Cost of living in Avalon Park, Chicago (2026)

Key takeaway: A one-bedroom in Avalon Park rents for about $1,010 to $1,050 a month in 2026, single-family homes sold for a median $174,000 in 2024, and the 28-acre park the neighborhood is named for has a pool, track and tennis courts.

Avalon Park is a small South Side neighborhood of brick bungalows around 83rd Street and Stony Island, next to Chatham, with Metra Electric stops nearby. Its typical one-bedroom, about $1,010 a month, runs about $1,069 below the citywide typical of $2,079 (Zillow, September 2026), the 3rd lowest of the 92 areas in our neighborhood comparison.

Typical one-bedroom$1,010 a month
Typical two-bedroom$1,400 a month
Income for your own one-bedroomAbout $40,400 a year
L linesNone
MetraMetra Electric
Part of the citySouth Side
At a glance, October 2026. Rents are the figures used in the sample budget below; income is our calculation, rent times 40.
Avalon Park cost of living: typical one-bedroom $1,010 and two-bedroom $1,400 a month, compared with $2,079 and $2,516 citywide
Typical rents in Avalon 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 · Parks · Parking · Taxes and home prices · Buyer help · Sample budget

Rent by apartment size

UnitZumper (avg., Oct 2026)RentHop (Oct 2026)
1 bedroom$1,010$1,050
2 bedrooms$1,400$1,700
3 bedroomsn/a$2,100

Source: Zumper Avalon Park rent research, updated October 25, 2026; RentHop Avalon Park. Few studios are listed in Avalon Park. Sources differ because they track different listings; see why rent reports disagree.

Getting around

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

Groceries nearby

StoreAddress
ALDI7800 S. South Chicago Ave.
Jewel-Osco 95th and Stony Island (southeast)1655 E. 95th St.

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

Parks

Avalon Park at 1215 E. 83rd St. covers 28 acres with a pool, fieldhouse, gym, fitness center, water playground, tennis and pickleball courts and a track (Chicago Park District).

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

The Assessor’s 2024 report put Avalon Park median sale prices at $174,000 for a single-family home and $230,000 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). Businesses are in SSA 50 Calumet Heights/Avalon (City of Chicago SSA list). 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.

Help buying a home

  • HomeGrown (City of Chicago): purchase grants of $10,000 to $70,000 depending on income and which of two city zones the home is in, for buyers up to 150% of area median income, launched June 2026 with $21 million (Sun-Times).
  • IHDAccess Home (State of Illinois): up to $15,000 for first-time buyers as a 0% deferred second mortgage (Governor’s office).
  • Cook County Down Payment Assistance: 5% of the loan, up to $25,000, forgivable over five years (Cook County).

Avalon Park cost of living: a sample monthly budget

SetupRentCTA passIncome needed at 30% rent
Your own one-bedroom$1,010$75$40,400
Half of a two-bedroom$700$75$28,000
Your own two-bedroom$1,400$75$56,000

Source: our calculation from the Zumper averages above. See neighboring Chatham. 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 South Side neighborhood profiles: Archer Heights, Ashburn, Auburn Gresham, Back of the Yards and Canaryville, Beverly, Bridgeport, Brighton Park, Bronzeville, Burnside, Calumet Heights, Chatham, Chicago Lawn, Chinatown, Clearing, East Side, Englewood, Fuller Park, Gage Park, Garfield Ridge, Greater Grand Crossing, Hegewisch, Hyde Park, Kenwood, McKinley Park, Morgan Park, Mount Greenwood, Oakland, Pullman, Riverdale, Roseland, South Chicago, South Deering, South Shore, Washington Heights, Washington Park, West Elsdon, West Englewood, West Lawn, West Pullman and Woodlawn.

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

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top