
Cheap 2 Bedroom Apartments for Rent in Chicago, IL from $650 (941 Rentals) Page 12 of 19


5958 W North Ave 1605-11 N Austin Chicago, IL 60639

2500-08 W. Pensacola Ave. / 4334-42 N. Campbell Ave

1662 W. Farwell Ave.

107-113 N Laramie Ave Chicago, IL 60644

5314 W Washington Blvd Chicago, IL 60644

4906 N Springfield Ave

1204 W Lexington St

5624 S. Wabash

Lake Park Crescent Apartments

The Oakley

1635-1637 W Touhy

6157 S Washtenaw Ave

2230 S. Kedzie

10522-28 S. Walden

1912 S Throop St

6725 S Campbell Ave

200 N Kenneth

4241-4247 N Hermitage Ave

Prince Edward Manor

4107-4115 N Broadway St

2826 E 76th Pl Chicago, IL 60649

1257-59 S Kildare Ave Chicago, IL 60623

Cicero Senior Lofts

2610-18 N Laramie Ave Chicago, IL 60639

1501 E 68th Chicago, IL 60637

Everett Hyde Park

2050 E 72nd Pl 2050-2060 E 72nd Pl Chicago, IL 60649

Pilsen Apartments

5036-38 W Quincy St Chicago, IL 60644

6809 W Diversey Ave

4815-23 W Cortez St Chicago, IL 60651

1509-11 S Kenneth Ave Chicago, IL 60623

7400 S Rhodes Ave Chicago, IL 60619

2542 S Trumbull Chicago, IL 60623

Ivy at Shelbyrne

Catherine Courts

5302 W Ohio St

5200 N Wayne Ave

7770-78 S South Shore Drive Chicago, IL 60649

5735 W. Washington Blvd

437-59 W. Belmont Ave.

832 N. Rockwell Ave.

2000 W Summerdale Ave

4705 N Central Park Ave

1206-1208 W Lexington St

7348 S Dr Martin Luther King Jr Dr Chicago, IL 60619

1101 N Lawler Ave

1117 N Lawler Ave Chicago, IL 60651

7406 s Perry Ave Chicago, IL 60621
Chicago, IL Local Guide

How much does it cost to rent an apartment in Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chicago Studio Apartments | $1,923 | $550 | $6,511 |
| Chicago 1 Bedroom Apartments | $2,424 | $650 | $10,000+ |
| Chicago 2 Bedroom Apartments | $2,977 | $650 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,684 | $755 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,248 | $1,040 | $10,000+ |
| Chicago 5 Bedroom Apartments | $10,214 | $2,400 | $10,000+ |
| Chicago 6 Bedroom Apartments | $15,679 | $850 | $10,000+ |
Explore Chicago
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 $700.
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 $7,678.
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 5,615 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 $516 which is $7,162 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

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.

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.

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.

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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.