8 Cheapest Places to Live in Chicago: Apartment List’s 2025 Ranking

The Far Southeast Side, the Southwest Side, and the Far Southwest Side are a few of the cheapest neighborhoods to live in Chicago. These areas offer renters more breathing room in their housing budget, helping to reduce the burden of a slightly higher-than-average cost of living. Chicago is currently 5.7% higher than the national average and 12.8% higher than the state average.

Rental pricing in the Windy City has two extremes. On one side, you’ll find affordable neighborhoods like the Far Southeast Side, where a one-bedroom apartment is $875 per month, and on the other hand, you’ll find a one-bedroom apartment in the West Loop for $2,867—a difference of 227%.

Affordable rents still exist in the city if you’re willing to get a little creative and look just outside some of the most popular areas. According to Apartment List’s latest data and supplemental data from Rent.com, these neighborhoods offer more affordable rent while remaining in the Chicago area.

While rent isn’t what it used to be, deals on cheap rent in Phoenix still exist if you know where to look. According to Apartment List’s latest data, these neighborhoods feature below-average rental prices. Here are the cheapest neighborhoods in Chicago.

Chicago Rent Snapshot: How We Built This Ranking

We examined August 2025 rent data across Chicago neighborhoods, using real-time listings on our platform and supplemental rent data from Rent.com. Factors such as schools, safety, and amenities weren’t included in the essential ranking data, although we acknowledge that these are important features. To consider this, we highlighted these factors in our “Beyond Rent” section so renters have a complete picture of each neighborhood.

All price points are indicative of what renters are actually paying, based on real-time listings. Not outdated estimates or guesses.

To meet the ranking criteria, Chicago neighborhoods must have:

• Average rents near or below the citywide average in Chicago ($2,490), with strong value across price points
• Enough listings to reflect real demand
• Access to major transit routes or commuter corridors
• Multiple rental types (from entry-level units to mid-tier options, for all budgets)

The end result is a list of the cheapest neighborhoods in Chicago, compiled from data.

Apartment List Data Sources and Rent Report

Apartment List collects millions of active listings and survey responses to compose a monthly snapshot of current market conditions. To achieve this, we compile the Apartment List Rent Report, which reflects a weighted measure of median rents across various bedroom sizes and is adjusted seasonally to highlight price changes over time.

We also use data from the U.S. Census and local MLS feeds to ensure that Chicago rent data is reliable. The figures in this guide reflect the most recent data available as of August 2025.

What Chicago Rents Look Like Right Now

As of August 2025, the median rent in Chicago is $1,822, indicating a minimal rent growth increase of 0.1% from the previous month and a more substantial year-over-year increase of 4.6%. This aligns with the state’s average rent growth of 4%, showing a gradual increase in housing costs for the state.

According to the U.S. Census, the median gross rent for Chicago (city), Illinois, was $1,391, from data gathered in its 2023 American Community Survey 1-Year Estimates. Highlighting the increase in Chicago’s rent in recent years.

Here’s how Chicago’s median rent compares to the national median:

While Chicago’s rents are increasing in line with the state average, they are outpacing the national average, which stands at -0.8%. Cities with similar overall median rents include Miami, FL ($1,947) and Long Beach, CA ($1,796). Seasonal patterns and demands may also affect the rent pricing, with typically higher rental prices in summer and lower prices in winter.

The Most Affordable Neighborhoods in Chicago (2025)

Here are Chicago’s cheapest neighborhoods in 2025, ranked by lowest average rent. Far Southeast Side, Southwest Side, Far Southwest Side, South Side, Northwest Side, Rogers Park, Far North Side, and the West Side offer the most affordable rent and overall value for renters moving to Chicago or relocating within the city.

We compared each area’s average rent to the current citywide average of $2,490 to calculate the percentage savings.

All of Chicago’s cheapest neighborhoods fall well below the average rental price of $2,490 per month. For renters, that means there are more neighborhoods to choose from, and you can be a bit more picky when it comes to factoring in commute times, walkability, and other lifestyle factors as you search for a new rental unit. Here’s what makes each area stand out.

Far Southeast Side

• Average One-Bedroom Rent: $875
• Average Two-Bedroom Rent: $1,060
• Number of currently available units: 96
• Walk score: 60
• Map of Far Southeast Side

This is about as far from the center of Chicago as you can go while still technically being in the city. Think more space, fewer people, and a pace of life that feels slower than most of Chicago. There’s a mix of residential areas and industrial corridors, and the housing is often single-family homes with yards, which is pretty rare for city living.

Rent is low, and that’s the main appeal: you get more house for less money. But you do trade off on transit access and walkability. This isn’t the place for car-free living. It can feel more suburban or even semi-rural at times. So if you like quiet nights, don’t mind driving, and want to save on rent without leaving Chicago altogether, the Far Southeast Side is worth a look. If you're a 20-something looking to hit bars after work? Probably not your scene.

Southwest Side

• Average One-Bedroom Rent: $900
• Average Two-Bedroom Rent: $1,090
• Number of currently available units: 67
• Walk score: 75
• Map of Southwest Side

The Southwest Side is big and pretty varied, but in general, it’s a solid bet if you’re looking for low rent and a more relaxed, family-oriented feel. You’ll find neighborhoods like Chicago Lawn and Ashburn with blocks of bungalows, small apartment buildings, and a mix of long-time residents and younger renters moving in for the price point. There’s not a lot of buzz here, and nightlife is basically nonexistent, but you get stability, community, and some surprisingly solid restaurants tucked into strip malls.

Public transit is decent, with the Orange Line running through parts of it, but you’ll probably want a car for groceries and errands. This is a great area for people who want more space, don’t mind driving, and are looking to save money while staying within city limits.

Far Southwest Side

• Average One-Bedroom Rent: $925
• Average Two-Bedroom Rent: $1,160
• Number of currently available units: 53
• Walk score: 54
• Map of Far Southwest Side

A largely residential area, the Far Southwest Side is ideal for renters looking for quiet neighborhoods, single-family homes, and a sense of space. Rents remain among the lowest in the city, and while transit access is limited, the area is served by the Metra Rock Island Line. This neighborhood is a great pick for commuters working in the south suburbs or those who want room to breathe without leaving Chicago.

South Side

• Average One-Bedroom Rent: $899
• Average Two-Bedroom Rent: $1,050
• Number of currently available units: 308
• Walk score: 82
• Map of South Side

Chicago’s South Side has some of the best rent deals in the city, especially for students, artists, and young families. The area is well-known for its cultural and music history, access to parks and as a spot where affordability is important. Many renters in South Side enjoy the local characters and access to public transportation.

Northwest Side

• Average One-Bedroom Rent: $1,075
• Average Two-Bedroom Rent: $1,700
• Number of currently available units:
• Walk score: 89
• Map of Northwest Side

The Northwest Side is where affordability meets convenient transportation access. The area has both Blue Line and Metra access, making it a great choice for renters working downtown but who prefer a quieter, residential neighborhood. Bungalows and other homey features in spots like Portage Park make it a top choice for families and professionals.

Rogers Park

• Average One-Bedroom Rent: $1,150
• Average Two-Bedroom Rent: $1,600
• Number of currently available units: 4
• Walk score: 89
• Map of Rogers Park

Rogers Park is where you go if you want lakefront access, walkability, and diversity, but you don’t want to pay Lincoln Park prices. It’s a true neighborhood-neighborhood, full of old-school apartments, funky murals, dive bars, and about a dozen different types of international food all within a few blocks.

The neighborhood has a real beach and Loyola University, which attracts students and all the youthful energy. You can hop on the Red Line and head straight into downtown or all the way to the Sox stadium if that’s your thing. It’s got charm without being overhyped.

The downside? Some blocks feel a little worn down, and winters near the lake can be brutal. But if you’re the type who doesn’t need brand-new everything and appreciates a neighborhood with actual character, Rogers Park is hard to beat for the price.

Far North Side

• Average One-Bedroom Rent: $1,245
• Average Two-Bedroom Rent: $1,600
• Number of currently available units: 598
• Walk score: 79
• Map of Far North Side

Running from the lakefront in Edgewater to the diverse streets of West Ridge, the Far North Side mixes laid-back energy with surprising access. Renters here will find mid-century apartments, classic brick walk-ups, and some of the city’s best international groceries and bakeries. Transit is solid thanks to the Red and Yellow Lines, and prices remain reasonable for those who want a quieter slice of the city without heading to the suburbs.

West Side

• Average One-Bedroom Rent: $1,310
• Average Two-Bedroom Rent: $1,175
• Number of currently available units: 383
• Walk score: 94
• Map of West Side

The West Side offers urban grit and growth in equal measure. Anchored by landmarks like Garfield Park and growing arts districts, this area provides some of the most competitive rents close to downtown. It's a great pick for renters who want central access, strong community identity, and affordability during a time of redevelopment and investment.

How Do These Affordable Chicago Neighborhoods Compare in Daily Life?

When searching for affordable units for renters in Chicago, several factors should be considered. Commute times, rent prices, amenities, and park access all play a role in determining where you end up. Some neighborhoods are ideal for families and remote workers, while others cater to students and professionals working at major employers. Below, we’ve outlined some of the key lifestyle factors you should consider when searching for a place to live in 2025.

Commute Times and Transit Access

Many of Chicago’s cheapest neighborhoods are away from the action. Meaning if you have to commute to The Loop for work or fun, you’ll be looking at a longer travel time. Below is a rundown of the commute times from the most affordable Chicago neighborhoods to major employers in Downtown, O’Hare Airport, and the Illinois Medical District, plus available transit options and expressway access.

Safety and Walkability Scores

Chicago’s average crime grade is a C-, with some areas having higher rates of reported incidents. On the other hand, the city’s average walk score is 77, indicating that Chicagoans can complete many errands on foot, depending on their neighborhood.

Walkability and safety vary by neighborhood. Here is a breakdown of Chicago’s most affordable zip codes, along with a comparison of the crime rate index and walk score.

Fiber Internet, Parks, and Local Amenities

Access to grocery stores, fast internet, and neighborhood charm affect renters’ experience. To help you choose the right neighborhood, we’ve gathered information such as fiber-optic coverage (defined as high-speed broadband via fiber cables with speeds of 1 Gbps or higher) and the location of each area’s closest hospital and park. We’ve also highlighted local standouts that give a neighborhood its unique flair.

Frequently Asked Questions About Chicago’s Cheapest Neighborhoods

Are these neighborhoods safe for families?

Safety varies street by street in Chicago. Before renting, check the latest data from Neighborhood Scout and the Chicago Police Department’s CLEARmap to review an area's crime statistics. Read CAPS meeting notes and visit the rental in person at various times of day before signing a lease.

Which cheap neighborhood offers the best public transit access?

Many of Chicago’s cheap neighborhoods have excellent public transit access. West Side is a standout for many renters who prioritize affordability and convenience, as it takes approximately 25 to 30 minutes to reach the Loop.

How accurate is the rent data in this article?

All recent prices come from the 2025 Apartment List Rent Index, which is based on active MLS feeds and other market data. Our figures share median rent prices and have a traditional margin of error of ±3% due to monthly fluctuations.

Will rents in these neighborhoods rise soon?

Recent market trends indicate that Chicago rents are expected to continue rising modestly, at around 2-4% citywide, in 2025. Neighborhoods like Jackson Park Highlands may see a faster increase due to nearby development projects.

How can I find no-fee apartments in Chicago?

On Apartment List, you can use the “no broker fee” filter to avoid extra charges. Many rentals on the South and West Sides forego broker commissions altogether. While you’re looking for your match, it’s worth asking landlords about fee-free options.