Cheap Apartments for Rent in the New East Side Neighborhood of Chicago, IL from $1,700 (36 Rentals)

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

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property at 60 E Randolph St

$2,310 - $22,765

Studio To 4 Bedroom Rentals

Available Now

60 E Randolph St

ChicagoIL60601

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Columbus Plaza
Studio to 3 Bedroom Apartments

Columbus Plaza

233 E Wacker DrChicago, IL 60601
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320 N. Michigan
Studio to 2 Bedroom Apartments

320 N. Michigan

320 N Michigan AveChicago, IL 60601
  • Utilities Included
property at 225 N Columbus Dr

$2,219 - $2,900

Studio To 1 Bedroom Rentals

Available Now

225 N Columbus Dr

ChicagoIL60601
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73 East Lake
Studio to 2 Bedroom Apartments

73 East Lake

73 E Lake StChicago, IL 60601

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Showing Results 1-36, Page 1 of 1

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 $1,790. Millennium Park Plaza has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,045. Here are the most affordable New East Side apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
MDA ApartmentsS3N - ModernStudio,1BA$1,790
Millennium Park PlazaStudio1BR,1BA$2,045
Shoreham and TidesCONVERTIBLE 03 - THE SHOREHAM1BR,1BA$2,059
320 N. Michigan1 Bedroom1BR,1BA$2,095
Columbus Plaza1 Bedroom1BR,1BA$2,099
North Harbor TowerSStudio,1BA$2,125
Coast at Lakeshore EastSx1BStudio,1BA$2,193
Aqua at Lakeshore Eastaqs106cStudio,1BA$2,218
73 East Lake10aStudio,1BA$2,278

Best Value Apartments for Rent in New East Side, IL

As of January 08, 2026 the best value apartment in the New East Side area is the $2.60 price per square foot 2 Bedroom Model at Columbus Plaza in the in the Magnificent Mile neighborhood starting from $3,520. The second greatest value New East Side apartment is the D03 Model at Millie On Michigan starting at $4,995 with a $4.39 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Columbus Plaza2 Bedroom2BR,2BA$2.60
Millie On MichiganD032BR,2BA$4.39
73 East Lake08a2BR,2BA$3.80
Cascadeca2b06a2BR,2BA$5.09
Millennium Park Plaza1 Bedroom/ 1 Bathroom1BR,1BA$2.73
Coast at Lakeshore EastSx1CStudio ,1BA$4.09
Shoreham and TidesSTUDIO 12 - THE SHOREHAMStudio ,1BA$4.61
Aqua at Lakeshore Eastaqv102bStudio ,1BA$4.34
North Harbor TowerSStudio ,1BA$4.57
203 N Wabash Ave, Unit 1905203 N Wabash AveStudio ,1BA$4.69

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 $1,790.

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 Millennium Park Plaza.

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 $2,835 at MDA Apartments.

What is the most affordable New East Side Three Bedroom Apartment?

The best deal on a cheap New East Side Three Bedroom Apartment rental is at Millennium Park Plaza and starts from $3,795.

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

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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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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.

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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.

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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

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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.

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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.

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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.

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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!