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How Much Rent Can I Afford?

Calculate how much rent you can afford in Chicago and instantly see results based on your salary. Budget for a move to a managed luxury apartment building in downtown Chicago — River North, Fulton Market, West Loop, Gold Coast, Streeterville, Old Town, and more.

Additional Costs to Plan for:

Monthly Fees - 

  • Parking: $300 - $450

  • Utilities (water, sewer, trash, cable): $150 - $200

  • Electric: $50 - $150

  • Pet Fees: varies

  • Internet: varies


One Time Fees - 

  • Administrative - $500. This is required to take a unit off the market, and is negotiable.

  • Application - $50-75. This goes toward a third party credit screening / background check and is non-refundable.

Unlike condo rentals and private landlords, managed apartment buildings will never ask you to pay a move-in or move-out fee, first or last month’s rent, or a security deposit.

This calculator is being provided for informational purposes only. The results are estimates based on the information that you’ve entered. Lease approval screening processes may vary.

Pearl Fulton Market lobby rendering located at 370 N Morgan
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*Finding an apartment in one day refers to one day of tours, not the duration of working together. This statement reflects a typical client experience and is not a guarantee of specific timeframes or outcomes.

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Tristen Heimann is a real estate agent with Luxury Living. Luxury Living is a licensed real estate brokerage located at 405 W Superior St #415, Chicago, IL 60654. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in status, or condition. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.

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