1001 South State Apartments: Renters Insurance Guide & What It Actually Costs

Last updated Apr 16, 2026

Thinking about renting at 1001 South State Apartments in Downtown Chicago? Rent here runs $2,316 – $5,959, and renters insurance adds about $14/mo. Below we break down which carriers are cheapest for this building and what the lease actually requires.

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1001 S State St, Chicago, IL 60605

Downtown Chicago

Managed by Greystar Built 2016 40 stories 397 units
4/5 ·224 reviews Google
5/5 ·13 reviews Apt. Finder
$2,316 – $5,959 /month

Monthly Cost Breakdown at 1001 South State Apartments

The listed rent isn't the whole number. Here's what 1001 South State Apartments actually costs each month once you add required fees and insurance.

Total Monthly Cost $2,870 – $6,513
Base Rent $2,316 – $5,959
Required Monthly Fees $540
Est. Renters Insurance $14/mo

Renters Insurance at 1001 South State Apartments

What Affects Your Premium Here

Every building is different. These factors specific to 1001 South State Apartments can push your insurance cost up or down:

Open Access

No gated or controlled access — higher theft exposure

FEMA Flood Zone

Zone X — minimal flood risk

FBI UCR

Property crime rate: 3028/100K (92% above national average)

What You'll Likely Pay

$14

Est. Monthly

$173

Est. Annual

$15

State Avg/mo

How Much Coverage Makes Sense

Renters insurance has two main pieces: personal property coverage, which pays to replace your belongings if they're stolen or damaged (think furniture, electronics, clothes), and liability coverage, which protects you if someone gets hurt in your unit or you accidentally damage someone else's property. Here's what we'd recommend for 1001 South State Apartments based on the rent level and building features.

Personal Property

What your stuff is worth

$40,000 recommended

If you own less

$25,000

If you own more

$60,000

Liability

Covers accidental harm & lawsuits

$300,000 recommended

Pool on premises — higher liability recommended for accidents at shared amenities

How Carriers Compare for This Area

Not all carriers price the same zip code equally. Here's how the major options stack up near 1001 South State Apartments:

Carrier Monthly Annual
Lemonade $9/mo $113/yr
USAA $11/mo $127/yr
State Farm $14/mo $170/yr
Progressive $15/mo $184/yr
Safeco $15/mo $184/yr
Travelers $17/mo $198/yr
Allstate $18/mo $212/yr
Nationwide $18/mo $212/yr
Farmers $19/mo $226/yr
Liberty Mutual $21/mo $255/yr

Discounts You May Qualify For

Claims-free (if applicable)
-10%
Pay-in-full annual
-7%
Paperless/autopay
-3%
Multi-policy bundle
-10%

Next Step

See if you can beat $14/mo

4 discounts may apply here. Real quotes show your actual price — estimates can't.

Compare Quotes Free · No account required

Property Crime & Theft Risk

Renters insurance pricing is driven by property crime — theft, burglary, and vehicle break-ins — not violent crime. Here's what the FBI's Uniform Crime Reporting data shows for Chicago.

Chicago property crime rate

3,028

per 100K residents

92% above U.S. avg

U.S. avg is 1,578 per 100K

Breakdown per 100K residents

Burglary
237 / 200
Larceny / theft
2,111 / 1,172
Vehicle theft
680 / 206

U.S. average

Higher-than-average property crime is why insurance carriers charge more in this zip code — your premium reflects the claims frequency for the area. 1001 South State Apartments also has on-site security features (Package lockers, Covered parking) that insurers recognize with discounts.

Source: FBI UCR Program, Chicago (2024-12 to 2025-11)

What Residents Are Saying

Based on Google reviews, here are the issues residents mention most often — and the ones that matter when choosing your coverage. Longer bars indicate more frequent discussion.

Maintenance Issues Common topic

On-Site Security

Package lockers Covered parking

Flood Risk

Standard renters insurance does not cover flood damage. FEMA maps every property into a flood zone — here's what that means for 1001 South State Apartments.

FEMA Zone X (Area Of Minimal Flood Hazard) — Minimal flood risk

Flood insurance optional but inexpensive in this zone.

Flood zone data from FEMA National Flood Hazard Layer (NFHL). Zones can change — verify at FEMA Flood Map Service.

Fees Beyond Rent

These are the additional charges beyond base rent at 1001 South State Apartments. Some are monthly, some are one-time — all of them affect your actual cost of living here.

Required Fees

Utility Billing Bundle

Amount for multiple utility services provided in rental homeCharged per unit type.

$80 - $135 / mo

Utility - Electric - Third Party

Usage-Based (Utilities).Amount for provision and consumptionof electric paid to a third party. Charged per unit. Payable to 3rd Party

Varies / mo

Renters Liability Insurance - Third Party

Amount for renters liability insurance obtained through resident's provider of choice. Charged per leaseholder. Payable to 3rd Party

Varies / mo

Administrative Fee

Amount to facilitate move-in process for a resident. Chargedper unit.

$450

Application Fee

Amount to process application, initiate screening, and take a rental home off the market. Charged per applicant.

$75

Pets Fees

Pet Fee

| Restrictions: Akita, Giant Schnauzer, Alaskan Malamute, American Stafford-shire Terrier, Husky, Bull-mastiff, Pit Bull, Chow, Presa Canario, Rottweiler, Doberman Pinscher, Saint Bernard and German Shepherd. Any mix of the breeds listed are also...

$300 - $500

Pet Rent

Max of 2. Monthly amount for authorized pet. Charged per pet

$10 - $20 / mo

Parking Fees

Parking Fee

Max of 1. Amount for garage parking space/services. May be subject to availability. Charged per rentable item. Payable to 3rd Party

$290 / mo

Parking - Reserved

Max of 1. Amount for reserved parking space/services. May besubject to availability. Charged per vehicle. Payable to 3rd Party

$350 / mo

Addons Fees

Guest Suite Rental

Amount to rent guest suite; per night. May be subject to availability. Charged per night.

$175 / occurence

Common Area/Clubhouse Rental

Amount to rent a shared common area space, including clubhouse. May be subject to availability. Charged per unit.

$500 - $1,000 / occurence

Cable TV Services

Amount for cable services in rental home. Charged per unit. Payable to 3rd Party

Varies / mo

Internet Services

Amount for internet services provided by community. Charged per unit. Payable to 3rd Party

Varies / mo

Situational Fees

Intra-Community Transfer Fee

Amount due when transferring to another rental unit within community. Charged per unit.

$1,000 / occurence

Access Device - Replacement

Amount to obtain a replacement access device for community; fobs, keys, remotes, access passes. Charged per device.

$100 / occurence

Renters Liability Only - Non-Compliance

Amount for not maintaining required Renters Liability PolicyCharged per unit.

$12 / occurence

Returned Payment Fee (NSF)

Amount for returned payment. Charged per unit.

$25 / occurence

Utility - Vacant Processing Fee

Amount for failing to transfer utilities into resident name.Charged per unit.

$50 / occurence

Lease Buy Out

Amount agreed upon by resident to terminate lease early and satisfy lease terms; additional conditions apply. Charged per unit.

200% of base rent / occurence

Utility - Vacant Cost Recovery

Usage-Based (Utilities).Amount for utility usage not transferred to resident responsibility any time during occupancy. Charged per unit.

Varies / occurrence

Late Fee

Amount for paying after rent due date; per terms of lease. Charged per unit.

Varies / occurrence

Lease Violation

Amount for violation of community policies and/or per lease terms. Charged per unit.

Varies / occurrence

Amenities

Special Features

Floor-to-ceiling windows with roller shades Game room Keyless Entry Wi-Fi and smart phone-compatible thermostat Guest suite Quartz counter tops in kitchen and bath Rooftop lounge and terrace Yoga studio Birch grove Conference room Full-size Whirlpool washer and dryer Outdoor hot tub Stainless steel Whirlpool appliances USB ports in kitchen and bedroom Dual-tone kitchen cabinetry Glass tile mosaic backsplash Herb Garden Bike repair room Bike share Cabanas Luxor lockers and package room Pendant lighting Terrazzo base and glass-enclosed shower USB outlets throughout amenity areas Custom closet shelving Event Lounge Tide dry cleaning system Fire Pit Grilling stations Pet grooming area

Community Features

Wi-Fi 24 Hour Access Dry Cleaning Service Pet Play Area Pet Washing Station Elevator Lounge Conference Rooms Roof Terrace Sundeck Cabana Grill Fitness Center Pool Playground Bicycle Storage Gameroom

Floor Plan Amenities

Wi-Fi Washer/Dryer Air Conditioning Heating Smoke Free Cable Ready Tub/Shower Wheelchair Accessible (Rooms) Disposal Ice Maker Stainless Steel Appliances Kitchen Oven Range Refrigerator Window Coverings Floor to Ceiling Windows

Pet Policy

Bringing a pet? Here's what 1001 South State Apartments allows. Standard renters insurance typically covers pet-related incidents, so you usually won't need any add-on coverage for a cat.

Cats Allowed
$300 – $500 Fee

Fees may vary by pet type or count — confirm with the leasing office.

About 1001 South State Apartments

Year Built: 2016
Stories: 40 stories
Units: 397
Management: Greystar
Phone: (708) 797-3308

From the property listing:

Where curiosity lives. 1001 South State offers studio, 1, 2, and 3-bedroom apartments with views of the Chicago skyline, Lake Michigan, and the South and West Loop neighborhoods. With innovative amenities including a Makerspace, living biowall and custom-branded bike share, 1001 is truly home to new ideas.

Other Options Nearby

Still weighing your choices? These communities are in the same part of Chicago — compare rent and estimated insurance cost side by side.

Frequently Asked Questions

Does 1001 South State Apartments require renters insurance?
We didn't find a public insurance requirement for 1001 South State Apartments, but that doesn't mean there isn't one. Many communities add the requirement during lease signing. It's worth asking the leasing office directly — and even if it's not required, a policy typically runs under $20/month and covers you against theft, fire, and liability.
How much is renters insurance at 1001 South State Apartments?
For this zip code and building type, expect to pay around $14/month ($173/year). For context, the statewide average is $15/month, so this building is right around average.
What will I actually pay per month at 1001 South State Apartments?
Plan for $2,870 to $6,513/month all-in. That's base rent ($2,316 – $5,959), plus $540/month in required fees (trash, utilities, etc.), plus roughly $14/month for renters insurance. Most apartment listing sites don't include those last two — so the sticker price can be misleading.
Does 1001 South State Apartments allow pets?
Yes, 1001 South State Apartments is pet-friendly. Here are the details: Cats Allowed. $300 Fee. $500 Fee. Standard renters insurance covers pet-related liability at no extra cost.
How safe is the area around 1001 South State Apartments?
Property crime in Chicago runs noticeably higher than the national average — 3,028 incidents per 100,000 residents versus the U.S. average of 1,578. That's the metric insurance carriers care about most for renters coverage, since property crime (theft, burglary, vehicle break-ins) drives most claims. Burglary specifically is 237/100K here. On the property itself, you'll find package lockers, covered parking — features that can qualify for premium discounts.
What floor plans does 1001 South State Apartments offer?
There are 17 floor plans to choose from, spanning 1-bedroom, 2-bedroom, 3-bedroom, studio layouts. Rent ranges from $2,316 – $5,959. Your unit size can affect your insurance cost too — a larger unit typically means more belongings to cover.

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Disclaimer

The information on this page — including rent prices, fees, floor plans, amenities, insurance requirements, and safety data — is collected from publicly available sources and may not reflect the most current details. Apartment communities may update their offerings, policies, and pricing at any time. Always confirm details directly with the leasing office or the community's official website before making any decisions.

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