
Apartments for Rent in Chicago, IL Under $2,000 (3,895 Rentals) Page 2 of 78


4501-4515 N Malden St

Anderson Point

1407 on Michigan

2330-2338 N Spaulding Ave

Woodlawn Court

8248 S Maryland St

1344 N. Dearborn St.

Sixty44 Residences

North Wolcott Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Randolph Tower City Apartments

Eleven40

531 W. Deming

The Alfred

Bissell Apartments

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1919 W Winona St, Unit 2

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3308 W Palmer St, Unit 2

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125 S Leavitt St, Unit B

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1427 W Lexington St, Unit 1 st. Floor

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640 W Cornelia Ave
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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2238 N Bissell St

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125 S Leavitt St, Unit B

Eight Eleven Uptown

Reside on Surf

Wilson Court - 1901 W Wilson Ave

530 W Aldine

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529 W Surf St, Unit 410

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5833 W Peterson Ave, Unit 1

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525 W Surf

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801 S Oakley Blvd, Unit Garden
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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949 W Cornelia Ave, Unit 957-2A

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4036 N Ashland Ave, Unit E1

555 W Arlington Pl

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2907 N Mildred Ave

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631 W Barry Ave, Unit 311

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546 W Surf St, Unit 309

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634 W Barry Ave, Unit 2N

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1932 W Winona St

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3921 N Fremont St, Unit #3W

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4723 N Leavitt St

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1233 W Newport Ave, Unit Garden

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445 W Surf St, Unit 4

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527 W Surf St, Unit J03W

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2305 W Fullerton Ave, Unit 2 west

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2821 N Springfield Ave, Unit 2

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555 W Arlington Pl

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2442 W Warner Ave, Unit #1

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550 W Arlington Pl

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557 W Arlington Pl

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532 W Arlington Pl, Unit #306
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 Under $2000 | $2,026 | $595 | $4,966 |
| Chicago 1 Bedroom Apartments Under $2000 | $2,462 | $640 | $9,987 |
| Chicago 2 Bedroom Apartments Under $2000 | $3,033 | $500 | $10,000+ |
| Chicago 3 Bedroom Apartments Under $2000 | $3,673 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments Under $2000 | $3,805 | $924 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,684 | $2,695 | $10,000+ |
| Chicago 6 Bedroom Apartments | $15,879 | $6,790 | $10,000+ |
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Chicago, IL Area Reviews
Nicole • 4+ years in Chicago
April 10, 2026Big city challenges with traffic but also provides the amenities of the city you can't find elsewhere
Frequently Asked Questions about Chicago
How much are Studio apartments in Chicago?
There are currently 8,246 Studio Apartments in Chicago with rent ranges from $595 to $4,966 with an average price of $2,026.
What is the current price range for One Bedroom Chicago Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Chicago ranges from $640 to $9,987 with an average monthly rent of $2,462.
What does renting a Two Bedroom Apartment in Chicago cost?
The monthly rent prices of Two Bedroom Apartments currently available in Chicago range from $500 to $18,797. Today's average rental price for Two Bedrooms here is $3,033.
How expensive are Chicago Three Bedroom Apartments?
There are currently 4,983 Three Bedroom Apartments listings available in Chicago on ApartmentHomeLiving.com. The pricing ranges from $883 to $38,481 - averaging $3,673 for the location.
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

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.

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.

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.

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.