Cheap Apartments for Rent in the Lake Shore East Neighborhood of Chicago, IL from $1,600 (19 Rentals)

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

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.

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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.

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Columbus Plaza
Studio to 3 Bedroom Apartments

Columbus Plaza

233 E Wacker DrChicago, IL 60601
property at 480 N McClurg Ct

480 N McClurg Ct

ChicagoIL60611

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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property at 222 N Columbus Dr

222 N Columbus Dr

ChicagoIL60601
Showing Results 1-19, Page 1 of 1

Lake Shore East, Chicago, IL Local Guide

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 $2,009. Aqua at Lakeshore East has the second lowest priced unit, which is a Studio apartment currently listed from $2,041. Here are the most affordable Lake Shore East apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Cityfront PlaceS04Studio,1BA$2,009
Aqua at Lakeshore Eastaqs106aStudio,1BA$2,041
Shoreham and Tides1 BEDROOM 05/07 - TIDES1BR,1BA$2,065
Columbus PlazaConvertible1BR,1BA$2,096
North Harbor TowerV2Studio,1BA$2,185

Best Value Apartments for Rent in Lake Shore East, IL

As of November 26, 2025 the best value apartment in the Lake Shore East area is the $4.61 price per square foot 460 E Waterside Dr Model at 460 E Waterside Dr, Unit 2 in the in the Magnificent Mile neighborhood starting from $4,590. The second greatest value Lake Shore East apartment is the 455 N Park Dr Model at 455 N Park Dr starting at $3,110 with a $3.82 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 ListingModel NameBed/BathPrice Per Sq.Ft.
460 E Waterside Dr, Unit 2460 E Waterside Dr2BR,2BA$4.61
455 N Park Dr455 N Park Dr1BR,1BA$3.82
Coast at Lakeshore East1x1A1BR,1BA$5.02
Shoreham and TidesONE BEDROOM 05 - THE SHOREHAM1BR,1BA$4.04
Columbus PlazaConvertible1BR,1BA$3.56
Aqua at Lakeshore Eastaqs105aStudio ,1BA$4.11
North Harbor TowerV1Studio ,1BA$4.15
Cascadecast01aStudio ,1BA$4.71
Cityfront PlaceS04Studio ,1BA$4.02

Don'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.

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Best 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

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The 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.

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A 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

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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.

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Pet Friendly Lifestyle
Lake Shore East, Chicago, IL

Ranked #61

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 $2,009.

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 $2,096 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 $3,529 at Shoreham and Tides.

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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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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.