Chicago Renters GuideNeighborhoods

Best Chicago Neighborhoods by Budget

Where to live in Chicago based on what you can afford.

11 min readUpdated Jan 2026

Chicago has neighborhoods for every budget—from luxury high-rises in River North to affordable gems in Pilsen and Bridgeport. This guide breaks down the best neighborhoods by what you can actually afford, with honest takes on transit, safety, and livability.

Under $1,200/month

Finding a decent studio or 1BR under $1,200 in Chicago is very possible. You'll find great options in the South and West Sides and some North Side areas further from downtown.

Pilsen

Lower West Side
$1,000-1,400
Avg studio/1BR

Vibrant Mexican-American culture, amazing murals and food. Pink Line access. Artist community, rapidly gentrifying but still affordable.

Bridgeport

South Side
$950-1,300
Avg studio/1BR

Historic working-class neighborhood, great local bars and restaurants. Near Sox park. Diverse, affordable, community-oriented.

Orange, Red Lines nearbySee rankings →

Rogers Park

Far North Side
$900-1,250
Avg studio/1BR

Lakefront access, diverse community, college-town vibe (Loyola). Red Line to downtown. Beach access in summer.

Humboldt Park

West Side
$900-1,200
Avg studio/1BR

Beautiful park, Puerto Rican heritage. Up-and-coming, lots of new restaurants. Buses to Blue Line.

Blue Line nearbySee rankings →

$1,200-$1,600/month

This budget opens up popular neighborhoods on the North Side and some trendy West Side spots.

Logan Square

Northwest Side
$1,200-1,700
Avg studio/1BR

Trendy, hip, excellent restaurant scene. Beautiful boulevards and historic architecture. Blue Line to downtown in 15 min.

Uptown

North Side
$1,100-1,500
Avg studio/1BR

Historic theaters, diverse community, near lakefront. Live music venues. Red Line access. Improving rapidly.

Avondale

Northwest Side
$1,150-1,500
Avg studio/1BR

Quieter alternative to Logan Square. Great breweries, family-friendly. Blue Line access. Polish heritage.

Edgewater

North Side
$1,100-1,450
Avg studio/1BR

Lakefront living, diverse and welcoming. Near Andersonville shops. Red Line access. Quieter pace.

$1,600-$2,000/month

This opens up prime neighborhoods with the best amenities and transit.

Wicker Park

Near West Side
$1,500-2,100
Avg studio/1BR

Chicago's trendiest neighborhood. Amazing bars, restaurants, and shopping. Blue Line access. Young professional hub.

Lakeview

North Side
$1,500-2,000
Avg studio/1BR

Home to Wrigley Field, vibrant nightlife (Boystown). Lakefront access, great dining. Red/Brown/Purple Lines.

Red, Brown, PurpleSee rankings →

Old Town

Near North Side
$1,600-2,200
Avg studio/1BR

Historic architecture, famous comedy clubs (Second City). Near North Ave beach. Walkable to downtown.

Brown, Purple LinesSee rankings →

$2,000+/month

Premium neighborhoods with the best amenities, views, and locations.

Lincoln Park

North Side
$1,800-2,800
Avg studio/1BR

Chicago's most desirable neighborhood. Zoo, conservatory, lakefront. Beautiful tree-lined streets. Brown/Red/Purple Lines.

Red, Brown, PurpleSee rankings →

River North

Near North Side
$2,200-3,500
Avg studio/1BR

High-rise living, galleries, upscale dining. Walking distance to Loop. Nightlife hub. Multiple L lines.

Red, Brown, PurpleSee rankings →

West Loop

Near West Side
$2,000-3,200
Avg studio/1BR

Restaurant Row, converted lofts. Chicago's hottest dining scene. Green/Pink Lines. Tech companies nearby.

Green, Pink LinesSee rankings →

Gold Coast

Near North Side
$2,500-4,000+
Avg studio/1BR

Chicago's most exclusive neighborhood. Historic mansions, Oak Street Beach. Magnificent Mile shopping. Premium everything.

Compare All Community Areas

See detailed rankings for every Chicago community area based on building quality, violations, and more.

Tips for Choosing a Neighborhood

  • Visit at different times — Day, night, weekday, weekend. Neighborhoods feel different.
  • Test your commute — Actually ride the L during rush hour.
  • Check building quality — A cheap apartment in a bad building isn't a deal. Research buildings on StreetSmart.
  • Consider parking — If you have a car, check if the building has parking or what street parking is like.
  • Think about winter — Is the walk to the L station manageable in snow?

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