Cheap 2 Bedroom Apartments for Rent in Chicago, IL from $762 (1,066 Rentals) Page 22 of 22

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1512-1522 Central St
2 Bedroom Apartments

1512-1522 Central St

1512-1522 Central StEvanston, IL 60201
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7406 Randolph St.
2 Bedroom Apartments

7406 Randolph St.

7406 Randolph StForest Park, IL 60130
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812-814 Carpenter Ave
2 Bedroom Apartments

812-814 Carpenter Ave

812-814 Carpenter AveOak Park, IL 60304
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832 Washington Blvd.
2 Bedroom Apartments

832 Washington Blvd.

832-840 Washington BlvdOak Park, IL 60302
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211 Custer Ave 2E
2 Bedroom Apartments

211 Custer Ave 2E

211 Custer AveEvanston, IL 60202
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620 Barton Ave
2 Bedroom Apartments

620 Barton Ave

620 Barton AveEvanston, IL 60202
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638-642 Harrison St.
2 Bedroom Apartments

638-642 Harrison St.

638-642 Harrison StOak Park, IL 60304
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8860 Mobile Ave
2 Bedroom Apartments

8860 Mobile Ave

8860 Mobile AveOak Lawn, IL 60453
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1032 Washington
2 Bedroom Apartments

1032 Washington

1032 W Washington BlvdOak Park, IL 60302
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8411 Christiana Ave
2 Bedroom Apartments

8411 Christiana Ave

8411 Christiana AveSkokie, IL 60076
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9625-9633 Ridgeland Ave
2 Bedroom Apartments

9625-9633 Ridgeland Ave

9625-9633 Ridgeland AveOak Lawn, IL 60453
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400 N Marion St
2 Bedroom Apartments

400 N Marion St

400 N Marion StOak Park, IL 60302

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

Written by: Nicole Harms

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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Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Written by: Nicole Harms

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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Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Written by: Nicole Harms

Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

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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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

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.

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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.