
Cheap 2 Bedroom Apartments for Rent in Bannockburn, IL from $1,582 (23 Rentals)


933-951 Waukegan Rd, Unit 2 Bedroom

Hunt Club Apartments

1141 Waukegan Rd, Unit Two Bedroom copy

1141 Waukegan Rd

Mandalane

Northgate Crossing of Wheeling
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.

Arrive North Shore

The Green At Chevy Chase Apartments

Arlington Club Apartments

318 Walker Ave

One Wheeling Town Center

Woodview Apartments

The Wheatlands Apartments
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.

1506 Glencoe Ave

Foxboro Apartments

958 W Inverrary Ln

550 Vine Ave

1121 Waukegan Rd

Windbrooke Crossing

1250 Park Ave W
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.

1978 Green Bay Rd

146 W Inverrary Ln
Bannockburn, IL Local Guide

How much does it cost to rent an apartment in Bannockburn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bannockburn Studio Apartments | $2,007 | $961 | $6,927 |
| Bannockburn 1 Bedroom Apartments | $2,386 | $1,350 | $6,647 |
| Bannockburn 2 Bedroom Apartments | $3,125 | $1,582 | $10,000+ |
| Bannockburn 3 Bedroom Apartments | $4,435 | $2,700 | $10,000+ |
Explore Bannockburn
Bannockburn, IL Local Guide
- Nearby Cities
- ZIP codes
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- 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Bannockburn, IL Rentals by Map
See the most popular apartments and homes in Bannockburn, IL
Frequently Asked Questions about Cheap Bannockburn Apartments
What is the Cheapest Studio apartment in Bannockburn?
Currently the most affordable Cheap Studio Apartment in Bannockburn is at Mandalane listed at $1,841.
How much is rent for a Cheap One Bedroom Bannockburn Apartment?
The lowest price for a Cheap One Bedroom Bannockburn Apartment is $1,841 at Mandalane.
What is the lowest price for a Cheap Two Bedroom Bannockburn Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Bannockburn is starting from $1,841 at Mandalane.
What is the most affordable Bannockburn Three Bedroom Apartment?
The best deal on a cheap Bannockburn Three Bedroom Apartment rental is at Mandalane and starts from $1,841.
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.