Friday, November 16, 2012

YoChicago Brings us a Good Picture of the South Loop Renters Market

We stumbled upon a great post from YoChicago recently and thought Sloopers would be curious to know what the rental market looks like.  While some of us are owners and some renters, it's always good to be informed on the real estate happenings in your hood.

They have a nifty spreadsheet that gives you some good perspective:
If you want to rent in the South Loop you can skip Craigslist and the apartment finders / rental services and check YoChicago’s South Loop availability list. 
There are only a dozen large apartment complexes in the South Loop, and we’ve listed all of them in this Google spreadsheet, and checked what’s available for rent, and what the rents are, in all of them. The spreadsheet is accurate as of the close of business yesterday. Rents listed are for 12-month leases for apartments available now through next month. All of the buildings accept cats and dogs subject, in some cases, to weight and breed restrictions.
We agree that Craigslist can be very misleading and borderline fraudulent.  However, if you're looking to find a unit that's not in one of the "large apartment complexes" you might have to brave Craigslist.


Joe Zekas said...

Thanks for noticing Yo.

When you get beyond the large apartment complexes almost everything else for rent in the South Loop will be listed in the MLS. Best to go there through one of the major brokerage sites than to frustrate yourself with Craigslist, in my take. At least you'll know who you're dealing with and get relatively accurate info.

H said...

We listed our rental on Domu. Great site, lots of responses and no spamming. There is a small fee to post as a landlord but renters can use it for free.

Anonymous said...

Nothing but fraudulent unhelpful "apartment finding" companies (Homescout Realty for example) post in Craigslist