Most Affordable Chicago Suburbs for Renters in 2024

Chicago, also known as the Windy City, has a lot to offer its residents. It has diverse neighborhoods and a constantly changing skyline. Living in Chicago can be expensive, so you might be curious about the cost of rent in the city. The typical monthly rent is $1,572 for a studio apartment, $1,907 for a one-bedroom apartment, and $2,558 for a two-bedroom apartment. However, these prices might be too expensive for you.

If you want a cheaper option than Chicago but still want to be close enough to enjoy the city’s busy atmosphere, you’re in the right place. This article will explore some of the most affordable suburbs in Chicago. Below, you will find a range of towns, from peaceful small ones to vibrant communities, where you might discover your next hometown.

Oak Lawn

  • Average rent for a studio: $1,450
  • Average rent for a one-bedroom$950
  • Average rent for a two-bedroom: $1,400
  • Distance from Chicago: 17 miles

The least expensive suburb near Chicago is Oak Lawn. You are only about 17 miles southwest of Chicago, so you are just a short distance away from the city center. Living in Oak Lawn can save you a lot of money because the average rent for a one-bedroom apartment is almost half the cost compared to Chicago.

If you’re in Oak Lawn, you have the opportunity to visit some of the local parks, such as Oak Lawn Park District and Wolfe Wildlife Park. You can also find many local restaurants and shops in the downtown area. This will give you a chance to experience the town’s unique character and charm.

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Joliet

  • Average rent for a studio$890
  • Average rent for a one-bedroom$1,005
  • Average rent for a two-bedroom$1,195
  • Distance from Chicago: 45 miles

Our top pick for affordable Chicago suburbs is Joliet, located about 45 miles southwest of Chicago. The area has approximately 150,400 residents, and the average rents are lower than those in Chicago. For instance, a one-bedroom apartment in Joliet is priced at $1,005, while in Chicago it costs $1,907.

If you decide to relocate to Joliet, you will discover numerous interesting places to visit and discover. One place you can visit is the Old Joliet Prison. They offer guided tours and you can learn about its interesting history.

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Skokie

  • Average rent for a studio: $2,022
  • Average rent for a one-bedroom$1,375
  • Average rent for a two-bedroom$1,450
  • Distance from Chicago: 15 miles

Skokie is a good choice for people who want to rent a place to live. It is also close to Chicago, only 15 miles to the north. If you’re looking for a more affordable option, Skokie might be the right suburb for you. The average rent for a one-bedroom in Skokie is about $530 less than in Chicago.

Skokie has a beautiful place called the Emily Oaks Nature Center. It has hiking trails, places to watch wildlife, and programs to learn about the environment.

Arlington Heights

  • Average rent for a one-bedroom$1,533
  • Average rent for a two-bedroom: $1,844
  • Distance from Chicago: 30 miles
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Arlington Heights is a well-known suburb of Chicago and it is ranked sixth on our list. There are about 76,000 people living in this area, which gives it a small town vibe.

Arlington Heights has a strong downtown area with many shops and restaurants, which makes it a lively and friendly place. The town is also where Lake Arlington is located. The lake has many trails and beautiful views.

Des Plaines

  • Average rent for a studio$1,836
  • Average rent for a one-bedroom$1,600
  • Average rent for a two-bedroom: $1,902
  • Distance from Chicago: 20 miles

If you live in Chicago, you may already be familiar with Des Plaines, which is one of its most affordable suburbs. The average rent for a one-bedroom unit in Des Plaines is $1,600, while a two-bedroom unit costs $1,902. This means you can save a significant amount of money compared to renting in Chicago.

You can have a great time in this inexpensive suburb of Chicago. You can watch a show at Des Plaines Theatre and explore the lovely downtown area.

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