Cheap 2 Bedroom Apartments for Rent in Chicago, IL from $762 (904 Rentals) Page 9 of 19

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7155 S Green
2 Bedroom Apartments

7155 S Green

7155 S Green StChicago, IL 60621
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6921 S Cornell
2 Bedroom Apartments

6921 S Cornell

6921 S Cornell AveChicago, IL 60649
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7057 S Princeton
2 Bedroom Apartments

7057 S Princeton

7057 S Princeton AveChicago, IL 60621
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8057 S Laflin St
2 Bedroom Apartments

8057 S Laflin St

8057 S Laflin StChicago, IL 60620
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7751 S Loomis
2 Bedroom Apartments

7751 S Loomis

7751 S Loomis BlvdChicago, IL 60620
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8014 S Maryland
2 Bedroom Apartments

8014 S Maryland

8014 S Maryland AveChicago, IL 60619
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1448 W 83rd
2 Bedroom Apartments

1448 W 83rd

1436 W 83rd StChicago, IL 60620
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7657 S Morgan
2 Bedroom Apartments

7657 S Morgan

7657-7659 S Morgan StChicago, IL 60620
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8056 S Drexel
2 Bedroom Apartments

8056 S Drexel

8056 S Drexel AveChicago, IL 60619
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1717 W 77th
2 Bedroom Apartments

1717 W 77th

1717 W 77th StChicago, IL 60620
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1748 E 71st Pl
2 Bedroom Apartments

1748 E 71st Pl

1748-1766 E 71st PlChicago, IL 60649
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6923 S Indiana
2 Bedroom Apartments

6923 S Indiana

6923-6925 S Indiana AveChicago, IL 60637
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3600 W Franklin
2 Bedroom Apartments

3600 W Franklin

3600 W Franklin BlvdChicago, IL 60624
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6101-6115 N Hoyne Ave
2 Bedroom Apartments

6101-6115 N Hoyne Ave

6101-6115 N Hoyne AveChicago, IL 60659
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Shore View Apartments
2 Bedroom Apartments

Shore View Apartments

7636 S South Shore DrChicago, IL 60649
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4815 N Springfield
2 Bedroom Apartments

4815 N Springfield

4815 N SpringfieldChicago, IL 60625
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6439-45 N Richmond St
2 Bedroom Apartments

6439-45 N Richmond St

6439-45 N Richmond StChicago, IL 60645
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7754 S Loomis
2 Bedroom Apartments

7754 S Loomis

7754 S Loomis BlvdChicago, IL 60620
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2826 E 76th
2 Bedroom Apartments

2826 E 76th

2826 E 76th PlChicago, IL 60649
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5500 W Van Buren
2 Bedroom Apartments

5500 W Van Buren

5500 W Van Buren StChicago, IL 60644
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7800 S Michigan
2 Bedroom Apartments

7800 S Michigan

7800-7804 S Michigan AveChicago, IL 60619
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7055 S St Lawrence
2 Bedroom Apartments

7055 S St Lawrence

7055 S Saint Lawrence AveChicago, IL 60619
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7752 S Cornell
2 Bedroom Apartments

7752 S Cornell

7752 S Cornell AveChicago, IL 60649
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400 S Kilbourn Ave
2 Bedroom Apartments

400 S Kilbourn Ave

400 S Kilbourn AveChicago, IL 60624
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8241 S Ellis
2 Bedroom Apartments

8241 S Ellis

8241-8249 S Ellis AveChicago, IL 60619
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Cermak-MASTER
2 Bedroom Apartments

Cermak-MASTER

3635-3645 W Cermak RdChicago, IL 60623
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Karlov Gardens
2 Bedroom Apartments

Karlov Gardens

1830 S Karlov AveChicago, IL 60623
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2817 E 77th St
2 Bedroom Apartments

2817 E 77th St

2817 E 77th StChicago, IL 60649
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7956 S Aberdeen St
2 Bedroom Apartments

7956 S Aberdeen St

7956 S Aberdeen StChicago, IL 60620
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10901 S Vernon
2 Bedroom Apartments

10901 S Vernon

10901 S Vernon AveChicago, IL 60628
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701 N Lotus Ave
2 Bedroom Apartments

701 N Lotus Ave

701 N Lotus AveChicago, IL 60644
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4815 W Monroe St
2 Bedroom Apartments

4815 W Monroe St

4815 W Monroe StChicago, IL 60644
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5100 W Monroe
2 Bedroom Apartments

5100 W Monroe

5100-5104 W Monroe StChicago, IL 60644
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7531 N Hoyne Ave
2 Bedroom Apartments

7531 N Hoyne Ave

7531 N Hoyne AveChicago, IL 60645
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6800 S Dorchester Ave
2 Bedroom Apartments

6800 S Dorchester Ave

6800 S Dorchester AveChicago, IL 60637
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4351 S Honore St
2 Bedroom Apartments

4351 S Honore St

4351 S Honore StChicago, IL 60609

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.