Cheap 2 Bedroom Apartments for Rent in Chicago, IL from $762 (904 Rentals) Page 13 of 19

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3733 N Janssen
2 Bedroom Apartments

3733 N Janssen

3733 N Janssen AveChicago, IL 60613
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Rogers Park Apartments
2 Bedroom Apartments

Rogers Park Apartments

1640-1648 W Pratt BlvdChicago, IL 60626
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7152 S East End Ave
2 Bedroom Apartments

7152 S East End Ave

7152 S East End AveChicago, IL 60649
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6654 W Devon Ave
2 Bedroom Apartments

6654 W Devon Ave

6654 W Devon AveChicago, IL 60631
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516 W. Briar Pl.
2 Bedroom Apartments

516 W. Briar Pl.

514-516 W Briar PlChicago, IL 60657
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1914 N Drake Ave
2 Bedroom Apartments

1914 N Drake Ave

1914 N Drake AveChicago, IL 60647
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3441 W Fulton Blvd
2 Bedroom Apartments

3441 W Fulton Blvd

3441 W Fulton BlvdChicago, IL 60624
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Fullerton
2 Bedroom Apartments

Fullerton

4433 W Fullerton AveChicago, IL 60639
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Paulina Building
2 Bedroom Apartments

Paulina Building

7009-15 N Paulina StChicago, IL 60626
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Cornelia
2 Bedroom Apartments

Cornelia

4715-4731 W Cornelia AveChicago, IL 60641
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4720 S Drexel
2 Bedroom Apartments

4720 S Drexel

4720 S Drexel BlvdChicago, IL 60615
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The Pershing
2 Bedroom Apartments

The Pershing

3845 S State StChicago, IL 60609
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Ivy Hastings
2 Bedroom Apartments

Ivy Hastings

5125 S Kenwood AveChicago, IL 60615
Student Housing
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1200 W Addison St
2 Bedroom Apartments

1200 W Addison St

1200 W Addison StChicago, IL 60613
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1234 N Cleaver
2 Bedroom Apartments

1234 N Cleaver

1234 N CleaverChicago, IL 60642
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Waveland Park Court
2 Bedroom Apartments

Waveland Park Court

714 N Waveland AveChicago, IL 60613
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2218 W Chicago Ave
2 Bedroom Apartments

2218 W Chicago Ave

2218 W Chicago AveChicago, IL 60622
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920 W Cullom
2 Bedroom Apartments

920 W Cullom

920 W CullomChicago, IL 60613
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2001 S State St
2 Bedroom Apartments

2001 S State St

2001 S State StChicago, IL 60616
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2724 W Lunt Ave
2 Bedroom Apartments

2724 W Lunt Ave

2724 W Lunt AveChicago, IL 60645
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Buckingham Place
2 Bedroom Apartments

Buckingham Place

650-652 W Buckingham PlChicago, IL 60657
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5927-5929 W 63rd St
2 Bedroom Apartments

5927-5929 W 63rd St

5927-5929 W 63rd StChicago, IL 60638
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906 W Montrose Ave
2 Bedroom Apartments

906 W Montrose Ave

906 W Montrose AveChicago, IL 60613
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Trianon Lofts
2 Bedroom Apartments

Trianon Lofts

803 E 61st StChicago, IL 60637
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4850 W North Ave
2 Bedroom Apartments

4850 W North Ave

4850 W North AveChicago, IL 60639
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707 W 28th St
2 Bedroom Apartments

707 W 28th St

707 W 28th StChicago, IL 60616
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6874 N NW Highway
2 Bedroom Apartments

6874 N NW Highway

6874-6876 N Northwest HwyChicago, IL 60631
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6600 Ashland
2 Bedroom Apartments

6600 Ashland

6600 N Ashland AveChicago, IL 60626
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Jackson Park Terrace
2 Bedroom Apartments

Jackson Park Terrace

6040 S Harper AveChicago, IL 60637
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647 N Mayfield Ave
2 Bedroom Apartments

647 N Mayfield Ave

647 N Mayfield AveChicago, IL 60644
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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.