Student Housing in Chicago
Looking to stay July-September on a budget of $1600. Any luck with anything near the Loop? Not making much this summer...
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Based on the most helpful WSO content, finding housing near the Loop on a $1600 budget for July-September is possible, but it may require some strategic planning. Here are some tips:
Subletting from UChicago Students: Many UChicago students sublet their apartments during the summer, especially since many work in NYC or SF. This creates a "buyer's market" for sublets, and you can find super nice apartments at reasonable prices.
Shared Apartments: Splitting a 2-bedroom or 3-bedroom apartment with roommates can help you stay within your budget. For example, some IB analysts have reported paying $1600 for a split in luxury buildings in the Loop or River North.
Neighborhoods to Consider:
Avoid Overpaying: Some analysts suggest avoiding luxury studios or 1-bedrooms that exceed $2200. Instead, aim for shared spaces or sublets to maximize value.
Platforms to Explore: Check out Zillow, Craigslist, or local university housing boards for sublets and shared apartments.
With some effort, you should be able to find a suitable option near the Loop within your budget.
Sources: IB analysts Chicago rent, Where to live in Chicago as SA 2021
Bump, similar situation
What period are you staying there?
~6/1–8/14
1600/month? or for the whole summer? You can try subletting from a UChicago student. There is a train that takes you downtown in 20 min from there.
Del
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