Dwellworks Blog

Chicago: Rent or Rant?

Written by Andrew Horvath | Sep 20, 2016 3:28:56 PM

Thanks to a steady growth market within the city of Chicago, occupancy rates remain high, hovering around 96%! Streeterville, River North, Old Town, Gold Coast and the Loop are all bustling with construction and new development, both residential and commercial. Finding affordable rentals in these neighborhoods isn’t easy, but it can be done. Our local consultants tell us that people are staying put once they find a place to call home, resulting in fewer rental opportunities overall.  The trend of westward movement within the city limits continues as renters are seeking affordable, convenient and available options.

 

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