If you’re planning an extended stay in Chicago—whether for business, relocation, medical needs, or a long-term project—you may be wondering how much corporate housing actually costs. Hotels can feel cramped and expensive over time, and traditional leases lack flexibility. That’s why many companies and individuals choose corporate housing as a more comfortable, convenient, and cost-effective solution.
Below, we break down what you can expect to pay for corporate housing in Chicago, the factors that influence pricing, and tips for finding the best executive accommodations for your needs.
What Is Corporate Housing?
Corporate housing is a fully furnished, move-in-ready apartment designed for stays of 30 days or longer. These units typically include:
- Furniture, appliances, and housewares
- Linens, kitchenware, and starter supplies
- High-speed Wi-Fi and streaming-ready TV
- All utilities (electric, gas, water)
- In-unit washer/dryer
- Access to building amenities
Unlike hotels, corporate housing provides a home-like environment, offering privacy, space, and the ability to live more comfortably during an extended stay.
How Much Does Corporate Housing in Chicago Cost?
Corporate housing prices vary based on location, season, building type, and amenities. While rates shift throughout the year, the following ranges provide a realistic expectation for extended-stay furnished housing in Chicago:
Average Corporate Housing Costs:
- Studios: $120–$175 per day
- One-Bedroom Units: $140–$200 per day
- Two-Bedroom Units: $200–$350 per day
- Three-Bedroom Units: $300–$650 per day
While these numbers may seem higher than a standard apartment lease, corporate housing includes everything in one rate, eliminating the need for deposits, furniture purchases, utility activation, parking fees, or long-term commitments.
Over a full month, many guests find that corporate housing is more affordable than hotel stays, especially when factoring in the ability to cook meals, do laundry, and avoid additional hotel taxes and fees.
Key Factors That Influence Pricing
Several variables affect how much corporate housing costs in Chicago:
1. Neighborhood & Location
Apartments in high-demand areas—such as Streeterville, River North, the Loop, or near major hospitals—typically cost more. Proximity to business districts, transit, lakefront parks, and attractions also impacts pricing.
2. Length of Stay
Many providers offer reduced rates for longer stays, such as 90-day bookings. Month-to-month rentals usually carry higher daily pricing.
3. Peak vs. Non-Peak Seasons
Chicago’s busiest times include:
- Spring and summer (April–September)
- Major conventions
- Holiday and medical/travel seasons
Rates usually drop during winter months.
4. Apartment Size & Finishes
Luxury high-rise units with:
- Newer finishes
- Floor-to-ceiling windows
- Lake/skyline views
- Premium amenities
…will cost more than older or smaller buildings.
5. Included Services & Amenities
Corporate housing may include perks such as:
- Fitness centers
- Business lounges
- Rooftop decks or pools
- 24/7 concierge
- Package receiving
- Parking (Additional)
- Housekeeping (Additional)
More amenities = higher overall rate, but also greater comfort and convenience.
Tips for Finding Affordable Executive Housing in Chicago
If you want to keep costs manageable, here are smart strategies:
✔ Choose a neighborhood slightly outside prime zones
Areas just beyond the main downtown core often offer excellent value.
✔ Book longer stays
Ask about 90+ day pricing.
✔ Compare multiple buildings
Just a few blocks can make a significant difference in rate.
✔ Ask about all-inclusive pricing
Avoid surprise fees for parking, pets, cleaning, or community amenities.
✔ Work with a reputable corporate housing provider
Companies like Ryan Corporate Housing handle everything for you—furniture, utilities, service, maintenance, and building access—while offering premium units in top Chicago neighborhoods.
Final Thoughts
Corporate housing in Chicago offers a practical and comfortable alternative to hotels or rigid long-term leases. While pricing varies based on location, season, and apartment features, many guests find that the value, space, and convenience far outweigh the cost—especially for stays of 30 days or more.
If you’re planning an extended visit to Chicago and want a stress-free, fully furnished apartment experience, consider booking through Ryan Corporate Housing. You’ll enjoy premium executive apartments, flexible terms, and all-inclusive rates designed to make your stay as seamless as possible.
Ready to explore options?
Start your search today and experience Chicago the comfortable way. Contact RCH Now!
