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$1,760 - $3,210Studio to 2 Bedroom Apartments Available Now
MDA Apartments
63 E Lake StChicago, IL 60601
Cheap Apartments for Rent in the New East Side Neighborhood of Chicago, IL from $1,700 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the New East Side area of Chicago.
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$1,977 - $3,649Studio to 2 Bedroom Apartments Available Now
Columbus Plaza
233 E Wacker DrChicago, IL 60601
130 N Garland Ct
ChicagoIL60602
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$2,025 - $3,445Studio to 2 Bedroom Apartments Available Now
320 N. Michigan
320 N Michigan AveChicago, IL 60601
201 N Westshore Dr
ChicagoIL60601
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$2,145 - $3,0951 to 2 Bedroom Apartments Available Now
Millennium Park Plaza
151-155 N Michigan AveChicago, IL 60601
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$2,160 - $9,029Studio to 3 Bedroom Apartments Available Now
North Harbor Tower
175 N Harbor DrChicago, IL 60601
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.
203 N Garland Ct
ChicagoIL60601
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$2,207 - $8,691Studio to 2 Bedroom Apartments Available Now
Shoreham and Tides
400 E South Water StChicago, IL 60601
450 E Waterside Dr, Unit 407
450 E Waterside Dr
ChicagoIL60601
336 E Wacker Dr
ChicagoIL60601
319 E Wacker Dr
ChicagoIL60601
400 E Randolph St, Unit 2402, Unit 2402
400 E Randolph St
ChicagoIL60601
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$2,373 - $6,213Studio to 3 Bedroom Apartments Available Now
Coast at Lakeshore East
345 E Wacker DrChicago, 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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$2,389 - $15,200Studio to 4 Bedroom Apartments Available Now
Parkline Chicago
60 E Randolph StChicago, IL 60601
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$2,410
Total Monthly Price
Studio Apartments Available Aug 20Total Monthly Price
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$2,410
Total Monthly Price
$2,410
60 E Randolph St, Unit SI FL8-ID1346
60 E Randolph StChicago, IL 60601
347 E Wacker Dr
ChicagoIL60601
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$2,439 - $6,979Studio to 2 Bedroom Apartments Available Now
Aqua at Lakeshore East
225 N Columbus DrChicago, IL 60601
151 E Randolph St
ChicagoIL60602
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$2,4621 Bedroom Apartments Available Now
375 E Wacker Dr, Unit 385 East Wacker
375 E Wacker DrChicago, IL 60601
341 E Wacker Dr
ChicagoIL60601
Cash 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.
83 E Wacker Pl
ChicagoIL60601
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$2,523 - $5,030Studio to 2 Bedroom Apartments Available Now
73 East Lake
73 E Lake StChicago, IL 60601
201 N West Shore Dr, Unit 806A, Unit 806A
201 N West Shore Dr
ChicagoIL60601
420 E Waterside Dr
ChicagoIL60601
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Studio to 2 Bedroom Apartments
The Tides at Lakeshore East
360 E South Water StChicago, IL 60601
400 E Randolph St, Unit 3712, Unit 3712
400 E Randolph St
ChicagoIL60601
400 E Randolph St, Unit 2022, Unit 2022
400 E Randolph St
ChicagoIL60601
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.
400 E Randolph St
ChicagoIL60601
195 N Harbor Dr
ChicagoIL60601
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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 | $2,561 | $1,760 | $3,248 |
| New East Side 1 Bedroom Apartments | $2,993 | $1,977 | $4,373 |
| New East Side 2 Bedroom Apartments | $4,335 | $2,885 | $6,213 |
| New East Side 3 Bedroom Apartments | $15,482 | $10,000 | $10,000+ |
| New East Side 4 Bedroom Apartments | $12,635 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 30 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 $1,900. 320 N. Michigan has the second lowest priced unit, which is a Studio apartment currently listed from $2,025. Here are the most affordable New East Side apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| MDA Apartments | S3N - Modern | Studio,1BA | $1,900 |
| 320 N. Michigan | Studio | Studio,1BA | $2,025 |
| Millennium Park Plaza | 1 Bed / 1 Bath | 1BR,1BA | $2,145 |
| North Harbor Tower | S1 & S2 | Studio,1BA | $2,160 |
| Columbus Plaza | 1 Bedroom | 1BR,1BA | $2,268 |
| Shoreham and Tides | CONVERTIBLE 09 - THE SHOREHAM | 1BR,1BA | $2,516 |
| 73 East Lake | 10a | Studio,1BA | $2,560 |
| Aqua at Lakeshore East | aqs105e | Studio,1BA | $2,574 |
| Coast at Lakeshore East | Sx1B | Studio,1BA | $2,631 |
| Millie On Michigan | A09.3 ADA | Studio,1BA | $2,658 |
Best Value Apartments for Rent in New East Side, IL
As of May 25, 2026 the best value apartment in the New East Side area is the $4.93 price per square foot Penthouse C Model at Parkline Chicago in the in the Magnificent Mile neighborhood starting from $11,087. The second greatest value New East Side apartment is the 2x2A-ADA Model at Coast at Lakeshore East starting at $5,466 with a $4.98 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 | $4.93 |
| Coast at Lakeshore East | 2x2A-ADA | 2BR,2BA | $4.98 |
| Columbus Plaza | 1 Bedroom Elite | 1BR,1BA | $2.99 |
| 73 East Lake | 10a | Studio ,1BA | $3.70 |
| Aqua at Lakeshore East | aqs107b | Studio ,1BA | $4.60 |
| Cascade | cami04b | 1BR,1BA | $5.19 |
| Millie On Michigan | A09.3 | Studio ,1BA | $5.33 |
| Shoreham and Tides | STUDIO 06 - THE SHOREHAM | Studio ,1BA | $5.08 |
| North Harbor Tower | S | Studio ,1BA | $4.66 |
| MDA Apartments | S3N - Modern | Studio ,1BA | $5.21 |
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 $1,900.
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 $2,095 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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.