Shoreham and Tides
400 E South Water St,
Chicago, IL 60601
$2,118 - $8,649
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 May 2026, the average apartment rent in New East Side is $2,273 for a studio, $2,516 for one bedroom, $3,755 for two bedrooms, and $5,231 for three bedrooms. Apartment rent in New East Side has increased by 0.9% in the past year.
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Studio
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413 sq ft
Average Sq Ft
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$2,273/month
Average Rent
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1 BR
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649 sq ft
Average Sq Ft
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$2,516/month
Average Rent
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2 BR
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841 sq ft
Average Sq Ft
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$3,755/month
Average Rent
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3 BR
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415 sq ft
Average Sq Ft
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$5,231/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly New East Side - Chicago, IL is for everyday living.
Exceptionally Walkable
Walkability
100
/ 100
Exceptional Public Transit
Transit
100
/ 100
Fairly Drivable
Drivability
40
/ 100
Exceptionally Bikeable
Bikeability
90
/ 100
Daily Essentials
In New East Side - Chicago, IL, daily errands are quick and hassle-free.
Supermarket Within a 5 Minute Walk
Groceries
100
/ 100
Exceptional Restaurant Variety Nearby
Restaurants
100
/ 100
Exceptional Café Variety Nearby
Cafes
100
/ 100
Exceptional Variety of Shops Nearby
Shopping
100
/ 100
Recreation
New East Side - Chicago, IL provides ample green space and fitness centers within easy reach.
Exceptional Amount of Park Space Nearby
Parks
100
/ 100
Exceptional Wellness Amenity Variety Nearby
Wellness
90
/ 100
Local Vibe
Get a sense of what it’s like to live in New East Side - Chicago, IL from everyday activity to noise and nightlife.
Exceptionally Vibrant Atmosphere
Vibrancy
90
/ 100
Exceptional Nightlife Variety Nearby
Nightlife
100
/ 100
Scores provided by
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
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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.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.