Leasing FAQ
At Ivy Residences, we can accommodate short-term leases based on availability. Let your leasing consultant know you’re looking for short-term apartments in Hyde Park, Chicago, IL, before your visit.
No. Instead of taking a security deposit at Ivy Residences. Instead, residents of our Hyde Park, IL, apartments pay a non-refundable admin fee that covers the administration charges associated with a newly signed lease. This non-refundable fee is paid per apartment, not per resident.
The application process is simple at Ivy Residences. Begin by visiting our communities page to explore available apartments in Hyde Park, Chicago, IL, for rent, and select your desired community. Then, scroll to find your apartment unit number, and click “Apply.” Complete the application form, upload a valid government-issued photo ID and proof of income, and pay the application fee. Results are fully processed within 48 business hours after submitting your application.
For every application we receive, we look at the following criteria:
- Proof of income equalling at least 2.5x the amount of rent.
- Income restrictions may apply for select affordable housing units
- Credit History
- Criminal History
Documentation needed includes:
- government-issued photo ID
- pay stubs, bank statements. previous years of tax returns and/or W-2s.
All apartments are centrally located near several public transportation options. The University of Chicago affiliated residents enjoy living along the UGo shuttle route. Several CTA buses run through the area, and the Metra (train) offers two stops in Hyde Park.
Congrats! You will be hearing from your leasing consultant and property manager soon to coordinate your move-in date and key pickup. Note that you will be required to pay the administrative fee, sometimes referred to as a move-in fee within 48 hours of notification of approval.
All apartments are cat and dog-friendly. All pets (or their owners) must pay a non-refundable pet fee in addition to monthly pet rent. We allow two pets per apartment, and while we have no weight limits, we do have certain dog breed restrictions. Ask your leasing consultant for a list of restricted dog breeds. Learn more about our pet-friendly apartments.
