Survey: The most expensive neighborhoods in Chicago


According to a new survey from, Lake View is Chicago’s priciest neighborhood in terms of travel accommodations.

Photo: Mack Male via Flickr/ CC BY-SA 2.0

The survey compared 20 neighborhoods in the Chicago metropolitan area according to the average nightly room rates for the least expensive double guestrooms available. Room rates for 3-star hotels and above for the month of June 2019 were considered.

In Lake View on Chicago’s North Side, travelers spend an average $217 per night for the least expensive double room. Following on Lake View’s heels is Lincoln Park, the second-priciest Chicago neighborhood for accommodations at an average $184 per night.

For cost-conscious travelers, Schaumburg is the most affordable Chicago neighborhood. The northwestern suburb offers room rates starting at $89. Very similarly, Lansing and Hammond, also suburbs, offer guests average nightly rates starting at $94 and $97, respectively.

However, Chicago’s most popular destinations for travelers by far are the downtown Loop district and Near South Side (Magnificent Mile). There, travelers pay an average $161 per night for a guestroom in the former, and just a few dollars more for guestrooms around the latter.

See all 20 Chicago neighborhoods and suburb towns ranked according to cost of lodging, below. The rates in parenthesis reflect the average June 2019 nightly rate for the most affordable double guestrooms at hotels rated a minimum 3 stars.

1. Lake View $217
2. Lincoln Park $184
3. Hyde Park $174
4. Deerfield $172
5. Gold Coast $165
6. Near South Side $164
7. The Loop $161
8. Streeterville $156
9. River North $152
10. Burr Ridge $136
11. Evanston $134
12. Naperville $128
13. Tinley Park $111
14. Around Midway Airport $106
15. Itsca $104
16. Around O’Hare $103
17. Oak Brook $99
18. Hammond $97
19. Lansing $95
20. Schaumburg $89

Press Contact: Holly Riddle, +1-805-308-9660