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2 Bedroom Apartments in Old Town Under $3,500
3 2 bedroom apartments available in Old Town under $3,500. Median rent $2,945. Live prices and availability.
About Old Town: Triangle of late-1800s graystones and brick three-flats between LaSalle and Wells, anchored by Second City and the Old Town School of Folk Music. Tree-lined streets, walkable to Lincoln Park or the lake.
$2,945
Median rent
$2,283
Cheapest
Available now
Top buildings for this search
- Schiller Place Apartments$2,283–$2,945
- 1325 N Wells$3,290–$3,290
Frequently asked
What's the cheapest 2 bedroom in Old Town under $3,500 right now?
Schiller Place Apartments #202 at $2,283/month, 936 square feet. Located at 711 W Schiller St.
How many 2 bedroom apartments are available in Old Town under $3,500?
2 bedroom apartments are currently listed in Old Town under $3,500. Median rent is $2,945.
Which buildings in Old Town offer 2 bedroom apartments?
Top buildings by current inventory: Schiller Place Apartments, 1325 N Wells.
Is $3,500 a realistic budget for 2 bedroom in Old Town?
Yes. The median rent at this size in Old Town is $2,945, so a $3,500 ceiling sits $555 above the median and leaves room to choose.
Compare Old Town to nearby neighborhoods
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Updated September 20, 2026 at 5:19 PM CDT. No paid placement.