Average Rent in Northwest Side, Chicago, IL

Current Versus Historical Northwest Side, Chicago, IL Rents

Northwest Side rentals average $1,200 for a studio rental to $4,100 for a 4-bedroom rental. The median price of all currently available listings is $1,963, or roughly $2 per square feet.

For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $1,070 (-98.17%) year-over-year from $1,090 to $20. 1-bedroom rentals prices have decreased by $33 (-2.14%) year-over-year from $1,540 to $1,507. 2-bedroom rentals prices have increased by $485 (26.72%) year-over-year from $1,815 to $2,300. 3-bedroom rentals prices have increased by $63 (2.65%) year-over-year from $2,387 to $2,450. 4-bedroom rentals prices have increased by $4,300 (134.38%) year-over-year from $3,200 to $7,500. 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 97.46% this month. 1-bedroom rents have gone down by 4.46% this month. 2-bedroom rents have gone up by 12.20% this month. 3-bedroom rents have gone down by 2.65% this month. 4-bedroom rents have gone up by 53.35% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.98	$20	$1,090 (-98.17%)	$1,026 (-98.05%)
1 BR	$2.34	$1,507	$1,540 (-2.14%)	$1,380 (9.20%)
2 BR	$2.06	$2,300	$1,815 (26.72%)	$1,658 (38.69%)
3 BR	$2.00	$2,450	$2,387 (2.65%)	$2,270 (7.93%)
4+ BR	$1.91	$7,500	$3,200 (134.38%)	$3,030 (147.52%)

Historical Rents in Northwest Side, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Northwest Side

There are a total of 6 cities nearby Northwest Side. The average rent in Northwest Side is currently $2,246 per month. Our records show that Evanston, IL, with an average rent of $2,000, is the most affordable city nearby. In contrast, the most expensive city near Northwest Side, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,800 per month.

Let's compare Northwest Side, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 10.24% more affordable. Two bedrooms in Northwest Side, Chicago, IL are about 17.04% more affordable. Finally, rent for three bedrooms are about 10.41% more affordable. Want more information? Check out the top 6 cities near Northwest Side, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Evanston, IL	$1,043	$1,693	$2,150	$2,000
Chicago, IL	$1,308	$1,725	$2,300	$2,084
Schaumburg, IL	N/A	$1,995	$2,382	$2,173
Wheaton, IL	N/A	$1,965	$2,320	$2,320
Aurora, IL	N/A	$1,300	$2,050	$2,373
Naperville, IL	N/A	$1,650	$2,200	$2,800

Top Neighborhoods Near Northwest Side

There are a total of 14 neighborhoods in or near Northwest Side. Some of these neighborhoods include Edgewater, Rogers Park, and Albany Park. We've included all of these top 14 neighborhoods in or near Northwest Side, Chicago, IL in the following chart.

The average rent for these 14 neighborhoods in or near Northwest Side, Chicago, IL is currently around $1,964 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $1,964. Interestingly, the neighborhoods' average rent is higher than Northwest Side's average rent, which is only $1,963. Out of all the neighborhoods in or near Northwest Side, Edgewater has the most affordable average rent at $1,550 per month. Whereas, at $2,998 average rent per month, Near North Side is the most expensive neighborhood in or near Northwest Side. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Edgewater, Chicago, IL	$1,126	$1,550	$2,175	$1,550
Rogers Park, Chicago, IL	$1,150	$1,375	$1,850	$1,600
Albany Park, Chicago, IL	$1,048	$1,420	$1,900	$1,650
Uptown, Chicago, IL	$1,150	$1,625	$2,600	$1,695
West Rogers Park, Chicago, IL	$1,200	$1,325	$1,825	$1,700
Ravenswood, Chicago, IL	$1,220	$1,600	$2,650	$1,725
Logan Square, Chicago, IL	$1,250	$1,795	$2,023	$1,911
Lincoln Park, Chicago, IL	$1,450	$1,875	$2,945	$2,018
Lakeview, Chicago, IL	$1,450	$1,927	$2,593	$2,100
Humboldt Park, Chicago, IL	$2,100	$1,450	$1,825	$2,150
Hyde Park, Chicago, IL	$1,275	$1,650	$1,875	$2,299
DePaul, Chicago, IL	$1,670	$2,295	$2,400	$2,395
South Loop, Chicago, IL	$1,650	$2,248	$3,000	$2,809
Near North Side, Chicago, IL	$1,775	$2,396	$3,600	$2,998

Top Counties Near Northwest Side

There are a total of 14 counties located by Northwest Side, Chicago, IL. Some of these counties include Evanston, IL, Chicago, IL, and Schaumburg, IL. The average rent for rentals in these counties is $2,152. That's roughly around $2 per sqft. The county that is the most affordable is Evanston, IL. It's average rent per month is $2,000. Vice versa, with an average rent of $2,700, Naperville, IL is the most expensive county by Northwest Side, Chicago, IL.

In comparison, rent for one bedroom listings in Northwest Side, Chicago, IL is 14.42% more affordable than other counties nearby. Finally, rent for two bedrooms in Northwest Side, Chicago, IL is 17.27% more affordable than other counties nearby. We've listed the top 6 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Evanston, IL	$1,043	$1,693	$2,150	$2,000
Chicago, IL	$1,308	$1,725	$2,300	$2,084
Schaumburg, IL	N/A	$1,995	$2,382	$2,115
Downers Grove, IL	N/A	$1,822	$2,209	$2,188
Milton, IL	N/A	$1,963	$2,320	$2,320
Naperville, IL	N/A	$1,663	$2,185	$2,700

Top Zipcodes Near Northwest Side

There are a total of 20 zipcodes in or near Northwest Side, Chicago, IL. The average rent for all of these zipcodes is $2,091. A total of 7 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 $3,450 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 Northwest Side, Chicago, IL is $1,790 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,409 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Northwest Side, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
60641, Chicago, IL	$1,050	$1,300	$1,650	$1,500
60618, Chicago, IL	$1,300	$1,490	$1,910	$2,000
60625, Chicago, IL	$1,100	$1,500	$2,100	$1,685
60647, Chicago, IL	$1,250	$1,848	$2,150	$2,050
60622, Chicago, IL	$1,890	$2,100	$2,490	$2,500
60640, Chicago, IL	$1,135	$1,600	$2,483	$1,645
60657, Chicago, IL	$1,400	$1,927	$2,650	$2,095
60614, Chicago, IL	$1,600	$2,200	$2,895	$2,370
60613, Chicago, IL	$1,450	$1,733	$2,595	$2,140
60660, Chicago, IL	$1,135	$1,525	$1,973	$1,550

Frequently Asked Questions - Northwest Side Average Rents

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

The average monthly rental price for Northwest Side, Chicago, IL apartments for rent is approximately $1,963. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Northwest 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 Northwest Side, Chicago, IL.

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

The average monthly rental price for studio apartments is $1,200 and an average price per square feet of $2.98. There are a total of 70 studio apartment listings currently available for rent in Northwest Side.

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

The average monthly rental price for one bedroom apartments is $1,550 and an average price per square feet of $2.34. There are a total of 153 one bedroom apartment listings currently available for rent in Northwest Side.

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

The average monthly rental price for two bedroom apartments is $1,923 and an average price per square feet of $2.06. There are a total of 268 two bedroom apartment listings currently available for rent in Northwest Side.

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

Rent prices for rentals in Northwest Side, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by -0.98%, one bedroom rental prices have changed by -0.02%, two bedroom rental prices have changed by 0.27%, and three bedroom rental prices have changed by 0.03% year-over-year.

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

A reasonable rent price in Northwest Side, Chicago, IL is around $1,570/month. You can search for these reasonably priced rental listings on RentHop.