Little Italy is home to the University of Illinois at Chicago and is consequently also known as University Village. Therefore, if you’re a college student looking to rent, Little Italy is perfect for you. This neighborhood also borders the Illinois Medical District, making it a popular choice for healthcare employees as well as university students, faculty, and staff.
A bevy of restaurants, shops, bars, and cafes line West Taylor Street in Little Italy. Some of the neighborhood’s main attractions include the National Italian American Sports Hall of Fame and the historic statue of Christopher Columbus. Situated just two miles west of Downtown Chicago, Little Italy gives renters easy commutes via I-90, I-290, and the Blue Line.
A view of the skyline from a neighborhood park
A community garden during the spring in Little Italy
Shady street in Little Italy
As of March 2026, the average apartment rent in Little Italy is $1,885 for a studio, $2,144 for one bedroom, $2,475 for two bedrooms, and $2,796 for three bedrooms. Apartment rent in Little Italy has decreased by -0.9% in the past year.
Studio
484 sq ft
Average Sq Ft
$1,885/month
Average Rent
1 BR
619 sq ft
Average Sq Ft
$2,144/month
Average Rent
2 BR
792 sq ft
Average Sq Ft
$2,475/month
Average Rent
3 BR
933 sq ft
Average Sq Ft
$2,796/month
Average Rent
Looking to live in a Chicago neighborhood with great food? Explore some of the hotspots of Chicago’s food scene for the best deep-dish pizza, Italian beef, and Chicago-style hot dogs.
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
Excellent Transit
out of 100 TransitScore® Rating
You’ll have excellent transit living in this area, with several nearby transit stops.
Biker's Paradise
out of 100 BikeScore® Rating
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
