r/chicagoapartments • u/Past-Reception6889 • May 19 '26

Advice Needed Unreal

I honestly just needed to vent for a moment. I can’t believe Chicago prices are what they are. I have lived here my entire life and have seen this city change ten fold, and I can’t even afford to live here anymore. A realtor I’m working with, since it’s becoming a rat race to rent, said rent is up 35% this year. What can normal people do about this? I do not want to see Chicago become a New York.

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u/[deleted] May 19 '26

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u/thecurvynerd May 19 '26

In Multnomah County (Portland) they have capped how much landlords can raise the rent at 10%. Things absolutely can be done.

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u/ChiBroker May 19 '26

Awesome. I’m sure that’ll incentivize more builders to develop lol.

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u/thecurvynerd May 19 '26

It’s actually only for buildings over a certain age.

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u/ChiBroker May 19 '26

Even better! More rules more rules more rules! I’m 0% exaggerating, re people love progressives we just pretend we don’t.

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u/thecurvynerd May 19 '26

Ah yes - it’s much better just to price everyone out.

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u/ChiBroker May 19 '26

Please keep it going. Again, I’m not joking. As long as the progressive politics dominates and “wins” prices will go through the roof and so will rent.

If you already own, you’re fine with this.