
2 Bedroom Apartments for Rent in Chicago, IL Under $1,500 (773 Rentals)


Abbott Square - 8143

7320 S Phillips Ave

1155 W 83rd St

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Letterman Chicago

Ivy Park Homes

8100 S Essex Ave

7028 S Clyde

5504 S Wabash

Shorewind Apartments
Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

6160 S Martin Luther King Dr

7715 S South Shore

Lake Grove Village

Southland Village

8201 S Ada St

The Boulevard at OC Living

7300 Venture Apartments

LUELLA

4658 S Troy St

916 W 68th St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

The Onyx on North Shore

6154 S Rockwell St

Park Apartments

Lakes

Chatham Grove

Ironwood

5835 W 63rd St

Boxelder Court

2659 N Monitor Ave

Midway
Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

Prairie Park Apartments

KLEO Art Residences

Park Place Apartments

1524 W Garfield Blvd

Stephen's Commons- Senior Living-Age 62+

8702 S Escanaba Ave

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2901 W 38th St, Unit 2nd floor

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8452 S Burnham Ave, Unit 8452 S. Burnham

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8120 S Ellis Ave, Unit 2

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8428 S Escanaba Ave, Unit 1
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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916 W 68th St, Unit 1W

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8010 S Marshfield Ave, Unit 1 - First Floor

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6401 S Talman Ave, Unit Apt #1

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1748 E 84th Pl, Unit 2nd floor

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619 N Menard Ave, Unit 2

8230 S Ellis Ave

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4318 W Monroe St, Unit 1st floor

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7935 S Dante Ave, Unit #1

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368 E 59th St, Unit #3

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7809 S Marshfield Ave, Unit 7809 South Marshfield #1
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.
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 | $2,018 | $595 | $4,964 |
| Chicago 1 Bedroom Apartments | $2,462 | $640 | $9,987 |
| Chicago 2 Bedroom Apartments | $3,041 | $500 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,691 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,779 | $924 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,729 | $2,695 | $10,000+ |
| Chicago 6 Bedroom Apartments | $15,122 | $6,790 | $10,000+ |
Explore Chicago

Chicago, IL Local Guide
- Chicago Neighborhoods
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Best 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 Chicago, IL Rentals by Map
See the most popular apartments and homes in Chicago, IL
Chicago, IL Area Reviews
Nicole • 4+ years in Chicago
April 10, 2026Big city challenges with traffic but also provides the amenities of the city you can't find elsewhere
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 West Haven Park II - B listed at $192.
How much is the average rent for a 2 Bedroom Chicago Apartment?
The average rent for a 2 Bedroom Apartment in Chicago is $3,041.
What is the largest available 2 Bedroom Chicago Apartment for rent?
Today's apartment with the most square footage in Chicago is a 1,900 square feet unit starting from $4,650 at Riverview Terrace.
What is the average size for Chicago 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Chicago is currently 1,124 sq ft.
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.