The Otis vs 465 Carpenter
The Otis has 3 available apartments from $1,900 (median $2,195). 465 Carpenter has 20 available apartments from $2,299 (median $3,068). Prices, sizes, amenities, transit and reviews side by side, checked October 1, 2026.
Where they differ
- The Otis starts lower, at $1,900 a month against $2,299 at 465 Carpenter.
- For a 1 bedroom, the median asking rent is $2,048 at The Otis and $3,140 at 465 Carpenter, a difference of $1,092 (35%).
- For a 2 bedroom, the median asking rent is $2,895 at The Otis and $4,200 at 465 Carpenter, a difference of $1,305 (31%).
- Per square foot, The Otis is the better value at $3.46 against $4.64 at 465 Carpenter.
- 465 Carpenter has more choice right now: 20 available apartments against 3 at The Otis.
- Only The Otis lists in-unit laundry, fitness center, rooftop, parking, balconies.
- 465 Carpenter is running a special: 1.5 MO FREE.
Rent and availability
| The Otis | 465 Carpenter | |
|---|---|---|
| Available now | 3 | 20 |
| Starting rent | $1,900 | $2,299 |
| Median asking rent | $2,195 | $3,068 |
| Median rent per sq ft | $3.46 | $4.64 |
| Studio | None available | from $2,299 · median $2,350 · 5 available · ~482 sq ft |
| 1 bedroom | from $1,900 · median $2,048 · 2 available · ~558 sq ft | from $2,499 · median $3,140 · 11 available · ~665 sq ft |
| 2 bedroom | from $2,895 · median $2,895 · 1 available · ~940 sq ft | from $3,999 · median $4,200 · 4 available · ~1,171 sq ft |
| Current specials | None listed | 1.5 MO FREE |
Building and amenities
| The Otis | 465 Carpenter | |
|---|---|---|
| Neighborhood | West Town | West Town |
| Year built | n/a | n/a |
| Total units | 3 | 20 |
| Google rating | 4.2 / 5 (133 reviews) | n/a |
| In-unit laundry | Yes | Not listed |
| Pool | Not listed | Not listed |
| Fitness center | Yes | Not listed |
| Rooftop | Yes | Not listed |
| Doorman or concierge | Not listed | Not listed |
| Parking | Yes | Not listed |
| Pets allowed | Not listed | Not listed |
| EV charging | Not listed | Not listed |
| Balconies | Yes | Not listed |
| Amenities listed | 17 | 0 |
| Managed by | Flats | Cross Street |
Getting around
| The Otis | 465 Carpenter | |
|---|---|---|
| Nearest CTA | Ashland (Green/Pink) (Green, Pink), 11 min walk | n/a |
| Nearest grocery | Citgo, 3 min walk | n/a |
| Transit to O'Hare | 74 min | n/a |
| Transit to Aon Center | 42 min | n/a |
| Transit to Willis Tower | 34 min | n/a |
| Transit to Art Institute | 38 min | n/a |
| Transit to Union Station | 28 min | n/a |
| Transit to Millennium Park | 39 min | n/a |
Walk times are sidewalk-routed. Transit times are for a weekday morning. See how we measure.
Frequently asked
Is The Otis or 465 Carpenter cheaper?
The Otis starts lower, at $1,900 a month against $2,299 at 465 Carpenter. For a 1 bedroom, the median asking rent is $2,048 at The Otis and $3,140 at 465 Carpenter, a difference of $1,092 (35%). For a 2 bedroom, the median asking rent is $2,895 at The Otis and $4,200 at 465 Carpenter, a difference of $1,305 (31%).
Which has more apartments available, The Otis or 465 Carpenter?
As of October 1, 2026, The Otis has 3 available apartments and 465 Carpenter has 20 available apartments.
Where do these numbers come from?
Precise Rent reads each building's own published pricing and availability every morning and afternoon. Rent is the listed monthly price before any special, for apartments available right now. Google ratings are as published on Google Maps.