Apartments for Cheap

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Your Questions About Studio Apartments In Chicago With All Utilities Included

January 13, 2013

Michael asks…

What are normal fees associated with renting an apartment?

I’m a college student living just north of Chicago and looking for an apartment for next year. I’ve found one I like, but I’m not sure if it really is a good deal or not. It is a studio, newly remodeled kitchen with new refrigerator, stove, dishwasher and granite counters, lots of closet space, and decent bathroom. It is priced at $875 with all utilities included except electricity. It is about 10 min. walk from campus. And, there is no security deposit. It all seems good until I started look at the fees the company charges:

- Administrative Fee: $100
- Co-Signor Fee: $50
- Move-In Fee: $150

Is this normal for renting an apartment? Or would I be getting cheated out of my money?

Your feedback is very much appreciated!
Well these fees are a one time thing. I’m not that far from Chicago, and from the things I’ve looked at online, this looks to be a pretty good price for the quality and location.

Administrator answers:

I’m a landlord myself and I’ve never heard of fees like that before. Are you sure this isn’t a scam? Did you find this place on Craig’s list? Not that all Craigslist listings are scams, but some of them are.

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