New Apartments for Rent in Chicago, IL Under $2,000 (111 Rentals)

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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1935 S Canalport Ave
Built in 20193 Bedroom Apartments

1935 S Canalport Ave

1935 S Canalport AveChicago, IL 60616
  • Utilities Included
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6733 S Merrill Ave
Built in 20223 Bedroom Apartments

6733 S Merrill Ave

6733 S Merrill AveChicago, IL 60649
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713 Milwaukee
Built in 20181 to 3 Bedroom Apartments

713 Milwaukee

713 N Milwaukee AveChicago, IL 60642
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Paper Box Lofts
Built in 2024Studio to 3 Bedroom Apartments

Paper Box Lofts

153 W Ohio StChicago, IL 60654
  • Utilities Included
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Centrum Wicker Park
Built in 2016Studio to 3 Bedroom Apartments

Centrum Wicker Park

1664 W Division StChicago, IL 60622

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Centrum Old Irving
Built in 20171 to 3 Bedroom Apartments

Centrum Old Irving

3941 N Keeler AveChicago, IL 60641
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Damen Apartments
Built in 20201 to 3 Bedroom Apartments

Damen Apartments

4646 N Damen AveChicago, IL 60625
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Paulina Flats
Built in 20241 to 3 Bedroom Apartments

Paulina Flats

3419 N Paulina StChicago, IL 60657
  • Utilities Included
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Belfield
Built in 20252 to 3 Bedroom Apartments

Belfield

3914 N Lincoln AveChicago, IL 60613
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4015 N Narragansett Ave
Built in 20172 Bedroom Apartments

4015 N Narragansett Ave

4015 N Narragansett AveChicago, IL 60634
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Catalpa 2507 W
Built in 20171 to 2 Bedroom Apartments

Catalpa 2507 W

2507 W Catalpa AveChicago, IL 60625
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2942 W North
Built in 20211 to 2 Bedroom Apartments

2942 W North

2942 W North AveChicago, IL 60647
  • Utilities Included
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Trailhead
Built in 2020Studio to 2 Bedroom Apartments

Trailhead

1744 N Western AveChicago, IL 60647
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THREE Old Town Park
Built in 2021Studio to 4 Bedroom Apartments

THREE Old Town Park

228 W Hill StChicago, IL 60610
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Warren Apartments
Built in 2020Studio to 1 Bedroom Apartments

Warren Apartments

1533 W Warren AveChicago, IL 60607

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

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Chicago, IL Local Guide

Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Chicago, IL Rentals by Map

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See the most popular apartments and homes in Chicago, IL

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Chicago, IL Area Reviews

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Nicole • 4+ 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 New Chicago Apartments

What is the Cheapest New apartment in Chicago?

Currently the most affordable New Apartment in Chicago is at Stephen's Commons- Senior Living-Age 62+ listed at $595.

How much is the average rent for a New Chicago Apartment?

The average rent for a New Apartment in Chicago is $4,105.

What is the largest New Chicago Apartment for rent?

Today's New apartment with the most square footage in Chicago is a 4,425 square feet unit starting from $2,258 at 369 Grand by Onni.

What is the average size for Chicago New Apartments for rent?

The average size for a New rental in Chicago is currently at 637 sq ft.

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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.