Key takeaway: A one-bedroom in Morgan Park rents for about $1,300 to $1,450 a month in 2026, single-family homes sold for a median $240,000 in 2024, and two Metra Rock Island stations serve the neighborhood.
Morgan Park sits south of Beverly on the Far Southwest Side, with historic homes along the ridge and its own stops on Metra’s Beverly Branch. Its typical one-bedroom, about $1,299 a month, runs about $780 below the citywide typical of $2,079 (Zillow, September 2026), the 32nd lowest of the 92 areas in our neighborhood comparison.
| Typical one-bedroom | $1,299 a month |
| Typical two-bedroom | $1,800 a month |
| Income for your own one-bedroom | About $51,960 a year |
| L lines | None |
| Metra | Rock Island |
| Part of the city | South Side |
On this page: Rent · Getting around · Groceries · Parking · Taxes and home prices · Buyer help · Sample budget
Rent by apartment size
| Unit | Zumper (avg., Aug 2026) | RentHop (Oct 2026) |
|---|---|---|
| Studio | $850 | n/a |
| 1 bedroom | $1,299 | $1,450 |
| 2 bedrooms | $1,800 | $1,525 |
| 3 bedrooms | $2,225 | $2,238 |
Source: Zumper Morgan Park rent research, updated August 20, 2026; RentHop Morgan 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
- Metra Rock Island: 111th Street/Morgan Park and 115th Street/Morgan Park, both Zone 2: $3.75 one way or $75 a month (Metra fares). See Metra fares.
- Buses: #112 Vincennes/111th, #119 Michigan/119th and #103 West 103rd to the Red Line at 95th/Dan Ryan.
A 30-day CTA pass is $75 (CTA).
Groceries nearby
| Store | Address |
|---|---|
| Jewel-Osco 119th and Marshfield | 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
Morgan Park is in Lake Township (Cook County Assessor). The Assessor’s 2024 report put Morgan Park median sale prices at $130,000 for a condo, $240,000 for a single-family home and $492,000 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). Commercial strips along Western Avenue and 103rd Street are in SSA 20 and SSA 44 (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).
Morgan Park cost of living: a sample monthly budget
| Setup | Rent | CTA pass | Income needed at 30% rent |
|---|---|---|---|
| Your own one-bedroom | $1,299 | $75 | $51,960 |
| Half of a two-bedroom | $900 | $75 | $36,000 |
| Your own two-bedroom | $1,800 | $75 | $72,000 |
Source: our calculation from the Zumper averages above. See neighboring Beverly. 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, Gage Park, Garfield Ridge, Greater Grand Crossing, Hegewisch, Hyde Park, Kenwood, McKinley 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
- Zumper: Morgan Park rent
- RentHop: Morgan Park rent
- Metra: 111th Street/Morgan Park
- Metra: 115th Street/Morgan Park
- Metra fare table
- Cook County Assessor: Lake Township
- City of Chicago: SSA list
- Sun-Times: HomeGrown program
- IHDAccess Home
- Cook County Down Payment Assistance
- City of Chicago: list of L stops
- CTA fares
- City Clerk: City Sticker prices
- City Clerk: residential zone parking
- Cook County Assessor: 2024 Chicago report
- Cook County Treasurer: tax year 2025 analysis