Market Conditions: Downtown Apartment Rents Expected to Rise in 2022

Dec 21, 2021 |

In 2020, when the pandemic hit, thousands moved out of downtown Chicago, leaving apartment buildings with their lowest occupancy rate in decades. Some buildings offered up to 4 months free rent to lure renters back. Apparently, it worked. Those deals are long gone now. According to Integra Realty Resources, downtown apartment occupancy rates jumped to […more]

Posted in: Chicago

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