
Cheap Apartments for Rent in the New East Side Neighborhood of Chicago, IL from $1,700 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the New East Side area of Chicago.


Columbus Plaza

400 E Randolph St, Unit 1616, Unit 1616

Millennium Park Plaza

320 N. Michigan

130 N Garland Ct

North Harbor Tower
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400 E Randolph St, Unit 3321, Unit 3321

201 N Westshore Dr

Shoreham and Tides

336 E Wacker Dr

Coast at Lakeshore East

333 E Wacker Dr

Aqua at Lakeshore East
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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.

Cascade

445 E Waterside Dr

347 E Wacker Dr

155 N Harbor Dr, Unit 4606, Unit 4606

360 E Randolph St, Unit 606, Unit 606

203 N Garland Ct

Millie On Michigan
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Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

445 E Waterside Dr

Parkline Chicago

222 N Columbus Dr, Unit 35th Floor, Unit 35th Floor

The Tides at Lakeshore East

400 E Randolph St

222 N Columbus Dr

360 E Randolph St, Unit 2006, Unit 2006
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
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195 N Harbor Dr
New East Side, Chicago, IL Local Guide

How much does it cost to rent an apartment in New East Side?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New East Side Studio Apartments | $2,457 | $1,715 | $3,551 |
| New East Side 1 Bedroom Apartments | $2,908 | $1,926 | $4,782 |
| New East Side 2 Bedroom Apartments | $4,477 | $2,565 | $10,000+ |
| New East Side 3 Bedroom Apartments | $6,123 | $3,875 | $10,000+ |
| New East Side 4 Bedroom Apartments | $12,252 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the New East Side Neighborhood of Chicago, IL.
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Cheapest Available New East Side Apartments for Rent
 The cheapest available apartment rental in the New East Side area of Chicago, IL is a Studio unit found at MDA Apartments priced from $1,925. Millennium Park Plaza has the second lowest priced unit, which is a Studio apartment currently listed from $1,965. Here are the most affordable New East Side apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| MDA Apartments | S2N - Modern | Studio,1BA | $1,925 |
| Millennium Park Plaza | Studio | Studio,1BA | $1,965 |
| 320 N. Michigan | Studio | Studio,1BA | $1,995 |
| North Harbor Tower | S | Studio,1BA | $2,034 |
| Coast at Lakeshore East | Sx1C | Studio,1BA | $2,234 |
| Shoreham and Tides | ONE BEDROOM 05 - THE SHOREHAM | 1BR,1BA | $2,296 |
| Columbus Plaza | 1 Bedroom Elite | 1BR,1BA | $2,389 |
| Aqua at Lakeshore East | aqs107a | Studio,1BA | $2,424 |
| Parkline Chicago | Convertible 06 | 1BR,1BA | $2,492 |
| 73 East Lake | 10a | Studio,1BA | $2,529 |
Best Value Apartments for Rent in New East Side, IL
As of April 10, 2026 the best value apartment in the New East Side area is the $4.87 price per square foot Penthouse C Model at Parkline Chicago in the in the Magnificent Mile neighborhood starting from $10,967. The second greatest value New East Side apartment is the 333 E Wacker Dr Model at 333 E Wacker Dr, Unit 17 starting at $3,400 with a $2.83 price per square foot in the Magnificent Mile neighborhood. Here is today’s list of the best values for New East Side apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Parkline Chicago | Penthouse C | 3BR,3.5BA | $4.87 |
| 333 E Wacker Dr, Unit 17 | 333 E Wacker Dr | 2BR,2BA | $2.83 |
| Coast at Lakeshore East | 2x2A-ADA | 2BR,2BA | $4.79 |
| 73 East Lake | 07b | 2BR,2BA | $4.00 |
| Columbus Plaza | 1 Bedroom Elite | 1BR,1BA | $3.02 |
| Aqua at Lakeshore East | aqa113d | 1BR,1BA | $4.58 |
| Shoreham and Tides | ONE BEDROOM 07 - THE SHOREHAM | 1BR,1BA | $4.03 |
| Cascade | cami04b | 1BR,1BA | $5.17 |
| North Harbor Tower | V | Studio ,1BA | $4.47 |
| Millie On Michigan | A09.3 | Studio ,1BA | $5.18 |
Frequently Asked Questions about Cheap New East Side Apartments
What is the Cheapest Studio apartment in New East Side?
Currently the most affordable Cheap Studio Apartment in New East Side is at MDA Apartments listed at $1,925.
How much is rent for a Cheap One Bedroom New East Side Apartment?
The lowest price for a Cheap One Bedroom New East Side Apartment is $2,045 at 320 N. Michigan.
What is the lowest price for a Cheap Two Bedroom New East Side Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New East Side is starting from $2,970 at MDA Apartments.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.