Cheap Homes for Rent in New East Side Neighborhood of Chicago, IL from $1,900 (14 Rentals)

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Search the lowest-cost Homes available for rent right now in the New East Side area of Chicago.

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155 N Harbor Dr

ChicagoIL60601

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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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 MDA Apartments priced from $1,750. Millennium Park Plaza has the second lowest priced unit, which is a Studio apartment currently listed from $1,875. Here are the most affordable New East Side apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
MDA ApartmentsS8N - ModernStudio,1BA$1,750
Millennium Park PlazaStudioStudio,1BA$1,875
Columbus PlazaConvertible1BR,1BA$1,890
320 N. MichiganStudio1BR,1BA$1,895
MILASAStudio,1BA$2,099

Best Value Apartments for Rent in New East Side, IL

As of April 29, 2025 the best value apartment in the New East Side area is the $3.59 price per square foot 77 E Lake St Model at 77 E Lake St, Unit 2 in the in the Magnificent Mile neighborhood starting from $4,406. The second greatest value New East Side 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 New East Side apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
77 E Lake St, Unit 277 E Lake St2BR,2BA$3.59
The 808 ClevelandPrivate Bedroom in Shared 4 Bed 3 Bath4BR,3BA$1.10
Sentral Michigan AvenueB32BR,2BA$3.85
73 East Lake07b2BR,2BA$4.32
The Residences at NewCityPlan 1B With Den1BR,1BA$3.92
180 North Jefferson1C - 061BR,1BA$3.19
MILA1D1BR,1BA$4.06
Shoreham and TidesCONVERTIBLE 03 - THE SHOREHAM1BR,1BA$4.28
Columbus PlazaConvertible1BR,1BA$3.21
North Harbor TowerVStudio ,1BA$4.33

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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 38 Apartments for Rent in New East Side, IL with pricing that ranges from $1,155 to $18,296. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in New East Side ranging from $1,920 to $30,000.

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 $30,000 with an average monthly rent of $9,340.

How much are larger Three and Four Bedroom Rentals in New East Side?

For those who are looking for larger living arrangements, Three Bedroom Apartments in New East Side range from $1,285 to $16,705, while Three Bedroom Homes, Condos, and Townhomes for rent range from $5,000 to $11,800. Four Bedroom Single-Family rentals are also available starting from $10,000 and Four Bedroom Apartments start at $1,155.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.