
Cheap Homes for Rent in Lake Shore East Neighborhood of Chicago, IL from $1,900 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Shore East area of Chicago.


222 N Columbus Dr

400 E Randolph St

222 N Columbus Dr, Unit 1208
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

480 N McClurg Ct, Unit 1204

499 E Waterside Dr

400 E Randolph St, Unit 2402

155 N Harbor Dr, Unit 4606

155 N Harbor Dr

333 E Wacker Dr
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
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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 | $3,942 | $3,400 | $5,500 |
Lake Shore East 3 Bedroom Homes for Rent | $8,250 | $5,500 | $10,000+ |
Lake Shore East 4 Bedroom Homes for Rent | $30,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 10 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 4 Beds unit found at Post Chicago Apartments priced from $1,179. Aqua at Lakeshore East has the second lowest priced unit, which is a Studio apartment currently listed from $1,900. Here are the most affordable Lake Shore East apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Post Chicago Apartments | 4 Bed 3 Bath | 4BR,3BA | $1,179 |
Aqua at Lakeshore East | Studio/1 Bath | Studio,1BA | $1,900 |
Columbus Plaza | Convertible | 1BR,1BA | $1,916 |
Best Value Apartments for Rent in Lake Shore East, IL
As of June 01, 2025 the best value apartment in the Lake Shore East area is the $3.71 price per square foot 2 Bed/2 Bath Model at Aqua at Lakeshore East in the in the Magnificent Mile neighborhood starting from $4,298. The second greatest value Lake Shore East apartment is the B3 Model at Sentral Michigan Avenue starting at $4,384 with a $3.88 price per square foot in the Near South Side 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. |
---|---|---|---|
Aqua at Lakeshore East | 2 Bed/2 Bath | 2BR,2BA | $3.71 |
Sentral Michigan Avenue | B3 | 2BR,2BA | $3.88 |
Cascade | 2 Bed / 2 Bath | 2BR,2BA | $3.98 |
North Harbor Tower | C1 | 2BR,2BA | $3.77 |
Post Chicago Apartments | 3 Bed 2 Bath | 3BR,2BA | $1.05 |
460 E Waterside Dr, Unit 2 | 460 E Waterside Dr | 2BR,2BA | $4.05 |
The Residences at NewCity | One Bedroom D+ | 1BR,1BA | $4.40 |
Columbus Plaza | Convertible | 1BR,1BA | $3.25 |
The 808 Cleveland | Studio 1 Bath | Studio ,1BA | $3.83 |
MILA | SA | Studio ,1BA | $4.43 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
Frequently Asked Questions about Lake Shore East
What type of rentals are currently available in Lake Shore East?
There are currently 33 Apartments for Rent in Lake Shore East, IL with pricing that ranges from $1,099 to $23,831. There are also 43 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 $9,459.
How much are larger Three and Four Bedroom Rentals in Lake Shore East?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Shore East range from $1,099 to $23,831, while Three Bedroom Homes, Condos, and Townhomes for rent range from $5,500 to $12,500. Four Bedroom Single-Family rentals are also available starting from $10,000 and Four Bedroom Apartments start at $1,179.
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.

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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