Shoreham and Tides
400 E South Water St,
Chicago, IL 60601
$2,315 - $8,395
Studio - 2 Beds
New East Side
Chicago, IL
New East Side - Chicago, IL
Area Guide
Chicago’s newest and trendiest locale
Great Location
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Entertainment
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Busy
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Modern
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Trendy
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Characterized by high-rise buildings, a buzzing atmosphere, and ultra-modern amenities, New East Side is one of Chicago’s newest and most sought-after neighborhoods. Whether you’re a family, professional, retiree, or someone in between, you’ll be drawn to this neighborhood for a myriad of reasons. New East Side boasts a central location within walking distance of the Chicago Loop, and the neighborhood itself borders the Chicago River, Lake Michigan, and Millennium Park. New East Side is centered by Lake Shore East Park, which gives New East Side a park-like feel in the middle of the buzzing metropolis. New East Side’s streets are lined with both commercial and residential developments. Restaurants, hotels, and large office complexes like Two Illinois Center are mixed with sleek apartments and condos.
Rent Trends
As of February 2026, the average apartment rent in New East Side is $2,264 for a studio, $2,445 for one bedroom, $3,571 for two bedrooms, and $5,048 for three bedrooms. Apartment rent in New East Side has increased by 2.0% in the past year.
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Studio
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412 sq ft
Average Sq Ft
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$2,264/month
Average Rent
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1 BR
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661 sq ft
Average Sq Ft
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$2,445/month
Average Rent
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2 BR
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842 sq ft
Average Sq Ft
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$3,571/month
Average Rent
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3 BR
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415 sq ft
Average Sq Ft
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$5,048/month
Average Rent
Transportation
100
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
100
Rider's Paradise
out of 100 TransitScore® Rating
Living in this area is considered a rider’s paradise, with world-class transportation.
82
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Points of Interest
Shopping Centers
Parks and Recreation
- Millennium Park
- Openlands
- Alliance for the Great Lakes
- Grant Park
- Lake Shore Park
Airports
- Chicago Midway International
- Chicago O'Hare International
Top Apartments in New East Side
Houses for Rent in New East Side
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.