Cheap Homes for Rent in Lake Shore East Neighborhood of Chicago, IL from $1,900 (16 Rentals)

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

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.

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.

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.

property at 155 N Harbor Dr

155 N Harbor Dr

ChicagoIL60601

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 19, 2025 the best value apartment in the Lake Shore East area is the $3.11 price per square foot Three Bedroom Model at Columbus Plaza in the in the Magnificent Mile neighborhood starting from $4,821. The second greatest value Lake Shore East apartment is the 1P Model at North Water Apartments starting at $4,018 with a $4.74 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$3.11
North Water Apartments1P1BR,1BA$4.74
Coast at Lakeshore East1x1A1BR,1BA$4.83
Cityfront PlaceC011BR,1BA$3.40
Aqua at Lakeshore Eastaqv108dStudio ,1BA$4.51
Shoreham and TidesCONVERTIBLE 10 - TIDES1BR,1BA$3.96
Cascadecacon10aStudio ,1BA$5.20
North Harbor TowerS1 & S2Studio ,1BA$4.12

Quick Rent Budget Calculator

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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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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 $1,780 to $13,500. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Shore East ranging from $1,920 to $30,000.

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 $1,920 to $30,000 with an average monthly rent of $9,709.

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.