When is the Best Time to Look for Apartments in Chicago?

Apartments in Chicago

Are you looking for an apartment in Chicago? Well, luckily for you, here at SRE Holdings, LLC, we put the needs and concerns of our customers first, responding quickly and efficiently. In this article, you will learn about some of the apartments we manage in Chicago, and how to find cheap apartments. 

How to Find Apts Near Me

At SRE Holdings, LLC, we will help guide you through your rental process journey, making it a simple and stress-free process. Our top priority is to make sure that you end up in an apartment that is perfect for you and your individual needs. As a property management company, we make sure that the apartment buildings are well taken care of. Now that you know a little bit about who we are, let’s look at some of the apartments that we manage. Maybe one of them will be your future home!

We have a variety of properties all around Chicago. Some of our properties include properties at Rockwell Commons, Lincoln, Sheridan, and Wellington. At Rockwell Commons, there are a few different options to choose from, ranging from a 0-bedroom, 1- bath, 500-square-foot apartment (commonly called a studio), to a 3-bedroom, 2-bath, 1,000-square-foot apartment. Our Lincoln Park apartments are located on the north side of Chicago and go on for about 7 miles.

The Sheridan Square properties range from 2-bedroom, 1-bath to 3-bedroom, 2-bath apartments. Wellington is a beautiful area that combines the historical aspects of Chicago and the trendiness of the Lakeview neighborhood. As units become available at these various properties, you will be able to view them on our website. 

Cheap Apartments 

Of course, no one likes to pay an exuberant amount of money for anything. Apartments are no exception! The cost of living can be quite high, depending on where you live and what kind of lifestyle you live. So, how can you find an affordable apartment? Well, before jumping right in to finding the cheapest apartment option, there are some things in general that you should know before apartment hunting in Chicago. Yes, cheap apartments are great, but you don’t want to be tricked into a scam or live in a tiny apartment with horrible conditions just for a cheap price.

So, here are some things you should be aware of during your apartment search, specifically in Chicago: start searching for apartment weeks before your desired move-in date, get to know the area, be aware of scams and make sure the properties are legitimate, and factor in travel costs. Once you have a more realistic idea of what apartment hunting in Chicago is like, start thinking seriously about how much money you are willing to or can afford to spend on your living situation. 

Finance experts suggest that your rent should be no more than 30% of your income. However, for many young people, especially in cities like Chicago, that can be pretty hard to do. So many people are actually spending over 30% of their income just because rental prices are so expensive. For instance, the average rent in the Lincoln Park neighborhood for a 1-bedroom apartment is $1,625 a month. Now it’s time to answer the long awaited question on how to find cheap, affordable housing without compromising your quality of life. 

How to Find Cheap Apartments

Here are some quick tips and tricks on how to find cheap, affordable housing in Chicago. 

Make a List

First, create a list of your must-haves and things you could live without. In other words, what are some deal breakers that you will absolutely not budge on? Here are some factors to consider: commute time, pet policy, in-unit laundry, noise levels, or the smoking policy. All of these aspects of apartment-living are definitely things to consider when trying to cut costs. You never want to live in a horrible situation for the sake of paying a cheap rent. Yes, if the rent is cheap, that’s great; however, sometimes there is an underlying, bad reason as to why the rent is as cheap as it is.  

Consider a Roommate

Second, consider having a roommate. Obviously, having another person live with you means that you will need a bigger living space; however, you might be able to find cheaper options since you will be splitting the cost with another person. If no close family or friends are looking for a roommate, you can always go public with your roommate request and post roommate ads. Of course, safety should be your top priority. To stay safe while posting on public platforms, never respond to anyone who asks you for money or personal information.

Also, verify that the person you are interacting with is a real person, not someone pretending to be someone they are not. Another option if you choose to go down the roommate route is to join Facebook housing groups. There are so many housing groups specific to certain areas. Once you are on those pages, you can stay up to date on any new listings before they go public or meet potential roommates. 

Be Safe

Third, be safe when looking at apartment properties. You should never send money or personal information, like your social security number, to anyone. Always make sure that the deal is legit before making any kind of down payment or else all of your hard work to get an affordable apartment would’ve been all for nothing. There is a huge market for scammers, so be very cautious while looking at apartment properties. When actually visiting the apartment to tour, always meet in a public area and let your friends and family know where you are going and who you are meeting with.

Also, if you are interested in living with a roommate, whether that means they move in with you or you move in with them, make sure you get to know each other before committing to living with one another. 

Our main goal is making sure you are happy where you end renting an apartment. So, if you are looking to live in Chicago and need help with finding the perfect apartment, don’t hesitate to reach out to us today to learn more about our apartments!

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