Cost of living in Beverly, Chicago (2026)

Key takeaway: A one-bedroom in Beverly rents for about $1,295 to $1,700 a month in 2026, single-family homes sold for a median $375,000 in 2024, and five Metra Rock Island stations along the Beverly Branch run downtown.

Beverly sits on the Far Southwest Side along the Longwood Drive ridge, with large older homes, tree-lined streets and its own Metra branch. It’s a neighborhood of houses at prices well below the North Side. Its typical one-bedroom, about $1,575 a month, runs about $504 below the citywide typical of $2,079 (Zillow, September 2026), the 36th highest of the 92 areas in our neighborhood comparison.

Typical one-bedroom$1,575 a month
Typical two-bedroom$1,750 a month
Income for your own one-bedroomAbout $63,000 a year
L linesNone
MetraRock Island (five stations)
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.
Beverly cost of living: typical one-bedroom $1,575 and two-bedroom $1,750 a month, compared with $2,079 and $2,516 citywide
Typical rents in Beverly 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 · Buyer help · Sample budget

Rent by apartment size

UnitZumper (avg., Oct 2026)RentHop (Aug 2026)RentHop, ZIP 60643 (Oct 2026)
Studio$1,100$1,000$1,000
1 bedroom$1,575$1,295$1,700
2 bedrooms$1,750$1,750$1,525
3 bedrooms$2,325n/a$2,050

Source: Zumper Beverly rent research, updated October 10, 2026; RentHop Beverly; RentHop 60643. Beverly has relatively few rentals, so figures move around month to month. Sources differ because they track different listings; see why rent reports disagree.

Getting around

  • Metra Rock Island (Beverly Branch): Beverly Hills stations at 91st, 95th, 99th, 103rd and 107th streets, all Zone 2: $3.75 one way or $75 a month (Metra Rock Island; Metra fares). See Metra fares.
  • Buses: #103 West 103rd and #95 95th to the Red Line at 95th/Dan Ryan, and #87 87th.

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

Groceries nearby

StoreAddress
Jewel-Osco 103rd and Kedzie (just west)3128 W. 103rd St.
Jewel-Osco Ashland and 95th9400 S. Ashland Ave.
Jewel-Osco 119th and Marshfield (south)11730 S. Marshfield Ave.

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

The Assessor’s 2024 report put Beverly median sale prices at $128,000 for a condo, $375,000 for a single-family home and $500,000 for a two-to-six-unit building (Cook County Assessor, 2024 Chicago report). The Treasurer put the 2024 median for the wider area including Beverly, Morgan Park and Mount Greenwood at $244,000 (Cook County Treasurer, tax year 2024 report). Beverly is in Lake Township, which covers the city south of Pershing Road and west of State Street (Cook County Assessor). Citywide, the median Chicago homeowner bill for tax year 2025, mailed in August 2026, was $4,597, up 3.2% (Cook County Treasurer).

Commercial strips along 103rd Street, Western Avenue and 95th Street are in special service areas (City of Chicago SSA list). For how bills are set and how to appeal, see our property tax guide.

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). Funds are first-come, first-served and applications were under review in September 2026 (The Resurrection Project).
  • 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).

Beverly cost of living: a sample monthly budget

SetupRentCTA passIncome needed at 30% rent
Your own one-bedroom$1,575$75$63,000
Half of a two-bedroom$875$75$35,000
Your own two-bedroom$1,750$75$70,000

Source: our calculation from the Zumper averages above. 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, Avalon Park, Back of the Yards and Canaryville, 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

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