Cheap Apartments In Chicago Under $700

Cheap Apartments In Chicago Under $700

5 min read Jul 10, 2024
Cheap Apartments In Chicago Under $700

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Finding Affordable Housing in Chicago: Apartments Under $700

Chicago, a bustling city with vibrant culture and endless opportunities, can be an expensive place to live. But don't despair! There are still affordable options out there, even if you're on a tight budget.

Here's what you need to know about finding cheap apartments in Chicago under $700:

1. Location, Location, Location

The first step to finding an affordable apartment is to be realistic about your location. You're likely not going to find a spacious, renovated apartment in the heart of downtown Chicago for under $700. Consider these areas:

  • Outer Neighborhoods: Areas like West Garfield Park, East Garfield Park, and South Lawndale offer relatively lower rent prices, but be sure to research the area thoroughly.
  • Up-and-Coming Neighborhoods: Places like Logan Square, Pilsen, and Humboldt Park are experiencing gentrification, so you might find deals in older buildings. However, keep in mind that these areas are quickly becoming more expensive.
  • Suburbs: For even more affordability, consider living in nearby suburbs like Cicero, Berwyn, or Oak Park, which offer good commutes to the city.

2. Don't Be Afraid of Older Buildings

While newer buildings might seem more attractive, older buildings often offer lower rent prices. Be prepared to deal with potential issues like older appliances or lack of amenities, but weigh those against the cost savings.

3. Be Flexible with Your Search Criteria

  • Shared Housing: Consider sharing an apartment with roommates to reduce costs. Look for studios or 1-bedroom apartments with room for roommates.
  • Smaller Spaces: Don't be afraid of smaller units. A cozy studio or efficiency apartment can be surprisingly comfortable and functional.
  • Utilities Included: Look for apartments that include utilities like water, heat, and garbage in the rent. This can save you a significant amount of money each month.

4. Leverage Online Resources

  • Craigslist: A classic resource, Craigslist can be a gold mine for finding cheap apartments. Be cautious of scams, and always meet in person before signing a lease.
  • Apartment Finder Websites: Websites like Apartments.com, Zillow, and Trulia offer filters that allow you to narrow your search based on your budget and desired location.
  • Facebook Groups: Join Facebook groups dedicated to housing in Chicago, where locals often post available apartments and share advice.

5. Don't Forget the Hidden Costs

When considering your budget, remember to factor in additional costs like:

  • Security Deposit: This can be equal to one month's rent or more.
  • Moving Costs: Consider the cost of movers, packing supplies, and transportation.
  • Utilities (If Not Included): Electricity, gas, internet, and cable are often not included in rent.

Finding a Home in Chicago

Finding an affordable apartment in Chicago takes time and effort. Don't give up! By being patient, flexible, and resourceful, you can find a comfortable and affordable home in this exciting city.

Remember to always do your research and visit the apartment in person before signing a lease. Good luck with your apartment hunt!


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