Chicago is a bustling city with a thriving business scene, making it a popular destination for corporate travelers. However, finding suitable furnished apartments in Chicago for an extended stay can be a challenge. Many companies and individuals turn to corporate housing as a solution, but the question remains: how much does corporate housing in Chicago actually cost? In this article, we will explore the pricing of corporate housing in Chicago and provide some tips for finding the best executive housing for your needs.
What is Corporate Housing?
Before we dive into pricing, it’s important to understand what corporate housing is. Corporate housing is a type of temporary housing that is fully furnished and equipped with all utilities for a comfortable stay. It is typically used by business travelers, relocating employees, and individuals needing extended stay accommodations. Corporate housing offers a more home-like experience than traditional hotels, making it a popular choice for those staying in a city for an extended period.
Pricing for Corporate Housing in Chicago
The cost of corporate housing in Chicago can vary depending on a few factors, such as location, length of stay, and amenities included. On average, a one-bedroom corporate housing apartment in Chicago can range from $130 to $200 a day. This may seem like a steep price, but it is important to consider the benefits and cost savings compared to staying in a hotel for an extended period.
Factors Affecting Pricing
As mentioned, the location of the corporate housing apartment can greatly impact the price. Apartments in popular areas such as downtown Chicago or near major business districts will typically be more expensive. Additionally, the length of stay can also affect pricing. Some corporate housing providers offer discounts for longer stays, so it’s important to inquire about this when searching for housing. Also, we want to take into consideration between peak and non-peak seasons.
The size, floor plan, finishes, and amenities included in the apartment can also affect the price. Some corporate housing apartments may offer additional services such as housekeeping, parking, and access to fitness facilities. These added amenities can increase the overall cost, but they may also provide added convenience and comfort for the guest.
Tips for Finding Affordable Corporate Housing in Chicago
If you are looking for more affordable options for corporate housing in Chicago, here are a few tips to keep in mind:
- Consider the location carefully. Apartments in less popular areas may be more affordable.
- Look for discounts for longer stays.
- Consider sharing an apartment with a colleague to split the cost.
- Ask about any additional fees or charges that may not be included in the initial price quote.
In conclusion, the cost of corporate housing in Chicago can vary depending on location, length of stay, and amenities included. While it may seem expensive at first glance, it is important to consider the benefits and cost savings compared to staying in a hotel for an extended time. By keeping these factors in mind and following our tips, you can find executive housing in Chicago for your next business trip or extended stay.