Average Rent in Near West Side, Chicago, IL

Current Versus Historical Near West Side, Chicago, IL Rents

Near West Side rentals average $2,398 for a 1-bedroom rental to $3,975 for a 4-bedroom rental. The median price of all currently available listings is $3,350, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $41 (2.15%) year-over-year from $1,887 to $1,928. 1-bedroom rentals prices have decreased by $113 (-4.37%) year-over-year from $2,578 to $2,465. 2-bedroom rentals prices have increased by $16 (0.49%) year-over-year from $3,321 to $3,337. 3-bedroom rentals prices have decreased by $1,745 (-33.59%) year-over-year from $5,195 to $3,450. 4-bedroom rentals prices have decreased by $1,129 (-22.11%) year-over-year from $5,104 to $3,975. 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 down by 12.15% this month. 1-bedroom rents have gone down by 11.33% this month. 2-bedroom rents have gone down by 0.26% this month. 3-bedroom rents have gone down by 7.50% this month. 4-bedroom rents have gone up by 3.11% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$2.78	$2,465	$2,578 (-4.37%)	$2,209 (11.57%)
2 BR	$2.67	$3,337	$3,321 (0.49%)	$3,135 (6.43%)
3 BR	$2.15	$3,450	$5,195 (-33.59%)	$4,070 (-15.23%)
4+ BR	$2.08	$3,975	$5,104 (-22.11%)	$3,141 (26.56%)

Historical Rents in Near West Side, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Near West Side

There are a total of 5 cities nearby Near West Side. The average rent in Near West Side is currently $2,105 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Evanston, IL, with an average rent of $1,975, is the most affordable city nearby. In contrast, the most expensive city near Near West Side, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,850 per month.

Let's compare Near West Side, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 26.80% more expensive. Two bedrooms in Near West Side, Chicago, IL are about 33.82% more expensive. Finally, rent for three bedrooms are about 17.27% more expensive. Want more information? Check out the top 5 cities near Near West Side, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Evanston, IL	$1,185	$1,595	$2,150	$1,975
Chicago, IL	$1,345	$1,755	$2,250	$2,000
Schaumburg, IL	N/A	$1,995	$2,350	$2,105
Wheaton, IL	N/A	$1,960	$2,320	$2,320
Naperville, IL	N/A	$1,650	$2,250	$2,850

Top Neighborhoods Near Near West Side

There are a total of 15 neighborhoods in or near Near West Side. Some of these neighborhoods include Edgewater, Ravenswood, and Rogers Park. We've included all of these top 15 neighborhoods in or near Near West Side, Chicago, IL in the following chart.

The average rent for these 15 neighborhoods in or near Near West Side, Chicago, IL is currently around $1,975 per month. A total of 15 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Near West Side, Edgewater has the most affordable average rent at $1,550 per month. Whereas, at $2,800 average rent per month, South Loop is the most expensive neighborhood in or near Near West Side. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Edgewater, Chicago, IL	$1,121	$1,550	$2,200	$1,550
Ravenswood, Chicago, IL	$1,220	$1,550	$2,570	$1,600
Rogers Park, Chicago, IL	$1,098	$1,350	$1,850	$1,600
Uptown, Chicago, IL	$1,100	$1,600	$2,250	$1,635
West Rogers Park, Chicago, IL	$1,200	$1,325	$1,800	$1,700
Albany Park, Chicago, IL	$1,050	$1,420	$1,900	$1,738
Lincoln Park, Chicago, IL	$1,385	$1,963	$2,805	$1,875
Humboldt Park, Chicago, IL	N/A	$1,775	$1,813	$1,975
Logan Square, Chicago, IL	$1,250	$1,795	$2,050	$1,995
Lakeview, Chicago, IL	$1,345	$1,850	$2,550	$2,090
Hyde Park, Chicago, IL	$1,250	$1,673	$2,000	$2,200
DePaul, Chicago, IL	$1,595	$2,270	$2,375	$2,325
Near North Side, Chicago, IL	$1,860	$2,350	$3,500	$2,555
The Loop, Chicago, IL	N/A	$2,475	$3,300	$2,788
South Loop, Chicago, IL	$1,648	$2,225	$3,000	$2,800

Top Counties Near Near West Side

There are a total of 15 counties located by Near West Side, Chicago, IL. Some of these counties include Evanston, IL, Chicago, IL, and Schaumburg, IL. The average rent for rentals in these counties is $2,100. That's roughly around $2 per sqft. A total of 6 counties have a lower average rent. The county that is the most affordable is Evanston, IL. It's average rent per month is $1,975. Vice versa, with an average rent of $2,700, Naperville, IL is the most expensive county by Near West Side, Chicago, IL.

Typically, rent for studios in Near West Side, Chicago, IL is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Near West Side, Chicago, IL is 25.34% more expensive than other counties nearby. Finally, rent for two bedrooms in Near West Side, Chicago, IL is 34.43% more expensive than other counties nearby. We've listed the top 6 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Evanston, IL	$1,185	$1,595	$2,150	$1,975
Chicago, IL	$1,345	$1,755	$2,250	$2,000
Schaumburg, IL	$1,195	$1,985	$2,400	$2,098
Downers Grove, IL	N/A	$1,825	$2,209	$2,103
Milton, IL	N/A	$1,960	$2,320	$2,320
Naperville, IL	N/A	$1,663	$2,200	$2,700

Top Zipcodes Near Near West Side

There are a total of 21 zipcodes in or near Near West Side, Chicago, IL. The average rent for all of these zipcodes is $2,100. A total of 21 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60660, Chicago, IL at $1,550 per month. In comparison, the zipcode with the most expensive average rent of $2,998 per month is 60607, Chicago, IL.

Studios in these zipcodes have an average rent of $1,250. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Near West Side, Chicago, IL is $1,890 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,398 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Near West Side, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
60607, Chicago, IL	$1,700	$2,398	$3,275	$2,998
60654, Chicago, IL	$1,940	$2,478	$3,500	$2,500
60622, Chicago, IL	$1,893	$2,100	$2,400	$2,298
60642, Chicago, IL	$1,929	$2,225	$2,600	$2,675
60608, Chicago, IL	N/A	$1,375	$1,850	$2,145
60610, Chicago, IL	$1,868	$2,300	$3,500	$2,625
60647, Chicago, IL	$1,250	$1,890	$2,150	$2,100
60611, Chicago, IL	$1,800	$2,300	$3,612	$2,600
60614, Chicago, IL	$1,603	$2,295	$2,851	$2,295
60657, Chicago, IL	$1,345	$1,898	$2,593	$2,072

Frequently Asked Questions - Near West Side Average Rents

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

The average monthly rental price for Near West Side, Chicago, IL apartments for rent is approximately $3,350. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Near West 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 West Side, Chicago, IL.

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

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Near West Side.

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

The average monthly rental price for one bedroom apartments is $2,398 and an average price per square feet of $2.78. There are a total of 8 one bedroom apartment listings currently available for rent in Near West Side.

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

The average monthly rental price for two bedroom apartments is $3,400 and an average price per square feet of $2.67. There are a total of 10 two bedroom apartment listings currently available for rent in Near West Side.

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

Rent prices for rentals in Near West Side, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.02%, one bedroom rental prices have changed by -0.04%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by -0.34% year-over-year.

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

A reasonable rent price in Near West Side, Chicago, IL is around $2,680/month. You can search for these reasonably priced rental listings on RentHop.