Lyricist Lounge 2 is the fourth hip hop compilation album by American record label Rawkus Records.

It was released on November 28, 2000, as the second installment of Lyricist Lounge album series, based on New York's Lyricist Lounge showcases.

Production was handled by Hi-Tek, Erick Sermon, The Alchemist, Ayatollah, DJ Mighty Mi, DJ Premier, DJ Roddy Rod, J Dilla, Madlib, Rockwilder and Scott Storch, with Danny Castro, Ant Marshall, Perry Landsberg and Jacob Septimus serving as executive producers.

It features contributions from Mos Def, Q-Tip, Beanie Sigel, the late Big L, Big Noyd, Cobra Red, C-Town, dead prez, Dilated Peoples, Erick Sermon, Ghostface Killah, Guilty (Consequence and Menace), JT Money, Kool G Rap, Macy Gray, Master Fuol, M.O.P., Nate Dogg, the late Notorious B.I.G., Pastor Troy, Pharoahe Monch, Phil Da Agony, Planet Asia, Prodigy, Punchline, Redman, Royce da 5'9", Saukrates, Smif-N-Wessun, Sy Scott, Talib Kweli and Wordsworth among others.

Despite its being one of Rawkus' most commercially successful releases, Lyricist Lounge 2 drew criticisms from underground fans, mainly due to the album's more commercial sound, and also because of its focus on established artists, unlike the first installment, which largely featured up-and-coming MC's.