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Moving to Downtown Chicago

Wednesday, March 27th, 2024

Top Tips for Moving to Downtown Chicago

Moving to downtown Chicago can be an exciting adventure, but it also comes with its own set of challenges and considerations. From navigating the neighborhoods to finding the perfect apartment, there’s a lot to think about when making the move to the Windy City.

Wondering how to find downtown Chicago apartments, about neighborhoods, the benefits of working with a leasing agent, or the average rent in Chicago? Here are our top tips if you’re thinking of moving to Chicago!

1. Know Your Neighborhoods

Downtown Chicago is made up of several distinct neighborhoods, each with its own unique charm and character. From the bustling streets of the Loop to the trendy vibes of River North, there’s something for everyone in downtown Chicago. Before you start your apartment search, take some time to research the different neighborhoods and determine which one best fits your lifestyle and preferences.

Here’s a brief overview of some popular downtown Chicago neighborhoods and their average rent prices:

  • The Loop: Known for its iconic skyline and bustling business district, the Loop offers a mix of high-rise apartments and historic lofts. Average 1 bed rent: $2,300 – $3,000 per month.
  • River North: A trendy neighborhood known for its art galleries, nightlife, and upscale dining scene. Average 1 bed rent: $2,500 – $3,500 per month.
  • Streeterville: Located along the shores of Lake Michigan, Streeterville offers luxury high-rise living with stunning lake views. Average 1 bed rent: $2,000 – $3,200 per month.
  • West Loop: A former industrial area turned vibrant neighborhood, West Loop is known for its trendy restaurants, boutique shops, and loft-style apartments. Average 1 bed rent: $2,300 – $3,500 per month.

2. Work with a Leasing Agent

Navigating the downtown Chicago rental market can be daunting, but working with a leasing agent can make the process much easier and more efficient. A leasing agent can help you narrow down your search, find deals through their relationships with high rise buildings, take videos and do virtual tours if you’re out of state or busy, schedule apartment showings, and sometimes negotiate lease terms on your behalf. They have insider knowledge of the market and can help you find hidden gems that may not be listed online.

3. Timing Your Search

The downtown Chicago rental market moves quickly, especially during peak moving seasons like summer. To ensure you find the perfect apartment, start your search early and be prepared to act fast when you find a place you love. On the other hand, you also tend to find the best deals the closer you look to your move date. The sweet spot tends to be starting your search 30-60 days out from your move date.

4. Average Rent in Chicago

Renters coming from other big cities, such as New York, Boston, Seattle, Los Angeles, and San Francisco, tend to be pleasantly surprised that the average rent in downtown Chicago tends to be substantially lower than in other big cities. Most managed high rise buildings don’t ask for security deposits or move in fees, but most private landlords do.

5. Consider Transportation Options

Downtown Chicago is known for its excellent public transportation system, including buses and trains operated by the Chicago Transit Authority (CTA). Many downtown neighborhoods are also very walkable, with easy access to shops, restaurants, and entertainment venues. You really don’t need to have a car to get around downtown Chicago, but picking an apartment near the transit lines is an important consideration.

6. Embrace City Living

Moving to downtown Chicago offers an unparalleled urban experience, with endless opportunities for entertainment, dining, and cultural enrichment right at your doorstep. Embrace city living and take advantage of everything downtown Chicago has to offer, from world-class museums and theaters to waterfront parks and outdoor festivals. Get out and explore your new neighborhood, meet your neighbors, and immerse yourself in the vibrant energy of downtown Chicago.

Thinking of moving to downtown Chicago or wondering about average rent in Chicago? We’re happy to answer all of your questions! Contact us today to get in touch with one of our neighborhood experts.