
Cheap Apartments for Rent in the Lake Shore East Neighborhood of Chicago, IL from $1,100 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Shore East area of Chicago.


North Harbor Tower

Cityfront Place

Shoreham and Tides
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347 E Wacker Dr, Unit 2009

480 N McClurg Ct, Unit 912

400 E Randolph St
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Lake Shore East, Chicago, IL Local Guide

How much does it cost to rent an apartment in Lake Shore East?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Shore East Studio Apartments | $3,295 | $2,055 | $7,097 |
Lake Shore East 1 Bedroom Apartments | $3,855 | $2,206 | $9,145 |
Lake Shore East 2 Bedroom Apartments | $6,620 | $3,370 | $10,000+ |
Lake Shore East 3 Bedroom Apartments | $6,430 | $1,285 | $10,000+ |
Lake Shore East 4 Bedroom Apartments | $1,716 | $1,155 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Lake Shore East Neighborhood of Chicago, IL.
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Lake Shore East, Chicago, IL Local Guide
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Cheapest Available Lake Shore East Apartments for Rent
 The cheapest available apartment rental in the Lake Shore East area of Chicago, IL is a 1 Bed unit found at Columbus Plaza priced from $1,854. North Harbor Tower has the second lowest priced unit, which is a Studio apartment currently listed from $2,060. Here are the most affordable Lake Shore East apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Columbus Plaza | Convertible | 1BR,1BA | $1,854 |
North Harbor Tower | S1 & S2 | Studio,1BA | $2,060 |
MILA | SA | Studio,1BA | $2,111 |
Best Value Apartments for Rent in Lake Shore East, IL
As of April 27, 2025 the best value apartment in the Lake Shore East area is the $3.48 price per square foot D1 Model at Sentral Michigan Avenue in the in the Near South Side neighborhood starting from $7,995. The second greatest value Lake Shore East apartment is the Private Bedroom in Shared 4 Bed 3 Bath Model at The 808 Cleveland starting at $1,333 with a $1.10 price per square foot in the Chicago Loop neighborhood. Here is today’s list of the best values for Lake Shore East apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Sentral Michigan Avenue | D1 | 4BR,3BA | $3.48 |
The 808 Cleveland | Private Bedroom in Shared 4 Bed 3 Bath | 4BR,3BA | $1.10 |
460 E Waterside Dr, Unit 2 | 460 E Waterside Dr | 2BR,2BA | $4.34 |
The Residences at NewCity | Plan 1B With Den | 1BR,1BA | $3.92 |
180 North Jefferson | 1C - 06 | 1BR,1BA | $3.19 |
MILA | 1D | 1BR,1BA | $4.09 |
Shoreham and Tides | CONVERTIBLE 03 - THE SHOREHAM | 1BR,1BA | $4.33 |
Columbus Plaza | Convertible | 1BR,1BA | $3.15 |
Cityfront Place | S08 | Studio ,1BA | $3.98 |
North Harbor Tower | V | Studio ,1BA | $4.28 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleLake Shore East, Chicago, IL
Ranked #48
Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Lake Shore East Neighborhood in Chicago, IL
Walk Score®
94 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
83 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
94 / 100
Rider’s Paradise
World-class public transportation
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lake Shore East Apartments
What is a cheap apartment in Lake Shore East?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Shore East is under $2,491.
What is the price of a cheap apartment in Lake Shore East?
The cheapest apartment in Lake Shore East is Columbus Plaza which is listed at $1,854, while the average apartment in Lake Shore East costs $6,966.
What types of apartments are the cheapest in Lake Shore East?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 39 regular apartments in Lake Shore East that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lake Shore East?
Cheap apartments in Lake Shore East have an average cost of $1,059 which is $5,907 cheaper than the average rent for all rentals in Lake Shore East.
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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