aerial view of Chicago

The Best Renter-Friendly Neighborhoods In Chicago, Illinois

Harmonic is a partner of Dwellsy.

Windy City offers a variety of houses for rent in multicultural neighborhoods, whether you need them for a few months or for the long term. You can choose to have rental homes based on your convenience. For example, if you wish to shorten the time of commute to your workplace in the main city, you can easily discover a suitable place from thousands of available apartments for rent downtown.

When they say, “Your neighborhood defines who you are,” they are right! Our surroundings indeed influence us in several ways. Therefore, it’s very important to choose a place that aligns with your topmost priorities and values. Before you plan to move in, make sure you have found the best neighborhood to fulfill your residential requirements in the best way possible.

To make your search more efficient and convenient, we have done some extensive research and come up with a list of neighborhoods that offer houses and apartments for rent to cater to your needs and expectations while living in Chicago.

Downtown

Whether you are planning to tour this beautiful city or you are an international student looking for a place near your school, you will find plenty of homes for rent in the Downtown Chicago area. Having a rental apartment Downtown does not limit the renters to having a gorgeous view of the city skyline from their balconies. It also provides a fun way to check out stunning architecture and other beautifully designed landscapes at Chicago Architecture Center. It has a range of nearby places with interesting venues to explore, including a number of art galleries and bars and Buckingham Fountain, Chicago Cultural Center, Willis Tower, and music clubs such as Buddy Guy’s Legend and Jazz Showcase.

In case you are not much into all the glitz and glamor, Downtown offers you the option to simply relax at Chicago Riverwalk while watching birds and having boat excursions around you.

Being a versatile neighborhood with exposure to a list of attractive places to discover, it offers houses for rent at a relatively higher cost. A studio apartment may cost you an average of $1700, while 1 bedroom apartment may come at a rental value of $2500. Similarly, a 2 bedroom apartment may be priced at $4000 accordingly.

Lakeview

For your love of water, Lakeview in Chicago has houses for rent to cater to your accommodation needs while keeping you mesmerized with its vivacious ambiance. This sweet and charming locality has a lot to offer, ranging from fine dining restaurants to vintage stores, clothing shops, music clubs, sports clubs, jogging parks, and cocktail bars. This stunning place puts a lot of attention to detail in terms of the environment as well as the cost to reside in rental homes. You will find apartments for rent starting from $1,200 for studio size, 1 bedroom apartment for $1,700, and 2 bedroom apartment for $2,343 per month.

Hyde Park

Hyde Park is an ideal area to reside for those having a big budget. With its diverse culture and beautiful museums to visit, it comes under an elite residential area with well-designed rental homes and the top-notch campus of the prestigious University of Chicago within its locality. As far as the rent is concerned, it costs lesser than that required to pay for homes for rent in the main city. The average monthly cost to rent a studio apartment is $1,200, a 1 bedroom apartment for $1,600, and a 2 bedroom apartment for $1,800.

Andersonville

If you are looking out for a safe and secure locality that believes in humanity and caters to all genders, including LGBTQ, Andersonville is the place for you to get houses for rent. It provides access to modern restaurants and shopping malls, as well as cocktail bars and museums. If you are a food enthusiast who loves to explore various places to dine out every other day, this lively neighborhood has a lot of hotels and eateries for you to discover every day. This place is very affordable for young tenants, and you should expect to pay an average rent of $1200 per month.

Lincoln Square

Lincoln Square is a peaceful and calm neighborhood with a large number of rental houses for people who wish to have a sober lifestyle. To cater to your food interests, it has a number of continental restaurants to dine out in, including Bavarian-style bakeries, German restaurants as well as cocktail bars, and music clubs for good nightlife. If you are a fashion lover, Lincoln Square has plenty of cafes for you to explore, where you will come across like-minded people to socialize with and share your fashionable ideas.

For music lovers, it serves as a hub of electronic music, with live concerts and music festivals happening every weekend. If you are planning to rent a house in this neighborhood, you are bound to have enjoyable weekends with a wide range of entertaining live shows and exhibitions being held on a weekly basis. The average monthly rent for an apartment is $1,200.

North Center

For vintage architecture lovers, North Center has various old-style apartments for rent as well as rental homes in redbrick design. You will find many multi-story residential homes at a reasonable price of $1,500 per month. For your kids to study in the best public school, Lane Tech High School has the best faculty and academic environment for children to grow into well-mannered, ambitious, and qualified adults in the future.

Check out Dwellsy’s blog for more.

Looking for a home for rent? Dwellsy has you covered.

author avatar
Lena Stevens
Lena Stevens works as a Content Marketing Coordinator for Dwellsy and has been with the company since 2020. She graduated from Vassar College in 2021 with a double-major in Film and Media Studies. As a life-long renter, Lena knows firsthand how stressful and frustrating it can be to search for a rental home, especially when you’re under time restraints. Her primary goal is to spread the word about Dwellsy to renters everywhere that are looking for a reliable platform with active, relevant, and trustworthy rental listings. She hopes that one-day Dwellsy will be recognized as a platform that is truly “Built for renters.”

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