Chicago is a vibrant city and a great place to live. But with its high cost of living, it can be hard to find a safe and affordable place to call home. Fortunately, there are some areas within the city that offer great value for money. Here’s a look at some of the safest and most affordable places to live in Chicago.
The West Loop is one of the most desirable areas in Chicago. It’s close to downtown, has plenty of restaurants and nightlife, and boasts some of the most luxurious buildings in the city. But it’s also one of the safest and most affordable neighborhoods in Chicago. The median rent for a one bedroom apartment here is $1900 per month, making it affordable for those on a budget. Plus, the West Loop has a low crime rate, making it an ideal neighborhood for singles, couples, and families.
Another affordable and safe neighborhood is Lincoln Park. It’s a great place to live if you’re looking for a more suburban atmosphere. The median rent for a one bedroom apartment is $1450 per month, making it one of the more affordable areas in the city. Plus, it’s close to the lake, has plenty of green spaces, and a low crime rate.
If you’re looking for a slightly more affordable area, consider the South Loop. The median rent for a one bedroom apartment here is $1200 per month. The South Loop is close to downtown, has plenty of restaurants and shops, and has a low crime rate. Plus, it’s close to the lakefront trails, making it a great spot for outdoor enthusiasts.
Finally, if you’re looking for a truly affordable option, check out the neighborhoods of Humboldt Park and West Garfield Park. The median rent for a one bedroom apartment here is just $750 per month. Both neighborhoods are close to downtown, have plenty of public transportation, and have a low crime rate. Plus, they’re home to some of the city’s best Mexican restaurants and nightlife.
When it comes to finding a safe and affordable place to live in Chicago, there are a variety of options. Whether you’re looking for a luxurious building in the West Loop or a budget-friendly option in Humboldt Park, you’re sure to find a great place to call home.
Identifying the Safest and Most Affordable Places to Live in Chicago
Chicago is a vibrant city with many wonderful and diverse neighborhoods. But it’s not always easy to know which of these areas would be the safest and most affordable places to live. To help, we’ve compiled a list of the safest and most affordable places to live in Chicago.
The safest neighborhoods in Chicago are well-known for their low crime rates and general sense of safety. The most notable locations include the Loop, Gold Coast, and North Center. These area are known for their low crime rates and vibrant communities, as well as access to top-rated amenities. Additionally, many of these areas offer affordable housing options, making them ideal locations for those looking to save money.
For those looking for a more affordable option, the Southwest Side of Chicago offers a variety of housing options and neighborhoods that are both safe and reasonably priced. The residents of these neighborhoods are generally friendly and the areas are home to many small businesses and eateries. Additionally, these neighborhoods often offer easy access to public transportation, making it easy to get around the city.
Other neighborhoods to consider include Irving Park, Lincoln Park, Bridgeport, and Pilsen. These areas are relatively safe and offer affordable housing options. Additionally, each of these locations has a unique character, with plenty of dining and cultural amenities to explore.
When looking for the safest and most affordable places to live in Chicago, it is important to take the time to research each neighborhood thoroughly. Consider factors such as safety, access to amenities, and cost of living when making your decision. Additionally, be sure to take a look at the current housing market in each area to ensure that you are getting the best possible deal.
To help you explore your options, we’ve compiled a list of the safest and most affordable places to live in Chicago. Note that the cost of living is based on median rent and median home values from Zillow.
| Neighborhood | Median Rent ($) | Median Home Value ($) |
|---|---|---|
| Loop | $1,650 | $558,400 |
| Gold Coast | $1,800 | $455,400 |
| North Center | $1,500 | $566,400 |
| Southwest Side | $1,200 | $247,700 |
| Irving Park | $1,400 | $420,000 |
| Lincoln Park | $1,900 | $624,200 |
| Bridgeport | $1,400 | $255,100 |
| Pilsen | $1,300 | $339,200 |
When deciding which neighborhood to live in, it is important to take the time to research each area thoroughly. Consider factors such as safety, access to amenities, and cost of living when making your decision. Additionally, be sure to take a look at the current housing market in each area to ensure that you are getting the best possible deal.
Exploring the Top Most Affordable and Safest Neighborhoods in Chicago
Chicago is one of the largest and most diverse cities in the United States, with a wide variety of neighborhoods to explore. With its vibrant culture, great restaurants, and unique attractions, there is something for everyone. But when it comes to finding the best place to live in Chicago, safety and affordability are two major considerations.
The Chicago Metropolitan Area has seen a decrease in crime in recent years, which has made it easier for people to find a safe neighborhood to live in. According to the Chicago Police Department, the city’s overall crime rate is at its lowest since the 1960s.
At the same time, Chicago remains one of the most expensive cities in the country. The median home price in the city is nearly $350,000, and the median rent is over $1,000 a month. This means that finding an affordable place to live is becoming increasingly difficult.
Fortunately, there are some neighborhoods in Chicago that are both safe and affordable. Here are the top most affordable and safest neighborhoods in Chicago according to data from the Chicago Police Department, the U.S. Census Bureau, and Zillow:
| Neighborhood | Median Home Value | Median Rent | Crime Rate (per 100,000) |
|---|---|---|---|
| Lithuanian Plaza | $175,000 | $1,000 | 438 |
| Back of the Yards | $179,000 | $950 | 1,357 |
| East Garfield Park | $215,000 | $1,000 | 1,238 |
| Belmont Cragin | $225,000 | $1,100 | 1,076 |
| South Lawndale | $228,000 | $1,100 | 1,174 |
Lithuanian Plaza is one of the most affordable and safest neighborhoods in Chicago, with a median home value of $175,000 and a median rent of $1,000. It also has a relatively low crime rate of 438 per 100,000 people.
Back of the Yards is another great option for those looking for an affordable and safe neighborhood. It has a median home value of $179,000 and a median rent of $950. The crime rate is slightly higher than Lithuanian Plaza at 1,357 per 100,000 people, but it is still relatively low compared to other parts of the city.
East Garfield Park has a median home value of $215,000 and a median rent of $1,000. It also has a crime rate of 1,238 per 100,000 people, making it one of the safest neighborhoods in the city.
Belmont Cragin has a median home value of $225,000 and a median rent of $1,100. The crime rate is 1,076 per 100,000 people, which is slightly lower than East Garfield Park.
Finally, South Lawndale has a median home value of $228,000 and a median rent of $1,100. The crime rate is 1,174 per 100,000 people, making it a safe and affordable choice for those looking to live in Chicago.
No matter which of these neighborhoods you choose, you can be sure that you will be living in a safe and affordable place in Chicago. Each of these neighborhoods has its own unique charm and attractions, so it’s important to explore them all to find the one that is right for you.
The safest and most affordable area to live in Chicago is the South Side, specifically the Beverly, Mt Greenwood, and Morgan Park neighborhoods.
The south side of Chicago, including the Beverly, Mt Greenwood, and Morgan Park neighborhoods, have a relatively low crime rate compared to other parts of the city.
The average housing costs in the south side of Chicago, including the Beverly, Mt Greenwood, and Morgan Park neighborhoods, are among the most affordable in the city.
The south side of Chicago, including the Beverly, Mt Greenwood, and Morgan Park neighborhoods, have access to public transportation, as well as easy access to highways and main streets.
The south side of Chicago, including the Beverly, Mt Greenwood, and Morgan Park neighborhoods, have a variety of amenities including shopping, restaurants, entertainment, and recreational activities.
The school system in the south side of Chicago, including the Beverly, Mt Greenwood, and Morgan Park neighborhoods, is strong and offers a wide range of educational options.
The cost of living in the south side of Chicago, including the Beverly, Mt Greenwood, and Morgan Park neighborhoods, is among the lowest in the city.
The south side of Chicago, including the Beverly, Mt Greenwood, and Morgan Park neighborhoods, have a variety of job opportunities available.
Commute times in the south side of Chicago, including the Beverly, Mt Greenwood, and Morgan Park neighborhoods, are typically short due to the close proximity to major transportation routes.
The south side of Chicago, including the Beverly, Mt Greenwood, and Morgan Park neighborhoods, has a variety of recreational activities, such as parks, trails, community gardens, and more.