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State and Grand Apartments 1 of 7

State and Grand Apartments

$2,415 – $4,167/mo

  • 1–2 bedrooms
  • 1–2.5 baths
  • 627–1,391 sq ft
  • 9 units available
  • Pet friendly
505 N State St, Chicago, IL, 60654

As of October 22, 2026, State and Grand Apartments in Chicago, IL has 9 apartments for rent from $2,415 to $4,167/mo. One-bedrooms start at $2,415 and two-bedrooms at $3,516. The average asking rent has fallen 5.3% since April 29, 2026, from $3,425 to $3,243.


Floor plans

State and Grand Apartments has 9 units available across 5 floor plans: 3 one-bedroom layouts (627–824 sq ft) and 2 two-bedroom layouts (1,046–1,391 sq ft). Prices checked October 22, 2026.

A1

1 Bedroom • 1 Bath • 627 Sq Ft

Starting at $2,415/mo

2 available unitsPriceSq ftAvailableOpen unit
3502$2,595627Oct 19
2302$2,415627Nov 10

A2

1 Bedroom • 1 Bath • 714 Sq Ft

Starting at $2,660/mo

2 available unitsPriceSq ftAvailableOpen unit
2306$2,660714Nov 4
3306$2,810714Nov 16

A5

1 Bedroom • 1 Bath • 824 Sq Ft

Starting at $2,895/mo

1 available unitPriceSq ftAvailableOpen unit
2105$2,895824Oct 19

B1

2 Bedrooms • 2 Baths • 1,046 Sq Ft

Starting at $3,516/mo

1 available unitPriceSq ftAvailableOpen unit
2703$3,5161,046Oct 18

B2

2 Bedrooms • 2.5 Baths • 1,391 Sq Ft

Starting at $4,115/mo

3 available unitsPriceSq ftAvailableOpen unit
2207$4,1151,391Oct 19
2807$4,1251,391Oct 19
3107$4,1671,391Oct 19

See all 34 units listed at State and Grand Apartments, including ones no longer available.


Cost to rent here

At State and Grand Apartments, a one-bedroom starts at about $3,403 a month all-in: $2,415 rent, $795 in listed fees, and an estimated $193 for electric and gas, internet, and renters insurance. A two-bedroom starts at about $4,554.

All-in from$3,403/mo

Estimates are local averages, not quotes from the property.

Can you afford it?

Most landlords ask for a monthly income of about 3× the rent, so qualifying at State and Grand Apartments takes about $86,940 a year for a one-bedroom and $126,576 for a two-bedroom. Keeping the $3,403 all-in month for a one-bedroom within 35% of take-home pay takes an income of about $166,300 a year.

Total monthly housing cost

$3,403/mo

Income to afford it comfortably

$166,300/yr

Income to qualify

$86,940/yr

Your estimated budget

Suggested rent budget, 1 bedroom

$ —/mo

See what you can afford here

Add your income and debts for a rent budget at this building.

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Rent history

Over the past year, the average asking rent at State and Grand Apartments has ranged from $2,814 to $4,399. The current average is $3,243, down $182 (5.3%) from $3,425 at the start.

Prices reflect the average advertised rent across units listed as available each day (153 days observed).

Fees & lease terms

The listing for State and Grand Apartments shows $795 a month in fees (parking reserved $325, parking $295, utility billing bundle $150, and 1 more) and $860 due at signing (administrative fee $450, pet fee $350, application fee $60).

  • Rent

    $2,415 – $4,167/mo
  • Earliest move-in

    Oct 18

Monthly fees

Parking

$295/mo

Parking - Reserved

$325/mo

Renters Liability/Content - Property Program

$25/mo

Utility Billing Bundle

$150/mo

Due at signing

Administrative Fee

$450

Application Fee

$60

Pet Fee

$350

Amenities

State and Grand Apartments is pet friendly and has garage or covered parking and in-unit washers and dryers. It lists 24 amenities, including fitness center, indoor pool, and concierge service.

  • 24-Hour Attended Lobby

  • Air Conditioning

  • Concierge Service

  • Dishwasher

  • Fitness Center

  • Garage Parking

  • Garage Parking Available

  • Gated Access

  • Indoor Pool

  • Patio/Balcony

  • Pet Friendly

  • Shared Hotel Amenities

  • Sky Terrace

  • Smoke Free

  • Swimming Pool

  • Walk-In Closets

  • Washer/Dryer

  • Granite Countertops

  • In-Unit Washer / Dryer

  • Islands In Kitchen

  • Spacious Apartments

  • Stainless Steel Appliances

  • Stunning Floor To Ceiling Windows

  • Well-Appointed Kitchens & Gas Range


Location

505 N State St, Chicago, IL, 60654


Resident reviews

State and Grand Apartments has a 3.9 out of 5 rating from resident reviews. Residents rate location (4.3) and amenities and shared spaces (4.0) highest and building quality (3.6) lowest.

3.9
Overall rating
Positive
Mixed
Neutral
Negative
Management3.9
Location4.3
Building Quality3.6
Amenities and Shared Spaces4.0
Maintenance3.8
Overall62 reviews

State and Grand Apartments offers spacious, well-appointed units with exceptional views in a prime River North location near transit, dining, and shopping. Residents consistently praise responsive maintenance, friendly front desk staff, and community-focused management, though some report concerns about rent increases, noise from the surrounding area, elevator reliability, and enforcement of building policies. The property delivers strong amenities including an indoor pool, fitness center, and rooftop terrace, making it an attractive choice for those prioritizing location and unit quality.

Management responsiveness and staff professionalism are the primary drivers of satisfaction, with most residents praising quick issue resolution and helpful, friendly interactions from office and maintenance teams. However, a significant minority report unresponsive management, policy enforcement gaps (particularly around smoking), and communication breakdowns, especially during staff transitions. Rent increases and billing practices generate frustration among longer-term residents despite otherwise positive experiences.

State & Grand's downtown River North location offers exceptional walkability to restaurants, grocery stores, nightlife, and public transit, with the Red Line directly accessible. The property features stunning floor-to-ceiling windows with city views. However, residents should be aware that the location comes with urban tradeoffs including street noise from nearby fire station and bars, and safety concerns in the surrounding area that are beyond management's control.

The building features well-designed apartments with good locations, but residents report significant maintenance and building condition challenges. Elevator reliability issues, noise insulation problems (particularly from street noise and inter-unit sound transfer), and unresolved water damage have been recurring concerns. Management responsiveness has been inconsistent, with some residents reporting quick issue resolution while others experienced prolonged problems and communication gaps.

Residents praise the property's location, spacious floor plans, and responsive maintenance staff. The fitness center and indoor pool are valued amenities, though the gym is noted as small with limited equipment. Elevator reliability and shared amenity spaces with the hotel are recurring concerns, and some residents report inconsistent responsiveness from management.

Maintenance response times are generally prompt, with residents reporting quick resolution of urgent issues like HVAC failures. However, some residents have reported inconsistent equipment functionality and delayed repairs, including elevator issues and extended entrance construction periods. Overall maintenance performance appears mixed, with responsiveness varying by issue type and timeframe.

Summaries are written by AI from reviews residents posted on public review sites such as Google and ApartmentRatings. Each topic shows how many of those reviews discuss it.

Getting around

State and Grand Apartments is very walkable and very bikeable, and transit is excellent.

Walking
Very walkable
Grade A+
Transit
Excellent
Grade A+
Biking
Very bikeable
Grade B

Climate and air quality

Air quality near State and Grand Apartments was good on 172 of the past 365 days, and at its worst in July (average AQI 72, moderate). Daily highs averaged 83°F in July, the warmest month, and lows averaged 15°F in January, the coldest.

Air quality

172 good-air days

of the past 365

: Unhealthy for some, AQI 101

Temperature

83° / 15°

average July high / January low

: 62° high, 46° low

Pollen

None

Oct 22–26 forecast

Tree: none, grass: none, weed: none

MonthAverage highAverage lowAverage AQIGood-air days
January28°F15°F45 (good)19 of 31
February40°F25°F58 (moderate)8 of 28
March52°F34°F52 (moderate)19 of 31
April62°F44°F50 (good)14 of 30
May67°F52°F47 (good)20 of 31
June76°F63°F53 (moderate)11 of 30
July83°F69°F72 (moderate)4 of 31
August79°F67°F57 (moderate)5 of 31
September74°F64°F50 (good)16 of 30
October64°F49°F46 (good)21 of 31
November49°F37°F41 (good)22 of 30
December33°F20°F50 (good)13 of 31
Daily readings from Oct 23, 2025 to Oct 22, 2026. The pollen chart shows typical US seasons.

About this property

State and Grand Apartments is a 160-unit building in Chicago, IL.

Enjoy the exciting surroundings and lifestyle of the River North neighborhood at State and Grand. Each uniquely spacious apartment presents an inspirational interior design within an exciting urban environment, where luxury and exemplary on-site service and exceptional amenities provide you with a level of comfort that transforms the corporate housing experience. Residents of this ideal location can enjoy the luxurious indoor pool, our state-of-the-art fitness center, grab a bite to eat at the on-site restaurant, or relax on the outdoor patio with gorgeous skyline views of the city. Located in the lively neighborhood of River North, State and Grand is conveniently within walking distance of Nordstrom, Starbucks, and the ever-popular strip of Michigan Avenue, museums and art galleries, and Chicago's vibrant nightlife district; making it an ideal option for apartment living in Chicago.

  • Building

    Apartment · High-Rise
  • Total units

    160

Nearby schools

The closest school to State and Grand Apartments is Frances Xavier Warde Schools, a private middle school 0.3 miles away.

SchoolTypeLevelDistance

Frances Xavier Warde Schools

Private · Middle
PrivateMiddle0.3 mi

Frances Xavier Warde School

Private · Middle
PrivateMiddle0.4 mi

Sprouts Academy

Private · Preschool
PrivatePreschool0.5 mi

Douglas-Tubman Cdc

Private · Preschool
PrivatePreschool6.3 mi

Contact & management

State and Grand Apartments is managed by Greystar. The leasing office's phone number is 312-828-0889.


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