
Cheap 2 Bedroom Apartments for Rent in Chicago, IL from $650 (939 Rentals) Page 7 of 19


7808 Southshore

1860 S Komensky Ave Chicago, IL 60623

Chatham Park Village-Cooperative (Membership)

7741 S Normal Ave

7674 S Shore Drive

17-19 N Waller Ave

6155-6159 S California Ave

7800-06 S Essex 2451-55 E 78th Chicago, IL 60649

7801-13 S Essex 2509-11 E 78th Chicago, IL 60649

8100-04 S Marshfield

Mayfair Commons - Senior Community

Columbus Tower

6650 S Drexel

3000 W Marquette Rd

3200 W Fulton Blvd

7700 S Kingston Ave Chicago, IL 60649

7800-10 S Kingston 2515-19 E 78th Chicago, IL 60649

7053 S St Lawrence Ave

Hilliard Towers Family One

1615-21 W 77th St Chicago, IL 60620

7316 S Jeffery Blvd

7055 S St Lawrence Ave Chicago, IL 60637

Baric Commons

Shorewind Court Apartments

8253-59 S Ingleside Ave Chicago, IL 60619

11250-56 S Indiana Ave

Gray Apartments

6756 S Chappel

8152 S Evans 714-20 E 82nd Chicago, IL 60619

10425-29 S Vernon

6700 S Indiana Chicago, IL 60637

7706 S Saginaw Ave

Atrium West Apartments

7801-11 S Kingston 2541-45 E 78th Chicago, IL 60649

212 E 69th Place Chicago, IL 60637

Cottage View Terrace

7834 S Coles Chicago, IL 60649

7316 S Jeffery Blvd Chicago, IL 60649

7701 S Eggelston St

8148-56 S Ingleside 914-918 E 82nd St Chicago, IL 60619

4013-4015 S Calumet Ave

3700 W. Cornelia

Madison Terrace

3401-3411 N Pulaski Ave

5935 N Northwest Hwy

La Rose Apartments

7955 S Bishop 1414-18 W 80th Chicago, IL 60620

7440 S Phillips Ave Chicago, IL 60649

11932 S Stewart 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 | $1,907 | $550 | $6,511 |
| Chicago 1 Bedroom Apartments | $2,419 | $650 | $10,000+ |
| Chicago 2 Bedroom Apartments | $2,986 | $650 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,722 | $755 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,315 | $1,040 | $10,000+ |
| Chicago 5 Bedroom Apartments | $9,615 | $2,400 | $10,000+ |
| Chicago 6 Bedroom Apartments | $13,494 | $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 $700.
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 $7,326.
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 5,565 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 $510 which is $6,816 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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.