
Cheap Apartments for Rent in the Lake Shore East Neighborhood of Chicago, IL from $1,800 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Shore East area of Chicago.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

North Water Apartments

Coast at Lakeshore East

North Harbor Tower

Aqua at Lakeshore East

Cityfront Place
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $3,306 | $1,995 | $7,654 |
Lake Shore East 1 Bedroom Apartments | $3,954 | $2,448 | $9,209 |
Lake Shore East 2 Bedroom Apartments | $6,042 | $3,554 | $10,000+ |
Lake Shore East 3 Bedroom Apartments | $8,128 | $5,500 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Lake Shore East Neighborhood of Chicago, IL.
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Lake Shore East, Chicago, IL Local Guide
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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 Water Apartments priced from $2,311. Shoreham and Tides has the second lowest priced unit, which is a Studio apartment currently listed from $2,345. Here are the most affordable Lake Shore East apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
North Water Apartments | SA | Studio,1BA | $2,311 |
Shoreham and Tides | STUDIO 06 - THE SHOREHAM | Studio,1BA | $2,345 |
Aqua at Lakeshore East | aqs105b | Studio,1BA | $2,432 |
North Harbor Tower | A2 | 1BR,1BA | $2,550 |
Coast at Lakeshore East | Sx1B | Studio,1BA | $2,620 |
Best Value Apartments for Rent in Lake Shore East, IL
As of July 03, 2025 the best value apartment in the Lake Shore East area is the $3.08 price per square foot 187 N Westshore Dr Model at 187 N Westshore Dr, Unit 3702 in the in the Magnificent Mile neighborhood starting from $5,500. The second greatest value Lake Shore East apartment is the B06 Model at Cityfront Place starting at $3,901 with a $3.34 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. |
---|---|---|---|
187 N Westshore Dr, Unit 3702 | 187 N Westshore Dr | 3BR,2.5BA | $3.08 |
Cityfront Place | B06 | 2BR,2BA | $3.34 |
455 N Park Dr, Unit 2407 | 455 N Park Dr | 1BR,1BA | $3.82 |
North Harbor Tower | A | 1BR,1BA | $3.44 |
Coast at Lakeshore East | 1x1L | 1BR,1BA | $4.60 |
North Water Apartments | 1B | 1BR,1BA | $5.07 |
Cascade | cacon11a | Studio ,1BA | $5.14 |
Aqua at Lakeshore East | aqs105b | Studio ,1BA | $4.26 |
Shoreham and Tides | STUDIO 06 - THE SHOREHAM | Studio ,1BA | $4.69 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleLake Shore East, Chicago, IL
Ranked #55
Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Lake Shore East Neighborhood in Chicago, IL
Walk Score®
94 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
83 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
94 / 100
Rider’s Paradise
World-class public transportation
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 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 Water Apartments listed at $2,311.
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 $2,536 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 $3,901 at Cityfront Place.
What is the most affordable Lake Shore East Three Bedroom Apartment?
The best deal on a cheap Lake Shore East Three Bedroom Apartment rental is at North Harbor Tower and starts from $5,555.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.