CHICAGO (WLS) -- Chicago residents are straining under higher costs of living, as rent continues to rise each year. For Galewood resident Ashley Golf, rent has increased by 26% in the last three years ...

Add Yahoo as a preferred source to see more of our stories on Google. Chicago long has dangled the big-city experience without the New York or San Francisco price tag. That advantage is slipping away.

Demand is still outpacing supply in the downtown rental market, though apartment seekers got some good luck as a wave of new high-rises opened and helped cool off prices. So far this year, 2,400 new ...