{"id":15157,"date":"2017-03-28T11:39:50","date_gmt":"2017-03-28T16:39:50","guid":{"rendered":"https:\/\/urbanmatter.com\/chicago\/?p=15157"},"modified":"2017-03-28T11:39:50","modified_gmt":"2017-03-28T16:39:50","slug":"chicago-rent-prices-by-neighborhood","status":"publish","type":"post","link":"https:\/\/urbanmatter.com\/chicago\/chicago-rent-prices-by-neighborhood\/","title":{"rendered":"Chicago Rent Prices by Neighborhood: Spring Edition"},"content":{"rendered":"<p id=\"arIndex_0\">Last month, we shared Zumper&#8217;s national rent report, which listed <a href=\"https:\/\/urbanmatter.com\/chicago-rent-prices\/\" target=\"_blank\">Chicago as the 10th highest city in the country for rent prices<\/a>. The median price was $1,730 for a one-bedroom and $2,280 for a two-bedroom.<\/p>\n<p id=\"arIndex_1\">\n<p id=\"arIndex_2\">Now the rental company has mapped out a more detailed look at pricing by neighborhood. After surveying 98 neighborhoods in Chicago, Zumper released a heatmap that shows the current rent price climate across the city.<\/p>\n<p id=\"arIndex_3\">Among the priciest neighborhoods were Greektown ($2,080), West Loop ($2,050), and Streeterville ($2,050). Other relatively expensive neighborhoods were the Loop ($1,950), Rush &amp; Division ($1,820), and Near South Side ($1,820). River North ($2,175) still keeps its place as the most expensive neighborhood in the city.<\/p>\n<p id=\"arIndex_4\">The lowest rent prices were found in Fuller Park ($600), Riverdale ($600), and South Deering ($625). Other relatively inexpensive neighborhoods include West Pullman ($720), Calumet Heights ($725), and Beverly ($750).<\/p>\n<p id=\"arIndex_5\">Chicago neighborhoods that sat in the middle of the spectrum were Irving Park ($1,050), Albany Park ($1,100), Edgewater ($1,210), and Avondale ($1,250).<\/p>\n<p id=\"arIndex_6\">Garfield Ridge and Wicker Park\u00a0were found to have the fastest growing rents at an increase of 10% since the previous quarter.<\/p>\n<p id=\"arIndex_7\">Chicago&#8217;s place as one of the most expensive cities in the country has made it difficult for millennials to afford their own residences, with many opting to live with their parents, <a href=\"https:\/\/www.abodo.com\/blog\/millennials-living-at-home\/\" target=\"_blank\">according to a recent study<\/a>.<\/p>\n<p id=\"arIndex_8\">Check out a preview of the heatmap below. To see the complete interactive map and full report by Zumper, click <a href=\"https:\/\/www.zumper.com\/blog\/2017\/03\/chicago-rent-prices-mapped-this-spring-march-2017\/\" target=\"_blank\">here<\/a>.<\/p>\n<p id=\"arIndex_9\">\n<p id=\"arIndex_10\">\n<p id=\"arIndex_11\"><a href=\"https:\/\/urbanmatter.com\/chicago\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-28-at-9.42.46-AM.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-15159 size-full\" src=\"https:\/\/urbanmatter.com\/chicago\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-28-at-9.42.46-AM.png\" alt=\"chicago rent prices by neighborhood\" width=\"570\" height=\"675\" srcset=\"https:\/\/urbanmatter.com\/chicago\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-28-at-9.42.46-AM.png 570w, https:\/\/urbanmatter.com\/chicago\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-28-at-9.42.46-AM-253x300.png 253w\" sizes=\"auto, (max-width: 570px) 100vw, 570px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last month, we shared Zumper&#8217;s national rent report, which listed Chicago as the 10th highest city in the country for rent prices. The median price was $1,730 for&hellip;<\/p>\n","protected":false},"author":12,"featured_media":15161,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1554],"tags":[2056,511,1982,2055],"class_list":["post-15157","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-category-news","tag-apartments","tag-chicago-neighborhoods","tag-chicago-rent","tag-chicago-rent-prices"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.4 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Chicago Rent Prices by Neighborhood: Spring Edition | UrbanMatter<\/title>\n<meta name=\"description\" content=\"Chicago was recently ranked the 10th highest in the nation for rent. 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