Quick answer
One-bedrooms start at $2,852 at Sentral Michigan Avenue and $2,805 at The Reed — The Reed is the cheaper entry point. Studios start at $1,850 at Sentral Michigan Avenue and $2,529 at The Reed. Sentral Michigan Avenue lists 36 homes (20 available now); The Reed lists 17 (8 available now). Sentral Michigan Avenue’s utilities run $140–$380/mo by home size, covering gas, trash, water, sewer, cable and fiber internet. The Reed’s required utility bundle runs $95–$150/mo, plus a $7.14/mo utility billing 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.
Sentral Michigan Avenue and The Reed 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 Sentral Michigan Avenue and The Reed?
| Building | Homes listed | Available now | From | Rent range | Average rent | Sq ft range |
|---|---|---|---|---|---|---|
| Studios | ||||||
| Sentral Michigan Avenue | 8 | 3 | $1,850 | $1,850–$2,493 | $2,363 | 435–570 |
| The Reed | 1 | 1 | $2,529 | $2,529 | $2,529 | 544 |
| Convertibles | ||||||
| Sentral Michigan Avenue | No convertible homes with published rents in the current feed. | |||||
| The Reed | 2 | 1 | $2,544 | $2,544–$2,583 | $2,564 | 554–570 |
| One-bedrooms | ||||||
| Sentral Michigan Avenue | 8 | 5 | $2,852 | $2,852–$3,674 | $3,151 | 695–835 |
| The Reed | 9 | 4 | $2,805 | $2,805–$3,611 | $3,077 | 701–875 |
| Two-bedrooms | ||||||
| Sentral Michigan Avenue | 18 | 12 | $3,471 | $3,471–$4,488 | $3,828 | 1,065–1,285 |
| The Reed | 4 | 1 | $3,903 | $3,903–$4,038 | $3,953 | 1,001–1,139 |
| Three-bedrooms | ||||||
| Sentral Michigan Avenue | 1 | 0 | $6,168 | $6,168 | $6,168 | 1,410 |
| The Reed | 1 | 1 | $6,267 | $6,267 | $6,267 | 1,417 |
| Penthouses | ||||||
| Sentral Michigan Avenue | 1 | 0 | $10,824 | $10,824 | $10,824 | 2,100 |
| The Reed | No penthouse homes with published rents in the current feed. | |||||
The buildings side by side
| Sentral Michigan Avenue | The Reed | |
|---|---|---|
| Address | 808 S Michigan Ave, Chicago | 234 W Polk St, Chicago |
| Neighborhood | South Loop | South Loop |
| Homes listed | 36 | 17 |
| Available now | 20 | 8 |
| Current special | Up to 1 month free — apply within 48 hours of tour for the Look & Lease special, terms apply | — |
| Fees & utilities | Utilities by home size — deluxe loft and studio $140/mo · convertible studio $160 · 1-bedroom $180 · 2-bedrooms $220 · 3-bedrooms $245 · 4-bedrooms $380 — covering gas, trash, water, sewer, cable and 1,000 Mbps fiber internet; electricity is on the resident’s own ComEd account. Parking: valet $350/mo. Pet fees (one-time, non-refundable): dogs $600 · cats $250, plus $25/mo pet rent per pet, limit 2 pets. Storage: small lockers $65/mo · large lockers $125/mo · bike storage $60 one-time per lease. Application fee $75 per applicant. Admin fee $500. (Per the building’s fee sheet on file, updated May 2022.) | Utility bundle (required) $95–$150/mo, plus a $7.14/mo utility administrative billing fee; utility new account fee $12 one-time and final bill fee $10 one-time. Parking: reserved $375/mo · motorcycle $175/mo. Pet fee $500 one-time (non-refundable) + $35/mo pet rent. Storage $50–$150/mo. Application fee $65. Admin fee $500. (Per Bozzuto’s official property page fee breakdown, checked November 2026.) |
| Parking (building summary) | Valet parking $350/mo (per fee sheet on file) | Reserved $375/mo · motorcycle $175/mo (per Bozzuto’s official fee breakdown) |
| Pets | Pet friendly, fees not posted (Oct 2026) | — |
| Laundry | In-unit | — |
| Transit | 🚇 Harrison (Red) · 6 min · 🚌 4, 3 | 🚇 LaSalle (Blue Line) · 7 min · 🚌 24, 36, 22, 62 |
| Walk / Transit / Bike Score | 94 / 100 / 92 | 92 / 100 / 89 |
| Year built | 2019 | 2023 |
| Amenity highlights | Outdoor pool · Indoor pool · Fitness center · Dog run · In-unit washer/dryer | Outdoor pool · Fitness center |
See each building in full: Sentral Michigan Avenue on IQ Realtors · The Reed on IQ Realtors
Frequently asked questions
Which is cheaper for a one-bedroom, Sentral Michigan Avenue or The Reed?
One-bedrooms start at $2,852 at Sentral Michigan Avenue (8 homes, averaging $3,151) and $2,805 at The Reed (9 homes, averaging $3,077), so The Reed has the lower entry price.
Which is cheaper for a two-bedroom, Sentral Michigan Avenue or The Reed?
Two-bedrooms start at $3,471 at Sentral Michigan Avenue and $3,903 at The Reed; Sentral Michigan Avenue starts lower. Averages: $3,828 at Sentral Michigan Avenue, $3,953 at The Reed.
How many homes are available now at Sentral Michigan Avenue and The Reed?
Sentral Michigan Avenue has 20 of its 36 listed homes available now; The Reed has 8 of 17. Dated availability for the rest is shown on IQ Realtors.
What specials are Sentral Michigan Avenue and The Reed running?
Sentral Michigan Avenue: Up to 1 month free — apply within 48 hours of tour for the Look & Lease special, terms apply. The Reed: no special on file. Specials are as listed on IQ Realtors and change often.
What are the fees at Sentral Michigan Avenue and The Reed?
Sentral Michigan Avenue: Utilities by home size — deluxe loft and studio $140/mo · convertible studio $160 · 1-bedroom $180 · 2-bedrooms $220 · 3-bedrooms $245 · 4-bedrooms $380 — covering gas, trash, water, sewer, cable and 1,000 Mbps fiber internet; electricity is on the resident’s own ComEd account. Parking: valet $350/mo. Pet fees (one-time, non-refundable): dogs $600 · cats $250, plus $25/mo pet rent per pet, limit 2 pets. Storage: small lockers $65/mo · large lockers $125/mo · bike storage $60 one-time per lease. Application fee $75 per applicant. Admin fee $500. (Per the building’s fee sheet on file, updated May 2022.) The Reed: Utility bundle (required) $95–$150/mo, plus a $7.14/mo utility administrative billing fee; utility new account fee $12 one-time and final bill fee $10 one-time. Parking: reserved $375/mo · motorcycle $175/mo. Pet fee $500 one-time (non-refundable) + $35/mo pet rent. Storage $50–$150/mo. Application fee $65. Admin fee $500. (Per Bozzuto’s official property page fee breakdown, checked November 2026.)
Where are Sentral Michigan Avenue and The Reed located?
Both buildings are in South Loop, Chicago: Sentral Michigan Avenue at 808 S Michigan Ave and The Reed at 234 W Polk St.
Tour either building with one broker — see live availability and photos for Sentral Michigan Avenue and The Reed.
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.