Cheap 2 Bedroom Apartments for Rent in the Gresham Neighborhood of Chicago, IL from $1,100 (1 Rental)
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Gresham, Chicago, IL Local Guide

How much does it cost to rent an apartment in Gresham?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Gresham Studio Apartments | $838 | $575 | $1,050 |
Gresham 1 Bedroom Apartments | $1,325 | $750 | $2,799 |
Gresham 2 Bedroom Apartments | $1,551 | $1,100 | $4,459 |
Gresham 3 Bedroom Apartments | $1,668 | $1,375 | $1,950 |
Gresham 4 Bedroom Apartments | $1,668 | $1,450 | $1,750 |
Explore Chicago
Getting Around the Gresham Neighborhood in Chicago, IL
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
62 / 100
Bikeable
Some bike infrastructure
Transit Score®
61 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Gresham Apartments
What is a cheap apartment in Gresham?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Gresham is under $1,080.
What is the price of a cheap apartment in Gresham?
The cheapest apartment in Gresham is 7754 S Loomis which is listed at $1,080, while the average apartment in Gresham costs $2,125.
What types of apartments are the cheapest in Gresham?
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 7 regular apartments in Gresham 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 Gresham?
Cheap apartments in Gresham have an average cost of $227 which is $1,898 cheaper than the average rent for all rentals in Gresham.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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