Cheap 2 Bedroom Apartments for Rent in Chicago, IL from $762 (904 Rentals) Page 6 of 19

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8249 S Evans
2 Bedroom Apartments

8249 S Evans

8249 S Evans AveChicago, IL 60619
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7845 S Colfax
2 Bedroom Apartments

7845 S Colfax

7845 S Colfax AveChicago, IL 60649
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7949 S St Lawrence
2 Bedroom Apartments

7949 S St Lawrence

7949 S Saint Lawrence AveChicago, IL 60619
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7655-7657 S Coles Ave
2 Bedroom Apartments

7655-7657 S Coles Ave

7655-7657 S Coles AveChicago, IL 60649
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7903 S Eberhart
2 Bedroom Apartments

7903 S Eberhart

7903 S Eberhart AveChicago, IL 60619
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7900 S Essex
2 Bedroom Apartments

7900 S Essex

7900-7910 S Essex AveChicago, IL 60617
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7808 Southshore
2 Bedroom Apartments

7808 Southshore

7808 S South Shore DrChicago, IL 60649
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915 E 83rd St
2 Bedroom Apartments

915 E 83rd St

915 E 83rd StChicago, IL 60619
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7801 S South Shore Dr
2 Bedroom Apartments

7801 S South Shore Dr

7801 S South Shore DrChicago, IL 60649
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17-19 N Waller Ave
2 Bedroom Apartments

17-19 N Waller Ave

17-19 N Waller AveChicago, IL 60644
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7800 S Essex
2 Bedroom Apartments

7800 S Essex

7800 S Essex AveChicago, IL 60649
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7801 S Essex
2 Bedroom Apartments

7801 S Essex

7801 S Essex AveChicago, IL 60649
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3200 W Fulton Blvd
2 Bedroom Apartments

3200 W Fulton Blvd

3200 W Fulton BlvdChicago, IL 60624
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Columbus Tower
2 Bedroom Apartments

Columbus Tower

7855 S Kedzie AveChicago, IL 60652
Senior Living
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6650 S Drexel
2 Bedroom Apartments

6650 S Drexel

6650-6658 S Drexel AveChicago, IL 60637
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3000 W Marquette Rd
2 Bedroom Apartments

3000 W Marquette Rd

3000-3030 W Marquette RdChicago, IL 60629
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7241 S Phillips
2 Bedroom Apartments

7241 S Phillips

7241 S Phillips AveChicago, IL 60649
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7700 S Kingston
2 Bedroom Apartments

7700 S Kingston

7700 S Kingston AveChicago, IL 60649
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7800 S Kingston
2 Bedroom Apartments

7800 S Kingston

7800 S Kingston AveChicago, IL 60649
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1615 W 77th
2 Bedroom Apartments

1615 W 77th

1615 W 77th StChicago, IL 60620
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Baric Commons
2 Bedroom Apartments

Baric Commons

232 E 121st PlzChicago, IL 60628
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Gray Apartments
2 Bedroom Apartments

Gray Apartments

6947 S Peoria StChicago, IL 60621
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6756 S Chappel
2 Bedroom Apartments

6756 S Chappel

6756 S Chappel AveChicago, IL 60649
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7801 S Kingston
2 Bedroom Apartments

7801 S Kingston

7801 S Kingston AveChicago, IL 60649
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7949 S Ellis
2 Bedroom Apartments

7949 S Ellis

7949-7955 S Ellis AveChicago, IL 60619
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Cottage View Terrace
2 Bedroom Apartments

Cottage View Terrace

4801-4859 S Cottage Grove AveChicago, IL 60615
Senior Living
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7834 S Coles
2 Bedroom Apartments

7834 S Coles

7834 S Coles AveChicago, IL 60649
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8100 S Marshfield
2 Bedroom Apartments

8100 S Marshfield

8100 S Marshfield AveChicago, IL 60620
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7756 S Marshfield
2 Bedroom Apartments

7756 S Marshfield

7756 S Marshfield AveChicago, IL 60620
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7316 S Jeffery
2 Bedroom Apartments

7316 S Jeffery

7316 S Jeffery BlvdChicago, IL 60649
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Madison Terrace
2 Bedroom Apartments

Madison Terrace

3120-3151 W Madison StChicago, IL 60612
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3700 W. Cornelia
2 Bedroom Apartments

3700 W. Cornelia

3700 W CorneliaChicago, IL 60618
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5935 N Northwest Hwy
2 Bedroom Apartments

5935 N Northwest Hwy

5935 N Northwest HwyChicago, IL 60631
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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 $724.

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 $6,710.

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 3,184 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 $465 which is $6,245 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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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.

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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.

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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.

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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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.