
Cheap 2 Bedroom Apartments for Rent in Chicago, IL from $762 (907 Rentals) Page 3 of 19


Total Monthly Price
1018 W 32nd Pl, Unit 2nd floor front unit, Unit 2nd floor front unit

7722 S Kingston Ave

3101 W Flournoy St

6730 S Clyde Ave

2141 S Marshall Blvd

8139 S Peoria St

Total Monthly Price
1633 E 74th St

2602 W 47th St

3002 E 81st St

7526-36 S Colfax Ave

Ivy Park Homes

Total Monthly Price
1923 S Peoria St, Unit 1F, Unit 1F

2550 W Washington Blvd

1639 W 38th Pl, Unit 1F

8153 S Colfax Ave

8043 S Maryland Ave

4264 W Nelson St

8502 S Stony Island Ave

3231 W Flournoy St

11219 S Martin Luther King Dr

8921 S Cottage Grove Ave

620 E 73rd St

1235 S Kolin Ave

10528 S Walden Pkwy

5054 N Ridgeway Ave

8201 S Ada St

Midway

7841 S Loomis Blvd

1528 E 72nd St

6035 S Karlov Ave

2209 E 70th St, Unit 2, Unit 2

2043 N Cicero Ave, Unit 3S, Unit 3S

1511 W 82nd St

Total Monthly Price
7711 S Chappel Ave, Unit Apartment 1, Unit Apartment 1

Total Monthly Price
5354 N Linder Ave, Unit #2, Unit #2

Total Monthly Price
1629 W 38th St, Unit 2FLR REAR, Unit 2FLR REAR

Total Monthly Price
4044 W 55th St, Unit 2, Unit 2

Total Monthly Price
5918 S Calumet Ave

Total Monthly Price
2654 W 21st Pl, Unit second floor, Unit second floor

Total Monthly Price
7920 S Manistee Ave, Unit 7920 S Manistee Ave, Unit 7920 S Manistee Ave

Total Monthly Price
1654 N Karlov Ave, Unit Garden, Unit Garden

Total Monthly Price
3353 S Emerald Ave, Unit 2nd floor Back apartment, Unit 2nd floor Back apartment

5350 W Division St, Unit 2R

7661 S Coles Ave, Unit 2B

4547 W 55th St, Unit Na

1548 N Parkside Ave, Unit 307

1550 N Parkside Ave, Unit 205

8240 S Evans Ave, Unit Apt 1

9160 S Halsted St, Unit Apt 2E
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 | $1,928 | $595 | $10,000+ |
| Chicago 1 Bedroom Apartments | $2,482 | $525 | $10,000+ |
| Chicago 2 Bedroom Apartments | $3,092 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,847 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,570 | $879 | $10,000+ |
| Chicago 5 Bedroom Apartments | $8,178 | $2,175 | $10,000+ |
| Chicago 6 Bedroom Apartments | $8,783 | $850 | $10,000+ |
Explore Chicago
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 $715.
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 $8,024.
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 5,027 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 $482 which is $7,542 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

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.

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.

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.

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.