
Cheap Homes for Rent in Lake Shore East Neighborhood of Chicago, IL from $2,100 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Shore East area of Chicago.


400 E Randolph St, Unit 3712, Unit 3712

336 E Wacker Dr

400 E Randolph St, Unit 2022, Unit 2022

347 E Wacker Dr

400 E Randolph St, Unit 2402, Unit 2402
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.

375 E Wacker Dr, Unit 385 East Wacker

458 N Park Dr

341 E Wacker Dr

201 N West Shore Dr, Unit 806A, Unit 806A

420 E Waterside Dr

201 N Westshore Dr, Unit 2509, Unit 2509
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.

400 E Randolph St
Lake Shore East, Chicago, IL Local Guide

How much does it cost to rent a home in Lake Shore East?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Shore East 2 Bedroom Homes for Rent | $4,445 | $3,400 | $7,000 |
| Lake Shore East 3 Bedroom Homes for Rent | $9,097 | $4,995 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Lake Shore East Neighborhood of Chicago, IL.
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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 Harbor Tower priced from $2,118. Shoreham and Tides has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,270. 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 | S1 & S2 | Studio,1BA | $2,118 |
| Shoreham and Tides | 1 BEDROOM 05/07 - TIDES | 1BR,1BA | $2,270 |
| Columbus Plaza | 1 Bedroom | 1BR,1BA | $2,301 |
| Aqua at Lakeshore East | aqs105e | Studio,1BA | $2,398 |
| Coast at Lakeshore East | Sx1B | Studio,1BA | $2,571 |
Best Value Apartments for Rent in Lake Shore East, IL
As of May 19, 2026 the best value apartment in the Lake Shore East area is the $4.98 price per square foot 2x2A-ADA Model at Coast at Lakeshore East in the in the Magnificent Mile neighborhood starting from $5,466. The second greatest value Lake Shore East apartment is the 1 Bedroom Elite Model at Columbus Plaza starting at $2,371 with a $2.99 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 | $4.98 |
| Columbus Plaza | 1 Bedroom Elite | 1BR,1BA | $2.99 |
| Shoreham and Tides | CONVERTIBLE 10 - THE SHOREHAM | 1BR,1BA | $4.29 |
| Aqua at Lakeshore East | aqs107b | Studio ,1BA | $4.30 |
| Cascade | cami04b | 1BR,1BA | $5.42 |
| North Water Apartments | sa | Studio ,1BA | $4.76 |
| North Harbor Tower | S | Studio ,1BA | $4.57 |
Frequently Asked Questions about Lake Shore East
What type of rentals are currently available in Lake Shore East?
There are currently 24 Apartments for Rent in Lake Shore East, IL with pricing that ranges from $1,977 to $7,529. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Shore East ranging from $2,100 to $17,000.
What is the current price range for Rental Homes in Lake Shore East?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Shore East ranges from $2,100 to $17,000 with an average monthly rent of $4,716.
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
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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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Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.