Cheap Homes for Rent in New East Side Neighborhood of Chicago, IL from $1,900 (18 Rentals)

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property at 400 E Randolph St

400 E Randolph St

ChicagoIL60601

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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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.

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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!

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New East Side, Chicago, IL Local Guide

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 Millennium Park Plaza priced from $1,875. Aqua at Lakeshore East has the second lowest priced unit, which is a Studio apartment currently listed from $2,035. Here are the most affordable New East Side apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Millennium Park PlazaStudioStudio,1BA$1,875
Aqua at Lakeshore Eastaqs106aStudio,1BA$2,035
MDA ApartmentsV4 - HistoricStudio,1BA$2,050
Shoreham and TidesSTUDIO 12 - THE SHOREHAMStudio,1BA$2,060
North Harbor TowerSStudio,1BA$2,095

Best Value Apartments for Rent in New East Side, IL

As of November 01, 2025 the best value apartment in the New East Side area is the $2.52 price per square foot 187 N Westshore Dr Model at 187 N Westshore Dr in the in the Magnificent Mile neighborhood starting from $4,500. The second greatest value New East Side apartment is the 326 N Michigan Ave Model at 326 N Michigan Ave, Unit 3N starting at $4,950 with a $3.09 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.
187 N Westshore Dr187 N Westshore Dr3BR,2.5BA$2.52
326 N Michigan Ave, Unit 3N326 N Michigan Ave2BR,2BA$3.09
Columbus Plaza2 Bedroom2BR,2BA$2.70
460 E Waterside Dr, Unit 1460 E Waterside Dr1BR,1BA$3.89
Millennium Park Plaza1 Bedroom/ 1 Bathroom1BR,1BA$2.66
73 East Lake05Studio ,1BA$4.05
Shoreham and TidesCONVERTIBLE 09 - TIDES1BR,1BA$4.06
Cascadecami03b1BR,1BA$4.44
Aqua at Lakeshore Eastaqs105eStudio ,1BA$4.23
MDA ApartmentsS13 - HistoricStudio ,1BA$3.93

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Quick Rent Budget Calculator

How much rent can you afford?

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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Pet Friendly Lifestyle
New East Side, Chicago, IL

Ranked #46

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about New East Side

What type of rentals are currently available in New East Side?

There are currently 33 Apartments for Rent in New East Side, IL with pricing that ranges from $1,700 to $23,307. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in New East Side ranging from $1,920 to $16,000.

What is the current price range for Rental Homes in New East Side?

Today's rental pricing for Homes for Rent, Condos and Townhomes in New East Side ranges from $1,920 to $16,000 with an average monthly rent of $4,382.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.