I live in the suburbs of Chicago, and recently, after 11 years in the same apartment building, my husband and I re-entered the renter’s market.
When we first began renting at our last apartment, the two bedroom apartment was a bit too big for us. Three kids later, we were bursting at the seams.
However, we were shocked to see that 3 bedroom apartments in our location rent for $1,300 to $1,800 a month. Houses can rent for as much as $2,500 to $2,800 a month.