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 $3,598 for a 4-bedroom rental. The median price of all currently available listings is $1,995, or roughly $2 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 $43 (3.92%) year-over-year from $1,107 to $1,150. 1-bedroom rentals prices have decreased by $46 (-2.85%) year-over-year from $1,608 to $1,563. 2-bedroom rentals prices have increased by $113 (6.19%) year-over-year from $1,832 to $1,945. 3-bedroom rentals prices have increased by $224 (9.46%) year-over-year from $2,371 to $2,595. 4-bedroom rentals prices have increased by $33 (1.02%) year-over-year from $3,267 to $3,300. 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 0.29% this month. 1-bedroom rents have gone down by 0.48% this month. 2-bedroom rents have gone up by 2.01% this month. 3-bedroom rents have gone up by 3.87% this month. 4-bedroom rents have gone up by 0.13% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.96	$1,150	$1,107 (3.92%)	$1,041 (10.49%)
1 BR	$2.38	$1,563	$1,608 (-2.85%)	$1,348 (15.88%)
2 BR	$2.00	$1,945	$1,832 (6.19%)	$1,673 (16.24%)
3 BR	$1.95	$2,595	$2,371 (9.46%)	$2,255 (15.08%)
4+ BR	$1.91	$3,300	$3,267 (1.02%)	$3,030 (8.91%)

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 5 cities nearby Northwest Side. The average rent in Northwest Side is currently $2,105 per month. Our records show that Evanston, IL, with an average rent of $1,998, 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 $2,850 per month.

Let's compare Northwest Side, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 11.29% more affordable. Two bedrooms in Northwest Side, Chicago, IL are about 15.38% more affordable. Finally, rent for three bedrooms are about 15.00% more affordable. Want more information? Check out the top 5 cities near Northwest Side, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Evanston, IL	$1,185	$1,650	$2,150	$1,998
Chicago, IL	$1,350	$1,775	$2,250	$2,005
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 Northwest Side

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

The average rent for these 15 neighborhoods in or near Northwest Side, Chicago, IL is currently around $1,975 per month. A total of 9 neighborhoods have a lower average rent. Meaning, only six neighborhoods have a higher average rent than $1,975. Out of all the neighborhoods in or near Northwest Side, Edgewater has the most affordable average rent at $1,550 per month. Whereas, at $2,800 average rent per month, South Loop 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	$1,121	$1,550	$2,250	$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	$2,225	$1,650
West Rogers Park, Chicago, IL	$1,200	$1,325	$1,800	$1,698
Albany Park, Chicago, IL	$1,050	$1,435	$1,860	$1,738
Lincoln Park, Chicago, IL	$1,385	$2,000	$2,805	$1,900
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	$2,568	$2,094
Hyde Park, Chicago, IL	$1,250	$1,673	$2,000	$2,200
DePaul, Chicago, IL	$1,595	$2,245	$2,375	$2,300
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 Northwest Side

There are a total of 15 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 $2,100. That's roughly around $2 per sqft. The county that is the most affordable is Evanston, IL. It's average rent per month is $1,998. Vice versa, with an average rent of $2,700, Naperville, IL is the most expensive county by Northwest Side, Chicago, IL.

Typically, rent for studios in Northwest Side, Chicago, IL is 50.63% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Northwest Side, Chicago, IL is 12.85% more affordable than other counties nearby. Finally, rent for two bedrooms in Northwest Side, Chicago, IL is 14.33% 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	$1,185	$1,650	$2,150	$1,998
Chicago, IL	$1,350	$1,775	$2,250	$2,005
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 Northwest Side

There are a total of 21 zipcodes in or near Northwest Side, Chicago, IL. The average rent for all of these zipcodes is $2,100. A total of 8 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 $2,900 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 Northwest 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 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	$1,075	$1,295	$1,700	$1,600
60618, Chicago, IL	$1,400	$1,495	$1,900	$1,900
60625, Chicago, IL	$1,188	$1,500	$2,100	$1,725
60647, Chicago, IL	$1,250	$1,890	$2,150	$2,100
60622, Chicago, IL	$1,893	$2,100	$2,400	$2,300
60640, Chicago, IL	$1,120	$1,590	$2,398	$1,550
60657, Chicago, IL	$1,345	$1,900	$2,595	$2,072
60614, Chicago, IL	$1,603	$2,293	$2,851	$2,295
60613, Chicago, IL	$1,300	$1,695	$2,585	$1,945
60660, Chicago, IL	$1,120	$1,500	$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 $1,995. 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 $2.96. There are a total of 72 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 $1,595 and an average price per square feet of $2.38. There are a total of 151 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 $1,950 and an average price per square feet of $2.00. There are a total of 287 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 0.04%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by 0.09% 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 $1,596/month. You can search for these reasonably priced rental listings on RentHop.