Studios, security deposits, neighborhoods, amenities, square feet, blah, blah, blah. With so much information and so many rental choices, how does anyone find a “good” place to rent? All that I’m looking for is a small apartment in a good location at a reasonable price - not a real estate degree. Is that too much to ask? Where is the Magic 8 ball when you need it?

In Chicago, I’m told, it’s all about location and which amenities are included. As I continue searching for my own place, though, I can’t help but think that I have a better chance of catching a glimpse of the Loch Ness Monster in Lake Michigan than finding a rental unit that hits both of these - well, at least one that I can afford.

What options are negotiable, and what can’t I live without? Is it living in a five-floor walk-up without an elevator or paying for my own heat? Is it having a longer commute or having cable included?

Well, I have no clue, but it seems that one’s rental apartment choices in this city are limited. I can get either an itty-bitty apartment in a great location but no amenities or my ultimate spacious dream place in an area that requires six padlocks and an escort. I’ll take itty-bitty living space for $500, Alex.

With that settled, how do I find that perfect little 300 square foot apartment of my dreams at a reasonable rent? I’ve found methods, though none of them is ideal.

Option one is using a rental service, which is great to see what is available or to find a place quickly. Just make sure to watch out for the “upsell” - I’ve seen some of these places use the high-end of your stated rent range as a starting point. Ouch.

Next comes the online sites that offer listings in an organized manner. For those like me, who prefer the do-it-yourself method, these sites are great. Here, too, though, the process can get a little frustrating. It seems that, despite this challenging economy and overall high vacancy rate, some landlords disappear into a black hole never to be heard from again. In addition, some listings are, shall we say, questionable. Interpretation may be required: “charming” means old, and $800 rent really means $950. Hmmm…

Lastly, there is the old school option of walking around a desirable neighborhood with cell phone in hand, calling the numbers on ‘for rent’ signs. Of course, this is more legwork (literally), but this method works surprisingly well, especially if your goal is instant gratification. That said, roaming around aimlessly in the not-so-balmy late Fall of Chicago isn’t all that appealing. Yes, those were snow flurries.

Hopefully, Phase Two of my plan - a place of my own - will soon be complete. Until then, you’ll find me sifting through Craigslist ads, trying to figure out exactly what they mean by “all” utilities included. Wish me luck.