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Survey Explores Chicago Hotel Costs

Average daily rates in Lake View and Lincoln Park top the list of 20 Windy City neighborhoods

Lake View, located on Chicago’s North Side, is the priciest neighborhood in the city based on cost of lodging, according to a recent survey. The research conducted by compared 20 neighborhoods and suburban towns in the Chicago metropolitan area.

In Lake View, travelers will spend an average of $217 per night for the least expensive double room. The second-priciest Chicago neighborhood according to the survey is Lincoln Park, at with ADRs of $184.

Looking at the other end of the data, the northwestern suburb of Schaumburg is the most affordable hotel rates where travelers will spend only $89 on average for the most affordable double room. To stay in the Loop district, guests can count on an average $161 per night, while the Magnificent Mile on Near South Side averaged only a few dollars more.

Below is a list of the 10 priciest neighborhoods and suburban towns in the Chicago metropolitan area based on cost of lodging. The survey looked at the average price for the least expensive double room at hotels in each area for the period of June 1-30, 2019. The survey only considered 3-star hotels and above.

Lake View ($217)

Lincoln Park ($184)

Hyde Park ($174)

Deerfield ($172)

Gold Coast ($165)

Near South Side ($164)

The Loop ($161)

Streeterville ($156)

River North ($152)

Burr Ridge ($136)

For complete survey results visit