
Cheap 2 Bedroom Apartments for Rent in Chicago, IL from $762 (1,067 Rentals) Page 21 of 22


Astoria Commons

8624 Fullerton Ave

300 Madison St

Berwyn Apartments

16-24 N Austin

Live in Oak Park

3045 Harlem Ave

Somerset Park II

Homewood Court Apartments

10425 Mason - 10624 Major

Somerset Park I

Pleasant Circle North

6149 W North

634 Sibley

400 N Taylor Ave

428 Washington Blvd

162 N Humphrey Ave

8309 Keating Ave

4848 W 83rd St

10921-10923 S Keating Ave

11055 S Nagle Ave

4904 N Harlem Ave

832 S Maple Ave

Pleasant Circle South

1530-1532 N. Austin Blvd.

304 Home Ave

908-922 Main Street

Maywood Apartments

Liberty Village

The Oak Crest

828 Seward St

225 Harrison St.

Broadview Apartments

404 School

580 N Mill Rd

905-915 Elmwood

Villa Garden Apartments

433-435 S Grove Ave

3859 Howard St

414-416 S Kenilworth Ave

1233 Chicago Ave

2146 Sherman Ave

Rosemont - 9451

Lyons

Orion ParkView

432-438 N. Austin Blvd.

1228-1230 N. Austin Blvd.

Fountainhead Apartments

404 S 4th
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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
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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.

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
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I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

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Articles, How-To's, and Tips

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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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.