
2 Bedroom Apartments for Rent in the Madison Square Neighborhood of Chicago, IL (198 Rentals)


5005 W Ferdinand St, Unit 5005 w #1

5111 W Ferdinand St, Unit 2C

322 S Kostner Ave, Unit G

322 S Kostner Ave, Unit 1

346 N Laramie Ave, Unit 2W

346 N Laramie Ave, Unit 2N

4700 W Monroe St

220 N Laporte Ave

5145 W Ferdinand St
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

555 N Lawler Ave

4443 W Gladys Ave

5567 W Van Buren St

4058 W Jackson Blvd

708-14 S Karlov Ave

5157 W Washington Blvd

4345 W Wilcox St

4315 W Gladys Ave

5542 W Congress Pky

4101 W Gladys
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.

4317 W Flournoy St

5521 W Gladys Ave

5316 W Washington Blvd

5416-5424 W Ferdinand St

4930 W Van Buren St

746-754 N Lorel Ave

5301 W Jackson Blvd

4050 W West End Ave

4205 W Gladys

305 N Latrobe Ave
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.

700 N Laramie Ave

4718 W Congress Pky

5448-5450 W Quincy St

4031 W Gladys Ave

HICA Redevelopment

4300 W Flournoy St

5030 W Washington Ave

211 N Kildare Ave

4501 W Maypole Ave

Pine Race
Renting Smart: Lease Basics Every Renter Needs
Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

4049 W Jackson Blvd

640-642 N Cicero Ave

4134 W Wilcox St

140 N Latrobe Ave

131 N Pine Ave

4439 W Van Buren St

726 N Pine Ave

163 N Lamon Ave

722-724 N Cicero Ave

4832 W Monroe St
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.
Madison Square, Chicago, IL Local Guide

How much does it cost to rent an apartment in Madison Square?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison Square Studio Apartments | $890 | $890 | $890 |
| Madison Square 1 Bedroom Apartments | $1,115 | $1,000 | $1,200 |
Madison Square 2 Bedroom Apartments | $1,500 | $1,095 | $2,100 |
| Madison Square 3 Bedroom Apartments | $1,973 | $1,700 | $2,400 |
| Madison Square 4 Bedroom Apartments | $2,346 | $1,740 | $3,500 |
Browse Apartments in this Neighborhood
There are currently 198 rentals with your search options within a 1 mile radius of the Madison Square Neighborhood of Chicago, IL.
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Madison Square, Chicago, IL Local Guide
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Largest Available Madison Square 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in the Madison Square area of Chicago, IL is found at 200 N Kenneth Ave and is listed at 1,000 square feet priced from $1,300. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| 200 N Kenneth Ave | 2/1.0 | 1,000 Sq Ft | $1,300 |
| 109 N Laramie Ave | 2 Bedroom 1 Bath Apartment | 850 Sq Ft | $1,295 |
| 400 S Kilbourn Ave | 2 Bedroom 1 Bath Apartment | 631 Sq Ft | $1,170 |
| Congress Commons | 2 Bedroom 1 Bath Apartment | 550 Sq Ft | $1,095 |
| 5500 W Van Buren St | 2 Bedroom 1 Bath Apartment | 496 Sq Ft | $1,155 |
Cheapest Available Madison Square 2 Bedroom Apartments
Currently the lowest priced 2 Bedroom apartment unit Madison Square of Chicago, IL is the 2 Bedroom 1 Bath Apartment Model starting from $1,095 at Congress Commons. The average price for all 2 Bedroom apartments in Madison Square is currently $1,500. Here is today’s list of the cheapest available 2 Bedroom options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Congress Commons | 2 Bedroom 1 Bath Apartment | $1,095 |
| 5500 W Van Buren St | 2 Bedroom 1 Bath Apartment | $1,155 |
| 400 S Kilbourn Ave | 2 Bedroom 1 Bath Apartment | $1,170 |
| 109 N Laramie Ave | 2 Bedroom 1 Bath Apartment | $1,295 |
| 200 N Kenneth Ave | 2/1.0 | $1,300 |
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.
Pet Friendly LifestyleMadison Square, Chicago, IL
Ranked #92
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about 2 Bedroom Madison Square Apartments
What is the Cheapest apartment in Madison Square with 2 Bedroom?
Currently the most affordable 2 Bedroom in Madison Square is at Congress Commons listed at $1,095.
What is the largest available 2 Bedroom Madison Square Apartment for rent?
Today's apartment with the most square footage in Madison Square is a 1,000 square feet unit starting from $1,300 at 200 N Kenneth Ave.
What is the average size for Madison Square 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Madison Square is currently 875 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

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.

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.