
Cheap 2 Bedroom Apartments for Rent in Chicago, IL from $650 (937 Rentals) Page 8 of 19


7927 S Ellis

8127 S Ellis Ave Chicago, IL 60619

Ingleside Building

7120-32 S Wabash Chicago, IL 60619

1742-56 E 72nd St Chicago, IL 60649

7917-27 S Drexel Ave Chicago, IL 60619

935-941 E 81st St

7654 S Marshfield Ave

7612 S Kingston

7939 S Dobson Ave Chicago, IL 60619

7801-11 S Yates Blvd Chicago, IL 60649

8440-42 S Drexel Ave

7934-42 S Wabash Chicago, IL 60619

7612 S Kingston Chicago, IL 60649

1735 W 79th St 7906-10 S Hermitage Chicago, IL 60620

7056 S Eberhart Ave

7822 s laflin

Hilliard Towers Family II

7930-46 S Ingleside Ave Chicago, IL 60619

5201 W Washington Blvd (old)

7701 S Yates Blvd Chicago, IL 60649

9101-9109 S Beverly Ave

5850-5858 S Martin Luther King Dr

7400-7410 S Chappel Ave

8052 S Laflin St

4807 W Thomas

Clyde St Commons

The Damen Jarvis

8201-8205 S Kingston Ave 2539-2541 E 82nd Street Chicago, IL 60617

Martin Luther King JR PLZ (S-8 Affordable)

8901 S Cottage Grove Ave Chicago, IL 60619

8159 S Drexel Ave

Renaissance Apartments

8001-03 S Carpenter 1017-1021 W 80th Chicago, IL 60620

11111 S Vernon Chicago, IL 60628

7001 S Chappel Ave

7825 S Emerald Ave Chicago, IL 60620

7700 S Carpenter St

7800 S Ashland Ave 1607-09 W 78th Chicago, IL 60620

Oak Park Apartments

8200 S Clyde Ave Chicago, IL 60617

7655 S Sangamon 914-20 W 77th Chicago, IL 60620

Ridge Apartments

1456 W Birchwood

6224 S Dr Martin Luther King Jr Dr Chicago, IL 60637

7801 S Cornell Ave 1637-39 E 78th Chicago, IL 60649

1616-22 W 80th Chicago, IL 60620

7549-59 S Yates Blvd 2406-10 E 76th Chicago, IL 60649

7110-18 S Ridgeland Ave Chicago, IL 60649
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.