Apartments for rent Chicago, IL
Known for its world class museums, its vibrant culture and of course its deep dish pizza, the city of Chicago is one of the most popular Midwestern destinations for professionals, university students, young families and retirees alike. Whether you are looking for a low maintenance lifestyle or you want freedom from the responsibilities and limitations of home ownership, there is an apartment for rent in Chicago that is right for you! In cities such as Chicago, there’s an abundance of houses for rent, homes for rent, townhouses for rent, studio apartments and rooms for rent at all price levels. With an abundant supply of apartments for rent in Chicago, IL spend some time researching the various neighborhoods to find areas you most desire. Think of this research as your “apartment guide” or personal “apartment finder” toolkit.
Apartment living, especially in large metropolitan cities like Chicago, IL, offers a wide range of unique features and amenities not found in traditional home ownership. Many Chicago apartment rental communities and properties offer on-site luxuries such as free parking, pools and spas, fitness centers and clubhouses dedicated for tenants. There are many pet friendly apartments in Chicago that accommodate pets of all types and sizes and feature on-site dog parks and walking paths. Numerous apartment complexes foster a unique sense of community by hosting social events and holiday parties exclusively for residents. These events are a great opportunity for you to get to know your neighbors. With many Chicago apartment rental lease options that range from a few months to a couple of years in length, apartment rental living is a wonderful housing option for those who want to enjoy city life without being tied to a mortgage.
Cost of living
Chicago is a notoriously expensive city. While there are many free or low-cost activities available throughout the city, being one of the nation’s largest tourist draws and an international business hub make Chicago among the costliest cities in the United States. Those considering Chicago apartments are encouraged to budget wisely and to research areas outside of the downtown core as a way of finding more affordable and cheap apartments for rent.
Apartment Rental Statistics Chicago, IL
Renting tips & advice
Before renting an apartment in Chicago Illinois, consider the following tips and advice good for studio apartments for rent, houses for rent and regular apartments for rent in Chicago, IL.
Location is Key
Covering more than 200 square miles, the city of Chicago is the largest city in Illinois and among the largest cities in the Midwest. When choosing an apartment to rent in Chicago, consider factors such as where you will be working or attending school; whether you need easy access to public transportation or how close you want to be to certain area amenities like parks and other green spaces. Remember rooms for rent and studio apartments may only be available downtown whereas houses for rent, homes for rent and townhomes for rent are more commonly found in the suburbs. Remember, the further removed you are from the downtown the more likely you are to find cheap apartments and larger houses for rent as well.
Be realistic with your finances and be honest about how much money you make and after paying for groceries and other essentials, what remains for rent. Many landlords, especially those representing more luxurious and therefore costly apartments and condos will ask to see proof of income before renting you an apartment. A good budgeting tip is to limit the rent to no more than 50% of your after-tax monthly income. Reviewing your unique financial situation, including your income, any debt payments and other living expenses, will help you determine exactly what you can pay each month. Make sure to ask about rent to own homes as they can be a great way to transition from rental homes and into home ownership.
Style of Apartment
Are you interested in a quiet house for rent or home for rent, a high-rise apartment for rent with top-of-the-line rental amenities and ample parking or a room for rent or maybe studio apartments? The city of Chicago is flush with so many rental apartments that you be selective and still be sure to find what you’re looking for. Use the many search filters on ApartmentLove.com to narrow your focus and build an apartment finder search custom made for you and your needs and wants.
Features & Amenities
Whether you prefer first-rate luxuries like concierge services, indoor heated pools and spas and on-site fitness centers or you're looking for quieter and more private houses for rent you’ll find plenty of well-qualified rental listings on ApartmentLove.com, the nation’s leading apartment rental website, to match your needs. Once you've narrowed your options by location and cost, consider what amenities are must-haves, which ones are nice-to-have, and which ones you'd be willing to forego for the right location, style and price.
As one of the Midwest's most densely populated regions, Chicago Illinois has a very active rental housing market. When you find studio apartments, houses for rent, homes for rent, townhouses for rent or traditional apartments for rent, make every effort to get in touch with the owner, landlord, rental property manager or apartment manager as soon as possible. Waiting even a day or two to contact the landlord could mean your dream home gets rented to someone else.