Cheap 2 Bedroom Apartments for Rent in Chicago, IL from $950 (845 Rentals)Page 5 of 17

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Chicago is under $770.

The cheapest apartment in Chicago is 7612 S Kingston which is listed at $930, while the average apartment in Chicago costs $3,274.

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 2,441 regular apartments in Chicago that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Cheap apartments in Chicago have an average cost of $409 which is $2,865 cheaper than the average rent for all rentals in Chicago.