
2 Bedroom Apartments for Rent in Chicago, IL Under $1,500 (760 Rentals)


Lake Meadows Apartments

Letterman Chicago

Sedgwick Apartments

Ivy Park Homes

South Shore Beach Apartments

Lake Grove Village

OC Living
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.

200-210 N California Ave

6930-6942 S Crandon Ave

3600 W Franklin Blvd

Astoria Properties

6849-6875 S Crandon Ave

4351 S Honore 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.

6157 S Washtenaw Ave

Lakes Apartments

5504-12 S Wabash Ave

Boxelder Court

Park Place Apartments
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.

8009 S Phillips Ave, Unit 3

5423 W West End Ave, Unit 1E

2026 N Kedvale Ave, Unit 1

10053 S Forest Ave, Unit #3

8148 S Kenwood Ave, Unit 2n Fl

4616 S Spaulding Ave, Unit #2

5849 S Francisco Ave, Unit 1D
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1248 S Keeler Ave, Unit 2

10747 S Michigan Ave, Unit Apartment B

5154 W EDDY ST, Unit Garden Unit

5930 N Northwest Hwy, Unit #1A
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

8241 S Commercial Ave, Unit Rear
Chicago, IL Local Guide

How much does it cost to rent an apartment in Chicago?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Chicago Studio Apartments | $2,084 | $575 | $10,000+ |
Chicago 1 Bedroom Apartments | $2,664 | $575 | $10,000+ |
Chicago 2 Bedroom Apartments | $3,186 | $900 | $10,000+ |
Chicago 3 Bedroom Apartments | $3,748 | $1,075 | $10,000+ |
Chicago 4 Bedroom Apartments | $3,328 | $1,040 | $10,000+ |
Chicago 5 Bedroom Apartments | $5,238 | $2,150 | $10,000+ |
Chicago 6 Bedroom Apartments | $6,772 | $4,795 | $10,000+ |
Explore Chicago

Chicago, IL Local Guide
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Quick 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.
Getting Around Chicago, IL
Walk Score®
83 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
77 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
66 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about 2 Bedroom Chicago Apartments
What is the Cheapest apartment in Chicago with 2 Bedroom?
Currently the most affordable 2 Bedroom in Chicago is at 212 E 69th Place listed at $940.
How much is the average rent for a 2 Bedroom Chicago Apartment?
The average rent for a 2 Bedroom Apartment in Chicago is $3,186.
What is the largest available 2 Bedroom Chicago Apartment for rent?
Today's apartment with the most square footage in Chicago is a 2,176 square feet unit starting from $15,914 at Flora.
What is the average size for Chicago 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Chicago is currently 1,073 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.