Cheapest Neighborhoods In Chicago, IL To Buy A House

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Like any large city, home prices in Chicago have continued to increase over the years. Fortunately, there are still some neighborhoods in Chicago that offer some affordable housing options. These are the cheapest neighborhoods in Chicago for 2026. The neighborhoods are ranked by the lowest median home prices when compared to the average median home price in Chicago.

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Population 172

Median Home Value $149,958

69% less expensive than Chicago

Population 5,550

Median Home Value $183,108

62% less expensive than Chicago

Population 27,317

Median Home Value $187,545

61% less expensive than Chicago

Population 21,074

Median Home Value $195,183

59% less expensive than Chicago

Population 42,178

Median Home Value $198,096

59% less expensive than Chicago

Population 46,858

Median Home Value $207,701

57% less expensive than Chicago

Population 37,803

Median Home Value $209,671

56% less expensive than Chicago

Population 10,764

Median Home Value $211,134

56% less expensive than Chicago

Population 18,065

Median Home Value $218,342

54% less expensive than Chicago

Population 36,372

Median Home Value $226,333

53% less expensive than Chicago

Chicago neighborhoods

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Best Neighborhoods in Chicago for Singles

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Best Neighborhoods in Chicago for Families

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Safest Neighborhoods in Chicago

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Most Dangerous Neighborhoods in Chicago

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Most Affordable Neighborhoods in Chicago

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Most Expensive Neighborhoods in Chicago

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