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2 Bedroom Apartments for Rent in Downtown Chicago, Chicago, IL - 11 Rentals available

  • Apartment in Downtown Chicago
    1130 SOUTH MICHIGAN, CHICAGO, IL 60605
    $1,381 - $7,002
    • Studio-2 Beds
    • 1-2 Baths
    Draper and Kramer
    Available Today!
    (833) 733-8248
  • Apartment in Downtown Chicago
    55 E. Washington St., Chicago, IL 60602
    $1,095 - $2,050
    • Studio-3 Beds
    • 1-2 Baths
    Available Today!
    (773) 281-5252
  • Apartment in Downtown Chicago
    1212 S Michigan Ave, Chicago, IL 60605
    See current rent specials
    $1,410 - $2,852
    • Studio-2 Beds
    • 1-2 Baths
    Available Today!
    (773) 269-6848

Popular Searches

Downtown Chicago, Chicago, IL Demographics

  • Total Population20,800
  • Female 10,093
    Male 10,707
  • Median Age34

Average Rent for 2 Bedroom apartments in Downtown Chicago, Chicago, IL

  • The average rent for a 2 Bedroom apartment in Downtown Chicago, Chicago, IL, December 2018$2,071/mo
  • Studio$1,506
  • 1 Bedroom$1,868
  • 2 Bedrooms$2,486
  • Studio$1,254
  • 1 Bedroom$1,771
  • 2 Bedroom$2,382

Downtown Chicago, Chicago, IL 2 Bedroom Apartment Rent Ranges

  • $701-$1,0001%
  • $1,001-$1,50025%
  • $1,501-$2,0003%
  • > $2,00071%

Downtown Chicago, Chicago, IL 2 Bedroom Apartment Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Dec / 2018 $2,071 $2,486
Jan / 2018 $2,071 $2,486
Sept / 2017 $2,087 $2,539
May / 2017 $2,136 $2,602
Jan / 2017 $2,076 $2,537
Sept / 2016 $2,109 $2,540
May / 2016 $2,133 $2,603
Jan / 2016 $2,054 $2,501
Sept / 2015 $1,989 $2,390
May / 2015 $1,963 $2,365
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Downtown Chicago, Chicago, IL Households

  • Total Number of Households10,651
  • Family 3,968
    Non-family 6,684
  • Children 1,354
    No Children 9,297
  • Average People Per Household1.81
  • Median Household Income$94,961
  • Median Housing Costs Per Month$1,910

Downtown Chicago, Chicago, IL Education Statistics

  • No High School2%
  • Some High School12%
  • Some College18%
  • Associate Degree4%
  • Bachelor Degree33%
  • Graduate Degree32%

Renting a 2-bedroom apartment in Downtown Chicago, Chicago, IL

Location is key when you’re renting and Downtown Chicago, Chicago, IL might be a great place for you to start looking. Renters seem to love Downtown Chicago, Chicago, IL and there are still plenty of 2-bedroom apartments left in case you want to give it a shot. Compared to other neighborhoods like River North, where the monthly prices for 2-bedroom apartment rentals go up to $9,219, that sounds like quite a deal, doesn’t it? So, if you’re on a tight budget and you’re trying to put some money aside, take this into consideration: in Downtown Chicago, Chicago, IL the monthly rent for a 2-bedroom unit can go as low as $1,095.

Real estate mathematics to help you snatch a cheap unit

Renting a 2-bedroom apartment can be a tricky business and figuring out the perfect formula might take some time. Sure, location and amenities play an important part, but compromise does not necessarily have to be a bad thing. There are many factors that determine rental prices and it’s helpful to know some of them. The monthly rent for furnished 2-bedroom apartments located in newer, well-maintained buildings that provide a broader range of amenities tends to go higher, up to $7,002. Other factors that determine rental prices are proximity to public transportation, entertainment, shopping and dining. What is it that you can give up on? Be patient, tweak the formula and you’ll eventually get to a satisfactory result and you will find the right cheap 2-bedroom apartment. The apartment of your dreams might turn out not to be the right apartment for you after all, and that’s fine, so don’t be afraid to deviate from the initial plan. Because no one wants to do mathematics in their spare time, the RENTCafé filters offer you all the necessary tools to try dozens of combinations until you reach the perfect result. Mix and match by using the location, price and amenities filters and you’re sure to find a 2-bedroom apartment to call home.