New East Side

Chicago, IL

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New East Side - Chicago, IL

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Chicago’s newest and trendiest locale

Great Location Entertainment Busy Modern Trendy

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 March 2025, the average apartment rent in New East Side is $2,210 for a studio, $2,362 for one bedroom, $3,655 for two bedrooms, and $5,054 for three bedrooms. Apartment rent in New East Side has increased by 0.5% in the past year.

  • Studio

  • 393 sq ft

    Average Sq Ft

  • $2,210/month

    Average Rent

  • 1 BR

  • 610 sq ft

    Average Sq Ft

  • $2,362/month

    Average Rent

  • 2 BR

  • 846 sq ft

    Average Sq Ft

  • $3,655/month

    Average Rent

  • 3 BR

  • 425 sq ft

    Average Sq Ft

  • $5,054/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

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 2025.