
2 Bedroom Apartments for Rent in Chicago, IL Under $1,500 (773 Rentals) Page 12 of 16


The Pershing

4714-4720 S Michigan Ave

Paseo Boricua Arts Building

1002-16 W. Irving Park Rd.

Waveland Park Court

4709-4715 W Belmont Ave

1200 W Addison St

920 W Cullom

Trianon Lofts

8200 S. Evans Ave.

5047 S Champlain Ave

6157 S Washtenaw Ave

1510-1514 W Rosemont Ave

5927-5929 W 63rd St

200 N Kenneth

Clyde South Shore

6654 W Devon Ave

2724 W Lunt Ave

906 W Montrose Ave

4850 W North Ave

Palmer Apartments

7011-7019 S Merrill Ave

707 W 28th St

6849-6875 S Crandon Ave

Drexel Investments, LLC

Astoria Properties

2835 N. Racine Ave.

6200-6202 S Whipple St

2014 E 77th St

437-59 W. Belmont Ave.

1417 W Cullerton St

Ivy Hastings

Ivy at Shelbyrne

1234 N Cleaver

5453-5461 S Everett Ave

Winthrop Park Apartments

2218 W Chicago Ave

1912 S Throop St

2001 S State St

Buckingham Place

Everett Hyde Park

Student | Infinite Chicago

Sunset Lake

Boulevard North Townhomes

Hollywood Manor Townhomes

Bernice Homes

Blue Station

Colonial Court Apartments

Dynasty Properties
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 | $1,981 | $600 | $9,940 |
| Chicago 1 Bedroom Apartments | $2,491 | $650 | $10,000+ |
| Chicago 2 Bedroom Apartments | $3,098 | $850 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,879 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,461 | $970 | $10,000+ |
| Chicago 5 Bedroom Apartments | $7,618 | $2,600 | $10,000+ |
| Chicago 6 Bedroom Apartments | $6,101 | $750 | $10,000+ |
Explore Chicago
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 $3,098.
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 $13,571 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 1,178 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

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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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.