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Old 07-12-2008, 11:35 PM
 
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What is the minimum rent for a studio apartment before it is a warning sign of a place that you shouldn't consider? For instance, is $600 too low to be any good?
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Old 07-12-2008, 11:39 PM
 
Location: Chicago
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I have had many studios below 600 that were decent. It all depends on where they are located,the size of them,and what utilities are include. Deals still do exist in this city in decent areas.

Post the places by address here and I will tell you yes or no on the area at least.
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Old 07-13-2008, 12:06 AM
 
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Thanks...One of them is:

GOLD COAST. 1100 N LaSalle. Restored vintage 16-story elevator bldg, fabulous views, ceiling fans, laundry, sparkling kitchens and baths. 24 hr doorperson. Studio from $630, 1 br from $1072.
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Old 07-13-2008, 12:10 AM
 
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Another one is 2712 WEST NORTH Avenue, Bucktown. Smaller two bedroom, economical apartment. Rooftop space on side. $550, possibly lower.
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Old 07-13-2008, 12:17 AM
 
Location: Chicago
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Quote:
Originally Posted by Pondering_girl View Post
Another one is 2712 WEST NORTH Avenue, Bucktown. Smaller two bedroom, economical apartment. Rooftop space on side. $550, possibly lower.
It is not in Bucktown. It is in Humboldt Park. I would not advise moving to that area if you are new to the city and even if you are not for the most part.

It is a really good price even for that area. Seems a bit fishy to me.
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Old 07-13-2008, 12:20 AM
 
Location: Chicago
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Quote:
Originally Posted by Pondering_girl View Post
Thanks...One of them is:

GOLD COAST. 1100 N LaSalle. Restored vintage 16-story elevator bldg, fabulous views, ceiling fans, laundry, sparkling kitchens and baths. 24 hr doorperson. Studio from $630, 1 br from $1072.
This one can go either way, but the studio is a very good price for that area. This area is much better area than the address on North Ave you posted.

If it came down to the two I would pick the one on LaSalle. Of course, I have not seen the apartments,but areawise the one on LaSalle is way better.
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Old 07-13-2008, 10:13 AM
 
Location: Chicago
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Quote:
Originally Posted by Pondering_girl View Post
Another one is 2712 WEST NORTH Avenue, Bucktown. Smaller two bedroom, economical apartment. Rooftop space on side. $550, possibly lower.
I cannot stand rental agencies and property managers who lie about the neighborhood a property is in. And that is what they have done here. Don't do business with whatever a-holes listed this apartment.
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Old 07-13-2008, 03:06 PM
 
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Also, don't forget to check streetview on google maps. You may be able to see the actual building and what's around to get an idea of the area.
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Old 07-13-2008, 06:52 PM
 
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600 is very cheap for a studio
I am in suburbs and one BR is 1000 and 2 BR in 1200. Even in the downtown, 1 BR is 1300+ and 2 BR being 1600 etc
Provided that the neighborhood is good nd you have good communication to the city, it should be a good deal!
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Old 07-13-2008, 09:31 PM
 
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Thanks for all your replies.
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