Cheapest Neighborhoods In Chicago, IL For Renters

If you’re searching for a new place to live in Chicago, rent prices are probably one of the most important factors in your decision. Apartment rental prices in Chicago neighborhoods have continued to increase over the years. Luckily, even in 2021, there are some Chicago neighborhoods that do offer budget friendly, affordable rental rates. The list of the cheapest neighborhoods in Chicago for renters is sorted by lowest median rental rates compared to the Chicago average.

Population 18,990
-57%
Median Rent $421 / month
57% less expensive than Chicago
Population 18,298
-54%
Median Rent $458 / month
54% less expensive than Chicago
Population 43,133
-52%
Median Rent $472 / month
52% less expensive than Chicago
Population 20,831
-49%
Median Rent $503 / month
49% less expensive than Chicago
Population 37,477
-48%
Median Rent $513 / month
48% less expensive than Chicago
Population 35,441
-43%
Median Rent $562 / month
43% less expensive than Chicago
Population 11,128
-40%
Median Rent $588 / month
40% less expensive than Chicago
Population 33,314
-39%
Median Rent $599 / month
39% less expensive than Chicago
Population 7,361
-39%
Median Rent $603 / month
39% less expensive than Chicago
Population 9,039
-36%
Median Rent $631 / month
36% less expensive than Chicago
Population 2,348
-36%
Median Rent $636 / month
36% less expensive than Chicago
Population 5,180
-35%
Median Rent $641 / month
35% less expensive than Chicago
Population 24,934
-33%
Median Rent $661 / month
33% less expensive than Chicago
Population 13,240
-32%
Median Rent $667 / month
32% less expensive than Chicago
Population 6,565
-29%
Median Rent $696 / month
29% less expensive than Chicago
Population 13,391
-28%
Median Rent $706 / month
28% less expensive than Chicago
Population 9,638
-28%
Median Rent $708 / month
28% less expensive than Chicago
Population 27,113
-27%
Median Rent $723 / month
27% less expensive than Chicago
Population 12,903
-26%
Median Rent $726 / month
26% less expensive than Chicago
Population 73,519
-24%
Median Rent $749 / month
24% less expensive than Chicago