Cooper Park renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Cooper Park is about $1,189 per month. This puts it in the 75th percentile compared to the city average cost of rent, which is $1,277. Households in Cooper Park have a median income of $3,989 per month so the average renter in Cooper Park is spending roughly 30% of their earnings on housing.
Nationally, and in Cooper Park, home values are the data point most closely correlated with the cost of rent. The median price of a home in Cooper Park is $502,725 right now, which is higher than nearby neighborhoods, meaning that rents in Cooper Park also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the western parts of Cooper Park while lower rent rates are often available in eastern areas.
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