Cheap Homes for Rent in Lakeview East Neighborhood of Chicago, IL from $1,100 (294 Rentals)

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

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

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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 $1,065. 596 W Hawthorne has the second lowest priced unit, which is a Studio apartment currently listed from $1,176. Here are the most affordable Lakeview East apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
424 W. DiverseyStudioStudio,1BA$1,065
596 W HawthorneStudioStudio,1BA$1,176
629 W. DemingStudioStudio,1BA$1,195
721 W. BelmontStudioStudio,1BA$1,195
534 W. Wellington AveStudioStudio,1BA$1,200

Best Value Apartments for Rent in Lakeview East, IL

As of April 09, 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
3035 N Southport Ave, Unit M00B3035 N Southport Ave2BR,1.5BA$0.90
3709 N Southport Ave, Unit M09B3709 N Southport Ave3BR,2BA$1.88
1133 W Cornelia Ave, Unit 11133 W Cornelia Ave2BR,2.5BA$1.58
1138 W Diversey Pky, Unit George1138 W Diversey Pky3BR,1BA$1.50
3161 N Pine Grove Ave, Unit M00B3161 N Pine Grove Ave2BR,1BA$1.67
3424 N Sheffield Ave, Unit 23424 N Sheffield Ave3BR,1BA$1.75
3424 N Sheffield Ave, Unit 23424 N Sheffield Ave3BR,1BA$1.86
1246 W Diversey Pky, Unit M01B1246 W Diversey Pky2BR,1BA$1.75

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Frequently Asked Questions about Lakeview East

What type of rentals are currently available in Lakeview East?

There are currently 1876 Apartments for Rent in Lakeview East, IL with pricing that ranges from $1,065 to $13,550. There are also 761 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeview East ranging from $1,195 to $17,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakeview East ranges from $1,195 to $17,000 with an average monthly rent of $4,214.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakeview East range from $2,300 to $13,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,700 to $6,500. Four Bedroom Single-Family rentals are also available starting from $2,950 and Four Bedroom Apartments start at $3,400.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.