
Cheap 2 Bedroom Apartments for Rent in the Southwest Chicago Neighborhood of Chicago, IL from $850 (543 Rentals)


Total Monthly Price
7852 S Colfax Ave, Unit 201

Boxelder Court

7249 S Ridgeland Ave

6610 S Rhodes Ave

6160-6212 S Martin Luther King Dr Chicago, IL 60637

Total Monthly Price
7516 S Paxton Ave, Unit Garden Unit

7131-45 S Yates Blvd Chicago, IL 60649

8100-8114 S Essex Ave Chicago, IL 60617

111 E 57th St
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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.

7609 S Coles

8201-8205 S Kingston Ave 2539-2541 E 82nd Street Chicago, IL 60617

The Talman Building

Total Monthly Price
3601 W 79th St, Unit G

1734 E 72nd St Chicago, IL 60649

9243 S Stony Island Ave

8826 S Exchange Ave

5657 S Indiana Ave

7657 S Coles Ave

6530 S Union Ave
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.

500 S Laramie

The Boulevard at OC Living

5504-12 S Wabash Ave Chicago, IL 60637

7053 S Dante Ave

7053 S Dante Ave

Park Place Apartments

2136 S Homan Ave

2114 East 69th Street, Unit Apt. 3

6917 S Paxton Ave

3116 S Kedvale Ave
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!

3662 S Paulina St

Ironwood

7700 S Cornell Ave

Total Monthly Price
8046 S Maryland Ave, Unit 2nd floor

6841 S Prairie Ave

6618 S Marquette Rd

Southland Village

3320 W 67th St

3153 S May St, Unit 1R

5428 S Kenneth Ave
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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.

Total Monthly Price
7351 S Green St, Unit 1# floor

1843 W 54th St

8220 S Coles Ave

2612 W 25th St

1119 W 72nd St

4616 W Jackson Blvd

4622 W Jackson Blvd

Total Monthly Price
8220 S Coles Ave, Unit 1R

7701 S Rhodes Ave

6902 S Michigan Ave
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.
Southwest Chicago, Chicago, IL Local Guide

How much does it cost to rent an apartment in Southwest Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southwest Chicago Studio Apartments | $1,798 | $550 | $3,970 |
| Southwest Chicago 1 Bedroom Apartments | $2,346 | $650 | $10,000+ |
Southwest Chicago 2 Bedroom Apartments | $2,606 | $850 | $10,000+ |
| Southwest Chicago 3 Bedroom Apartments | $2,710 | $1,000 | $10,000+ |
| Southwest Chicago 4 Bedroom Apartments | $2,072 | $1,040 | $10,000+ |
| Southwest Chicago 5 Bedroom Apartments | $7,893 | $2,400 | $10,000+ |
| Southwest Chicago 6 Bedroom Apartments | $16,159 | $2,475 | $10,000+ |
Explore Chicago
Southwest Chicago, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Don'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.
Pet Friendly LifestyleSouthwest Chicago, Chicago, IL
Ranked #13
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Southwest Chicago, Chicago, IL
Carson Elementary School
Gage Park High School
School data provided by Great Schools
Frequently Asked Questions about Cheap Southwest Chicago Apartments
What is a cheap apartment in Southwest Chicago?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southwest Chicago is under $785.
What is the price of a cheap apartment in Southwest Chicago?
The cheapest apartment in Southwest Chicago is 8702 S Escanaba Ave which is listed at $850, while the average apartment in Southwest Chicago costs $29,043.
What types of apartments are the cheapest in Southwest 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 464 regular apartments in Southwest 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 Southwest Chicago?
Cheap apartments in Southwest Chicago have an average cost of $590 which is $28,453 cheaper than the average rent for all rentals in Southwest 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

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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.