Cheap 2 Bedroom Apartments for Rent in Chicago, IL from $762 (901 Rentals) Page 16 of 19

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Virginia Apartments
2 Bedroom Apartments

Virginia Apartments

6905-6915 Magoun AveHammond, IN 46324
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14124 S Atlantic Ave
2 Bedroom Apartments

14124 S Atlantic Ave

14124 S Atlantic AveRiverdale, IL 60827
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Mansard Lane Apartments
2 Bedroom Apartments

Mansard Lane Apartments

1713-1725 W Mansard LnMount Prospect, IL 60056
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Alsip Apartments
2 Bedroom Apartments

Alsip Apartments

12601-12659 S Alpine StAlsip, IL 60803
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2228 S. Central Ave.
2 Bedroom Apartments

2228 S. Central Ave.

5601 W 22nd PlCicero, IL 60804
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Smith Mobile Home Park
2 Bedroom Apartments

Smith Mobile Home Park

14115 Western AveBlue Island, IL 60406
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Islander Apartments
2 Bedroom Apartments

Islander Apartments

1900 Broadway StBlue Island, IL 60406
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11010 W Grand Ave
2 Bedroom Apartments

11010 W Grand Ave

11010 W Grand AveMelrose Park, IL 60164
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Chestnut Villa
2 Bedroom Apartments

Chestnut Villa

9403-9407 Chestnut AveFranklin Park, IL 60131
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Islander Condos
2 Bedroom Apartments

Islander Condos

1819-1837 Canal StBlue Island, IL 60406
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136 E 155th
2 Bedroom Apartments

136 E 155th

136 E 155th StHarvey, IL 60426
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9829 Lawrence Ct
2 Bedroom Apartments

9829 Lawrence Ct

9829 Lawrence CtSchiller Park, IL 60176
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8111 W Grand Ave
2 Bedroom Apartments

8111 W Grand Ave

8111 W Grand AveRiver Grove, IL 60171
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919 S McKinley Ave
2 Bedroom Apartments

919 S McKinley Ave

919 S McKinley AveArlington Heights, IL 60005
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507 Denise Ct
2 Bedroom Apartments

507 Denise Ct

507 Denise CtAddison, IL 60101
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8107 W Grand Ave
2 Bedroom Apartments

8107 W Grand Ave

8107 W Grand AveRiver Grove, IL 60171
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1000 Austin
2 Bedroom Apartments

1000 Austin

1000-06 S Austin BlvdOak Park, IL 60304
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14547 Chicago Road
2 Bedroom Apartments

14547 Chicago Road

14547 Chicago RdDolton, IL 60419
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Windsor Courts
2 Bedroom Apartments

Windsor Courts

519 Dempster StMount Prospect, IL 60056
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14100 S Tracy St
2 Bedroom Apartments

14100 S Tracy St

14100 S Tracy StRiverdale, IL 60827
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14122 S School St
2 Bedroom Apartments

14122 S School St

14122 S School StRiverdale, IL 60827
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1709 W Victoria Dr
2 Bedroom Apartments

1709 W Victoria Dr

1709 W Victoria DrMount Prospect, IL 60056
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9424 S Ridgeland Ave
2 Bedroom Apartments

9424 S Ridgeland Ave

9424 S Ridgeland AveChicago Ridge, IL 60415
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Addison Horizon
2 Bedroom Apartments

Addison Horizon

500 N Denise CtAddison, IL 60101
Senior Living
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14127 S School St
2 Bedroom Apartments

14127 S School St

14127 S School StRiverdale, IL 60827
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Chablis
2 Bedroom Apartments

Chablis

610 N Lincoln AveAddison, IL 60101
Corporate Housing
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14101 S Atlantic
2 Bedroom Apartments

14101 S Atlantic

14101-14103 S Atlantic AveRiverdale, IL 60827
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Nordica Apartments
2 Bedroom Apartments

Nordica Apartments

7740-7860 N Nordica AveNiles, IL 60714
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14020 S School
2 Bedroom Apartments

14020 S School

14020 S School StRiverdale, IL 60827
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14123 S Tracy
2 Bedroom Apartments

14123 S Tracy

14123-14125 S Tracy AveRiverdale, IL 60827
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Brownstone Court
2 Bedroom Apartments

Brownstone Court

1474-1484 S Brownstone CtMount Prospect, IL 60056
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2730 Ridgeland Ave
2 Bedroom Apartments

2730 Ridgeland Ave

2730 Ridgeland AveBerwyn, IL 60402
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637 W Pickwick Ct
2 Bedroom Apartments

637 W Pickwick Ct

637 W Pickwick CtMount Prospect, IL 60056
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Park Lane Apartments
2 Bedroom Apartments

Park Lane Apartments

2051 Ash StDes Plaines, IL 60018
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422-426 S Taylor Ave
2 Bedroom Apartments

422-426 S Taylor Ave

422-426 S Taylor AveOak Park, IL 60302
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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 $6,719.

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 2,886 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 $6,254 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.