Cheap Apartments for Rent in the Lakeview East Neighborhood of Chicago, IL from $800 (571 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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property at 459 W Briar Pl

459 W Briar Pl

ChicagoIL60657

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Lakeview East, Chicago, IL Local Guide

Cheapest Available Lakeview East Apartments for Rent

 

The cheapest available apartment rental in the Lakeview East area of Chicago, IL is a Studio unit found at 424 W. Diversey priced from $1,025. 721 W. Belmont has the second lowest priced unit, which is a Studio apartment currently listed from $1,075. Here are the most affordable Lakeview East apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
424 W. DiverseyStudioStudio,1BA$1,025
721 W. BelmontStudioStudio,1BA$1,075
420 W. Melrose St.StudioStudio,1BA$1,195
629 W. DemingStudioStudio,1BA$1,195
534 W. Wellington AveStudioStudio,1BA$1,200
Beachwalk ApartmentsStudio Floor Plan S1Studio,1BA$1,211

Best Value Apartments for Rent in Lakeview East, IL

As of May 11, 2025 the best value apartment in the Lakeview East area is the $0.43 price per square foot 1229 W Barry Ave Model at 1229 W Barry Ave, Unit George in the in the Lakeview neighborhood starting from $2,600. The second greatest value Lakeview East apartment is the 2919 N Racine Ave Model at 2919 N Racine Ave, Unit 1stfl starting at $1,820 with a $0.40 price per square foot in the Lakeview neighborhood. Here is today’s list of the best values for Lakeview East apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1229 W Barry Ave, Unit George1229 W Barry Ave2BR,2BA$0.43
2919 N Racine Ave, Unit 1stfl2919 N Racine Ave2BR,1BA$0.40
3300 N Kenmore Ave, Unit 1F3300 N Kenmore Ave4BR,2BA$1.60
3709 N Southport Ave, Unit M09B3709 N Southport Ave3BR,2BA$1.88
1057 W Cornelia Ave, Unit 21057 W Cornelia Ave4BR,2BA$2.05
1138 W Diversey Pky, Unit George1138 W Diversey Pky3BR,1BA$1.50
644 W Roscoe St, Unit M09B644 W Roscoe St2BR,1.5BA$2.00
3721 N Pine Grove Ave, Unit E23721 N Pine Grove Ave1BR,1BA$1.54
3723 N Pine Grove Ave, Unit E13723 N Pine Grove Ave1BR,1BA$1.88
515 W Arlington Pl, Unit M07B515 W Arlington PlStudio ,1BA$2.04

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Pet Friendly Lifestyle
Lakeview East, Chicago, IL

Ranked #7

Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in areas across the United States, including Chicago. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Lakeview East Neighborhood in Chicago, IL

Walk Score®

95 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

90 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

78 / 100

Excellent Transit

Transit is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lakeview East Apartments

What is the Cheapest Studio apartment in Lakeview East?

Currently the most affordable Cheap Studio Apartment in Lakeview East is at 424 W. Diversey listed at $1,025.

How much is rent for a Cheap One Bedroom Lakeview East Apartment?

The lowest price for a Cheap One Bedroom Lakeview East Apartment is $1,450 at 534 W. Wellington Ave.

What is the lowest price for a Cheap Two Bedroom Lakeview East Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lakeview East is starting from $2,062 at 2824 N Orchard.

What is the most affordable Lakeview East Three Bedroom Apartment?

The best deal on a cheap Lakeview East Three Bedroom Apartment rental is at Belmont Tower Apartments and starts from $2,900.

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

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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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.