Quick answer
One-bedrooms start at $2,676 at NEMA Chicago and $2,167 at Park Michigan — Park Michigan is the cheaper entry point. Studios start at $2,496 at NEMA Chicago and $1,795 at Park Michigan. NEMA Chicago lists 42 homes (20 available now); Park Michigan lists 20 (13 available now). NEMA Chicago charges a $75 application fee and a $500 administrative fee. Park Michigan charges a $50 application fee, with initial-term pet fees of $400 per dog and $200 per cat.
How we get these numbers
Gathered: every figure on this page comes from IQ Realtors's own rental database of real, currently listed homes in professionally managed Chicago buildings — the same verified data behind our search.
Verified: rents, availability and move-in specials are checked against each building's official leasing sources. Fees are published only where a verified fee sheet is on file — and where one is not, the page says so instead of guessing.
Fresh: this page was generated November 13, 2026 from that data, and pages are rebuilt as the underlying rents and specials change — the generation date is the freshness stamp.
NEMA Chicago and Park Michigan are both professionally managed buildings in South Loop — two towers a renter here is most likely to cross-shop. This is the side-by-side, from IQ Realtors's verified rental data.
How do rents compare at NEMA Chicago and Park Michigan?
| Building | Homes listed | Available now | From | Rent range | Average rent | Sq ft range |
|---|---|---|---|---|---|---|
| Studios | ||||||
| NEMA Chicago | 12 | 5 | $2,496 | $2,496–$2,949 | $2,677 | 482–585 |
| Park Michigan | 10 | 6 | $1,795 | $1,795–$2,079 | $1,923 | 555–575 |
| Convertibles | ||||||
| NEMA Chicago | No convertible homes with published rents in the current feed. | |||||
| Park Michigan | 1 | 1 | $2,108 | $2,108 | $2,108 | 570 |
| One-bedrooms | ||||||
| NEMA Chicago | 17 | 9 | $2,676 | $2,676–$3,233 | $2,985 | 580–706 |
| Park Michigan | 5 | 3 | $2,167 | $2,167–$2,338 | $2,218 | 620–704 |
| Two-bedrooms | ||||||
| NEMA Chicago | 10 | 3 | $4,495 | $4,495–$5,997 | $5,569 | 962–1,332 |
| Park Michigan | 4 | 3 | $2,807 | $2,807–$3,281 | $3,020 | 968 |
| Three-bedrooms | ||||||
| NEMA Chicago | 3 | 3 | $7,915 | $7,915–$8,243 | $8,049 | 1,740–1,809 |
| Park Michigan | No three-bedroom homes with published rents in the current feed. | |||||
The buildings side by side
| NEMA Chicago | Park Michigan | |
|---|---|---|
| Address | 1210 S Indiana Ave, Chicago | 1212 S Michigan Ave, Chicago |
| Neighborhood | South Loop | South Loop |
| Homes listed | 42 | 20 |
| Available now | 20 | 13 |
| Current special | Half a month free on select residences + $500 admin fee credit (Signature) / $1,000 (Skyline) — apply within 48 hours of tour | $1,500 incentive on vacant units — lease starts on or before Dec 31 |
| Fees & utilities | Application fee $75 per applicant. Administrative fee $500. Only these figures are published in the building’s community fee profile — ask leasing for the deposit, utility package, pet and parking pricing. (Per the building’s community fee profile on the Apartments.com network, November 2026.) | Application fee $50. Pet fees for the initial lease term: dogs $400 · cats $200 (renewal terms: dogs $200 · cats $100), pet limit 2. The platform notes the fees are estimates and actual amounts may vary. (Per the building’s RentCafe listing, checked November 2026.) |
| Parking (building summary) | Garage parking on-site | 🅿️ Garage–covered · fee not published |
| Pets | Offering a convenient place for grooming and bathing your dog, a playroom, an outdoor area featuring ramps and outdoor turf, as well as seating for pet parents to relax. | Max 2 pets, weight/breed rules, $400 dog / $200 cat fees (Oct 2026) |
| Laundry | In-unit | Shared |
| Transit | — | 🚇 Roosevelt (Red) · 3 min · 🚌 4, 3 |
| Walk / Transit / Bike Score | 93 / 99 / 93 | 95 / 100 / 93 |
| Year built | 2019 | 1981 |
| Amenity highlights | Outdoor pool · Indoor pool · Fitness center · Dog run · Basketball court | Outdoor pool · Fitness center · Rooftop deck · Floor-to-ceiling windows |
See each building in full: NEMA Chicago on IQ Realtors · Park Michigan on IQ Realtors
Frequently asked questions
Which is cheaper for a one-bedroom, NEMA Chicago or Park Michigan?
One-bedrooms start at $2,676 at NEMA Chicago (17 homes, averaging $2,985) and $2,167 at Park Michigan (5 homes, averaging $2,218), so Park Michigan has the lower entry price.
Which is cheaper for a two-bedroom, NEMA Chicago or Park Michigan?
Two-bedrooms start at $4,495 at NEMA Chicago and $2,807 at Park Michigan; Park Michigan starts lower. Averages: $5,569 at NEMA Chicago, $3,020 at Park Michigan.
How many homes are available now at NEMA Chicago and Park Michigan?
NEMA Chicago has 20 of its 42 listed homes available now; Park Michigan has 13 of 20. Dated availability for the rest is shown on IQ Realtors.
What specials are NEMA Chicago and Park Michigan running?
NEMA Chicago: Half a month free on select residences + $500 admin fee credit (Signature) / $1,000 (Skyline) — apply within 48 hours of tour. Park Michigan: $1,500 incentive on vacant units — lease starts on or before Dec 31. Specials are as listed on IQ Realtors and change often.
What are the fees at NEMA Chicago and Park Michigan?
NEMA Chicago: Application fee $75 per applicant. Administrative fee $500. Only these figures are published in the building’s community fee profile — ask leasing for the deposit, utility package, pet and parking pricing. (Per the building’s community fee profile on the Apartments.com network, November 2026.) Park Michigan: Application fee $50. Pet fees for the initial lease term: dogs $400 · cats $200 (renewal terms: dogs $200 · cats $100), pet limit 2. The platform notes the fees are estimates and actual amounts may vary. (Per the building’s RentCafe listing, checked November 2026.)
Where are NEMA Chicago and Park Michigan located?
Both buildings are in South Loop, Chicago: NEMA Chicago at 1210 S Indiana Ave and Park Michigan at 1212 S Michigan Ave.
Tour either building with one broker — see live availability and photos for NEMA Chicago and Park Michigan.
Search all homes on IQ Realtors → More answersFigures on this page come from IQ Realtors's verified rental data, checked against buildings' official leasing sources. Page generated November 13, 2026. Rents, specials and availability change — confirm current pricing on IQ Realtors before you apply.