Old Town Charm Meets Comfort in These One Bedroom Apartments

Why One Bedroom Apartments in Old Town Chicago Are Perfect for Urban Living

One bedroom apartments in old town chicago offer the perfect blend of historic charm and modern convenience for urban professionals. With Victorian-era architecture, tree-lined streets, and a vibrant nightlife scene, Old Town has become one of Chicago's most sought-after neighborhoods for young professionals.

Quick Facts About Old Town One Bedroom Apartments:

• Average Rent: $2,875 per month
• Price Range: $1,125 to $3,195 monthly
• Average Size: 702 square feet
• Popular Buildings: 1225 Old Town, Cobbler Square Lofts, 1250 LaSalle
• Walk Score: 98 out of 100 (Walker's Paradise)
• Transit Access: Red, Brown, and Purple Lines within walking distance

Old Town attracts renters with a median age of 33 and median household income of $99,000. The neighborhood survived the Great Chicago Fire of 1871, preserving its historic character while adding modern amenities.

"Old Town may be one of Chicago's oldest neighborhoods, but its charm, style and edge make this one of Chicago's most special gems," according to local real estate professionals.

Most one bedroom units feature modern high-rises, vintage courtyard buildings, or converted lofts with amenities like in-unit laundry, fitness centers, and pet-friendly policies. The area offers easy access to Wells Street boutiques, Second City comedy club, and downtown Chicago - just 9 minutes by bus.

Why Rent One Bedroom Apartments in Old Town Chicago?

If you're hunting for the perfect urban home, one bedroom apartments in old town chicago deliver everything you could want in a neighborhood. Picture this: Victorian-era buildings with gorgeous terracotta facades standing proudly next to sleek modern high-rises, all connected by tree-lined streets that somehow survived the Great Chicago Fire of 1871.

The numbers tell a compelling story. These apartments typically offer around 702 square feet of living space, giving you room to breathe without paying for space you don't need. The neighborhood attracts young professionals with a median age of 33 and solid incomes, creating a vibrant community where you'll find like-minded neighbors who appreciate both historic charm and modern convenience.

What makes Old Town special is its incredible variety of housing options. You might fall in love with a modern high-rise offering panoramic city views and luxury amenities, or perhaps a Victorian courtyard building with original hardwood floors and crown molding speaks to your soul. Then there are the converted lofts with exposed brick walls and soaring ceilings that reach up to 20 feet high – perfect for anyone who wants their home to feel like a work of art.

The demographic mix creates something magical. When you have thousands of young professionals who value both history and innovation living in one compact area, you get a neighborhood that's constantly buzzing with energy while maintaining its sophisticated character.

Cost Snapshot of One Bedroom Apartments in Old Town Chicago

Let's talk money – because we all need to know what we're working with. The beauty of Old Town's rental market lies in its range of options. You'll find everything from budget-friendly units in older buildings with classic charm to premium spaces with concierge services and rooftop access.

Move-in specials pop up regularly, especially during Chicago's less popular moving seasons. Smart renters often score deals like waived application fees or other perks by timing their search strategically.

Here's where it gets interesting: some buildings include utilities like heat, water, and trash removal in your monthly rent, while others charge separately. This can significantly impact your actual monthly housing costs, so always ask for the full breakdown.

The furnished versus unfurnished decision often comes down to your lifestyle. Short-term furnished options exist but cost more, while traditional unfurnished units give you the freedom to make the space truly yours.

Space & Style: Typical Layouts for One Bedroom Apartments in Old Town Chicago

One bedroom apartments in old town chicago typically span 620 to 800 square feet, though some converted lofts stretch beyond 1,000 square feet. The magic happens in how these spaces are designed.

Modern units accept the open-concept philosophy that makes every square foot count. You'll find kitchens with quartz countertops and stainless steel appliances flowing seamlessly into living areas with floor-to-ceiling windows. Many units feature private balconies or patios where you can sip your morning coffee while watching the neighborhood wake up. The panoramic city or lake views from high-rise buildings never get old.

Historic buildings offer a completely different kind of charm. Original hardwood flooring runs throughout these spaces, complemented by vintage details like crown molding and built-in shelving that modern builders just don't create anymore. Some converted buildings feature unique architectural elements – imagine exposed brick walls or original chalkboards from when the building served as a school.

The high ceilings in these historic spaces range from 9 to 20 feet, creating an airy feeling that makes even smaller apartments feel spacious. It's all about finding the right balance between historic character and modern functionality that fits how you actually live.

Amenities & Building Perks That Make Old Town Stand Out

The competition among Old Town apartment buildings has created a golden age for renters. One bedroom apartments in old town chicago come packed with amenities that would have been considered luxury just a few years ago.

In-unit laundry has become the new standard, and honestly, once you've had your own washer and dryer, there's no going back to hauling laundry baskets down hallways. Most buildings now include full-size units, not those compact stackable ones that take three cycles to dry a pair of jeans.

Fitness centers have evolved far beyond a lonely treadmill in a basement room. Many buildings now feature yoga studios, group fitness classes, and equipment that rivals commercial gyms. Some even offer virtual training sessions and wellness programs that make maintaining your fitness routine surprisingly convenient.

The real showstoppers are the rooftop amenities. Picture this: after a long day, you head up to a rooftop pool with panoramic city views, fire pits for cooler evenings, and grilling areas perfect for weekend gatherings. These spaces naturally become community hubs where neighbors actually get to know each other.

Remote work has transformed building amenities in unexpected ways. Coworking lounges, private conference rooms, and business centers have become essential features. Many buildings now offer high-speed internet throughout common areas, printing facilities, and quiet zones designed specifically for video calls.

Pet-friendly policies vary widely, but most buildings welcome both cats and dogs with reasonable restrictions. Some properties go above and beyond with dog parks, pet washing stations, and even pet-sitting services. Because let's face it, your furry roommate deserves amenities too.

Parking remains a premium feature in Old Town, with monthly fees typically ranging from the mid-200s to low-300s. The newer buildings often include electric vehicle charging stations and bike storage rooms for eco-conscious residents.

ARO (Affordable Rental Options) units provide opportunities for moderate-income renters to live in the same buildings with identical amenities as market-rate units. These programs help maintain Old Town's diverse community character.

For more insights into luxury apartment living, explore our guide to Luxury Apartments in Chicago. You can also browse current options at the Old Town Chicago apartment market.

Pet & Parking Policies in One Bedroom Apartments in Old Town Chicago

Pet policies in Old Town buildings follow fairly predictable patterns, though the details matter when you're planning your move. Most buildings welcome both cats and dogs, with weight limits typically set between 50-75 pounds. Breed restrictions often exclude certain dogs that insurance companies consider high-risk.

The financial side usually includes one-time pet deposits ranging from a few hundred dollars, plus monthly pet rent that can add up over time. Most buildings limit residents to two pets maximum, which seems reasonable for a one-bedroom space.

Some buildings require pet interviews or documentation of vaccinations and training. It might sound formal, but these policies help ensure all residents - both two-legged and four-legged - get along well.

Parking costs depend on what type of space you need and where it's located within Old Town. Surface lot parking typically costs less than covered garage spaces, with monthly fees varying based on building amenities and location convenience.

Street parking requires city permits and involves competition for spaces, especially during neighborhood events. The permit process is straightforward, but finding available spots can be challenging during peak times.

Pro tip: Factor parking costs into your monthly budget from the start, as they can add a significant amount to your housing expenses.

Utilities, Internet & Smart-Home Features

Most Old Town buildings include basic utilities like heat, water, sewer, and trash removal in your monthly rent. This approach simplifies budgeting and eliminates the hassle of setting up multiple utility accounts when you move in.

High-speed fiber internet has become standard across the neighborhood, with many buildings offering speeds that support multiple devices streaming simultaneously. Some properties include internet service in the rent, while others give residents the flexibility to choose their preferred provider.

Smart-home features are increasingly common and genuinely useful. Nest thermostats let you control your apartment's temperature from anywhere, while smart locks and keyless entry systems eliminate the worry of losing keys. Package lockers with smartphone notifications solve the age-old problem of missed deliveries.

Many buildings now offer app-controlled building access and amenity reservations, making it easy to book the conference room for that important video call or reserve your spot at the rooftop grilling area for weekend plans.

These technological touches appeal to residents who value convenience and connectivity, making daily life just a bit smoother in the heart of the city.

The Renting Process: From Application to Lease Signing

Finding your perfect one bedroom apartments in old town chicago is just the beginning. The application process moves fast in this competitive market, so being prepared makes all the difference.

Most buildings charge application fees between $50 to $60, which covers credit checks, background screening, and administrative costs. While nobody loves paying fees, think of it as your ticket to the screening process.

Getting your paperwork ready ahead of time puts you ahead of other applicants. You'll need a government-issued photo ID, proof of income like recent pay stubs or an employment letter, and your rental history with references. Background check authorization is standard, so don't worry if they ask for it.

The income requirements follow Chicago's typical pattern. Most landlords want to see monthly earnings of 2.5 to 3 times the monthly rent. This ensures you can comfortably afford the apartment while covering your other expenses.

Digital leasing has changed everything for the better. Many Old Town buildings now offer online applications, virtual tours, and electronic lease signing. You can literally tour an apartment, apply, and sign a lease without leaving your current home. This speed becomes crucial when multiple people want the same unit.

Standard lease terms typically include 12-month agreements, though some buildings offer 15 and 18-month options with rent concessions. Short-term furnished options exist but come with premium pricing and may require corporate guarantees.

Security deposits usually equal one month's rent, though some forward-thinking buildings offer alternatives like deposit insurance or installment payment plans. These options help with move-in costs, which can add up quickly.

The key to success is having everything ready before you start looking. When you find the right place, you want to move quickly and confidently.

How to Score Deals on One Bedroom Apartments in Old Town Chicago

Smart timing can save you serious money on one bedroom apartments in old town chicago. The best deals typically surface during Chicago's winter months from December through February, when demand naturally drops. Landlords often sweeten the pot with free rent, waived fees, or reduced deposits during these slower periods.

Referral programs offer another path to savings. Many buildings reward current residents for successful referrals, and some share these benefits with new tenants. It never hurts to ask if referral discounts are available.

Technology becomes your best friend in deal hunting. Setting up saved search alerts on rental websites means you'll catch new listings immediately, often before they hit the broader market. Using commute-time mapping tools helps expand your search radius to include buildings you might have overlooked.

Consider slightly older buildings or units on lower floors, which often rent for less while providing the same neighborhood access and charm. Sometimes the best deals hide in plain sight.

Following building social media accounts can reveal flash promotions or last-minute availability. Property managers sometimes announce deals on Instagram or Facebook before updating their websites.

The winter months truly offer the best opportunities. While apartment hunting in February might not sound appealing, the potential savings make it worthwhile. Plus, you'll have less competition from other renters.

For more apartment hunting strategies and tips, explore our comprehensive guide to Chicago Apartments for Rent.

Lifestyle, Location & Getting Around Old Town

Living in one bedroom apartments in old town chicago means embracing one of the city's most walkable neighborhoods. With a Walk Score of 98 out of 100, you can grab groceries, meet friends for dinner, or catch a show without ever needing a car. The neighborhood's impressive Bike Score of 93 reflects the excellent cycling infrastructure, including easy access to Chicago's scenic Lakefront Trail.

Getting around Old Town couldn't be easier. The Red Line at Clark/Division whisks you downtown in under 15 minutes, while the Brown and Purple Lines at Sedgwick and Chicago stations provide additional options. Multiple bus routes connect you to other neighborhoods, and here's the real kicker – your commute to Chicago's Loop takes just 9 minutes by bus.

If you're driving, Lake Shore Drive provides quick access north and south along the lakefront. Just remember to factor parking costs into your monthly budget, as street parking can be competitive during popular events.

Wells Street serves as the neighborhood's busy main drag, packed with boutiques, restaurants, and bars that give Old Town its distinctive character. The legendary Second City comedy club anchors the entertainment scene, while North Avenue Beach offers lakefront recreation just a short stroll away.

Safety feels natural here thanks to well-lit streets, active neighborhood watch programs, and regular police patrols. The constant foot traffic and numerous businesses create a natural sense of security that residents appreciate.

The historic architecture truly sets Old Town apart. Victorian-era buildings with original terracotta facades stand proudly alongside modern high-rises, creating visual interest while preserving the neighborhood's heritage. You'll spot original details like crown molding, hardwood floors, and decorative stonework that tell the story of Chicago's past.

The annual Old Town Art Fair transforms the entire neighborhood into a massive outdoor gallery and festival, drawing visitors from across the region. This beloved event perfectly captures the community spirit that makes Old Town such a special place to call home.

Neighborhood Vibe Around One Bedroom Apartments in Old Town Chicago

The tree-lined streets create an almost village-like atmosphere despite the urban energy. Historic brick alleyways and Victorian architecture provide picture-perfect backdrops for daily life – your Instagram feed will thank you.

The café culture thrives here, with local favorites like Elaine's Coffee Call and La Fournette creating cozy gathering spots where neighbors naturally connect. These aren't just places to grab your morning coffee; they're part of the neighborhood's social fabric.

Beyond the famous Second City, comedy clubs like Zanies ensure there's always something to laugh about. The concentration of entertainment venues makes Old Town a destination for nightlife, not just a place to rest your head.

Community events throughout the year bring residents together in meaningful ways. From outdoor movie screenings in nearby parks to festive holiday celebrations, there's always something happening to strengthen neighborhood bonds.

How Old Town Compares to Nearby Neighborhoods

Understanding Old Town's position relative to neighboring areas helps paint a clearer picture of what makes it special.

Lincoln Park offers a more family-oriented atmosphere with larger parks and generally lower rents. While you might save money on rent, you'll sacrifice some of Old Town's vibrant nightlife and historic character.

Gold Coast represents the luxury end of the spectrum, with higher price points but also more upscale amenities and shopping. The neighborhood feels more formal and less community-oriented than Old Town's welcoming vibe.

River North provides a business district atmosphere with newer high-rises and corporate housing options. While convenient for downtown workers, it lacks Old Town's historic charm and established neighborhood personality.

Old Town strikes the perfect balance between these extremes. You get historic character, vibrant nightlife, and reasonable access to downtown without the premium pricing of Gold Coast or the corporate feel of River North. It's a neighborhood that manages to feel both sophisticated and approachable – a rare combination in any city.

Frequently Asked Questions about One Bedroom Apartments in Old Town Chicago

What is the average rent and size for a one bedroom in Old Town?

One bedroom apartments in old town chicago typically offer around 702 square feet of living space, though you'll find units ranging from cozy 620-square-foot spaces to more spacious 800+ square foot layouts. The variety means there's likely something that fits your lifestyle, whether you prefer a minimalist setup or need room for a home office.

Rent prices vary significantly based on several factors. Building age and condition play a major role - those charming Victorian walk-ups with original hardwood floors might cost differently than sleek modern high-rises. Amenities like doorman service, fitness centers, and rooftop access can bump up monthly costs, while floor level and stunning city or lake views often command premium pricing.

Parking availability affects your total housing budget since not all buildings include it. Similarly, pet policies can impact costs if you have furry roommates, as pet-friendly buildings sometimes charge additional fees.

The wide range in pricing reflects Old Town's diverse housing stock - from converted lofts with exposed brick to luxury towers with concierge services.

Are utilities and internet typically included in the monthly rent?

Most Old Town buildings make life easier by including basic utilities like heat, water, sewer, and trash removal in your monthly rent. This simplifies budgeting and eliminates the hassle of setting up multiple utility accounts when you move in.

However, you'll typically need separate accounts for electricity and gas, especially if you have in-unit climate control or cooking preferences that affect usage. These costs vary seasonally, with Chicago's harsh winters potentially driving up heating bills.

Internet service varies significantly between buildings. Some luxury properties include high-speed fiber internet as part of the rent, while others provide the infrastructure but let you choose your own provider. Many buildings offer speeds up to 1 gigabit, which is excellent for remote work or streaming.

Always clarify what's included during your apartment tour to avoid surprise bills. Property managers are usually upfront about these details, and it's better to ask questions early than find hidden costs after signing your lease.

What pet restrictions should I expect?

Pet policies in Old Town buildings follow fairly standard patterns, though each property sets its own rules. Weight limits of 50-75 pounds for dogs are common, which works well for most breeds while keeping larger animals in check for apartment living.

Breed restrictions often exclude certain types that insurance companies consider high-risk, such as pit bulls or rottweilers. Don't take this personally - it's usually an insurance requirement rather than a reflection of your pet's actual temperament.

Most buildings allow a maximum of two pets per unit and require pet deposits ranging from a few hundred dollars plus monthly pet rent. Some properties also ask for vaccination records and training documentation to ensure your pet is well-socialized for apartment living.

Pet interviews might sound intimidating, but they're usually just a chance for property managers to meet your furry friend and confirm they're apartment-appropriate. Some buildings even offer designated pet relief areas or dog parks, making city living more convenient for pet families.

The key is being upfront about your pets during the application process. Trying to sneak in an undisclosed pet almost always backfires and can result in lease violations or eviction.

Conclusion

One bedroom apartments in old town chicago offer an unbeatable combination of historic charm, modern amenities, and urban convenience. From Victorian-era buildings with original architectural details to modern high-rises with panoramic city views, the neighborhood provides housing options that suit diverse preferences and budgets.

The area's appeal to young professionals stems from its incredible walkability, vibrant nightlife, cultural attractions, and excellent transportation connections. With a Walk Score of 98 and multiple transit options, residents can easily steer the city while enjoying the neighborhood's unique character.

The rental market offers flexibility with options ranging from budget-friendly units to luxury apartments with premium amenities. The key is understanding what amenities and features matter most to your lifestyle and finding the right balance between cost and convenience.

At The Wilmore Apartments by Flats®, we understand the appeal of historic neighborhoods like Old Town. While we're located in vibrant Uptown Chicago, we offer the same blend of modern luxury and urban convenience that makes Old Town so desirable. Our high-end amenities and ARO affordable rental options provide exceptional value in our prime location.

Whether you choose Old Town's historic charm or explore other Chicago neighborhoods, the best apartment is one that fits your lifestyle, budget, and long-term goals. Take time to visit multiple properties, understand lease terms completely, and don't hesitate to negotiate on move-in specials or amenities.

Your next step? Start your apartment search during the winter months for the best deals, set up saved search alerts, and visit properties in person to get a feel for the neighborhood vibe. Old Town's tree-lined streets and historic architecture create a special atmosphere that's hard to capture in photos alone.

For those interested in exploring luxury living options beyond Old Town, we invite you to find our luxury one bedroom apartments in Uptown Chicago, where modern design meets urban convenience in one of Chicago's most dynamic neighborhoods.