Cheap 2 Bedroom Apartments for Rent in Chicago, IL from $762 (905 Rentals) Page 17 of 19

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3522-30 Oak Park Ave
2 Bedroom Apartments

3522-30 Oak Park Ave

3522-3530 Oak Park AveBerwyn, IL 60402
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1410 N 1st Ave
2 Bedroom Apartments

1410 N 1st Ave

1410 N 1st AveMelrose Park, IL 60160
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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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Lombard & Madison
2 Bedroom Apartments

Lombard & Madison

438-442 S Lombard AveOak Park, IL 60302
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14119 S Tracy
2 Bedroom Apartments

14119 S Tracy

14113 S Tracy AveRiverdale, IL 60827
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470 Gordon
2 Bedroom Apartments

470 Gordon

470 Gordon AveCalumet City, IL 60409
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14021 S Tracy
2 Bedroom Apartments

14021 S Tracy

14021 S Tracy AveRiverdale, IL 60827
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101 Memorial Dr
2 Bedroom Apartments

101 Memorial Dr

101 Memorial DrCalumet City, IL 60409
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Montclair Manor
2 Bedroom Apartments

Montclair Manor

11625-57 S Pulaski RdAlsip, IL 60803
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Whistler's Crossing
2 Bedroom Apartments

Whistler's Crossing

13750 S Lowe AveRiverdale, IL 60827
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1677 State
2 Bedroom Apartments

1677 State

1677-1685 State StCalumet City, IL 60409
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6400 S Rockwell
2 Bedroom Apartments

6400 S Rockwell

6400 S Rockwell AveChicago Lawn, IL 60629
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The Ridgeland Station
2 Bedroom Apartments

The Ridgeland Station

10370 Ridgeland AveChicago Ridge, IL 60415
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2109 S 5th Ave
2 Bedroom Apartments

2109 S 5th Ave

2109 S 5th AveMaywood, IL 60153
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2062 W 135th
2 Bedroom Apartments

2062 W 135th

2062-2066 135th PlBlue Island, IL 60406
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1931 Wesley
2 Bedroom Apartments

1931 Wesley

1931 WesleyBerwyn, IL 60402
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948 N Austin Blvd
2 Bedroom Apartments

948 N Austin Blvd

948 N Austin BlvdOak Park, IL 60302
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3513 Lake Building
2 Bedroom Apartments

3513 Lake Building

3513 Lake AveWilmette, IL 60091
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810 Seward St.
2 Bedroom Apartments

810 Seward St.

810 SEWARDEvanston, IL 60202
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Village Crossing
2 Bedroom Apartments

Village Crossing

14729-14757 Homan AveMidlothian, IL 60445
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PIMA LANSING LLC
2 Bedroom Apartments

PIMA LANSING LLC

2147 E 175th StLansing, IL 60438
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10450 Ann Ct
2 Bedroom Apartments

10450 Ann Ct

10450 Ann CtRosemont, IL 60018
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7195 Barry St
2 Bedroom Apartments

7195 Barry St

7195 Barry StRosemont, IL 60018
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820 Judson Ave
2 Bedroom Apartments

820 Judson Ave

820 Judson AveEvanston, IL 60202
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1140-1144 S Dunlop
2 Bedroom Apartments

1140-1144 S Dunlop

7625 Roosevelt RdForest Park, IL 60130
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2066 W 135th
2 Bedroom Apartments

2066 W 135th

2066 135th PlBlue Island, IL 60406
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10 W 137th St
2 Bedroom Apartments

10 W 137th St

10 W 137th StRiverdale, IL 60827
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1510 N 1st Ave
2 Bedroom Apartments

1510 N 1st Ave

1510 N 1st AveMelrose Park, IL 60160
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Oak Lawn Gardens
2 Bedroom Apartments

Oak Lawn Gardens

10216 S Pulaski RdOak Lawn, IL 60453
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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

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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.