Average Rent in North Side, Chicago, IL

Current Versus Historical North Side, Chicago, IL Rents

North Side rentals average $1,288 for a studio rental to $4,700 for a 4-bedroom rental. The median price of all currently available listings is $1,875, or roughly $3 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 increased by $208 (17.08%) year-over-year from $1,215 to $1,423. 1-bedroom rentals prices have increased by $601 (36.85%) year-over-year from $1,632 to $2,233. 2-bedroom rentals prices have increased by $775 (36.05%) year-over-year from $2,150 to $2,925. 3-bedroom rentals prices have increased by $733 (25.58%) year-over-year from $2,867 to $3,600. 4-bedroom rentals prices have increased by $685 (17.96%) year-over-year from $3,815 to $4,500. 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 up by 12.38% this month. 1-bedroom rents have gone up by 22.40% this month. 2-bedroom rents have gone up by 14.71% this month. 3-bedroom rents have gone up by 10.26% this month. 4-bedroom rents have gone up by 4.65% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.00	$1,423	$1,215 (17.08%)	$1,073 (32.53%)
1 BR	$2.53	$2,233	$1,632 (36.85%)	$1,411 (58.26%)
2 BR	$2.45	$2,925	$2,150 (36.05%)	$1,798 (62.65%)
3 BR	$2.16	$3,600	$2,867 (25.58%)	$2,564 (40.41%)
4+ BR	$2.22	$4,500	$3,815 (17.96%)	$3,517 (27.96%)

Historical Rents in North Side, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near North Side

There are a total of 6 cities nearby North Side. The average rent in North Side is currently $2,226 per month. Our records show that Chicago, IL, with an average rent of $2,096, is the most affordable city nearby. In contrast, the most expensive city near North Side, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,770 per month.

Let's compare North Side, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 4.39% more affordable. Two bedrooms in North Side, Chicago, IL are about 5.85% more expensive. Finally, rent for three bedrooms are about 7.90% more expensive. Want more information? Check out the top 6 cities near North Side, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Chicago, IL	$1,300	$1,745	$2,350	$2,096
Evanston, IL	$1,043	$1,700	$2,150	$2,145
Schaumburg, IL	N/A	$1,995	$2,350	$2,195
Wheaton, IL	N/A	$1,923	$2,310	$2,257
Aurora, IL	N/A	$1,300	$2,050	$2,300
Naperville, IL	N/A	$1,650	$2,200	$2,770

Top Neighborhoods Near North Side

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

The average rent for these 15 neighborhoods in or near North Side, Chicago, IL is currently around $1,988 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only nine neighborhoods have a higher average rent than $1,988. Interestingly, the neighborhoods' average rent is higher than North Side's average rent, which is only $1,875. Out of all the neighborhoods in or near North Side, Edgewater has the most affordable average rent at $1,550 per month. Whereas, at $3,000 average rent per month, Near North Side is the most expensive neighborhood in or near North Side. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Edgewater, Chicago, IL	$1,132	$1,550	$2,150	$1,550
Rogers Park, Chicago, IL	$1,150	$1,400	$1,850	$1,600
Albany Park, Chicago, IL	$1,045	$1,420	$1,863	$1,650
Uptown, Chicago, IL	$1,150	$1,625	$2,600	$1,695
West Rogers Park, Chicago, IL	$1,200	$1,350	$1,800	$1,695
Ravenswood, Chicago, IL	$1,220	$1,623	$2,650	$1,775
Logan Square, Chicago, IL	$1,250	$1,795	$2,000	$1,931
Humboldt Park, Chicago, IL	$2,100	$1,450	$1,825	$1,988
Lakeview, Chicago, IL	$1,463	$1,934	$2,595	$2,100
Lincoln Park, Chicago, IL	$1,450	$1,875	$3,050	$2,200
Hyde Park, Chicago, IL	$1,275	$1,650	$1,875	$2,299
DePaul, Chicago, IL	$1,670	$2,295	$2,400	$2,395
The Loop, Chicago, IL	N/A	$2,500	$3,325	$2,700
South Loop, Chicago, IL	N/A	$2,248	$3,000	$2,900
Near North Side, Chicago, IL	$1,775	$2,400	$3,600	$3,000

Top Counties Near North Side

There are a total of 15 counties located by North Side, Chicago, IL. Some of these counties include Chicago, IL, Schaumburg, IL, and Evanston, IL. The average rent for rentals in these counties is $2,169. That's roughly around $2 per sqft. The county that is the most affordable is Chicago, IL. It's average rent per month is $2,096. Vice versa, with an average rent of $2,498, Naperville, IL is the most expensive county by North Side, Chicago, IL.

In comparison, rent for one bedroom listings in North Side, Chicago, IL is 8.09% more affordable than other counties nearby. Finally, rent for two bedrooms in North Side, Chicago, IL is 6.39% 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	$1,300	$1,745	$2,350	$2,096
Schaumburg, IL	N/A	$1,995	$2,350	$2,138
Evanston, IL	$1,043	$1,700	$2,150	$2,145
Downers Grove, IL	N/A	$1,822	$2,209	$2,193
Milton, IL	N/A	$1,900	$2,275	$2,257
Naperville, IL	N/A	$1,663	$2,198	$2,498

Top Zipcodes Near North Side

There are a total of 21 zipcodes in or near North Side, Chicago, IL. The average rent for all of these zipcodes is $2,099. A total of 6 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 $1,250. 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 North Side, Chicago, IL is $1,848 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,475 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in North Side, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
60640, Chicago, IL	$1,137	$1,600	$2,475	$1,650
60613, Chicago, IL	$1,450	$1,745	$2,595	$2,145
60660, Chicago, IL	$1,135	$1,500	$1,950	$1,550
60625, Chicago, IL	$1,125	$1,525	$2,100	$1,713
60657, Chicago, IL	$1,475	$1,940	$2,650	$2,095
60618, Chicago, IL	$1,300	$1,493	$1,900	$1,950
60626, Chicago, IL	$1,150	$1,400	$1,850	$1,600
60614, Chicago, IL	$1,630	$2,200	$2,958	$2,393
60645, Chicago, IL	$1,200	$1,350	$1,900	$1,750
60647, Chicago, IL	$1,250	$1,848	$2,150	$2,050

Frequently Asked Questions - North Side Average Rents

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

The average monthly rental price for North Side, Chicago, IL apartments for rent is approximately $1,875. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 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 North Side, Chicago, IL.

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

The average monthly rental price for studio apartments is $1,288 and an average price per square feet of $3.00. There are a total of 284 studio apartment listings currently available for rent in North Side.

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

The average monthly rental price for one bedroom apartments is $1,650 and an average price per square feet of $2.53. There are a total of 520 one bedroom apartment listings currently available for rent in North Side.

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

The average monthly rental price for two bedroom apartments is $2,395 and an average price per square feet of $2.45. There are a total of 411 two bedroom apartment listings currently available for rent in North Side.

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

Rent prices for rentals in North Side, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.17%, one bedroom rental prices have changed by 0.37%, two bedroom rental prices have changed by 0.36%, and three bedroom rental prices have changed by 0.26% year-over-year.

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

A reasonable rent price in North Side, Chicago, IL is around $1,500/month. You can search for these reasonably priced rental listings on RentHop.