
Cheap Homes for Rent in Lake Shore East Neighborhood of Chicago, IL from $1,700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Shore East area of Chicago.


340 E North Water St

225 N Columbus Dr

400 E Randolph St

445 N New St

222 N Columbus Dr

450 E Waterside Dr
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.

340 E North Water St

340 E North Water St

347 E Wacker Dr, Unit 409

305 E North Water St

400 E Randolph St, Unit 2402

155 N Harbor Dr, Unit 4606

360 E Randolph St, Unit 2206
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.
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 | $4,930 | $3,100 | $10,000+ |
| Lake Shore East 3 Bedroom Homes for Rent | $9,011 | $5,600 | $10,000+ |
| Lake Shore East 4 Bedroom Homes for Rent | $12,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 14 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
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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 $2,050. Columbus Plaza has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,163. Here are the most affordable Lake Shore East apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cityfront Place | S09 | Studio,1BA | $2,050 |
| Columbus Plaza | 1 Bedroom | 1BR,1BA | $2,163 |
| Aqua at Lakeshore East | aqs106c | Studio,1BA | $2,218 |
| Cascade | cast01a | Studio,1BA | $2,303 |
| Coast at Lakeshore East | Sx1C | Studio,1BA | $2,333 |
Best Value Apartments for Rent in Lake Shore East, IL
As of December 28, 2025 the best value apartment in the Lake Shore East area is the $2.59 price per square foot 2 Bedroom Model at Columbus Plaza in the in the Magnificent Mile neighborhood starting from $3,505. The second greatest value Lake Shore East apartment is the ca2b06a Model at Cascade starting at $5,080 with a $5.09 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. |
|---|---|---|---|
| Columbus Plaza | 2 Bedroom | 2BR,2BA | $2.59 |
| Cascade | ca2b06a | 2BR,2BA | $5.09 |
| North Water Apartments | 1c | 1BR,1BA | $4.56 |
| Coast at Lakeshore East | Sx1C | Studio ,1BA | $4.09 |
| Shoreham and Tides | STUDIO 12 - THE SHOREHAM | Studio ,1BA | $4.36 |
| Aqua at Lakeshore East | aqv102b | Studio ,1BA | $4.34 |
| North Harbor Tower | V1 | Studio ,1BA | $4.44 |
| Cityfront Place | S04 | Studio ,1BA | $4.39 |
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.
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 ArticleCash 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.
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
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Pet Friendly LifestyleLake Shore East, Chicago, IL
Ranked #62
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Lake Shore East
What type of rentals are currently available in Lake Shore East?
There are currently 25 Apartments for Rent in Lake Shore East, IL with pricing that ranges from $2,000 to $7,000. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Shore East ranging from $1,765 to $15,000.
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 $1,765 to $15,000 with an average monthly rent of $6,174.
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
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.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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!