
Cheap 2 Bedroom Apartments for Rent in the Austin Neighborhood of Chicago, IL from $1,110 (55 Rentals)


Total Monthly Price
4905 W Augusta Blvd, Unit 1, Unit 1

5901-5911 W Huron St, Unit 5903-1

5903 W Huron St, Unit 1

5900 W Ohio St

1548 N Parkside Ave, Unit 307

5350 W Division St, Unit 2R

1550 N Parkside Ave, Unit 205

646 N Long Ave

30-30 N Central Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

300 N Menard Ave

17-19 N Waller Ave

La Rose Apartments

5201 W Washington Blvd (old)

4807-11 W Thomas St

Oak Park Apartments

5500 W Van Buren St Chicago, IL 60644

301-313 N. Austin Blvd.

1530-1532 N. Austin Blvd.

Pangea Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

4815 W Monroe

701 N Lotus Ave Chicago, IL 60644

1048 N Cicero Ave

5832 W North Ave Chicago, IL 60639

1123 N Lawler Ave

634 N Lamon Ave

400-08 S Laramie Ave Chicago, IL 60644

729 N Central Chicago, IL 60644

5401-5409 LeMoyne St

735-749 N Austin Blvd
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.

654 N Pine Ave 5501-09 W Huron Chicago, IL 60644

107-113 N Laramie Ave Chicago, IL 60644

5314 W Washington Blvd Chicago, IL 60644

5932-5950 W North Ave

5036-38 W Quincy St Chicago, IL 60644

5903 W Huron St

1145 N Austin Blvd Chicago, IL 60651

4815-23 W Cortez St Chicago, IL 60651

5556-64 W Jackson Blvd Chicago, IL 60644

5732-34 W Washington 109-111 N Menard Chicago, IL 60644
Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

5302 W Ohio St

1101-1105 N Lawler Ave

1117 N Lawler Ave Chicago, IL 60651

1101 N LeClaire Ave Chicago, IL 60651

5223-5225 W Washington Blvd

5735 W Washington

4850 W North Ave

5145 W Ferdinand St

1000 Austin

948 N Austin Blvd
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!
Austin, Chicago, IL Local Guide

How much does it cost to rent an apartment in Austin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Austin Studio Apartments | $919 | $890 | $1,150 |
| Austin 1 Bedroom Apartments | $1,146 | $1,045 | $1,335 |
Austin 2 Bedroom Apartments | $2,167 | $1,110 | $10,000+ |
| Austin 3 Bedroom Apartments | $1,865 | $1,450 | $2,500 |
Explore Chicago
Austin, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleBest 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
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleA 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
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Best Local Schools in Austin, Chicago, IL
Howe Elementary School
Douglass Academy High School
McNair School of Excellence
School data provided by Great Schools
Frequently Asked Questions about Cheap Austin Apartments
What is the Cheapest Studio apartment in Austin?
Currently the most affordable Cheap Studio Apartment in Austin is at 5500 W Van Buren St Chicago, IL 60644 listed at $1,155.
How much is rent for a Cheap One Bedroom Austin Apartment?
The lowest price for a Cheap One Bedroom Austin Apartment is $1,155 at 5500 W Van Buren St Chicago, IL 60644.
What is the lowest price for a Cheap Two Bedroom Austin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Austin is starting from $1,155 at 5500 W Van Buren St Chicago, IL 60644.
What is the most affordable Austin Three Bedroom Apartment?
The best deal on a cheap Austin Three Bedroom Apartment rental is at 5500 W Van Buren St Chicago, IL 60644 and starts from $1,155.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.