
Cheap Apartments for Rent in the Lake Shore East Neighborhood of Chicago, IL from $1,800 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Shore East area of Chicago.


Cityfront Place

Aqua at Lakeshore East

230 N Columbus Dr

222 N Columbus Dr

222 N Columbus Dr, Unit 1906
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.

North Harbor Tower

Cascade

499 E Waterside Dr

300 N Columbus Dr

340 E North Water St

Shoreham and Tides

Coast at Lakeshore East
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155 N Harbor Dr, Unit 4606

360 E Randolph St, Unit 2206

445 E Waterside Dr

North Water Apartments

201 N West Shore Dr, Unit 806A

201 N Westshore Dr, Unit 1703

347 E Wacker Dr, Unit 409
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
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420 E Waterside Dr, Unit 2402

480 N McClurg Ct

260 East South Water Street

246 N Columbus Dr

420 E Waterside Dr
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.
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 | $2,466 | $1,982 | $3,593 |
| Lake Shore East 1 Bedroom Apartments | $2,895 | $2,050 | $5,021 |
| Lake Shore East 2 Bedroom Apartments | $4,126 | $3,400 | $5,773 |
| Lake Shore East 3 Bedroom Apartments | $5,134 | $4,500 | $7,373 |
Browse Apartments in this Neighborhood
There are currently 28 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
- Nearby Chicago neighborhoods
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- ZIP codes
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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 Cityfront Place priced from $1,982. Aqua at Lakeshore East has the second lowest priced unit, which is a Studio apartment currently listed from $2,010. Here are the most affordable Lake Shore East apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cityfront Place | S05 | Studio,1BA | $1,982 |
| Aqua at Lakeshore East | aqs106a | Studio,1BA | $2,010 |
| Columbus Plaza | Convertible | 1BR,1BA | $2,105 |
| North Harbor Tower | V | Studio,1BA | $2,270 |
| Shoreham and Tides | STUDIO 16 - THE SHOREHAM | Studio,1BA | $2,340 |
| Cascade | cast01a | Studio,1BA | $2,341 |
| Coast at Lakeshore East | Sx1C | Studio,1BA | $2,354 |
| North Water Apartments | SA | Studio,1BA | $2,511 |
Best Value Apartments for Rent in Lake Shore East, IL
As of November 13, 2025 the best value apartment in the Lake Shore East area is the $2.52 price per square foot 187 N Westshore Dr Model at 187 N Westshore Dr in the in the Magnificent Mile neighborhood starting from $4,500. The second greatest value Lake Shore East apartment is the 460 E Waterside Dr Model at 460 E Waterside Dr, Unit 2 starting at $4,590 with a $4.61 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 | 187 N Westshore Dr | 3BR,2.5BA | $2.52 |
| 460 E Waterside Dr, Unit 2 | 460 E Waterside Dr | 2BR,2BA | $4.61 |
| North Water Apartments | 1P | 1BR,1BA | $4.61 |
| 455 N Park Dr | 455 N Park Dr | 1BR,1BA | $3.82 |
| Aqua at Lakeshore East | aqv108d | Studio ,1BA | $4.26 |
| Columbus Plaza | Convertible | 1BR,1BA | $3.57 |
| Shoreham and Tides | STUDIO 16 - THE SHOREHAM | Studio ,1BA | $4.25 |
| North Harbor Tower | V | Studio ,1BA | $4.37 |
| Cascade | cast01a | Studio ,1BA | $4.60 |
| Cityfront Place | S04 | Studio ,1BA | $4.06 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleLake Shore East, Chicago, IL
Ranked #59
Among cities in Illinois 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 Cityfront Place listed at $1,982.
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 $2,105 at Columbus Plaza.
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 $3,450 at Shoreham and Tides.
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 $4,860.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.


