At The Apartment Source, we have many ways of compiling data to ensure all of our landlords have their investments priced correctly. Through our proprietary marketing and large referral networks, we often provide our clients with rents above the average rate of the neighborhood. In order to increase exposure and maximize investments, landlords should list with The Apartment Source, not just an MLS broker.
Below are the average rents and amount of units rented on the MLS versus our internal database. This is based on the past 24 months in our home neighborhood, Logan Square.
1 Bedroom 1 Bath:
- MLS Average – $1363 (157 Units)
- TAS Average – $1373 (250 Units)
2 Bedroom 1 Baths:
- MLS Average – $1578 (564 Units)
- TAS Average – $1687 (158 Units)
3 Bedrooms 1 Baths:
- MLS Average – $1804 (213 Units)
- TAS Average – $1986 (71 Units)
While we utilize the MLS, The Apartment Source doesn’t solely rely on it. Our model allows us to provide landlords with Less Vacancy, Stronger Rents, and Happier Tenants. Contact our Landlord Services Department today to ensure your properties are priced correctly to maximize your investment.
The Apartment Source | Landlord Services Department
773.404.9900 or Info@ApartmentSourceChicago.com