Average Rent in North Center, Chicago, IL

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Current Versus Historical North Center, Chicago, IL Rents

North Center rentals average $1,523 for a 1-bedroom rental to $5,498 for a 4-bedroom rental. The median price of all currently available listings is $2,390, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $477 (-97.15%) year-over-year from $491 to $14. 1-bedroom rentals prices have increased by $433 (26.04%) year-over-year from $1,664 to $2,098. 2-bedroom rentals prices have increased by $602 (30.88%) year-over-year from $1,948 to $2,550. 3-bedroom rentals prices have increased by $172 (7.22%) year-over-year from $2,378 to $2,550. 4-bedroom rentals prices have increased by $2,168 (65.08%) year-over-year from $3,332 to $5,500. 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 96.32% this month. 1-bedroom rents have gone up by 20.03% this month. 2-bedroom rents have gone up by 11.80% this month. 3-bedroom rents have gone down by 21.54% this month. 4-bedroom rents have gone up by 8.55% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.31 $2,098 $1,664 (26.04%) $1,252 (67.58%)
2 BR $2.21 $2,550 $1,948 (30.88%) $1,517 (68.13%)
3 BR $2.17 $2,550 $2,378 (7.22%) $2,575 (-0.97%)
4+ BR $2.19 $5,500 $3,332 (65.08%) $3,298 (66.75%)

Historical Rents in North Center, Chicago, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near North Center

There are a total of 6 cities nearby North Center. The average rent in North Center is currently $2,229 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Chicago, IL, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near North Center, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,790 per month.

Let's compare North Center, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 13.14% more affordable. Two bedrooms in North Center, Chicago, IL are about 4.54% more expensive. Finally, rent for three bedrooms are about 5.62% more affordable. Want more information? Check out the top 6 cities near North Center, Chicago, IL in the following chart.
City Studio 1 Bed 2 Bed All
Chicago, IL $1,350 $1,760 $2,300 $2,100
Schaumburg, IL N/A $1,995 $2,414 $2,195
Evanston, IL $1,043 $1,685 $2,200 $2,200
Wheaton, IL N/A $1,923 $2,310 $2,257
Aurora, IL N/A $1,300 $2,100 $2,295
Naperville, IL N/A $1,650 $2,225 $2,790

Top Neighborhoods Near North Center

There are a total of 13 neighborhoods in or near North Center. Some of these neighborhoods include Edgewater, Rogers Park, and Uptown. We've included all of these top 13 neighborhoods in or near North Center, Chicago, IL in the following chart.

The average rent for these 13 neighborhoods in or near North Center, Chicago, IL is currently around $2,095 per month. A total of 9 neighborhoods have a lower average rent. Meaning, only four neighborhoods have a higher average rent than $2,095. Out of all the neighborhoods in or near North Center, Edgewater has the most affordable average rent at $1,575 per month. Whereas, at $3,000 average rent per month, Near North Side is the most expensive neighborhood in or near North Center. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Edgewater, Chicago, IL $1,120 $1,550 $2,085 $1,575
Rogers Park, Chicago, IL $1,095 $1,350 $1,833 $1,600
Uptown, Chicago, IL $1,150 $1,600 $2,598 $1,650
Ravenswood, Chicago, IL $1,220 $1,600 $2,650 $1,738
West Rogers Park, Chicago, IL $1,200 $1,350 $1,800 $1,800
Logan Square, Chicago, IL $1,350 $1,870 $2,045 $2,050
Lincoln Park, Chicago, IL $1,450 $1,900 $3,100 $2,095
Lakeview, Chicago, IL $1,495 $1,900 $2,600 $2,143
Hyde Park, Chicago, IL $1,275 $1,650 $1,875 $2,267
DePaul, Chicago, IL $1,670 $2,295 $2,850 $2,395
The Loop, Chicago, IL $1,825 $2,500 $3,200 $2,700
South Loop, Chicago, IL N/A $2,200 $3,000 $2,800
Near North Side, Chicago, IL $1,775 $2,400 $3,684 $3,000

Top Counties Near North Center

There are a total of 13 counties located by North Center, Chicago, IL. Some of these counties include Chicago, IL, Schaumburg, IL, and Evanston, IL. The average rent for rentals in these counties is $2,200. That's roughly around $2 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is Chicago, IL. It's average rent per month is $2,100. Vice versa, with an average rent of $2,623, Naperville, IL is the most expensive county by North Center, Chicago, IL.

In comparison, rent for one bedroom listings in North Center, Chicago, IL is 17.83% more affordable than other counties nearby. Finally, rent for two bedrooms in North Center, Chicago, IL is 4.68% more expensive than other counties nearby. We've listed the top 6 counties in the chart below.
County Studio 1 Bed 2 Bed All
Chicago, IL $1,350 $1,760 $2,300 $2,100
Schaumburg, IL N/A $1,995 $2,434 $2,150
Evanston, IL $1,043 $1,685 $2,200 $2,200
Downers Grove, IL N/A $1,828 $2,218 $2,200
Milton, IL N/A $1,900 $2,300 $2,257
Naperville, IL N/A $1,663 $2,198 $2,623

Top Zipcodes Near North Center

There are a total of 21 zipcodes in or near North Center, Chicago, IL. The average rent for all of these zipcodes is $2,105. A total of 14 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60641, Chicago, IL at $1,500 per month. In comparison, the zipcode with the most expensive average rent of $3,500 per month is 60611, Chicago, IL.

Studios in these zipcodes have an average rent of $1,200. 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 North Center, Chicago, IL is $1,893 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,448 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in North Center, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
60618, Chicago, IL $1,200 $1,495 $1,900 $2,000
60625, Chicago, IL $1,100 $1,550 $2,095 $1,675
60613, Chicago, IL $1,450 $1,750 $2,558 $2,198
60640, Chicago, IL $1,126 $1,600 $2,448 $1,600
60657, Chicago, IL $1,495 $1,900 $2,700 $2,095
60647, Chicago, IL $1,350 $1,893 $2,150 $2,150
60660, Chicago, IL $1,120 $1,500 $1,950 $1,575
60614, Chicago, IL $1,525 $2,223 $3,190 $2,395
60641, Chicago, IL $1,100 $1,300 $1,650 $1,500
60622, Chicago, IL $1,890 $2,100 $2,500 $2,500

Frequently Asked Questions - North Center Average Rents

What is the average rent price in North Center, Chicago, IL?
The average monthly rental price for North Center, Chicago, IL apartments for rent is approximately $2,390. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do North Center, 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 North Center, Chicago, IL.
How much is a studio apartment in North Center, 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 North Center.
How much is a one bedroom apartment in North Center, Chicago, IL?
The average monthly rental price for one bedroom apartments is $1,523 and an average price per square feet of $2.31. There are a total of 4 one bedroom apartment listings currently available for rent in North Center.
How much is a two bedroom apartment in North Center, Chicago, IL?
The average monthly rental price for two bedroom apartments is $2,370 and an average price per square feet of $2.21. There are a total of 10 two bedroom apartment listings currently available for rent in North Center.
How have rent prices in North Center, Chicago, IL changed this year?
Rent prices for rentals in North Center, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by -0.97%, one bedroom rental prices have changed by 0.26%, two bedroom rental prices have changed by 0.31%, and three bedroom rental prices have changed by 0.07% year-over-year.
What is a reasonable rent price in North Center, Chicago, IL?
A reasonable rent price in North Center, Chicago, IL is around $1,912/month. You can search for these reasonably priced rental listings on RentHop.
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