Looking to make a move to the Windy City, but not sure where to settle? Chicago is a city of stunning diversity, where each neighborhood offers a unique vibe, culture, and lifestyle. Whether you’re a family seeking schools and parks, a young professional craving vibrant nightlife, or someone who just loves great architecture and local eats, there’s a neighborhood here for you.
This guide breaks down the top 10 best neighborhoods in Chicago for renters, providing all the essential details you need—like average rental prices, amenities, and safety—to find your perfect match. By the end of this blog, you’ll have a clear idea of where to start exploring in this incredible city.
How We Chose These Neighborhoods
Chicago is home to over 70 neighborhoods, but we’ve rounded up the 10 best based on the following criteria:
- Affordability: Finding affordable neighborhoods in Chicago is key.
- Safety: Key for families and individuals alike, we considered neighborhoods with strong safety ratings.
- Access to Amenities: Schools, parks, restaurants, and shops are a must.
- Community Culture: Each featured area offers a welcoming, vibrant community ideal for exploring life in Chicago.
1. Fulton River District
Why It’s Great
The Fulton River District combines the charm of neighborhood living with proximity to the downtown core. With industrial vibes and chic apartments, this area is especially appealing to young professionals.
Highlights
- Average Rent: Around $2,100/month for 1-bedrooms
- Attractions: Great restaurants like The Dawson, access to The Loop, and a short commute to River North.
- Nearby Amenities: Dog-friendly parks and highly rated gyms
Resident Take
“I love the walkability and the proximity to Fulton Market’s food scene!”
2. Gold Coast
Why It’s Great
Known for its swanky vibe, the Gold Coast mixes upscale living with vintage charm. Ideal for renters seeking a polished lifestyle near the city’s best stores and outdoor spots like Oak Street Beach.
Highlights
- Average Rent: $2,800/month for 1-bedrooms
- Safety: Rated as one of the safest neighborhoods in Chicago.
Resident Take
“The old architecture and lakefront views make my daily walks unforgettable.”
3. New East Side
Why It’s Great
Tucked between Millennium Park and Lake Michigan, this hidden gem offers sleek apartment complexes and stunning skyline views. A favorite for professionals who value convenience and luxury.
Highlights
- Average Rent: $3,000/month for 1-bedrooms
- Nearby Amenities: Unbeatable public transport, relaxing green spaces like Maggie Daley Park.
Resident Take
“It’s the perfect mix of urban convenience and relaxation by the lake.”
4. Old Town
Why It’s Great
Old Town is beloved for its charm, with cobblestone streets lined by historic townhouses. Perfect for families and professionals alike, it strikes the ideal balance between quiet and lively.
Highlights
- Average Rent: $2,200/month for 1-bedrooms
- Community Culture: Famous comedy clubs like The Second City, and year-round festivals.
Resident Take
“I feel like I’m living in history with so many iconic landmarks!”
5. Printer’s Row
Why It’s Great
Once an industrial hub, Printer’s Row is now a trendy spot with loft apartments and creative spaces. Perfect for renters who want a unique living experience.
Highlights
- Average Rent: $2,000/month for 1-bedrooms
- Nearby Amenities: Close proximity to the Chicago Riverwalk and Grant Park.
Resident Take
“The character of the old buildings blends beautifully with modern living.”
6. River North
Why It’s Great
River North is known for being a cultural hub, filled with art galleries, cocktail bars, and luxury apartments. Ideal for those craving the city’s artistic and trendy side.
Highlights
- Average Rent: $2,900/month for 1-bedrooms
- Nightlife: A go-to for Chicago’s vibrant nightlife scene.
Resident Take
“It feels alive here, especially in the evenings.”
7. South Loop
Why It’s Great
South Loop is popular for its modern high-rises and close proximity to the museums within Grant Park. It appeals to renters who prioritize convenience and cultural attractions.
Highlights
- Average Rent: $2,300/month for 1-bedrooms
- Family-Friendly: Great schools and spacious parks make this ideal for families.
Resident Take
“Living so close to the lake and museums is a dream.”
8. Streeterville
Why It’s Great
Located right on the lakefront, with soaring towers and iconic Chicago landmarks, Streeterville delivers luxury with a view.
Highlights
- Average Rent: $2,950/month for 1-bedrooms
- Unique Features: Navy Pier and a stunning waterfront trail.
Resident Take
“Every morning, I see Lake Michigan—it never gets old.”
9. The Loop
Why It’s Great
The Loop is the heart of downtown Chicago. Perfect for professionals wanting to live close to their office, it’s home to high-rises and Chicago’s business district.
Highlights
- Average Rent: $2,600/month for 1-bedrooms
- Convenience: Amazing transit options for easy city navigation.
Resident Take
“I feel like I’m in the center of everything—it’s exhilarating.”
10. West Loop
Why It’s Great
West Loop epitomizes Chicago’s food scene, housed in converted warehouses and brimming with Michelin-star restaurants. Perfect for foodies and young professionals.
Highlights
- Average Rent: $2,700/month for 1-bedrooms
- Dining: Explore hotspot eateries like Au Cheval and Girl & the Goat.
Resident Take
“The energy here is unbeatable—and the food is a huge bonus.”
Tips for Navigating Chicago’s Rental Market
Finding the right apartment can be daunting, but these tips will make the process easier:
- Research Neighborhoods: Use this guide to prioritize areas to visit.
- Set a Budget: Focus on areas aligning with your monthly rental range.
- Tour Multiple Apartments: Get a firsthand feel for the neighborhood and space.
- Work with Experts: Our team at City Living Realty is here to help streamline the process.
Find Your Perfect Chicago Neighborhood Today
Whether you’re dreaming of riverside lofts or skyline high-rises, there’s a Chicago neighborhood waiting to welcome you. The best way to make your decision? Come and explore these neighborhoods in person.
At City Living Realty, we make renting stress-free with personalized guidance and expert market knowledge. Reach out to one of our agents today, and find the home that perfectly fits your Chicago lifestyle.
