
Cheap 2 Bedroom Apartments for Rent in Chicago, IL from $762 (1,065 Rentals) Page 16 of 22


5820 N Sheridan Rd

Mozart 4401-07 N.

5724-26 N Mozart St

1249 N Greenview Ave

535 E 67th LLC

500 W 32nd St

1215 S Homan Ave

5753 - 5755 W Lawrence Ave

South Union

4016-4024 W Cortland St

6700-12 S Chappel

1659 W. 21st St. / 2109 S. Paulina St.

2751-57 W. 22nd Pl

4226-30 N. Whipple St.

1544-50 N. LaSalle Blvd.

2528-2542 W Fitch Ave

527-37 W. Aldine

4348-4358 S Prairie Ave

Jeffery Apartments

8209 S Ellis Avenue (NEW)

7350 S Phillips Ave

7656 S Kingston Ave

7927 S. Marquette Ave

7640 S Stewart Ave

8213 S Exchange

1305 W. 82nd St

435 E 71st St

7431 S Eggleston Ave

125 E 71st St (NEW)

7801 S. Paulina St

Ivy Villas

1449 N California Ave

3133-3139 W Lawrence Ave

1258-1260 W Loyola Ave

Zitella on Central

724-728 W Roscoe St

2200-2206 W Cortez St

KPP Belmont

The Kenmore Gardens

2256-64 N. Lincoln Ave.

3249 W Potomac Ave

1758 W. 21st Pl. / 2115 S. Wood St.

4527-4537 Sheridan Rd

1735-1743 W Bryn Mawr Ave

Marshall Lofts

2240 West Morse Apartments

Kildare

3657 N Janssen Ave

725 W Melrose St
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 | $2,076 | $595 | $9,999 |
| Chicago 1 Bedroom Apartments | $2,466 | $640 | $9,244 |
| Chicago 2 Bedroom Apartments | $3,058 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,719 | $695 | $10,000+ |
| Chicago 4 Bedroom Apartments | $4,368 | $1,025 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,465 | $2,995 | $10,000+ |
| Chicago 6 Bedroom Apartments | $19,276 | $7,000 | $10,000+ |
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Chicago, IL Area Reviews
Nicole • 4+ years in Chicago
April 10, 2026Big 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 $750.
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 $2,330.
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 2,682 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 $461 which is $1,869 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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When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

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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.