Cheap 2 Bedroom Apartments for Rent in Chicago, IL from $762 (904 Rentals) Page 11 of 19

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7655 S May
2 Bedroom Apartments

7655 S May

7655 S May StChicago, IL 60620
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7800 S Jeffery
2 Bedroom Apartments

7800 S Jeffery

7804 S JeffreyChicago, IL 60649
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4301 W Potomac Ave
2 Bedroom Apartments

4301 W Potomac Ave

4301-4303 W Potomac AveChicago, IL 60651
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8200 S Ingleside
2 Bedroom Apartments

8200 S Ingleside

8200-8204 S Ingleside AveChicago, IL 60619
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1931 S Homan Ave
2 Bedroom Apartments

1931 S Homan Ave

1931 S Homan AveChicago, IL 60623
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5800 S Artesian
2 Bedroom Apartments

5800 S Artesian

5800 S Artesian AveChicago, IL 60629
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5854 S Michigan
2 Bedroom Apartments

5854 S Michigan

5854 S Michigan AveChicago, IL 60637
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5624 S. Wabash
2 Bedroom Apartments

5624 S. Wabash

5606-5616 S Wabash AveChicago, IL 60637
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1635-1637 W Touhy
2 Bedroom Apartments

1635-1637 W Touhy

1635-1637 W Touhy AveChicago, IL 60626
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1912 S Throop St
2 Bedroom Apartments

1912 S Throop St

1912 S Throop StChicago, IL 60608
Corporate Housing
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6725 S Campbell Ave
2 Bedroom Apartments

6725 S Campbell Ave

6725 S Campbell AveChicago, IL 60629
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10522-28 S. Walden
2 Bedroom Apartments

10522-28 S. Walden

10522-10528 S Walden ParkwayChicago, IL 60643
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2230 S. Kedzie
2 Bedroom Apartments

2230 S. Kedzie

2230 S Kedzie AveChicago, IL 60623
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The Oakley
2 Bedroom Apartments

The Oakley

1007-1011 S Oakley BlvdChicago, IL 60612
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3454 W Lexington
2 Bedroom Apartments

3454 W Lexington

3454 W Lexington StChicago, IL 60624
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6157 S Washtenaw Ave
2 Bedroom Apartments

6157 S Washtenaw Ave

6157 S Washtenaw AveChicago, IL 60629
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200 N Kenneth
2 Bedroom Apartments

200 N Kenneth

200 N Kenneth AveChicago, IL 60624
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Prince Edward Manor
2 Bedroom Apartments

Prince Edward Manor

1218-1228 W Pratt BlvdChicago, IL 60626
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702 N Waller
2 Bedroom Apartments

702 N Waller

702 N Waller AveChicago, IL 60644
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7406 s Perry Ave
2 Bedroom Apartments

7406 s Perry Ave

7406 S Perry AveChicago, IL 60621
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Cicero Senior Lofts
2 Bedroom Apartments

Cicero Senior Lofts

4835 S Cicero AveChicago, IL 60632
Senior Living
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1501 E 68th
2 Bedroom Apartments

1501 E 68th

1501 E 68th StChicago, IL 60637
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2610 N Laramie
2 Bedroom Apartments

2610 N Laramie

2610-2618 N Laramie AveChicago, IL 60639
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Everett Hyde Park
2 Bedroom Apartments

Everett Hyde Park

5501-5527 S Everett AveChicago, IL 60637
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5036 W Quincy St
2 Bedroom Apartments

5036 W Quincy St

5036 W Quincy StChicago, IL 60644
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Pilsen Apartments
2 Bedroom Apartments

Pilsen Apartments

2302 W 19th StChicago, IL 60608
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6809 W Diversey Ave
2 Bedroom Apartments

6809 W Diversey Ave

6809 W Diversey AveChicago, IL 60707
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5870 W Lake
2 Bedroom Apartments

5870 W Lake

5850-5870 W Lake StChicago, IL 60644
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4815 W Cortez
2 Bedroom Apartments

4815 W Cortez

4815 W Cortez StChicago, IL 60651
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7914 S Hermitage
2 Bedroom Apartments

7914 S Hermitage

7914 S Hermitage AveChicago, IL 60620
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1257 S Kildare
2 Bedroom Apartments

1257 S Kildare

1257 S Kildare AveChicago, IL 60623

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.