Luxury "Below Market Rent" ARO Apartment Available. Must be income eligible. – photo 1

Luxury "Below Market Rent" ARO Apartment Available. Must be income eligible.

📍 3431 N Ashland Ave, 303 (Income limits apply, see desc. for details), Chicago, IL 60657

Monthly Rent

$1,839

Bedrooms

2 bd

Bathrooms

2 ba

Sq Feet

848 sq ft

📋 Property Overview

Monthly required bundled services fee: $160 (covers heat & cooking gas, hot water, water, sewer, trash, and internet). Utilities: Tenant pays electric separately. Eligibility (Income Limits Apply): Households must be income‑eligible under the City of Chicago Affordable Requirements Ordinance (ARO). 70% of Area Median Income maximum household incomes: - 2 persons: $68,040 - 3 persons: $...

🛡️ Renters Insurance — Estimated Cost

Estimated range for Illinois at $20,000 – $24,999 of personal property

$12–$15/ monthEstimate — not a quote

About $153–$175 a year.

Based on what Illinois renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 686,697 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

Compare what companies charge and get a real quote

🐾 Pets

  • Cats allowed
  • Dogs allowed

✨ Features & Details

  • Flat Rate for Water
  • Flat Rate for Gas
  • Hot Water
  • Trash
  • Sewer
  • Dishwasher
  • Refrigerator
  • Microwave
  • Full-Size Stacked Washer/Dryer
  • Stove
  • Cats allowed
  • Dogs allowed

❓ Frequently Asked Questions

$1,839

per month

Contact for availability
2 bd
2 ba
848 sq ft

Use the buttons at the bottom of the screen to schedule a tour or apply online. Applications are reviewed within 1–3 business days.

💬 Questions about this property?

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