
Cheap 2 Bedroom Apartments for Rent in the Southwest Chicago Neighborhood of Chicago, IL from $850 (548 Rentals)


3413 S Wallace St, Unit BASM

8259 S Loomis Blvd

1155 W 83rd St

6248 S Western Ave

Boxelder Court

7131 S Yates

2408 W 63rd St

4851 S Ashland Ave, Unit 3R

6610 S Rhodes 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.

Total Monthly Price
6610 S Rhodes Ave, Unit G

111 E 57th St

7609 S Coles

7016 S Sangamon St

8100 S Essex Ave

8100 S Drexel Ave Chicago, IL 60619

9243 S Stony Island Ave

3116 S Kedvale Ave

5657 S Indiana Ave

Total Monthly Price
7935 S Dante Ave, Unit #1
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

Total Monthly Price
2914 S Quinn St, Unit 2nd floor

The Boulevard at OC Living

500 S Laramie

5504 S Wabash

7617 S Kingston Ave

7615 S Kingston Ave

Total Monthly Price
4829 S Tripp Ave, Unit 1R

2752 S Kedvale Ave, Unit 2R

Prairie Park Apartments

625 E Marquette Rd
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.

3755 S Winchester Ave, Unit Garden Unit

3662 S Paulina St, Unit 1F

Ironwood

6841 S Prairie Ave

7501-7509 S Stewart Ave

Southland Village

Park Place Apartments

Total Monthly Price
3149 W 42nd Pl, Unit 1st floor

2021 W 47th St

7848 S Burnham Ave, Unit 2N
Cash 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.

Total Monthly Price
7944 S Lafayette Ave

Park Apartments

2602 W 47th St

5451 S Justine St

1843 W 54th St

6612 S Albany Ave

7908 S Langley Ave, Unit 201

9330 S Yates Blvd

7147 S Princeton Ave

8602 S Muskegon 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.
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 | $1,751 | $600 | $9,940 |
| Southwest Chicago 1 Bedroom Apartments | $2,366 | $650 | $10,000+ |
Southwest Chicago 2 Bedroom Apartments | $2,631 | $850 | $10,000+ |
| Southwest Chicago 3 Bedroom Apartments | $2,674 | $999 | $10,000+ |
| Southwest Chicago 4 Bedroom Apartments | $2,234 | $970 | $10,000+ |
| Southwest Chicago 5 Bedroom Apartments | $5,964 | $2,600 | $10,000+ |
| Southwest Chicago 6 Bedroom Apartments | $7,524 | $4,150 | $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 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 ArticleReal 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.
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
Talman Elementary School
Gage Park High School
School data provided by Great Schools
Frequently Asked Questions about Cheap Southwest Chicago Apartments
What is the Cheapest Studio apartment in Southwest Chicago?
Currently the most affordable Cheap Studio Apartment in Southwest Chicago is at 8702 S Escanaba Ave listed at $850.
How much is rent for a Cheap One Bedroom Southwest Chicago Apartment?
The lowest price for a Cheap One Bedroom Southwest Chicago Apartment is $850 at 8702 S Escanaba Ave.
What is the lowest price for a Cheap Two Bedroom Southwest Chicago Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Southwest Chicago is starting from $850 at 8702 S Escanaba Ave.
What is the most affordable Southwest Chicago Three Bedroom Apartment?
The best deal on a cheap Southwest Chicago Three Bedroom Apartment rental is at 8702 S Escanaba Ave and starts from $850.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.