Cheap Apartments for Rent in the Lakeshore East Neighborhood of Chicago, IL from $1,800 (14 Rentals)

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

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$2,421 - $8,977Studio to 2 Bedroom Apartments Available Now

Shoreham and Tides

400 E South Water StChicago, IL 60601

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$2,301 - $6,088Studio to 3 Bedroom Apartments Available Now

Coast at Lakeshore East

345 E Wacker DrChicago, IL 60601

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$2,294 - $10,544Studio to 3 Bedroom Apartments Available Now

North Harbor Tower

175 N Harbor DrChicago, IL 60601

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$2,435 - $5,252Studio to 2 Bedroom Apartments Available Now

Aqua at Lakeshore East

225 N Columbus DrChicago, IL 60601

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$2,319 - $6,621Studio to 2 Bedroom Apartments Available Now

Cascade

455 E Waterside DrChicago, IL 60601

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1 to 3 Bedroom Apartments

The Lancaster

201 N Westshore DrChicago, IL 60601

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1 to 3 Bedroom Apartments

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.

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1 to 3 Bedroom Apartments

The Chandler Condominiums

450 E Waterside DrChicago, IL 60601

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Studio Apartments

The Park Shore Condomiums

195 N Harbor DrChicago, IL 60601

Utilities Included

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1 to 3 Bedroom Apartments

Harbor Point Tower

155 N Harbor DrChicago, IL 60601

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1 to 4 Bedroom Apartments

The Regatta

420 E Waterside DrChicago, IL 60601

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Studio Apartments

340 On The Park

340 E RandolphChicago, IL 60601

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Studio Apartments

401 E Benton Plz

401 E Benton PlzChicago, IL 60601

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Studio to 2 Bedroom Apartments

The Tides at Lakeshore East

360 E South Water StChicago, IL 60601

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.

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Showing Results 1-14, Page 1 of 1

Lakeshore East, Chicago, IL Local Guide

Apartments for rent in Lakeshore East, IL

How much does it cost to rent an apartment in Lakeshore East?

Bedroom	Average Rent	Cheapest Rent	Highest Rent
Lakeshore East Studio Apartments	$2,660	$2,175	$3,492
Lakeshore East 1 Bedroom Apartments	$3,171	$2,453	$4,913
Lakeshore East 2 Bedroom Apartments	$4,864	$3,740	$6,588
Lakeshore East 3 Bedroom Apartments	$5,540	$5,540	$5,540

Browse Apartments in this Neighborhood

There are currently 14 rentals with your search options within a 10 mile radius of the Lakeshore East Neighborhood of Chicago, IL.

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Lakeshore East, Chicago, IL Local Guide

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Cheapest Available Lakeshore East Apartments for Rent

The cheapest available apartment rental in the Lakeshore East area of Chicago, IL is a Studio unit found at North Harbor Tower priced from $2,296. Coast at Lakeshore East has the second lowest priced unit, which is a Studio apartment currently listed from $2,301. Here are the most affordable Lakeshore East apartments for rent in Chicago, IL:

Apartment Listing	Model Name	Bed/Bath	Priced From
North Harbor Tower	S	Studio,1BA	$2,296
Coast at Lakeshore East	Cx1A	Studio,1BA	$2,301
Cascade	cast02a	Studio,1BA	$2,319
Shoreham and Tides	STUDIO 06 - THE SHOREHAM	Studio,1BA	$2,421
Aqua at Lakeshore East	aqs106c	Studio,1BA	$2,435

Best Value Apartments for Rent in Lakeshore East, IL

As of June 24, 2026 the best value apartment in the Lakeshore East area is the $5.00 price per square foot 2x2A-ADA Model at Coast at Lakeshore East in the in the Magnificent Mile neighborhood starting from $5,482. The second greatest value Lakeshore East apartment is the ca2b06a Model at Cascade starting at $5,176 with a $5.19 price per square foot in the Magnificent Mile neighborhood. Here is today’s list of the best values for Lakeshore 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	$5.00
Cascade	ca2b06a	2BR,2BA	$5.19
Aqua at Lakeshore East	aqv102b	Studio ,1BA	$4.84
Shoreham and Tides	STUDIO 06 - THE SHOREHAM	Studio ,1BA	$4.84
North Harbor Tower	S	Studio ,1BA	$4.94

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Frequently Asked Questions about Cheap Lakeshore East Apartments

What is the Cheapest Studio apartment in Lakeshore East?

Currently the most affordable Cheap Studio Apartment in Lakeshore East is at North Harbor Tower listed at $2,296.

How much is rent for a Cheap One Bedroom Lakeshore East Apartment?

The lowest price for a Cheap One Bedroom Lakeshore East Apartment is $2,453 at Shoreham and Tides.

What is the lowest price for a Cheap Two Bedroom Lakeshore East Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lakeshore East is starting from $4,344 at Shoreham and Tides.

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

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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

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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.