W Huron St1BR,1BA$1.53

Quick Rent Budget Calculator

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Frequently Asked Questions about River West

What type of rentals are currently available in River West?

There are currently 911 Apartments for Rent in River West, IL with pricing that ranges from $975 to $77,776. There are also 761 Single Family Homes for rent, Condos, and Townhome rentals currently available in River West ranging from $1,410 to $24,900.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in River West ranges from $1,410 to $24,900 with an average monthly rent of $7,838.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in River West range from $975 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,395 to $10,764. Four Bedroom Single-Family rentals are also available starting from $3,900 and Four Bedroom Apartments start at $1,125.

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.

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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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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.

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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.

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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.