
Cheap Apartments for Rent in the Lake Shore East Neighborhood of Chicago, IL from $1,800 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Shore East area of Chicago.


Coast at Lakeshore East

Aqua at Lakeshore East

North Water Apartments

North Harbor Tower

Cascade
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Columbus Plaza

Cityfront Place

Riverview Condominiums

Park Millennium

The Lancaster

The Regatta
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Harbor Point Tower

The Park Shore Condomiums

The Buckingham

The Chandler Condominiums

340 On The Park

401 E Benton Plz
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

The Tides at Lakeshore East
Lake Shore East, Chicago, IL Local Guide

How much does it cost to rent an apartment in Lake Shore East?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Shore East Studio Apartments | $2,669 | $2,046 | $3,477 |
| Lake Shore East 1 Bedroom Apartments | $3,157 | $2,173 | $4,849 |
| Lake Shore East 2 Bedroom Apartments | $4,924 | $3,754 | $6,769 |
| Lake Shore East 3 Bedroom Apartments | $5,540 | $5,540 | $5,540 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Lake Shore East Neighborhood of Chicago, IL.
See all Apartments in ChicagoExplore Chicago
Cheapest Available Lake Shore East Apartments for Rent
 The cheapest available apartment rental in the Lake Shore East area of Chicago, IL is a Studio unit found at North Harbor Tower priced from $2,179. Coast at Lakeshore East has the second lowest priced unit, which is a Studio apartment currently listed from $2,399. Here are the most affordable Lake Shore East apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| North Harbor Tower | S | Studio,1BA | $2,179 |
| Coast at Lakeshore East | Cx1B | Studio,1BA | $2,399 |
| Shoreham and Tides | STUDIO 06 - THE SHOREHAM | Studio,1BA | $2,443 |
| Aqua at Lakeshore East | aqs106c | Studio,1BA | $2,510 |
| Cascade | cami04b | 1BR,1BA | $3,129 |
Best Value Apartments for Rent in Lake Shore East, IL
As of July 03, 2026 the best value apartment in the Lake Shore East area is the $5.00 price per square foot 2x2A-ADA Model at Coast at Lakeshore East in the in the Magnificent Mile neighborhood starting from $5,482. The second greatest value Lake Shore East apartment is the 1g Model at North Water Apartments starting at $3,699 with a $4.79 price per square foot in the Magnificent Mile neighborhood. Here is today’s list of the best values for Lake Shore East apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Coast at Lakeshore East | 2x2A-ADA | 2BR,2BA | $5.00 |
| North Water Apartments | 1g | 1BR,1BA | $4.79 |
| Aqua at Lakeshore East | aqv102b | Studio ,1BA | $5.01 |
| Cascade | cami04b | 1BR,1BA | $5.57 |
| Shoreham and Tides | STUDIO 06 - THE SHOREHAM | Studio ,1BA | $4.89 |
| North Harbor Tower | S | Studio ,1BA | $4.69 |
Frequently Asked Questions about Cheap Lake Shore East Apartments
What is the Cheapest Studio apartment in Lake Shore East?
Currently the most affordable Cheap Studio Apartment in Lake Shore East is at North Harbor Tower listed at $2,179.
How much is rent for a Cheap One Bedroom Lake Shore East Apartment?
The lowest price for a Cheap One Bedroom Lake Shore East Apartment is $2,497 at Shoreham and Tides.
What is the lowest price for a Cheap Two Bedroom Lake Shore East Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Shore East is starting from $4,048 at Shoreham and Tides.
Expert Rental Resources
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.
Helpful Local Expert Guides

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.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.