Cheap 2 Bedroom Apartments for Rent in Chicago, IL from $762 (904 Rentals) Page 7 of 19

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La Rose Apartments
2 Bedroom Apartments

La Rose Apartments

5501 W Monroe StChicago, IL 60644
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8640 S Ingleside
2 Bedroom Apartments

8640 S Ingleside

8640 S Ingleside AveChicago, IL 60619
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6933 S Indiana
2 Bedroom Apartments

6933 S Indiana

6933 S Indiana AveChicago, IL 60637
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7927 S Ellis Ave
2 Bedroom Apartments

7927 S Ellis Ave

7927 S Ellis AveChicago, IL 60619
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7916 S Drexel
2 Bedroom Apartments

7916 S Drexel

7916-7920 S Drexel AveChicago, IL 60619
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8127 S Ellis
2 Bedroom Apartments

8127 S Ellis

8127 S Ellis AveChicago, IL 60619
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8148 S Ingleside
2 Bedroom Apartments

8148 S Ingleside

8148-8156 S Ingleside AveChicago, IL 60619
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7917 S Drexel
2 Bedroom Apartments

7917 S Drexel

7917-7927 S Drexel AveChicago, IL 60619
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7643 S Stewart
2 Bedroom Apartments

7643 S Stewart

7643-7657 S Stewart AveChicago, IL 60620
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7956 S Burnham
2 Bedroom Apartments

7956 S Burnham

7956 S Burnham AveChicago, IL 60617
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Ingleside Building
2 Bedroom Apartments

Ingleside Building

8101-8125 S Ingleside AveChicago, IL 60619
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935-941 E 81st St
2 Bedroom Apartments

935-941 E 81st St

935-941 E 81st StChicago, IL 60619
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7120 S Wabash
2 Bedroom Apartments

7120 S Wabash

7120-7132 S Wabash AveChicago, IL 60619
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7612 S Kingston
2 Bedroom Apartments

7612 S Kingston

7612 S Kingston AveChicago, IL 60649
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1742 E 72nd
2 Bedroom Apartments

1742 E 72nd

1742 E 72nd StChicago, IL 60649
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7801 S Yates
2 Bedroom Apartments

7801 S Yates

7801 S Yates BlvdChicago, IL 60649
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7612 S Kingston
2 Bedroom Apartments

7612 S Kingston

7610 S Jeffery BlvdChicago, IL 60649
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7934 S Wabash
2 Bedroom Apartments

7934 S Wabash

7934-7942 S Wabash AveChicago, IL 60619
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7056 S Eberhart Ave
2 Bedroom Apartments

7056 S Eberhart Ave

7056 S Eberhart AveChicago, IL 60637
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1735 W 79th
2 Bedroom Apartments

1735 W 79th

1735-1739 W 79th StChicago, IL 60620
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7822 s laflin
2 Bedroom Apartments

7822 s laflin

7822-7828 S Laflin StChicago, IL 60620
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7655 S Sangamon
2 Bedroom Apartments

7655 S Sangamon

7655-7659 S Sangamon StChicago, IL 60620
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8052 S Laflin St
2 Bedroom Apartments

8052 S Laflin St

8052 S Laflin StChicago, IL 60620
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The Talman Building
2 Bedroom Apartments

The Talman Building

2615-2621 W 61st StChicago, IL 60629
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The Damen Jarvis
2 Bedroom Apartments

The Damen Jarvis

7320-7330 N Damen AveChicago, IL 60645
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Clyde St Commons
2 Bedroom Apartments

Clyde St Commons

6964 S Clyde AveChicago, IL 60649
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7700 S Carpenter
2 Bedroom Apartments

7700 S Carpenter

7700 S Carpenter StChicago, IL 60620
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8352 S Ellis Ave
2 Bedroom Apartments

8352 S Ellis Ave

8352 S Ellis AveChicago, IL 60619
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7955 S Calumet
2 Bedroom Apartments

7955 S Calumet

7959 S Calumet AveChicago, IL 60619
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8200 S Clyde Ave
2 Bedroom Apartments

8200 S Clyde Ave

8200 S Clyde AveChicago, IL 60617
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Oak Park Apartments
2 Bedroom Apartments

Oak Park Apartments

5959 W West End AveChicago, IL 60644
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7800 S Ashland
2 Bedroom Apartments

7800 S Ashland

7800 S Ashland AveChicago, IL 60620
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7229 S Yates Blvd
2 Bedroom Apartments

7229 S Yates Blvd

7229 S Yates BlvdChicago, IL 60649
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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.