Cheap Apartments for Rent in the Lake Shore East Neighborhood of Chicago, IL from $1,700 (19 Rentals)

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

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Columbus Plaza
Studio to 3 Bedroom Apartments

Columbus Plaza

233 E Wacker DrChicago, IL 60601
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201 N Westshore Dr
1 to 3 Bedroom Apartments

201 N Westshore Dr

201 N Westshore DrChicago, IL 60601
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Park Millennium
Studio to 3 Bedroom Apartments

Park Millennium

222 N Columbus DrChicago, IL 60601
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450 E Waterside Dr
1 to 3 Bedroom Apartments

450 E Waterside Dr

450 E Waterside DrChicago, IL 60601
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195 N Harbor Dr
Studio Apartments

195 N Harbor Dr

195 N Harbor DrChicago, IL 60601
  • Utilities Included
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The Buckingham
1 to 3 Bedroom Apartments

The Buckingham

360 E Randolph DrChicago, IL 60601
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420 E Waterside Dr
1 to 4 Bedroom Apartments

420 E Waterside Dr

420 E Waterside DrChicago, IL 60601
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155 N Harbor Dr
1 to 3 Bedroom Apartments

155 N Harbor Dr

155 N Harbor DrChicago, IL 60601

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 North Harbor Tower priced from $1,975. Shoreham and Tides has the second lowest priced unit, which is a Studio apartment currently listed from $2,210. Here are the most affordable Lake Shore East apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
North Harbor TowerS1 & S2Studio,1BA$1,975
Shoreham and TidesSTUDIO 12 - THE SHOREHAMStudio,1BA$2,210
Aqua at Lakeshore Eastaqv108aStudio,1BA$2,377
Cityfront PlaceC011BR,1BA$2,436
Coast at Lakeshore EastCx1AStudio,1BA$2,521

Best Value Apartments for Rent in Lake Shore East, IL

As of September 20, 2025 the best value apartment in the Lake Shore East area is the $3.10 price per square foot Three Bedroom Model at Columbus Plaza in the in the Magnificent Mile neighborhood starting from $4,805. The second greatest value Lake Shore East apartment is the 1P Model at North Water Apartments starting at $4,075 with a $4.81 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.
Columbus PlazaThree Bedroom3BR,2BA$3.10
North Water Apartments1P1BR,1BA$4.81
Coast at Lakeshore East1x1A1BR,1BA$4.89
Cityfront PlaceC011BR,1BA$3.40
Aqua at Lakeshore Eastaqv108dStudio ,1BA$4.34
Shoreham and TidesCONVERTIBLE 10 - TIDES1BR,1BA$3.93
Cascadecacon10aStudio ,1BA$5.17
North Harbor TowerS1 & S2Studio ,1BA$4.07

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Pet Friendly Lifestyle
Lake Shore East, Chicago, IL

Ranked #55

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

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 $1,975.

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 $2,266 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 $3,558 at Columbus Plaza.

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 Columbus Plaza and starts from $4,805.

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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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.