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from $1,845Studio Apartment Available Jul 1
440 North McClurg Court, Unit 414
440 North McClurg CourtChicago, IL 60611
Cheap Apartments for Rent in the Lake Shore East Neighborhood of Chicago, IL from $1,100 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Shore East area of Chicago.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
400 E Randolph St, Unit 2521
400 E Randolph St
ChicagoIL60601
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms
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499 E Waterside Dr
ChicagoIL60601
480 N McClurg Ct
ChicagoIL60611
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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 | $3,366 | $1,845 | $7,263 |
| Lake Shore East 1 Bedroom Apartments | $3,950 | $2,229 | $10,000+ |
| Lake Shore East 2 Bedroom Apartments | $6,815 | $3,450 | $10,000+ |
| Lake Shore East 3 Bedroom Apartments | $6,834 | $1,285 | $10,000+ |
| Lake Shore East 4 Bedroom Apartments | $1,706 | $1,179 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 7 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 $1,795. MILA has the second lowest priced unit, which is a Studio apartment currently listed from $2,106. 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 | $1,795 |
| MILA | SA | Studio,1BA | $2,106 |
| The 808 Cleveland | Studio 1 Bath | Studio,1BA | $2,156 |
Best Value Apartments for Rent in Lake Shore East, IL
As of May 11, 2025 the best value apartment in the Lake Shore East area is the $2.79 price per square foot 201 N Westshore Dr Model at 201 N Westshore Dr, Unit 1508 in the in the Magnificent Mile neighborhood starting from $3,900. The second greatest value Lake Shore East apartment is the Plan 2B Model at The Residences at NewCity starting at $4,560 with a $4.04 price per square foot in the Lincoln Park 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. |
|---|---|---|---|
| 201 N Westshore Dr, Unit 1508 | 201 N Westshore Dr | 2BR,2BA | $2.79 |
| The Residences at NewCity | Plan 2B | 2BR,2BA | $4.04 |
| Sentral Michigan Avenue | B3 | 2BR,2BA | $3.72 |
| Aqua at Lakeshore East | Two Bedroom 09a | 2BR,2BA | $4.22 |
| Cityfront Place | A15 | 1BR,1BA | $3.23 |
| MILA | 1D | 1BR,1BA | $3.99 |
| Shoreham and Tides | ONE BEDROOM 08 - THE SHOREHAM | 1BR,1BA | $4.24 |
| Columbus Plaza | Convertible | 1BR,1BA | $3.05 |
| The 808 Cleveland | Studio 1 Bath | Studio ,1BA | $3.79 |
| North Harbor Tower | V | Studio ,1BA | $4.26 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleLake Shore East, Chicago, IL
Ranked #47
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 $2,557.
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 $1,795, while the average apartment in Lake Shore East costs $6,995.
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 33 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 $1,037 which is $5,958 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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Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.