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The Chicago Theatre, originally known as the Balaban and Katz Chicago Theatre, is a landmark theater located on North State Street in the Loop area of Chicago, Illinois.

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But its by no means an inexpensive place to live.

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For families of two adults and two children, thecombined average incomeneeded is $235,000.

What you pay in rent depends on several factors, including location, size and quality.

According to Rent.comsApartmentguide site, the average rent in Chicago is $2,460 per month.

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Here is a list of some of themost affordable neighborhoodsin the Windy City.

However, the market is heating up in this area.

Redfin considers Avalon Park as very competitive with houses selling in 12.5 days on average.

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According to Realtor.com, the median listing home price in Cottage Grove Heights is $189,894.

Price is paramount, but the neighborhood should provide you with a sense of safety and relevant amenities.

Fernwood is known for its peaceful atmosphere and well-maintained surroundings, notes theNextdoor neighborhood app.

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Single-family homes and multi-unit buildings fill neighborhood blocks, offering Chicagoans a wide range ofreal estate choices.

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