Cheap Apartments for Rent in the River West Neighborhood of Chicago, IL from $700 (83 Rentals)

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Search the lowest-cost Apartments available for rent right now in the River West 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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property at 188 N Wells St

188 N Wells St

ChicagoIL60606
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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 Studio unit found at Elm 551 at Parkside priced from $1,313. 1100 North Lasalle has the second lowest priced unit, which is a Studio apartment currently listed from $1,440. Here are the most affordable River West apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Elm 551 at ParksideStudioStudio,1BA$1,313
1100 North LasalleStudioStudio,1BA$1,440
Atrium at Old Town ParkStudio BStudio,1BA$1,540
1522 N La Salle DrStudioStudio,1BA$1,600
Larrabee Place at Parkside of Old Town1 Bedroom1BR,1BA$1,629
Verdant Apartments0BR/1.0BAStudio,1BA$1,644
The 808 ClevelandStudio 1 BathStudio,1BA$1,785

Best Value Apartments for Rent in River West, IL

As of March 10, 2025 the best value apartment in the River West area is the $1.41 price per square foot 730 N Willard Ct Model at 730 N Willard Ct, Unit M04B in the in the West Town neighborhood starting from $3,100. The second greatest value River West apartment is the 613 N Racine Ave Model at 613 N Racine Ave, Unit 1 starting at $3,950 with a $1.93 price per square foot in the West Town 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.
730 N Willard Ct, Unit M04B730 N Willard Ct3BR,2.5BA$1.41
613 N Racine Ave, Unit 1613 N Racine Ave4BR,2BA$1.93
858 N Paulina St, Unit 1858 N Paulina St2BR,2BA$1.83
900 N Ashland Ave, Unit 4900 N Ashland Ave2BR,1BA$1.88
1224 W Augusta Blvd, Unit ONE1224 W Augusta Blvd2BR,1BA$1.88
44 N Paulina St, Unit 2S44 N Paulina St2BR,2BA$1.84
1407 W Erie St1407 W Erie St2BR,1BA$1.83
1112 N Marshfield Ave, Unit M02B1112 N Marshfield Ave2BR,1BA$1.80
530 N Noble St, Unit 2R530 N Noble St2BR,1BA$2.05
715 N Willard Ct, Unit 1715 N Willard Ct2BR,1BA$2.11

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Pet Friendly Lifestyle
River West, 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

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.

Getting Around the River West Neighborhood in Chicago, IL

Walk Score®

93 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

94 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

75 / 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 River West Apartments

What is the Cheapest Studio apartment in River West?

Currently the most affordable Cheap Studio Apartment in River West is at Elm 551 at Parkside listed at $1,313.

How much is rent for a Cheap One Bedroom River West Apartment?

The lowest price for a Cheap One Bedroom River West Apartment is $1,629 at Larrabee Place at Parkside of Old Town.

What is the lowest price for a Cheap Two Bedroom River West Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in River West is starting from $1,808 at Larrabee Place at Parkside of Old Town.

What is the most affordable River West Three Bedroom Apartment?

The best deal on a cheap River West Three Bedroom Apartment rental is at Verdant Apartments and starts from $3,344.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.