Chicago renters are getting into bidding wars when looking for housing

Some renters are paying over $500 per month over asking price

Man walks by for rent sign
AP Photo/Jeff Chiu / Associated Press
Man walks by for rent sign
AP Photo/Jeff Chiu / Associated Press

Chicago renters are getting into bidding wars when looking for housing

Some renters are paying over $500 per month over asking price

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A recent story published by Block Club Chicago details prospective renters finding themselves in bidding wars just to find an apartment or condo.

Reset talks with the journalist behind the story and a real estate agent to make sense of the current rental market in Chicago.

GUEST: Tim Brent, real estate agent for Baird and Warner, Mina Bloom, Block Club Reporter covering Logan Square, Avondale and Humboldt Park