
Cheap 2 Bedroom Apartments for Rent in the Southwest Chicago Neighborhood of Chicago, IL from $500 (551 Rentals) Page 3 of 12


1545 E 85th St

1617 E 77th St, Unit 1

Total Monthly Price
8428 S Escanaba Ave, Unit 1

6154 S Rockwell St

2300 S Ridgeway Ave, Unit 1S

6525 S Evans Ave, Unit 1

9424 S Laflin St

2345 S Whipple St

8218 S Green St, Unit 1st FL
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.

Total Monthly Price
368 E 59th St, Unit #3

Total Monthly Price
916 W 68th St, Unit 1W

916 W 68th St

7125 S Ellis Ave

8146 S Maryland Ave

1911 S Ridgeway Ave

Lake Grove Village

KLEO Art Residences

2702 S Spaulding Ave

6220 W 65th St, 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.

2455 S Washtenaw Ave., Unit 2

Total Monthly Price
4023 S Francisco Ave, Unit 1

6124 S Whipple St

2356 S Lawndale Ave

8012 S Sangamon St

Total Monthly Price
1748 E 84th Pl, Unit 2nd floor

8235 S Indiana Ave

Total Monthly Price
4318 W Monroe St, Unit 1st floor

Total Monthly Price
4450 S Homan Ave, Unit 1

1555 S Millard 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.

4658 S Troy St

Shorewind Apartments

5835 W 63rd St

Total Monthly Price
1838 S May St, Unit Apt 2F

2300 S Ridgeway Ave, Unit 2300 South Ridgeway Ave

6657 S Minerva Ave, Unit 6657-1N

Total Monthly Price
3656 S Wood St, Unit The Woods

Total Monthly Price
2969 S Archer Ave, Unit 2F

1904 E 79th St

6946 W 65th St
The Art of the Rental Viewing: What to look for during a property tour
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.

Lake Meadows Apartments

6223 S Kenwood Ave

3532 W Van Buren St

6657 S Minerva Ave, Unit 1142-1W

Total Monthly Price
5443 W 64th St, Unit 1st Floor

2238 W 21st St, Unit 2Front

4918 S Vincennes Ave, Unit 4918 South Vincennes Ave

1633 W 76th St

8835 S Commercial Ave, Unit 1

8202 S Muskegon 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 | $1,844 | $600 | $4,964 |
| Southwest Chicago 1 Bedroom Apartments | $2,213 | $700 | $9,737 |
Southwest Chicago 2 Bedroom Apartments | $2,553 | $500 | $10,000+ |
| Southwest Chicago 3 Bedroom Apartments | $2,734 | $989 | $10,000+ |
| Southwest Chicago 4 Bedroom Apartments | $2,468 | $924 | $10,000+ |
| Southwest Chicago 5 Bedroom Apartments | $3,509 | $2,695 | $4,000 |
| Southwest Chicago 6 Bedroom Apartments | $15,993 | $10,000 | $10,000+ |
Explore Chicago
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.
Helpful Local Expert Guides

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Written by: Nicole Harms
I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Written by: Nicole Harms
Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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.

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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.