Cheap Apartments for Rent in the River East Neighborhood of Chicago, IL from $900 (69 Rentals)

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

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property at 188 N Wells St

188 N Wells St

ChicagoIL60606
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River East, Chicago, IL Local Guide

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 Atrium at Old Town Park priced from $1,141. 11 W. Division has the second lowest priced unit, which is a Studio apartment currently listed from $1,225. Here are the most affordable River East apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Atrium at Old Town ParkStudio AStudio,1BA$1,141
11 W. DivisionStudioStudio,1BA$1,225
Maple1 Bedroom 1 Bathroom1BR,1BA$1,230
1036 N. DearbornStudioStudio,1BA$1,295
25 E. DelawareStudioStudio,1BA$1,325
211 E. DelawareStudioStudio,1BA$1,345
18 E. ElmStudioStudio,1BA$1,365
1162 - 1168 N La Salle Blvd1 Bed 1 Bath1BR,1BA$1,375

Best Value Apartments for Rent in River East, IL

As of April 30, 2025 the best value apartment in the River East area is the $2.57 price per square foot 1005 N La Salle Dr Model at 1005 N La Salle Dr, Unit 1 in the in the Magnificent Mile neighborhood starting from $3,850. The second greatest value River East apartment is the 2141 W Superior St Model at 2141 W Superior St, Unit G06C starting at $2,500 with a $1.79 price per square foot in the Chicago Loop 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.
1005 N La Salle Dr, Unit 11005 N La Salle Dr3BR,2BA$2.57
2141 W Superior St, Unit G06C2141 W Superior St3BR,1BA$1.79
The ChatelaineTwo Bedroom2BR,2BA$2.51
10 E. Ontario St.1 Bedroom1BR,1BA$2.11
440 N. Wabash Ave.1 Bedroom - 1 Bathroom1BR,1BA$2.53
Fisher Building ApartmentsA41BR,1BA$2.70
Marina CityOne Bedroom1BR,1BA$2.69
Atrium at Old Town ParkConvertible 1 Bedroom1BR,1BA$2.62
1162 - 1168 N La Salle Blvd1 Bed 1 Bath1BR,1BA$2.39
Maple1 Bedroom 1 Bathroom1BR,1BA$2.28

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Pet Friendly Lifestyle
River East, Chicago, IL

Ranked #10

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 our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across Illinois including River East, Chicago, and the greater Chicago area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap River East Apartments

What is a cheap apartment in River East?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in River East is under $1,375.

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

The cheapest apartment in River East is Maple which is listed at $1,230, while the average apartment in River East costs $12,100.

What types of apartments are the cheapest in River East?

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 20 regular apartments in River East 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 East?

Cheap apartments in River East have an average cost of $169 which is $11,931 cheaper than the average rent for all rentals in River East.

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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