Chicago mayor's 'affordable' housing 5.5X above market rate

Chicago Mayor Brandon Johnson's first effort at building affordable housing will total $30.6 million for 44 apartment units. That compares to available units in the same ZIP code averaging a fraction of that amount or $200,000 less for a nice downtown apartment.

$695,682
$500,000
$126,583
Johnson's affordable unit
Upscale downtown unit
Existing housing unit