Cost of living in Edison Park, Chicago (2026)

Key takeaway: A one-bedroom in Edison Park rents for about $1,550 to $1,700 a month in fall 2026, two-bedrooms about $1,825 to $1,975, and its own Metra station gets you downtown for $3.75.

Edison Park is Chicago’s northwesternmost neighborhood, next to Park Ridge, with a walkable business strip along Northwest Highway around the Metra station. Its typical one-bedroom, about $1,550 a month, runs about $529 below the citywide typical of $2,079 (Zillow, September 2026), the 38th highest of the 92 areas in our neighborhood comparison.

Typical one-bedroom$1,550 a month
Typical two-bedroom$1,975 a month
Income for your own one-bedroomAbout $62,000 a year
L linesNone (Blue Line nearby)
MetraUnion Pacific Northwest
Part of the cityNorthwest Side
At a glance, October 2026. Rents are the figures used in the sample budget below; income is our calculation, rent times 40.
Edison Park cost of living: typical one-bedroom $1,550 and two-bedroom $1,975 a month, compared with $2,079 and $2,516 citywide
Typical rents in Edison Park compared with the citywide typical (Zillow, September 2026). Neighborhood figures are the ones in the table above; income is our calculation, rent times 40.

On this page: Rent · Getting around · Groceries · Parking · Taxes and home prices · Sample budget

Rent by apartment size

UnitZumper (avg., Oct 2026)RentHop (median, Oct 2026)
Studio$1,447$1,500
1 bedroom$1,550$1,700
2 bedrooms$1,975$1,825
3 bedrooms$2,747$2,550

Source: Zumper Edison Park rent research, updated October 21, 2026; RentHop Edison Park. Sources differ because they track different listings; see why rent reports disagree.

Getting around

  • Metra: Edison Park station at 6730 N. Olmstead Ave. on the Union Pacific Northwest Line, Zone 2 at $3.75 one way or $75 a month, with 264 daily parking spaces (Metra fares). See Metra fares.
  • Buses: #68 Northwest Highway to the Blue Line at Jefferson Park.
  • L: no station in Edison Park; the Blue Line stops at Harlem to the south.

A 30-day CTA pass is $75 (CTA).

Groceries nearby

StoreAddress
Jewel-Osco Park Ridge (just north)481 Busse Hwy., Park Ridge

Source: each store’s own location page or locator, checked October 25, 2026. See our Chicago grocery guide.

Parking

If you will have a car, check your block with the City Clerk’s zone lookup before you sign a lease. Adding a residential permit zone to your City Sticker costs $25 to $35 a year, on top of the $105.18 passenger-car sticker; our parking guide covers guest passes, meters and garages.

Property taxes and home prices

Edison Park is in Jefferson Township (Cook County Assessor). The Assessor’s 2024 report put Edison Park median sale prices at $210,000 for a condo, $460,000 for a single-family home and $733,000 for a two-to-six-unit building (Cook County Assessor, 2024 Chicago report). Citywide, the median Chicago homeowner bill for tax year 2025, mailed in August 2026, was $4,597, up 3.2% (Cook County Treasurer). For how bills are set and how to appeal, see our property tax guide, and to weigh owning against renting, our rent vs. buy calculator.

Edison Park cost of living: a sample monthly budget

SetupRentCTA passIncome needed at 30% rent
Your own one-bedroom$1,550$75$62,000
Half of a two-bedroom$988$75$39,520
Your own two-bedroom$1,975$75$79,000

Source: our calculation from the Zumper averages above (half of $1,975, rounded). Income needed is monthly rent times 12, divided by 0.30. For a fuller answer that includes taxes and the rest of your budget, try our Chicago salary calculator, and see Chicago move-in costs for what you’ll pay up front.

Compare every neighborhood side by side in our Chicago neighborhood cost comparison, or work out your own number with our salary calculator. More Northwest Side neighborhood profiles: Albany Park, Avondale, Belmont Cragin, Bucktown, Dunning, Hermosa, Irving Park, Jefferson Park, Logan Square, Montclare, Norwood Park, O’Hare, Old Irving Park, Portage Park and Sauganash and Forest Glen.

Costs that apply in every neighborhood: property tax bills, closing costs and condo fees, water, sewer and garbage fees, ComEd and Peoples Gas, CTA fares, parking, average salaries by job and our Chicago cost index.

Sources

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