Around 2,679,080 residents live in Chicago, which shows it’s a popular city to move to.
The Windy City is renowned for its bustling vibe, affordable properties, and rich cultural heritage. But aside from that, it’s important to learn more about what life is like there before moving. Perhaps you’re about to take the plunge and you want to expand your knowledge of this fantastic place.
Sounds like you? Don’t worry, you’ve come to the right place. Here’s everything to know about Chicago housing and moving to this city.
1. Choose the Right Neighborhood
When browsing houses for rent in Chicago, it’s important to consider the neighborhood as each one has a distinct unique selling point. For instance, the North has Wrigleyville and is lively, thanks to the gigs and baseball games.
Or, if you’re after an eclectic atmosphere, then search properties in the West Side where you’re surrounded by street art and the best restaurants in the city. And there’s the South Side where there’s an array of cultural features that is the lifeblood of Chicago.
For instance, the most popular neighborhoods include Buckton, Wicker Park, and Hyde Park. It’s best to book a weekend trip so you can familiarize yourself with the city and decide which part suits you best.
2. Renting or Buying Is Affordable
Aside from storage, you must also consider the price of living in Chicago. Compared to the East or West Coast, this city offers plenty of bargains, regardless of which neighborhood you choose. For instance, the average home price is around $330,000 while renting costs around $1,635.
3. Choose Small Downtowns Over Suburbs
Families who want a Chicago house in the suburbs should find one that’s like a small downtown. These are more self-sustaining so residents can access amenities you usually associate with the main city. For instance, Evanston, Naperville, and Buffalo Grove are perfect if you’re set on moving to Chicago.
4. Homes With Outdoor Space Is More Desirable
People who want Chicago living are also looking for larger square footage and outdoor space. This has been accelerated by the COVID-19 pandemic, where homeowners want room for a home office or a virtual classroom. Because of this, there will be competition to find properties that offer both so it’s important to act fast.
5. More High-Rise Apartments Are Available
Since 2020, many residents have left studio apartments and tall buildings, which means you can find many at an affordable rate. Contact your local real estate agent as many property managers are offering deals to get these homes filled. But these deals aren’t expected to last forever, so act quickly.
Familiarize Yourself With Chicago Housing Today
Hopefully, after reading this article, you know everything about Chicago housing.
It’s important to find the perfect neighborhood for your needs, find suburbs that offer amenities, and consider choosing high-rise homes if you want an affordable price. Luckily, Chicago is affordable so it’s possible to find the property of your dreams without breaking the bank. Good luck!
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