Catalpa 2507 W Apartments: Renters Insurance Guide & What It Actually Costs

Last updated Apr 16, 2026

Thinking about renting at Catalpa 2507 W Apartments in Far North Chicago? Rent here runs From $2,150, 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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2507 W Catalpa Ave, Chicago, IL 60625

Far North Chicago

Built 2017 3 stories 6 units
4.3/5 ·19 reviews Google
Apt. Finder
From $2,150 /month

Monthly Cost Breakdown at Catalpa 2507 W Apartments

The listed rent isn't the whole number. Here's what Catalpa 2507 W Apartments actually costs each month once you add required fees and insurance.

Total Monthly Cost $2,164
Base Rent $2,150
Est. Renters Insurance $14/mo

Renters Insurance at Catalpa 2507 W Apartments

What Affects Your Premium Here

Every building is different. These factors specific to Catalpa 2507 W 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

$166

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 Catalpa 2507 W 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

$100,000 recommended

Standard minimum for most lease requirements in Illinois

How Carriers Compare for This Area

Not all carriers price the same zip code equally. Here's how the major options stack up near Catalpa 2507 W Apartments:

Carrier Monthly Annual
Lemonade $9/mo $103/yr
USAA $10/mo $116/yr
State Farm $13/mo $154/yr
Progressive $14/mo $167/yr
Safeco $14/mo $167/yr
Travelers $15/mo $180/yr
Allstate $16/mo $193/yr
Nationwide $16/mo $193/yr
Farmers $17/mo $206/yr
Liberty Mutual $19/mo $231/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.

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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.

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.

Noise Common topic

Flood Risk

Standard renters insurance does not cover flood damage. FEMA maps every property into a flood zone — here's what that means for Catalpa 2507 W 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.

Amenities

Special Features

Professionally Managed Wood Floors

Community Features

Walk-Up

Floor Plan Amenities

Washer/Dryer Washer/Dryer Hookup Air Conditioning Ceiling Fans Dishwasher Granite Countertops Pantry Kitchen Microwave Hardwood Floors Walk-In Closets Window Coverings

About Catalpa 2507 W Apartments

Year Built: 2017
Stories: 3 stories
Units: 6
Phone: (312) 460-3300

From the property listing:

Wonderfully renovated 7 unit property located in Chicago's Lincoln Square Neighborhood. All units are gut rehabbed with hardwood floors throughout, central heat & air and in-unit laundry with extra spacious layouts. Kitchens included granite countertops, dishwasher, and a full pantry. Need to catch a bus, you're only half a block away! Short bus ride to Western Brown Line CTA. Also, you're only half a block from Lincoln Avenue (gateway to Chicago) where you'll find an abundance of shopping, restaurants, and bars. Sponsored Broker Firm - Rockwell Property Company

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 Catalpa 2507 W Apartments require renters insurance?
We didn't find a public insurance requirement for Catalpa 2507 W 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 Catalpa 2507 W Apartments?
For this zip code and building type, expect to pay around $14/month ($166/year). For context, the statewide average is $15/month, so this building is right around average.
What will I actually pay per month at Catalpa 2507 W Apartments?
Plan for about $2,164/month all-in. That's base rent (From $2,150), plus roughly $14/month for renters insurance. Most apartment listing sites don't include those last two — so the sticker price can be misleading.
How safe is the area around Catalpa 2507 W 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.
What floor plans does Catalpa 2507 W Apartments offer?
There is 1 floor plan available, a 2-bedroom layout. Rent ranges from From $2,150. 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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