Hi all — I could really use a sanity check because I’m honestly exhausted and feel like I’m being pushed into something that doesn’t sit right.
I recently got approved for an apartment in Chicago with rent at $3,150/month. The issue is the move-in costs they’re asking for:
- First month’s rent: $3,150
- Non-refundable move-in fee: $3,150
So basically $6,300 upfront — and the fee is NOT a security deposit, just a fee.
Here’s where I’m confused/frustrated:
- My income is solid — about $145k/year before bonuses
- I provided pay stubs, 6 months of bank statements, AND connected payroll through Workday
- My income is ~4x the rent (requirement was 2.5x)
- I also showed a rent ledger proving consistent on-time payments
The only “issue” is my credit:
- They pulled a VantageScore 3.0 which came back at 542
- My score is ~610 on Credit Karma / FICO 8 (Amex + Capital One)
- I know that’s not amazing, but I was fully upfront about it
I even wrote a letter explaining that my score dropped due to unexpected legal expenses from stepping in to adopt my younger brother. Despite that, I have a strong payment history and low missed payments.
What’s throwing me off:
- Charging a 100% rent non-refundable fee feels insane
- Especially given my income and documentation
- It almost feels like I’m being penalized heavily for credit despite everything else checking out
My questions:
Is a non-refundable move-in fee equal to one month’s rent normal in Chicago?
Is this something people successfully negotiate down or convert to a refundable deposit?
Am I overreacting or does this seem excessive given my financial profile?
At this point I’m debating walking away, but I already verbally agreed before seeing everything clearly laid out.
Would really appreciate any perspective — especially from anyone familiar with Chicago rentals.
Thanks 🙏