Cheap 2 Bedroom Apartments for Rent in Chicago, IL from $762 (904 Rentals) Page 8 of 19

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7440 S Phillips
2 Bedroom Apartments

7440 S Phillips

7440 S Phillips AveChicago, IL 60649
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7939 S Dobson
2 Bedroom Apartments

7939 S Dobson

7939 S Dobson AveChicago, IL 60619
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7944 S Paulina
2 Bedroom Apartments

7944 S Paulina

7944 S Paulina StChicago, IL 60620
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Ridge Apartments
2 Bedroom Apartments

Ridge Apartments

6414-6424 N Ridge BlvdChicago, IL 60626
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1456 W Birchwood
2 Bedroom Apartments

1456 W Birchwood

1456 W BirchwoodChicago, IL 60626
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1616 W 80th St
2 Bedroom Apartments

1616 W 80th St

1616 W 80th StChicago, IL 60620
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7549 S Yates
2 Bedroom Apartments

7549 S Yates

7549 S Yates BlvdChicago, IL 60649
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7110 S Ridgeland
2 Bedroom Apartments

7110 S Ridgeland

7110-7120 S Ridgeland AveChicago, IL 60649
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8231 S Ellis
2 Bedroom Apartments

8231 S Ellis

8231-37 S EllisChicago, IL 60619
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6100 S Artesian
2 Bedroom Apartments

6100 S Artesian

6100-6104 S Artesian AveChicago, IL 60629
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7954 S Justine
2 Bedroom Apartments

7954 S Justine

7954-7956 S Justine StChicago, IL 60620
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7701 S May St
2 Bedroom Apartments

7701 S May St

7701-7703 S May StChicago, IL 60620
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Lawndale Apartments
2 Bedroom Apartments

Lawndale Apartments

3206 W Douglas BlvdChicago, IL 60623
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7409 S Yates
2 Bedroom Apartments

7409 S Yates

7409 S Yates BlvdChicago, IL 60649
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705 S Lawndale
2 Bedroom Apartments

705 S Lawndale

705 S Lawndale AveChicago, IL 60624
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7654 S Marshfield
2 Bedroom Apartments

7654 S Marshfield

7654 S Marshfield AveChicago, IL 60620
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8000 S Ellis Ave
2 Bedroom Apartments

8000 S Ellis Ave

8000 S Ellis AveChicago, IL 60619
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1257 S Christiana
2 Bedroom Apartments

1257 S Christiana

1257 S Christiana AveChicago, IL 60623
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1530-1542 N Kedzie Ave
2 Bedroom Apartments

1530-1542 N Kedzie Ave

1530-1542 N Kedzie AveChicago, IL 60651
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7109 S Ridgeland
2 Bedroom Apartments

7109 S Ridgeland

7109-7115 S Ridgeland AveChicago, IL 60649
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7340 N Damen Ave
2 Bedroom Apartments

7340 N Damen Ave

7340 N Damen AveChicago, IL 60645
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6301 N Winthrop Ave
2 Bedroom Apartments

6301 N Winthrop Ave

6301 N Winthrop AveChicago, IL 60660
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7845-7859 S Avalon Ave
2 Bedroom Apartments

7845-7859 S Avalon Ave

7845-7859 S Avalon AveChicago, IL 60619
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Chicago Residence
2 Bedroom Apartments

Chicago Residence

1739 E 78th StChicago, IL 60649
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219 E 68th St
2 Bedroom Apartments

219 E 68th St

219 E 68th StChicago, IL 60637
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4720-4730 W Addison St
2 Bedroom Apartments

4720-4730 W Addison St

4720-4730 W Addison StChicago, IL 60641
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Rosenwald Courts
2 Bedroom Apartments

Rosenwald Courts

4600-4602 S Michigan AveChicago, IL 60653
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7800 S Bishop St
2 Bedroom Apartments

7800 S Bishop St

7800 S Bishop StChicago, IL 60620
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7653 S Loomis
2 Bedroom Apartments

7653 S Loomis

7651-7653 S Loomis BlvdChicago, IL 60620
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7120 S East End
2 Bedroom Apartments

7120 S East End

7120-7128 S East End AveChicago, IL 60649
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6200 S Rockwell
2 Bedroom Apartments

6200 S Rockwell

6200 S Rockwell StChicago, IL 60629
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7800 S Morgan
2 Bedroom Apartments

7800 S Morgan

7800 S Morgan StChicago, IL 60620
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8201 S Drexel
2 Bedroom Apartments

8201 S Drexel

8200-8204 S Drexel AveChicago, IL 60619
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1514 W 77th
2 Bedroom Apartments

1514 W 77th

1514-1520 W 77th StChicago, IL 60620
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6022 S Indiana Ave
2 Bedroom Apartments

6022 S Indiana Ave

6022 S Indiana AveChicago, IL 60637
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5100 W Madison
2 Bedroom Apartments

5100 W Madison

5100-5104 W Madison StChicago, IL 60644
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7948 S Hermitage
2 Bedroom Apartments

7948 S Hermitage

7948 S Hermitage AveChicago, IL 60620
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8141 S Kingston
2 Bedroom Apartments

8141 S Kingston

8141 S Kingston AveChicago, IL 60617
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6125 S Wabash
2 Bedroom Apartments

6125 S Wabash

6125-6129 S Wabash AveChicago, IL 60637

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.