Consider These Three Things Before You Rent a Furnished Apartment

Every year, we connect with professionals seeking assistance in finding the ideal place to call home. While the definition of a perfect apartment varies from person to person, certain factors remain consistently important. Whether it's hardwood floors, premium finishes, or a doorman and gym, individual preferences play a crucial role in the apartment hunt. Yet, a recurring question we encounter is, "Can I find a furnished apartment?" The answer is yes, but before you make that decision, here are three key considerations.

Price:

Cost is often the determining factor in choosing a rental apartment. Furnished options typically come with a significant premium. For instance, a furnished studio in downtown Chicago may start around $3,000, with larger units costing even more. These prices encompass furniture, utilities, and sometimes even linens and kitchenware, making them prevalent in luxury high-rises. However, there are more budget-friendly furnished options in older buildings, where rates align with aesthetics and age.

Pro tip: Explore varying price points with your Broker to discover hidden gems within your budget.

Amenities:

While amenities can enhance your living experience, it's essential to assess your lifestyle before choosing an amenity-rich building. Consider if you genuinely need a rooftop pool, balcony, or golf simulator. The rent disparity between buildings with extensive amenities & more straightforward options can be substantial. It's crucial to prioritize amenities that align with your lifestyle to make the most of your investment.

Privacy:

The aspect of personal space is often overlooked when renting a furnished apartment. Ask yourself if you truly need an entire apartment or if a shared living space is an option. Near our business districts, Chicago has a few shared living spaces that offer furnished options, often including all necessities. However, be prepared to share common areas like the bathroom and kitchen. Balancing the desire for personal space with budget considerations is key.

Bottom line: If you're seeking a hassle-free, plug-and-play apartment without the hassle of furniture purchase or moving, furnished options in Chicago are available.

Having assisted thousands in their apartment search, we know that it’s crucial to carefully evaluate not only your budget but also the inclusions offered. Renting an apartment can be challenging, especially with the added factor of furnishings, but with the right considerations, you can find the perfect furnished space. If you have any questions about the options mentioned or need assistance with apartment or condo-finding services, feel free to reach out – we're here to help.