
2 Bedroom Apartments for Rent in Chicago, IL Under $5,500 (2,912 Rentals) Page 4 of 59


111 Point

2653-2743 N Wayne Ave

Arthur on Aberdeen

Foundry

The Brixen

5139 N Broadway St

6 Corners Lofts

Wrigley Flats

Total Monthly Price
Union West

Millennium on LaSalle

3341-3343 N CLARK CONDOMINIUM ASSOCIATION

5135-45 S. Ingleside Ave.

5326 S. Harper Ave.

Eight Eleven Uptown

Landmark West Loop

Linea Apartments

Ravenswood Terrace

Woodlawn Commons

4521 N. Malden St.

The Buckingham Student Living

1360-64 E. 52nd St.

215 West Apartments

Axis Apartments and Lofts

One East Delaware

Mayfair Apartments

2319-2551 N Southport Ave

1407 on Michigan

7526-36 S Colfax Ave

6946 W 65th St

1155 W 83rd St

777 South State

Scholars Corner Apartments

Letterman Chicago

Roosevelt Square

4537 N Greenview Ave

Cassidy on Canal

Five Points Lakeview

The Dunham Apartments

2402 W Carmen Ave

The Saint Grand

1522 N La Salle Dr

Solverre

Fulbrix Apartments

Millie On Michigan

Clybourn

The Reed

CADENCE APARTMENTS

FultonHub
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 | $2,031 | $595 | $5,465 |
| Chicago 1 Bedroom Apartments | $2,476 | $640 | $9,987 |
| Chicago 2 Bedroom Apartments | $3,061 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,778 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $4,062 | $924 | $10,000+ |
| Chicago 5 Bedroom Apartments | $7,612 | $1,995 | $10,000+ |
| Chicago 6 Bedroom Apartments | $7,668 | $6,700 | $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 $3,061.
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 1,146 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

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.

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.
