What are the best cost-effective, fun neighborhoods for young people? Moving to Chi at age 19.

I'm moving from Michigan with two friends and we're looking for the best neighborhood to live in for us. We are college students taking a gap year and want to live in a low-priced, young area with a vibrant nightlife close to downtown with possible job opportunities.
The opinions expressed here are those of the individual and not those of StreetAdvisor.
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