Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly

Location

S Michigan Ave #1505, Chicago, IL 60605, USA|South Loop

Tour S Michigan Ave #1505

Contact

Brigitte Reyes

Michael Scavo Group - Compass

(773) 876-2744

Amenities for S Michigan Ave #1505, South Loop

Appliances

In-Unit Laundry

Building

Cats OKDogs OK
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

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About S Michigan Ave #1505

HomeApartments in ChicagoSouth Loop S Michigan Ave #1505, Chicago, IL 60605, USA

S Michigan Ave #1505 cost $2,512 per month. A couple amenities for this apartment include but are not limited to: in-unit laundry. Located at S Michigan Ave #1505, Chicago, IL 60605, USA, this unit has 1 bedroom and 1 bathroom. Based on the average rent price of 1 bedroom in Chicago, renting this apartment is 13% more expensive per month.


S Michigan Ave #1505 is great for:

Pet owners

  • 6 dog parks within 1 mile
  • 6 pet grooming services nearby
  • 6 pet hospitals in the area
  • 13 pet supply stores near the property

Address details

NeighborhoodSouth Loop
Zip code60605
TypeApartment for rent

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Rent trends in South Loop

1-bedroom apartments at S Michigan Ave #1505 cost about 4% more than the average rent price for 1-bedroom apartments in South Loop.

Median rents as of Apr 18 2026.
South Loop
Chicago
A table of 1-bedroom apartment rental data trends in Chicago
MonthMedian Rent
May 2024$2,248
June 2024$2,337
July 2024$2,354
August 2024$2,210
September 2024$2,235
October 2024$2,200
November 2024$2,118
December 2024$1,961
January 2025$1,932
February 2025$1,991
March 2025$2,036
April 2025$2,050
May 2025$2,040
June 2025$2,012
July 2025$2,172
August 2025$2,064
September 2025$1,986
October 2025$1,940
November 2025$1,952
December 2025$1,950
January 2026$1,997
February 2026$2,041
March 2026$2,232
April 2026$2,218
A table of 1-bedroom apartment rental data trends in South Loop
MonthMedian Rent
May 2024$2,359
June 2024$2,326
July 2024$2,294
August 2024$2,297
September 2024$2,252
October 2024$2,272
November 2024$2,280
December 2024$2,207
January 2025$2,194
February 2025$2,212
March 2025$2,236
April 2025$2,288
May 2025$2,380
June 2025$2,364
July 2025$2,507
August 2025$2,429
September 2025$2,383
October 2025$2,321
November 2025$2,200
December 2025$2,232
January 2026$2,273
February 2026$2,324
March 2026$2,393
April 2026$2,430

Affordability calculator

Can I afford to live at S Michigan Ave #1505?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$100,480/yr

With your selected rent-to-income ratio, you'd ideally want to make $100,480 annually to afford this 1-bedroom monthly rent price of $2,512.
For more information on rent affordability, visit our rent calculator.

Schools near S Michigan Ave #1505

South Loop Elementary School

1212 s plymouth ct

chicago, IL, 60605

PK, K-8Public
B+

Bridgeport Child Development Center

3053 s normal ave

chicago, IL, 60616

PKPublic

Chicago Commons Guadalupano Family Center

1814 s paulina ave

chicago, IL, 60608

PKPublic

Ruben Salazar Bilingual Center

160 w wendell st

chicago, IL, 60610

PK, K-8Public
C+

Rudolph Elementary Learning Center

1628 w washington blvd

chicago, IL, 60612

PK, K-7Public
C+
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Internet available near S Michigan Ave #1505

Neighborhood

South Loop | Chicago, IL

NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.

Getting around Chicago near S Michigan Ave #1505

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for S Michigan Ave #1505, Chicago

Groceries

9/10
At least one supermarket within a 5-minute walk

Shopping

9/10
Wide variety of shops within a few minutes' walk

Cafes

8/10
Wide variety of cafés within a few minutes’ walk

Restaurants

9/10
Exceptional variety of restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

6/10
At least one high school within a 20-minute walk

Parks

9/10
Very large amount of park space within a few minutes' walk

Nightlife

10/10
Exceptional variety of bars right within a few minutes’ walk

Explore the area around S Michigan Ave #1505

Sky Grocer
1259 S Michigan Ave
Alfa Foods
1300 S Wabash Ave
Jewel-Osco
1224 S Wabash Ave
South Loop Market
1720 S Michigan Ave
Trader Joe's
1147 S Wabash Ave

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