Skip to main content

Tips to Attract Tenants in a Tough Chicago Market

Tips to Attract Tenants in a Tough Chicago Market

From the Loop's gleaming high-rises to the cozy, tree-lined streets of Lincoln Park, Chicago offers a vibrant mosaic of neighborhoods, each with its own unique charm and challenges.

As a property manager or landlord, you know that attracting tenants in such a competitive environment requires more than just listing a property - it's about creating a story that renters want to be part of.

So how do you go about it?

Let's go through our top property marketing to attract Chicago tenants.

Use Digital Marketing for Rentals

Using online platforms and digital marketing strategies is very important for attracting tenants, especially in a competitive Chicago rental market.

Develop a specific website for your rental property that includes detailed descriptions, high-quality photos, virtual tours, and contact information.

A well-designed website can serve as a central hub for all your marketing efforts. It provides potential tenants with easy access to all the information they need.

Build an email list of interested prospects and send regular updates about your property. Share information about available units, special offers, and neighborhood highlights. Personalized and informative email campaigns can keep potential tenants engaged.

Show Off Unique Features

Emphasizing what sets your rental apart from others can capture the interest of prospective tenants and make your property more desirable.

Highlight any modern amenities and recent upgrades in your property. This can include new appliances, energy-efficient windows, updated kitchen and bathroom fixtures, or smart home technology.

In an urban environment like Chicago, outdoor spaces are highly valued. If your property includes a balcony, patio, rooftop deck, or backyard, showcase these areas as ideal spots for relaxation and entertainment.

Pet-friendly rentals are in high demand. If your property allows pets, highlight this feature in your advertising. Mention any pet amenities you offer, such as a pet washing station, nearby parks, or a fenced yard.

Hire Property Managers

Don't be afraid to get some extra help. Property managers bring expertise in marketing rental properties effectively. They know how to create compelling listings, use high-quality photos, and leverage digital marketing strategies to reach a wider audience.

They handle the tenant screening process, ensuring that you get reliable and responsible tenants. This includes background checks, credit history evaluations, and verifying rental history.

Start a Tenant Referral Program

Word-of-mouth can be an incredibly powerful tool for attracting new tenants. Starting a tenant referral program is a strategic way to leverage the satisfaction of your current tenants to bring in new, reliable renters.

Offer appealing incentives to motivate your tenants to participate in the referral program. These incentives can include a rent discount for a month, gift cards, or cash bonuses. Ensure that the rewards are significant enough to encourage participation but still cost-effective for you as a property owner.

Use These Property Marketing to Your Advantage ASAP

With these property marketing tips, your properties will be full of top-quality tenants in no time.

Are you looking to hire Chicago-area property managers? Chicago Style Management works hard to ensure all of our clients have the success they deserve.

Contact us today.

back