Cheap 2 Bedroom Apartments for Rent in the Southwest Chicago Neighborhood of Chicago, IL from $500 (551 Rentals) Page 2 of 12

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property at 73 E 69th St

$1,250

2 Bedroom Rentals

Available Now

73 E 69th St

ChicagoIL60637

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

Southwest Chicago - One of the Best Affordable Neighborhoods in Chicago

Named as one of the Best Affordable Neighborhoods to rent in Chicago by our Chicago, IL Local Expert Nicole Harms. See how it ranks!

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8120 S Ellis Ave, Unit 2
$1,325
Total Monthly Price

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325
2 Bedroom Apartment Available Aug 1

8120 S Ellis Ave, Unit 2

8120 S Ellis AveChicago, IL 60619
Cost Per Sq.Ft.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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4616 S Spaulding Ave, Unit #2
$1,350
Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350
2 Bedroom Apartment Available Now

4616 S Spaulding Ave, Unit #2

4616 S Spaulding AveChicago, IL 60632
Affordability
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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.

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.

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 $770.

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 $26,716.

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 180 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 $535 which is $26,181 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.

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