Nearly one in five Millennials feel they will never own a home, and nearly 74% of renters between the ages of 24 to 39 attribute affordability as the primary prohibitor to purchasing, according to a recent survey by ApartmentList.com. When Chicago Tribune reporter Darcel Rockett wanted expert insight into how these statistics were playing out in the Chicago market, we connected her with Taylor Johnson client Downtown Apartment Company, a full-service brokerage working with over 200 apartment buildings in downtown Chicago. Ben Creamer, co-founder and managing broker, shared how rent concessions, lifestyle choices and Chicago’s relative affordability have spurred demand for rentals in the city. Read the full article, which appeared on the cover of the Tribune’s real estate section, to learn more about the pressures Millennials are facing in the homebuying market and why renting remains a popular option.

Millennials who want to rent enjoy a variety of options in Chicago, such as Porte (top) in the West Loop and Westerly in River West, both of which offer the flexibility and amenities popular with renters today.