
Cheap Apartments for Rent in the New East Side Neighborhood of Chicago, IL from $1,800 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the New East Side area of Chicago.


Millennium Park Plaza

Columbus Plaza

130 N Garland Ct

400 E Randolph St, Unit 3321

North Harbor Tower

60 E Randolph St

201 N Westshore Dr
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.

240 E Wacker Dr

Coast at Lakeshore East

Shoreham and Tides

Aqua at Lakeshore East

400 E Randolph St, Unit 2312

182 N Garland Ct

347 E Wacker Dr

367 E Wacker Dr
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.

178 N Garland Ct

400 E Randolph St, Unit 2616

155 N Harbor Dr, Unit 4606

195 N Harbor Dr

189 N Michigan Ave, Unit 47c

360 E Randolph St

55 E Lake St

60 E Randolph St
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

190 N Garland Ct

222 N Columbus Dr, Unit 35th Floor

Parkline Chicago

Cascade

Total Monthly Price
Millie On Michigan

68 E Wacker Pl

420 E Waterside Dr

481 E Waterside Dr
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.

The Tides at Lakeshore East

400 E Randolph St

320 N. Michigan
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 | $2,562 | $1,875 | $3,437 |
| New East Side 1 Bedroom Apartments | $2,831 | $1,973 | $5,164 |
| New East Side 2 Bedroom Apartments | $4,108 | $2,940 | $6,445 |
| New East Side 3 Bedroom Apartments | $9,573 | $3,875 | $10,000+ |
| New East Side 4 Bedroom Apartments | $12,300 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 35 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 $1,875. 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 | $1,875 |
| Millennium Park Plaza | Studio | Studio,1BA | $1,965 |
| North Harbor Tower | S | Studio,1BA | $2,070 |
| Columbus Plaza | 1 Bedroom | 1BR,1BA | $2,145 |
| Aqua at Lakeshore East | aqs106c | Studio,1BA | $2,291 |
| Shoreham and Tides | CONVERTIBLE 03 - THE SHOREHAM | 1BR,1BA | $2,294 |
| Coast at Lakeshore East | Sx1B | Studio,1BA | $2,303 |
| Cascade | cast01a | Studio,1BA | $2,505 |
| Parkline Chicago | 06 | 1BR,1BA | $2,533 |
| Millie On Michigan | A08 | Studio,1BA | $2,538 |
Best Value Apartments for Rent in New East Side, IL
As of February 23, 2026 the best value apartment in the New East Side area is the $5.26 price per square foot 1901 Model at Parkline Chicago in the in the Magnificent Mile neighborhood starting from $7,999. 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 | 1901 | 3BR,3BA | $5.26 |
| 333 E Wacker Dr, Unit 17 | 333 E Wacker Dr | 2BR,2BA | $2.83 |
| Coast at Lakeshore East | 1x1A | 1BR,1BA | $4.78 |
| Millie On Michigan | A04.3 | Studio ,1BA | $5.30 |
| Aqua at Lakeshore East | aqs105e | Studio ,1BA | $4.49 |
| Shoreham and Tides | STUDIO 12 - THE SHOREHAM | Studio ,1BA | $4.47 |
| Columbus Plaza | Convertible Elite | 1BR,1BA | $3.83 |
| North Harbor Tower | V | Studio ,1BA | $4.51 |
| Cascade | cast01a | Studio ,1BA | $4.92 |
| MDA Apartments | S2N - Modern | Studio ,1BA | $5.36 |
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 $1,875.
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 $2,940 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 $3,875.
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

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.

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.