Despite Wicker Park being such a popular place to live, the average rent in Wicker Park is lower than the rest of downtown Chicago. Wicker Park has been one of Chicago’s hottest neighborhoods since the 1980s when tons of artists flocked to the area. Today the bohemian feel is still present, creating a lively creative community that makes it a great place to call home.
Living in the Wicker Park (also referred to as Bucktown), you’ll be surrounded by globally inspired restaurants, chic boutiques along Damen, independent galleries and venerable dive bars. Spend free time jogging along one of Chicago’s largest green spaces– The 606, browsing alternative bookstores like Myopic Books on Milwaukee, stopping into Bru for a coffee or crepe, grabbing a craft pizza or cocktail at the trendy Paradise Park on North Ave, or checking out First Friday art shows at the Flat Iron Arts Building. While everything you need is within walking distance, you’re never far from the rest of what Chicago offers, either: Eight bus routes, three CTA Blue Line stops and the Clybourn Metra stop service the area.
With so much to love about this hip Chicago neighborhood, you may wonder about the average rent in Wicker Park. If you want to move here, what can you expect in terms of cost? Here’s what you need to know.
Although the cost of living in Wicker Park is on the higher side compared to other parts of the country, it’s more affordable than some of the other downtown neighborhoods in Chicago. Wicker is known as a trendy, sought-after neighborhood with a mix of vintage homes, new condos, boutiques, cafes, and nightlife. Here’s an approximate breakdown of the cost of living in Wicker Park>
Here’s a breakdown of average rent prices in Wicker Park, Chicago:
Apartment Size | Average Rent in Wicker Park (Monthly) |
---|---|
Studio | $1,400 – $2,400 |
1 Bedroom | $1,800 – $2,800 |
2 Bedroom | $2,550 – $4,250 |
3 Bedroom | $3,500 – $6,200 |
4 Bedroom | $4,000 – $8,000 |
The average rent in Wicker Park is approximately $2,757 per month (when averaged across all unit types and all levels of quality), positioning it as more affordable than some luxury areas like River North ($3,031) or Streeterville ($3,126). However, Wicker Park is pricier than non-downtown neighborhoods like Albany Park (averaging around $1,465), Uptown ($1,524), and Lakeview ($1,962). This makes Wicker Park a relatively affordable option within the downtown area, though it remains one of the higher-cost neighborhoods in Chicago overall.
If you’re interested in learning more about making Wicker Park your home, browse our available rentals!