Living the micro life: Tiny apartments getting more popular in Chicago

Chicago tied for Manhattan for 2nd-smallest average apartment size in the country: report

TRD CHICAGO /
Apr.April 07, 2019 02:00 PM

Apartments inside Lawrence House (Credit: Lawrence House)

Chicago apartments are getting tinier.

The city tied with Manhattan for second-smallest average apartment size in the country, at 733 square feet, according to a RentCafe study cited in the Chicago Tribune. Seattle came in first, with an average of 711 square feet per unit.

Rentals are shrinking across the country, according to the report. New apartments delivered nationwide last year measured 941 square feet on average, about 5 percent smaller than they did a decade earlier.

The “micro-apartment” trend has especially caught on in Chicago, where Cedar Street Companies advertises studios measuring less than 300 square feet each at its redeveloped Lawrence House complex. Rents start at $1,100 per month, according to its website.

At CA Ventures’ SONU Digs on the Near North Side, units start at 336 square feet, and Lincoln Property Residential’s Gateway West Loop has studios starting at 399 square feet.

About 9,500 new apartments are scheduled to come online across the Chicago area this year, holding down rent growth throughout the region.[Chicago Tribune] — Alex Nitkin


Related Articles

arrow_forward_ios
2537 North Pulaski Road in Logan Square (Credit: Google Maps)

‘Hipster’ concert venue will cause gentrification, Logan Square activists claim

Realogy CEO Ryan Schneider (Credit: iStock)

Realogy’s plan to stop the iBuyers from gaining a foothold in Chicago

City to redevelop land near 95th Red Line Station, Chicago’s slumping housing market gets slight reprieve: Daily digest

City to redevelop land near 95th Red Line Station, Chicago’s slumping housing market gets slight reprieve: Daily digest

From left: One Bennett Park, 403 North Wabash Avenue, 1109 West Washington Boulevard (Credit: Related and Redfin)

Here are the priciest home sales in Chicago last week

Chicago ultra-luxury homes see major price cuts, more Sears closings: Daily Digest

Chicago ultra-luxury homes see major price cuts, more Sears closings: Daily Digest

Homes in Chicago's Archer Heights neighborhood (Credit: iStock)

Chicago Cheat Sheet: Chicago home value growth hits 3-year low, another suburban corporate exodus…& more

Michael Larsen and an aerial view of Chicago (Credit: Linkedin, iStock)

Amid Chicago’s luxury housing market lull, there is life in Winnetka

Alderman Roberto Maldonado (26th) and the 606 trail (Credit: Facebook, David Wilson via Flickr)

Alderman wants to downzone properties near the 606 to halt development frenzy

arrow_forward_ios