The median rent in Illinois is slightly higher than the U.S. national average, but with the state’s lower cost of living, Illinois is still an affordable option. If you want apartments to rent near Chicago and need to reduce costs further, consider other cities within Cook County.
"}},{"@type":"Question","name":"What salary do you need to live comfortably in Chicago?","acceptedAnswer":{"@type":"Answer","text":"When listing housing in Chicago for rent, most landlords or property managers require tenants to earn a monthly income that’s 3x higher than their rent.
The average rental cost in Chicago is as follows:
- 1BR: $1,589/month
- 2BR: $1,730/month
So, to rent a luxury 2BR apartment in the Belmont Central neighborhood in Chicago for $2,400 a month, you should earn a monthly wage of $7,200 and a yearly salary of $86,400.
If the apartment doesn’t include utilities in its rental fees, tenants could expect to pay for:
– Electricity
– Gas
– Water
– Sewage
– Internet access
Depending on the tenancy agreement, these fees could significantly increase the cost of living, so double-check before signing anything.
"}},{"@type":"Question","name":"What’s the Chicago Renters’ Hotline?","acceptedAnswer":{"@type":"Answer","text":"If tenants renting apartments in Chicago feel their landlord treats them unfairly, they can call the Chicago Renters’ Rights Hotline at (312) 742-7368.
Representatives of the City of Chicago will offer guidance regarding the legal responsibilities and rights of renters and property owners. They also provide mediation services to help informally resolve disputes between landlords and tenants.
"}}]}