Quick answer
One-bedrooms start at $2,167 at Park Michigan and $2,249 at Astoria Tower — Park Michigan is the cheaper entry point. Studios start at $1,795 at Park Michigan and $1,979 at Astoria Tower. Park Michigan lists 20 homes (13 available now); Astoria Tower lists 8 (8 available now). Park Michigan charges a $50 application fee, with initial-term pet fees of $400 per dog and $200 per cat. Astoria Tower charges a $400 admin fee and a $65 application fee.
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.
Park Michigan and Astoria Tower 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 Park Michigan and Astoria Tower?
| Building | Homes listed | Available now | From | Rent range | Average rent | Sq ft range |
|---|---|---|---|---|---|---|
| Studios | ||||||
| Park Michigan | 10 | 6 | $1,795 | $1,795–$2,079 | $1,923 | 555–575 |
| Astoria Tower | 4 | 4 | $1,979 | $1,979–$2,099 | $2,029 | 540–546 |
| Convertibles | ||||||
| Park Michigan | 1 | 1 | $2,108 | $2,108 | $2,108 | 570 |
| Astoria Tower | No convertible homes with published rents in the current feed. | |||||
| One-bedrooms | ||||||
| Park Michigan | 5 | 3 | $2,167 | $2,167–$2,338 | $2,218 | 620–704 |
| Astoria Tower | 1 | 1 | $2,249 | $2,249 | $2,249 | 627 |
| Two-bedrooms | ||||||
| Park Michigan | 4 | 3 | $2,807 | $2,807–$3,281 | $3,020 | 968 |
| Astoria Tower | 3 | 3 | $2,999 | $2,999–$3,395 | $3,198 | 1,172–1,202 |
The buildings side by side
| Park Michigan | Astoria Tower | |
|---|---|---|
| Address | 1212 S Michigan Ave, Chicago | 8 E 9th St, Chicago |
| Neighborhood | South Loop | South Loop |
| Homes listed | 20 | 8 |
| Available now | 13 | 8 |
| Current special | $1,500 incentive on vacant units — lease starts on or before Dec 31 | One month free |
| Fees & utilities | 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.) | Application fee $65. Admin fee $400. Only these figures are published on the building’s leasing platform — ask leasing for the full current fee sheet for the rest. (Per the building’s AppFolio listing, checked November 2026.) |
| Parking (building summary) | 🅿️ Garage–covered · fee not published | 🅿️ Garage–covered · fee not published |
| Pets | Max 2 pets, weight/breed rules, $400 dog / $200 cat fees (Oct 2026) | Pet-friendly, breed & weight restrictions, fees not posted (Oct 2026) |
| Laundry | Shared | In-unit |
| Transit | 🚇 Roosevelt (Red) · 3 min · 🚌 4, 3 | 🚇 Roosevelt (Red) · 5 min · 🚌 146, 62 |
| Walk / Transit / Bike Score | 95 / 100 / 93 | 98 / 100 / 91 |
| Year built | 1981 | 2009 |
| Amenity highlights | Outdoor pool · Fitness center · Rooftop deck · Floor-to-ceiling windows | Indoor pool · Fitness center · Rooftop deck · Floor-to-ceiling windows · In-unit washer/dryer · Balconies |
See each building in full: Park Michigan on IQ Realtors · Astoria Tower on IQ Realtors
Frequently asked questions
Which is cheaper for a one-bedroom, Park Michigan or Astoria Tower?
One-bedrooms start at $2,167 at Park Michigan (5 homes, averaging $2,218) and $2,249 at Astoria Tower (1 homes, averaging $2,249), so Park Michigan has the lower entry price.
Which is cheaper for a two-bedroom, Park Michigan or Astoria Tower?
Two-bedrooms start at $2,807 at Park Michigan and $2,999 at Astoria Tower; Park Michigan starts lower. Averages: $3,020 at Park Michigan, $3,198 at Astoria Tower.
How many homes are available now at Park Michigan and Astoria Tower?
Park Michigan has 13 of its 20 listed homes available now; Astoria Tower has 8 of 8. Dated availability for the rest is shown on IQ Realtors.
What specials are Park Michigan and Astoria Tower running?
Park Michigan: $1,500 incentive on vacant units — lease starts on or before Dec 31. Astoria Tower: One month free. Specials are as listed on IQ Realtors and change often.
What are the fees at Park Michigan and Astoria Tower?
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.) Astoria Tower: Application fee $65. Admin fee $400. Only these figures are published on the building’s leasing platform — ask leasing for the full current fee sheet for the rest. (Per the building’s AppFolio listing, checked November 2026.)
Where are Park Michigan and Astoria Tower located?
Both buildings are in South Loop, Chicago: Park Michigan at 1212 S Michigan Ave and Astoria Tower at 8 E 9th St.
Tour either building with one broker — see live availability and photos for Park Michigan and Astoria Tower.
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.