Young Chicago tenants commonly ask, “How old do you have to be to rent an apartment?” Getting your first apartment is an exciting time. However, there are other rental requirements involved besides your age. From down payment savings to proof of income, learn more about the rental qualifications and the minimum age for an apartment […]
Category: Blog
How Apartments Verify Your Income & Check Your Credit Score
Most Americans have gone through the process of applying for their first apartment. Completing the paper or electronic application, checking off every task box, and waiting for the property management team to review the information. Then comes the income and credit verification process. Wondering why or how they do that process? Look no further, as […]
The Average Cost of Utilities in a Chicago Apartment
With any apartment, the cost of rent is not the only expense you should budget for. While the monthly rent may be a fixed cost, you must also allocate additional funds for monthly utility costs, as they may fluctuate depending on the season. While some apartments may include some utilities with your monthly rent, typically […]
Cosigners for Apartments: What They Are & Do I Need One?
So, you found your dream apartment but you’re unable to obtain official approval for the lease. You are standing at the gate to Willy Wonka’s chocolate factory, but all you need is the famous golden ticket. Guess what? Your dream home may be within reach with the help of a cosigner. Surprisingly, it’s more common […]
What Apartment Can I Afford in Chicago?
Let’s say you’re on the hunt for a new apartment and decide to jump into the search without covering finances first. Then, you find your dream floor plan in the dream location, only to find out you can’t afford it. You never want to be put in a position where you can’t get what you […]
Why Rental Insurance for Apartments is Worth it
It doesn’t matter if you rent or own, insurance is essential to ensure your personal belongings are protected in the case of an emergency or disaster. According to Realtor.com, only 37% of renters have apartment renters insurance, however, the low number doesn’t mean that it isn’t a valuable layer of cushioning to have. Since it’s […]
The Average Cost of Apartments in Chicago
It’s easy to not fully estimate how expensive it can be to move. When calculating the new rent cost, you must take into account how much it costs to hire movers, set up utilities, purchase moving supplies, pay deposits, and more. It’s important to be comfortable where you live, and the price is a major […]
Your Guide to Moving In & Out of an Apartment
In life, there are many major milestones that we will always remember. For many of us, it was moving into the first apartment. The moment when you receive your new keys transitions you into the next phase of your life—an exciting time, nonetheless! To make this exciting transition as easy as possible, we’ll cover the […]
Do You Need Credit to Rent an Apartment?
In every aspect of living, credit is relevant, and has been with everything you do. Buying a car, applying for a credit card or loan, setting up utilities, and applying for an apartment or house is not possible without having a suitable credit score. Finding the right apartment is a major step in life accomplishments, […]
Studio vs. Loft Apartment: What is the Difference?
Before dipping your feet into renting your first studio or loft, it’s good to know that they aren’t two peas in a pod. Although they may have similarities, choosing between a studio and a loft apartment can sometimes be challenging, especially if you don’t know how to tell the difference between these two property types. […]