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Chicago suburbs appeal to Gen Y apartment renters

Though big fans of urban dynamics, plurality of entertainment options and variety of cultural experiences, many millennials have recently shifted attention to suburban living. Young renters value city life above all else up to a point; as you get older, get a good job or engage in a steady relationship,  living in a 500 sq. foot apartment in the city seems all of a sudden less appealing than a 20-minutes longer commute.

Often referred to as the most mobile group of Americans in the U.S., Gen Y-ers follow the jobs trail as well as educational opportunities in the next hometown selection process. As a highly developed and diversified cultural hub, Chicago is a top choice for a lot of millennials. But with an increased demand in urban living and a shortage of new developments and open units available to tenants, Chicago rents continue to surge. At the current moment, suburban style apartments seem much more suitable for the renters’ pockets. Living in the suburbs generally means more space for less money, and that’s incredibly appealing to young adults in their twenties who seek both convenience and lifestyle in their housing options.

Life is extremely interesting in and around the Windy City and Naperville, Evanston, Wilmette and generally all suburbs north of Chicago are great places to call home. While Naperville is most famous for its vibrant nightlife and upscale shops, Wilmette and Evanston enchant through the beauty of the magnificent outdoors.

Extremely diverse in terms of demographics, shopping destinations and cultural experiences and only 12 miles north of downtown Chicago, Evanston is like a mecca for young professionals, families, students and teachers alike. In addition to being home to the acclaimed Northwestern University, Evanston boasts an amazing lakefront attracting both locals and visitors with a multitude of outdoor activities available just minutes away from great apartment rentals. Housing here ranges from single-family homes and town-homes to apartment buildings and condominiums at lower rates, making Evanston a much coveted relocation destination.

 

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Amalia Otet
Amalia Otet is an online content developer and creative writer for RENTCafé. She loves all things real estate and strives to live beautifully, one green step at a time.

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