Average Rent in River North, Chicago, IL

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Current Versus Historical River North, Chicago, IL Rents

River North rentals average $2,428 for a studio rental to $30,000 for a 4-bedroom rental. The median price of all currently available listings is $3,200, or roughly $50 per square feet.

For the apartment units and housing in October 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $72 (-2.89%) year-over-year from $2,500 to $2,428. 1-bedroom rentals prices have increased by $351 (13.12%) year-over-year from $2,673 to $3,024. 2-bedroom rentals prices have increased by $648 (17.93%) year-over-year from $3,615 to $4,263. 3-bedroom rentals prices have increased by $1,602 (30.52%) year-over-year from $5,250 to $6,852. 4-bedroom rentals prices have increased by $11,000 (57.90%) year-over-year from $19,000 to $30,000. 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 0.58% this month. 1-bedroom rents have gone up by 5.81% this month. 2-bedroom rents have gone up by 1.22% this month. 3-bedroom rents have gone down by 2.85% this month. 4-bedroom rents have gone up by 9.09% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$56.22	$2,428	$2,500 (-2.89%)	$1,868 (30.01%)
1 BR	$49.47	$3,024	$2,673 (13.12%)	$2,409 (25.52%)
2 BR	$47.53	$4,263	$3,615 (17.93%)	$3,456 (23.36%)
3 BR	$57.30	$6,852	$5,250 (30.52%)	$6,318 (8.45%)
4+ BR	$72.74	$30,000	$19,000 (57.90%)	$23,942 (25.30%)

Historical Rents in River North, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near River North

There are a total of 12 cities nearby River North. The average rent in River North is currently $2,405 per month. A total of 12 cities nearby have an average rent lower than that. Our records show that Oak Park, IL, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near River North, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,900 per month.

Let's compare River North, Chicago, IL's rent against other top cities nearby by bedroom size. Typically, rent for studios in River North, Chicago, IL is 45.42% more expensive than other cities nearby. One bedrooms are about 36.18% more expensive. Two bedrooms in River North, Chicago, IL are about 48.06% more expensive. Finally, rent for three bedrooms are about 56.22% more expensive. Want more information? Check out the top 10 cities out of 12 total cities near River North, Chicago, IL in the following table.

City	Studio	1 Bed	2 Bed	All
Oak Park, IL	$1,929	$2,399	$2,125	$2,100
Palatine, IL	$1,300	$1,500	$2,050	$2,300
Skokie, IL	$1,150	$2,300	$2,200	$2,400
Schaumburg, IL	N/A	$2,233	$2,325	$2,400
Wheaton, IL	$1,425	$1,850	$2,533	$2,411
Vernon Hills, IL	$2,074	$2,234	$2,100	$2,491
Evanston, IL	$1,915	$1,795	$2,395	$2,500
Chicago, IL	$2,147	$2,585	$3,056	$2,586
Arlington Heights, IL	$1,200	$2,000	$2,225	$2,600
Naperville, IL	N/A	$1,625	$2,350	$2,900

Top Neighborhoods Near River North

There are a total of 29 neighborhoods in or near River North. Some of these neighborhoods include South Shore, Edgewater, and Austin. We've included all of these top 29 neighborhoods in or near River North, Chicago, IL in the following table.

The average rent for these 29 neighborhoods in or near River North, Chicago, IL is currently around $2,450 per month. A total of 28 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is less than River North's average rent, which is actually $3,200. Out of all the neighborhoods in or near River North, South Shore has the most affordable average rent at $1,575 per month. Whereas, at $3,952 average rent per month, DePaul is the most expensive neighborhood in or near River North. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
South Shore, Chicago, IL	$995	$1,200	$1,495	$1,575
Edgewater, Chicago, IL	$1,356	$1,600	$2,498	$1,650
Austin, Chicago, IL	$1,150	$1,150	$1,600	$1,750
Rogers Park, Chicago, IL	$1,341	$1,450	$2,000	$1,784
West Rogers Park, Chicago, IL	$1,338	$1,495	$1,905	$1,903
Lawndale, Chicago, IL	$1,550	$1,400	$1,650	$1,925
Hyde Park, Chicago, IL	$1,095	$1,373	$2,350	$1,950
Uptown, Chicago, IL	$1,397	$1,990	$2,500	$1,990
Albany Park, Chicago, IL	$1,275	$1,513	$2,000	$2,000
Pilsen, Chicago, IL	$1,998	$1,498	$2,000	$2,048
Jefferson Park, Chicago, IL	$1,300	$1,500	$2,200	$2,200
Ravenswood, Chicago, IL	$1,550	$1,963	$2,650	$2,295
Humboldt Park, Chicago, IL	$1,513	$1,750	$2,075	$2,368
University Village - Little Italy, Chicago, IL	$2,004	$2,335	$3,036	$2,412
Logan Square, Chicago, IL	$1,695	$2,233	$2,551	$2,450
Lakeview, Chicago, IL	$1,520	$2,299	$3,100	$2,495
Bronzeville, Chicago, IL	$995	$1,700	$2,373	$2,625
Bucktown, Chicago, IL	$2,191	$2,629	$3,550	$2,641
Tri-Taylor, Chicago, IL	$2,205	$2,515	$3,059	$2,673
Lincoln Park, Chicago, IL	$1,850	$2,745	$4,144	$2,741
South Loop, Chicago, IL	$2,295	$2,658	$3,520	$2,850
The Loop, Chicago, IL	$2,398	$2,870	$4,050	$2,863
Wicker Park, Chicago, IL	$2,400	$2,880	$3,200	$2,900
Near West Side, Chicago, IL	$2,330	$2,868	$3,824	$2,945
Goose Island, Chicago, IL	$2,075	$3,052	$4,545	$3,025
Near North Side, Chicago, IL	$2,380	$2,885	$4,162	$3,032
West Loop, Chicago, IL	$2,361	$3,025	$4,142	$3,074
West Town, Chicago, IL	$2,517	$2,978	$4,268	$3,175
DePaul, Chicago, IL	$2,195	$2,650	$3,750	$3,952

Top Counties Near River North

There are a total of 28 counties located by River North, Chicago, IL. Some of these counties include Worth, IL, Leyden, IL, and Proviso, IL. The average rent for rentals in these counties is $2,400. That's roughly around $23 per sqft. A total of 28 counties have a lower average rent. The county that is the most affordable is Worth, IL. Its average rent per month is $1,800. Vice versa, with an average rent of $3,200, Vernon, IL is the most expensive county by River North, Chicago, IL.

Typically, rent for studios in River North, Chicago, IL is 52.63% more expensive than other counties nearby. In comparison, rent for one bedroom listings in River North, Chicago, IL is 45.29% more expensive than other counties nearby. Finally, rent for two bedrooms in River North, Chicago, IL is 50.40% more expensive than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Worth, IL	$1,350	$1,460	$1,675	$1,800
Leyden, IL	N/A	$1,500	$1,895	$1,900
Proviso, IL	$1,195	$1,425	$1,800	$1,950
Oak Park, IL	$1,929	$2,399	$2,125	$2,100
Lyons, IL	$1,650	$1,500	$1,800	$2,300
York, IL	N/A	$1,650	$2,000	$2,400
Evanston, IL	$1,915	$1,795	$2,395	$2,500
Chicago, IL	$2,147	$2,585	$3,056	$2,586
Maine, IL	N/A	$1,650	$2,100	$2,598
Niles, IL	$1,150	$2,300	$2,250	$2,700

Top Zipcodes Near River North

There are a total of 36 zipcodes in or near River North, Chicago, IL. The average rent for all of these zipcodes is $2,450. A total of 36 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60649, Chicago, IL at $1,575 per month. In comparison, the zipcode with the most expensive average rent of $3,150 per month is 60611, Chicago, IL.

Studios in these zipcodes have an average rent of $1,516. That's at least $41 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near River North, Chicago, IL is $1,899 per month. Or in other words, $34 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,440 per month. Which comes out to $28 per sqft. The following table includes the top 10 zipcodes in River North, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
60654, Chicago, IL	$2,418	$2,973	$4,165	$3,146
60661, Chicago, IL	$2,272	$2,825	$3,792	$2,918
60601, Chicago, IL	$2,362	$2,900	$4,192	$2,888
60610, Chicago, IL	$2,265	$2,711	$4,047	$2,811
60611, Chicago, IL	$2,379	$2,850	$4,175	$3,150
60642, Chicago, IL	$2,196	$2,889	$3,623	$3,063
60607, Chicago, IL	$2,403	$2,886	$3,915	$2,994
60605, Chicago, IL	$2,297	$2,728	$3,699	$2,853
60614, Chicago, IL	$1,950	$2,657	$4,000	$2,811
60622, Chicago, IL	$2,343	$2,598	$2,895	$2,880

Frequently Asked Questions - River North Average Rents

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

The average monthly rental price for River North, Chicago, IL apartments for rent is approximately $3,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do River North, 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 River North, Chicago, IL.

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

The average monthly rental price for studio apartments is $2,428 and an average price per square feet of $56.22. There are a total of 110 studio apartment listings currently available for rent in River North.

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

The average monthly rental price for one bedroom apartments is $3,016 and an average price per square feet of $49.47. There are a total of 229 one bedroom apartment listings currently available for rent in River North.

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

The average monthly rental price for two bedroom apartments is $4,260 and an average price per square feet of $47.53. There are a total of 156 two bedroom apartment listings currently available for rent in River North.

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

Rent prices for rentals in River North, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by -0.03%, one bedroom rental prices have changed by 0.13%, two bedroom rental prices have changed by 0.18%, three bedroom rental prices have changed by 0.31% year-over-year.

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

A reasonable rent price in River North, Chicago, IL is around $2,560/month. You can search for these reasonably priced rental listings on RentHop.