Cheap 2 Bedroom Apartments for Rent in Chicago, IL from $762 (904 Rentals) Page 10 of 19

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Jade Apartments
2 Bedroom Apartments

Jade Apartments

1-15 N Keeler AveChicago, IL 60624
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7270 S South Shore Dr
2 Bedroom Apartments

7270 S South Shore Dr

7270 S South Shore DrChicago, IL 60649
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Oakley Apartments
2 Bedroom Apartments

Oakley Apartments

6300-6304 N Oakley AveChicago, IL 60659
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4411 W Walton St
2 Bedroom Apartments

4411 W Walton St

4411 W Walton StChicago, IL 60651
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LUELLA
2 Bedroom Apartments

LUELLA

8056 S Luella AveChicago, IL 60617
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Island Terrace
2 Bedroom Apartments

Island Terrace

6430 S Stony Island AveChicago, IL 60637
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7263 S Coles
2 Bedroom Apartments

7263 S Coles

7263-7269 S ColesChicago, IL 60649
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5328 W Harrison
2 Bedroom Apartments

5328 W Harrison

5328 W Harrison StChicago, IL 60644
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418 S Laramie
2 Bedroom Apartments

418 S Laramie

418-424 S Laramie AveChicago, IL 60644
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1516 W 78th
2 Bedroom Apartments

1516 W 78th

1516 W 78th StChicago, IL 60620
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5901 S Michigan
2 Bedroom Apartments

5901 S Michigan

5911 S Michigan AveChicago, IL 60637
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Fargo/Campbell
2 Bedroom Apartments

Fargo/Campbell

2453-2457 W Fargo AveChicago, IL 60645
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5832 W North Ave
2 Bedroom Apartments

5832 W North Ave

5832 W North AveChicago, IL 60639
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6000 S Prairie
2 Bedroom Apartments

6000 S Prairie

6000 S Prairie AveChicago, IL 60637
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7135 S Blackstone
2 Bedroom Apartments

7135 S Blackstone

7135 S Blackstone AveChicago, IL 60619
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3650 W 18th St
2 Bedroom Apartments

3650 W 18th St

3650 W 18th StChicago, IL 60623
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7624 S Kingston
2 Bedroom Apartments

7624 S Kingston

7624 S Kingston AveChicago, IL 60649
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1236 S Lawndale
2 Bedroom Apartments

1236 S Lawndale

1236 S Lawndale AveChicago, IL 60623
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Paul G Stewart Center
2 Bedroom Apartments

Paul G Stewart Center

400 E 41st StChicago, IL 60653
Senior Living
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3560 W Cermak
2 Bedroom Apartments

3560 W Cermak

3560 W Cermak RdChicago, IL 60623
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2900 E 91st
2 Bedroom Apartments

2900 E 91st

2900 E 91st StChicago, IL 60617
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5101 W Monroe
2 Bedroom Apartments

5101 W Monroe

5101-5103 W Monroe StChicago, IL 60644
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938 W 34th St
2 Bedroom Apartments

938 W 34th St

938 W 34th StChicago, IL 60608
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Winchester Suites
2 Bedroom Apartments

Winchester Suites

7757-7759 S Winchester AveChicago, IL 60620
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634 N Lamon Ave
2 Bedroom Apartments

634 N Lamon Ave

634 N Lamon AveChicago, IL 60644
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3033 E 79th St
2 Bedroom Apartments

3033 E 79th St

3033 E 79th StChicago, IL 60649
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6101 S Oak Park
2 Bedroom Apartments

6101 S Oak Park

6101-6135 S Oak Park AveChicago, IL 60638
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Chicago, IL Area Reviews

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Nicole4+ years in Chicago

April 10, 2026

Big city challenges with traffic but also provides the amenities of the city you can't find elsewhere

Frequently Asked Questions about Cheap Chicago Apartments

What is a cheap apartment in Chicago?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Chicago is under $724.

What is the price of a cheap apartment in Chicago?

The cheapest apartment in Chicago is West Haven Park II - B which is listed at $192, while the average apartment in Chicago costs $6,710.

What types of apartments are the cheapest in Chicago?

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 3,184 regular apartments in Chicago 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 Chicago?

Cheap apartments in Chicago have an average cost of $465 which is $6,245 cheaper than the average rent for all rentals in Chicago.

Expert Rental Resources

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.

Helpful Local Expert Guides

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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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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Written by: Nicole Harms

From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.