Best Affordable Neighborhoods in Chicago, IL
Some of the cheapest neighborhoods in Chicago are Marynook, Calumet Heights, and Burnside. These neighborhoods offer some of the lowest rent prices in Chicago, making them ideal for renters on a budget. As of April 8, 2026, the average rent in Chicago is $2,016, which is 2% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Marynook
Average Rent
$959/Month
Units Available
20 Rentals
When you’re looking for a great Chicago neighborhood on a budget, check out Marynook. The average rent is $959, compared to the city average of $2,016. Marynook is convenient to Jeffrey Manor II, Bessemer Park, and Arthur Ashe Beach Park.
Calumet Heights
Average Rent
$969/Month
Year-Over-Year Rent Change
2.2%
Units Available
19 Rentals
Calumet Heights is an affordable neighborhood in Chicago with an average rent price of $969. Compare this to the city average of $2,016. In the past year, rent prices have increased by 2.2%. Calumet Heights provides easy access to Bessemer Park, 87Th Street Station, and 95th & Jeffrey Shopping Center.
Burnside
Average Rent
$982/Month
Year-Over-Year Rent Change
1.2%
Units Available
24 Rentals
If you’re looking for a great, affordable neighborhood in Chicago, Burnside might be the perfect place! It has an average rent price of $982, while the city’s average stands at $2,016. In the last year, prices have decreased by 1.2%. Burnside is near Trumbull Park, Chicago Midway International, and 95Th/Dan Ryan Terminal.
Grand Crossing
Average Rent
$990/Month
Year-Over-Year Rent Change
1%
Units Available
14 Rentals
Grand Crossing is a top choice for budget-conscious renters for a variety of reasons. The average rent in Grand Crossing is $990 while the city average is $2,016. This is a 1% difference from last year. Residents enjoy convenient access to Avalon Park, Midway Plaisance Park, and Chicago State University.
Marquette Park
Average Rent
$990/Month
Year-Over-Year Rent Change
3.3%
Units Available
14 Rentals
When you’re looking for a great Chicago neighborhood on a budget, check out Marquette Park. The average rent is $990, compared to the city average of $2,016. Rent prices have increased by 3.3%. Marquette Park is convenient to Saint Xavier University, Chicago State University, and Chicago O'Hare International.
Roseland
Average Rent
$997/Month
Year-Over-Year Rent Change
1.4%
Units Available
26 Rentals
Roseland is an affordable neighborhood in Chicago with an average rent price of $997. Compare this to the city average of $2,016. In the past year, rent prices have increased by 1.4%. Roseland provides easy access to Richard J. Daley College, Chicago O'Hare International, and Prospect Gardens Park.
Avalon Park
Average Rent
$998/Month
Year-Over-Year Rent Change
2.9%
Units Available
30 Rentals
If you’re looking for a great, affordable neighborhood in Chicago, Avalon Park might be the perfect place! It has an average rent price of $998, while the city’s average stands at $2,016. In the last year, prices have increased by 2.9%. Avalon Park is near Arthur Ashe Beach Park, 69Th Street Station, and Cottage Grove Station.
Dauphin Park
Average Rent
$1,000/Month
Units Available
12 Rentals
Dauphin Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Dauphin Park is $1,000 while the city average is $2,016. Residents enjoy convenient access to Chicago O'Hare International, University of Chicago, and 712 E 87th St.
Auburn Highlands
Average Rent
$1,014/Month
Units Available
10 Rentals
When you’re looking for a great Chicago neighborhood on a budget, check out Auburn Highlands. The average rent is $1,014, compared to the city average of $2,016. Auburn Highlands is convenient to Foster Park, Winchester Place, and University of Chicago.
East Chatham
Average Rent
$1,017/Month
Units Available
109 Rentals
East Chatham is an affordable neighborhood in Chicago with an average rent price of $1,017. Compare this to the city average of $2,016. East Chatham provides easy access to Jackson Park, Cottage Grove Station, and Saint Xavier University.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.