2 Bedroom Apartments for Rent in Chicago, IL Under $1,500 (742 Rentals)

Sedgwick Apartments

Letterman Chicago

Ivy Park Homes

OC Living

Lake Grove Village

South Shore Beach Apartments

8004 S Eberhart Ave
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.

7152 S East End Ave

634-640 N Lamon

5735 W. Washington Blvd

5504-12 S Wabash 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.

6930-6942 S Crandon Ave

6157 S Washtenaw Ave

6849-6875 S Crandon Ave

Keystone Place Apartments

4034 W 21st St, Unit first floor

2133 S Fairfield Ave, Unit 1

1248 S Keeler Ave, Unit 2
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.

4408 W Belden St, Unit 2

2108 S Washtenaw Ave, Unit 1R

9000 S Loomis St, Unit 2

8144 S Brandon Ave, Unit 2

7747 S Greenwood Ave, Unit 1

5437 S Laflin St, Unit 1R
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

5424 S Union Ave, Unit 1E

8946 S Exchange Ave, Unit Garden Unit

4950 W Warwick Ave, Unit 2F

1308 S Tripp Ave, Unit 3

9215 S Cottage Grove Ave, Unit 2

8038 S Maryland Ave, Unit 2

2007 N Lamon Ave, Unit 1N

4304 Lawndale Ave, Unit 1

10747 S Michigan Ave, Unit Apartment B

1838 S May St, Unit Apt 2F
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 | $2,067 | $565 | $10,000+ |
Chicago 1 Bedroom Apartments | $2,630 | $745 | $10,000+ |
Chicago 2 Bedroom Apartments | $3,301 | $1,000 | $10,000+ |
Chicago 3 Bedroom Apartments | $3,834 | $825 | $10,000+ |
Chicago 4 Bedroom Apartments | $3,823 | $875 | $10,000+ |
Chicago 5 Bedroom Apartments | $4,916 | $1,025 | $10,000+ |
Chicago 6 Bedroom Apartments | $20,526 | $1,600 | $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 1860 S Komensky Ave listed at $860.
How much is the average rent for a 2 Bedroom Chicago Apartment?
The average rent for a 2 Bedroom Apartment in Chicago is $3,301.
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 $14,243 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 1,083 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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.