Cost of living in Gage Park, Chicago (2026)

Key takeaway: A one-bedroom in Gage Park rents for about $1,200 to $1,295 a month in 2026, two-bedrooms about $1,350, and single-family homes sold for a median $246,000 in 2024.

Gage Park is on the Southwest Side between Brighton Park and Chicago Lawn, centered on Kedzie Avenue and Garfield Boulevard. It’s one of the most affordable neighborhoods in the city to rent or buy a bungalow. Its typical one-bedroom, about $1,200 a month, runs about $879 below the citywide typical of $2,079 (Zillow, September 2026), the 23rd lowest of the 92 areas in our neighborhood comparison.

Typical one-bedroom$1,200 a month
Typical two-bedroom$1,350 a month
Income for your own one-bedroomAbout $48,000 a year
L linesNone (buses to Orange Line)
MetraNone
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.
Gage Park cost of living: typical one-bedroom $1,200 and two-bedroom $1,350 a month, compared with $2,079 and $2,516 citywide
Typical rents in Gage 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 · Buyer help · Sample budget

Rent by apartment size

UnitZumper (avg., Sep 2026)RentHop (median, Aug 2026)
Studio$915n/a
1 bedroom$1,200$1,295
2 bedrooms$1,350$1,350
3 bedrooms$1,610$1,450

Source: Zumper Gage Park rent research, updated September 13, 2026; RentHop Gage Park. We left out RentHop’s studio figure because it rested on too few listings. Sources differ because they track different listings; see why rent reports disagree.

Getting around

  • Buses: #52 Kedzie, #49 Western, #59 59th/61st, #55 Garfield, #47 47th and #94 California. Kedzie and Western buses connect to the Orange Line on Archer Avenue (City of Chicago list of L stops).
  • L and Metra: no station inside Gage Park.

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

Groceries nearby

StoreAddress
Pete’s Fresh Market 57th and Kedzie5724 S. Kedzie Ave.
ALDI4934 S. Kedzie Ave.
Jewel-Osco Pulaski (west edge)5320 S. Pulaski Rd.
ALDI (south)6025 S. Western 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 Gage Park median sale prices at $246,000 for a single-family home and $318,000 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.

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).

Gage Park cost of living: a sample monthly budget

SetupRentCTA passIncome needed at 30% rent
Your own one-bedroom$1,200$75$48,000
Half of a two-bedroom$675$75$27,000
Your own two-bedroom$1,350$75$54,000

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, Beverly, Bridgeport, Brighton Park, Bronzeville, Burnside, Calumet Heights, Chatham, Chicago Lawn, Chinatown, Clearing, East Side, Englewood, Fuller 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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