
Cheap 2 Bedroom Apartments for Rent in Chicago, IL from $762 (907 Rentals) Page 5 of 19


11434 S Indiana Ave, Unit 1

2317 E 70th St, Unit 27-3

7652 S Eggleston Ave, Unit 1

2918 S Haynes Ct, Unit 1F

4616 S Rockwell St

Lake Meadows Apartments

Total Monthly Price
3217 N Linder Ave, Unit 1N, Unit 1N

5748 Blackstone By 3L Living

509 E 44th St

Total Monthly Price
6055 S Massasoit Ave, Unit 2, Unit 2

10625 S Calumet Ave

2812 S Pulaski Rd

3436 S Western Ave

1731 N Central Ave, Unit 1, Unit 1

6055 S Massasoit Ave, Unit # 2

8328 S Ingleside Ave, Unit 3

3235 N Lockwood Ave, Unit 1

2223 S Hamlin Ave, Unit Garden

8617 S Ashland Ave, Unit 2D

The Flamingo Apartments

2700 N Laramie Ave

4056 W Hirsch St

5849 W Midway Park, Unit 3rd floor

8009 S Phillips Ave, Unit 2

Prairie Shores

4810 W Armitage Ave

Total Monthly Price
2600 W Morse Ave, Unit Garden, Unit Garden

4145 S Michigan Ave

1245 West Chase

941 E Marquette Rd

632 N Central Park Ave

4330 S Martin Luther King Dr

1811 S Komensky Ave

6900 S South Shore Drive

1711 S Morgan St

2600 N Austin Ave

5821 W Montrose Ave

411 N Hamlin Ave

Total Monthly Price
1415 N Massasoit Ave, Unit MASSASOIT, Unit MASSASOIT

3114 N Kilpatrick Ave

Total Monthly Price
4814 N Kedvale Ave, Unit G, Unit G

3713 W Shakespeare Ave, Unit Lower level, Unit Lower level

Total Monthly Price
2309 S Leavitt St, Unit 1st floor, Unit 1st floor

5821 W Montrose Ave, Unit 2R

6341 S Elizabeth St

West Haven Park II - B

9126 S Buffalo Ave

Westhaven Park II - A

11133 S Vernon Ave
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.