Average Rent in Near North Side, Chicago, IL

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Current Versus Historical Near North Side, Chicago, IL Rents

Near North Side rentals average $2,155 for a studio rental to $23,498 for a 4-bedroom rental. The median price of all currently available listings is $2,975, or roughly $42 per square feet.

For the apartment units and housing in October 2026, median rents have risen over the last year. Studio rentals prices have increased by $406 (22.00%) year-over-year from $1,844 to $2,250. 1-bedroom rentals prices have increased by $227 (9.16%) year-over-year from $2,473 to $2,700. 2-bedroom rentals prices have increased by $331 (8.82%) year-over-year from $3,757 to $4,088. 3-bedroom rentals prices have increased by $1,313 (21.71%) year-over-year from $6,047 to $7,360. 4-bedroom rentals prices have increased by $15,167 (171.70%) year-over-year from $8,833 to $24,000. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 8.99% this month. 1-bedroom rents have gone up by 3.51% this month. 2-bedroom rents have gone up by 2.99% this month. 3-bedroom rents have gone up by 1.98% this month. 4-bedroom rents have gone up by 68.44% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$47.27	$2,250	$1,844 (22.00%)	$1,631 (37.97%)
1 BR	$40.97	$2,700	$2,473 (9.16%)	$2,132 (26.62%)
2 BR	$40.00	$4,088	$3,757 (8.82%)	$3,396 (20.37%)
3 BR	$47.69	$7,360	$6,047 (21.71%)	$5,742 (28.18%)
4+ BR	$60.67	$24,000	$8,833 (171.70%)	$10,165 (136.11%)

Historical Rents in Near North Side, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Near North Side

There are a total of 11 cities nearby Near North Side. The average rent in Near North Side is currently $2,450 per month. A total of 10 cities nearby have an average rent lower than that. Our records show that Palatine, IL, with an average rent of $2,150, is the most affordable city nearby. In contrast, the most expensive city near Near North Side, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,993 per month.

Let's compare Near North Side, Chicago, IL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Near North Side, Chicago, IL is 34.45% more expensive than other cities nearby. One bedrooms are about 27.93% more expensive. Two bedrooms in Near North Side, Chicago, IL are about 42.65% more expensive. Finally, rent for three bedrooms are about 57.14% more expensive. Want more information? Check out the top 10 cities out of 11 total cities near Near North Side, Chicago, IL in the following table.

City	Studio	1 Bed	2 Bed	All
Palatine, IL	$1,300	$1,500	$1,950	$2,150
Oak Park, IL	$1,902	$1,725	$2,073	$2,295
Wheaton, IL	$1,475	$1,899	$2,349	$2,349
Chicago, IL	$1,675	$2,233	$2,695	$2,395
Arlington Heights, IL	$1,200	$1,750	$2,100	$2,450
Schaumburg, IL	N/A	$2,182	$2,300	$2,456
Evanston, IL	$2,218	$1,963	$2,294	$2,500
Skokie, IL	$1,195	$2,113	$2,300	$2,500
Vernon Hills, IL	$2,004	$2,229	$2,200	$2,525
Naperville, IL	$1,325	$1,650	$2,325	$2,993

Top Neighborhoods Near Near North Side

There are a total of 23 neighborhoods in or near Near North Side. Some of these neighborhoods include South Shore, Edgewater, and Rogers Park. We've included all of these top 23 neighborhoods in or near Near North Side, Chicago, IL in the following table.

The average rent for these 23 neighborhoods in or near Near North Side, Chicago, IL is currently around $2,325 per month. A total of 20 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $2,325. Interestingly, the neighborhoods' average rent is less than Near North Side's average rent, which is actually $2,975. Out of all the neighborhoods in or near Near North Side, South Shore has the most affordable average rent at $1,500 per month. Whereas, at $3,600 average rent per month, DePaul is the most expensive neighborhood in or near Near North Side. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
South Shore, Chicago, IL	$1,098	$1,150	$1,450	$1,500
Edgewater, Chicago, IL	$1,300	$1,600	$2,495	$1,600
Rogers Park, Chicago, IL	$1,325	$1,450	$1,995	$1,773
Uptown, Chicago, IL	$1,350	$1,700	$2,500	$1,900
Lawndale, Chicago, IL	$1,200	N/A	$1,700	$1,925
Hyde Park, Chicago, IL	$1,125	$1,500	$2,400	$1,950
West Rogers Park, Chicago, IL	$1,100	$1,500	$1,950	$1,976
Albany Park, Chicago, IL	$1,275	$1,560	$2,000	$1,998
Pilsen, Chicago, IL	$1,998	$1,500	$2,100	$2,100
Humboldt Park, Chicago, IL	$1,500	$1,725	$2,000	$2,200
Ravenswood, Chicago, IL	$1,400	$1,900	$2,695	$2,250
Jefferson Park, Chicago, IL	$1,345	$1,550	$2,275	$2,325
Logan Square, Chicago, IL	$1,548	$2,050	$2,450	$2,345
Lakeview, Chicago, IL	$1,520	$2,195	$3,125	$2,400
Bronzeville, Chicago, IL	$995	$1,650	$2,390	$2,563
West Loop, Chicago, IL	$2,100	$2,600	$3,625	$2,700
Lincoln Park, Chicago, IL	$1,850	$2,650	$3,950	$2,725
The Loop, Chicago, IL	$2,292	$2,538	$3,777	$2,750
South Loop, Chicago, IL	$2,154	$2,392	$3,300	$2,804
Bucktown, Chicago, IL	$2,166	$2,302	$3,400	$2,900
Near West Side, Chicago, IL	$2,250	$2,658	$3,711	$3,000
West Town, Chicago, IL	$2,517	$2,743	$3,750	$3,300
DePaul, Chicago, IL	$1,975	$2,600	$3,600	$3,600

Top Counties Near Near North Side

There are a total of 27 counties located by Near North Side, Chicago, IL. Some of these counties include Worth, IL, Leyden, IL, and Proviso, IL. The average rent for rentals in these counties is $2,450. That's roughly around $24 per sqft. A total of 25 counties have a lower average rent. The county that is the most affordable is Worth, IL. Its average rent per month is $1,725. Vice versa, with an average rent of $3,200, Vernon, IL is the most expensive county by Near North Side, Chicago, IL.

Typically, rent for studios in Near North Side, Chicago, IL is 44.43% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Near North Side, Chicago, IL is 39.28% more expensive than other counties nearby. Finally, rent for two bedrooms in Near North Side, Chicago, IL is 47.50% more expensive than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Worth, IL	$1,350	$1,400	$1,650	$1,725
Leyden, IL	N/A	$1,488	$1,898	$1,975
Proviso, IL	$1,295	$1,400	$1,875	$1,998
Lyons, IL	$1,650	$1,513	$1,850	$2,200
Oak Park, IL	$1,902	$1,725	$2,073	$2,295
Chicago, IL	$1,675	$2,233	$2,695	$2,395
Evanston, IL	$2,218	$1,963	$2,294	$2,500
Maine, IL	N/A	$1,600	$2,375	$2,600
Niles, IL	$1,195	$2,300	$2,325	$2,895
Northfield, IL	N/A	$1,550	$2,348	$2,963

Top Zipcodes Near Near North Side

There are a total of 38 zipcodes in or near Near North Side, Chicago, IL. The average rent for all of these zipcodes is $2,304. A total of 33 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60649, Chicago, IL at $1,500 per month. In comparison, the zipcode with the most expensive average rent of $3,102 per month is 60611, Chicago, IL.

Studios in these zipcodes have an average rent of $1,488. That's at least $40 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Near North Side, Chicago, IL is $1,773 per month. Or in other words, $32 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,300 per month. Which comes out to $27 per sqft. The following table includes the top 10 zipcodes in Near North Side, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
60610, Chicago, IL	$2,000	$2,559	$3,800	$2,873
60654, Chicago, IL	$2,291	$2,700	$4,125	$3,032
60611, Chicago, IL	$2,100	$2,600	$4,049	$3,102
60601, Chicago, IL	$2,292	$2,590	$3,975	$2,773
60642, Chicago, IL	$1,873	$2,625	$3,250	$2,980
60661, Chicago, IL	$2,118	$2,645	$3,700	$3,005
60614, Chicago, IL	$1,850	$2,640	$3,895	$2,800
60607, Chicago, IL	$2,323	$2,700	$3,828	$3,025
60605, Chicago, IL	$2,154	$2,417	$3,629	$2,850
60622, Chicago, IL	$2,378	$2,595	$2,800	$2,900

Frequently Asked Questions - Near North Side Average Rents

What is the average rent price in Near North Side, Chicago, IL?

The average monthly rental price for Near North Side, Chicago, IL apartments for rent is approximately $2,975. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Near North Side, Chicago, IL rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Near North Side, Chicago, IL.

How much is a studio apartment in Near North Side, Chicago, IL?

The average monthly rental price for studio apartments is $2,155 and an average price per square feet of $47.27. There are a total of 183 studio apartment listings currently available for rent in Near North Side.

How much is a one bedroom apartment in Near North Side, Chicago, IL?

The average monthly rental price for one bedroom apartments is $2,635 and an average price per square feet of $40.97. There are a total of 441 one bedroom apartment listings currently available for rent in Near North Side.

How much is a two bedroom apartment in Near North Side, Chicago, IL?

The average monthly rental price for two bedroom apartments is $4,000 and an average price per square feet of $40.00. There are a total of 299 two bedroom apartment listings currently available for rent in Near North Side.

How have rent prices in Near North Side, Chicago, IL changed this year?

Rent prices for rentals in Near North Side, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.22%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by 0.09%, three bedroom rental prices have changed by 0.22% year-over-year.

What is a reasonable rent price in Near North Side, Chicago, IL?

A reasonable rent price in Near North Side, Chicago, IL is around $2,380/month. You can search for these reasonably priced rental listings on RentHop.