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Near North Side Apartments for Rent

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Near North Side Apartments for Rent

Near North Side

About

Near North Side is the northernmost and second largest of four community areas that make up Downtown Chicago. It includes neighborhoods such as Gold Coast and Old Town which are well known to be extremely affluent. It is located east of Lake Michigan and north of the Chicago River. Near North Side is considered to be a historic neighborhood and is home to many of Chicago’s older Victorian-era buildings. There are heavy German and Puerto Rican influences in the region. Near North Side was home to many gays and lesbians throughout the mid-to-late 1900s till major gentrification of the neighborhoods occurred. Most gays and lesbians now reside in the Lake View neighborhood north of Near North Side.

Atmosphere

Renters looking for Near North Side apartments to rent shouldn’t be worried as it is considered one of the safer areas to live within Chicago. It has the highest number of skyscrapers, plenty of high-rise luxury apartments and one the largest populations. Though not a party town, Near North Side is mainly inhabited by families and young professionals. It’s easy to find a nice restaurant or a bar to hang out at after work.

History

Near North Side is one of the oldest neighborhoods in Chicago. It was first settled in the 1780s by Jean Baptiste Point du Sable, who is now better known as the Founder of Chicago. Today, this location is marked by Pioneer Court. In the 1830s, William B. Ogden and other landowners were the driving force behind the industrial development along the river. Ogden was personally responsible for creating Goose Island, by having a canal dug across a bend in the North Branch of the Chicago River, and later brought the first railroad to the area in 1848. Members of the McCormick family, also settled in this area near their Reaper Works located north of the river.

Check It Out

Near North Chicago is famous for its skyscrapers and affluent neighborhoods (ex: Gold Coast or Old Town). Residents can visit the Magnificent Mile, currently Chicago’s largest shopping district, or visit Chicago’s number one tourist attraction, The Navy Pier. Amazing restaurants and bars to check out include GT Fish & Oyster and the Berkshire Room. Some other local favorites include the coffee shop, Doughnut Vault, or the Underground, a popular night club venue.

For those interested, Near North Side currently has 788 residential listings advertised on the market for rent. From data that we've compiled, listings range from $1,950 in the lower quartile to $3,580 in the upper quartile. Generally speaking, the median rental price is $2,500 or $33 / ft². For those interested in renting a listing in this search area, there are currently 85 studio, 357 one-bedroom, 256 two-bedroom, 80 three-bedroom, and 10 four+ bedroom properties available for rent.
For your convenience, we've included a more detailed breakdown of rental pricing by median bedroom sizes here:
Bedrooms Rent Rent / ft²
Studio $1,524 $33
1 BR $2,100 $33
2 BR $3,250 $31
3 BR $6,000 $36
4+ BR $8,500 $31

We make sure to refresh our rental listings every hour in order to provide you with the newest and most up-to-date inventory available on the market.

Near North Side is located within Cook County, Illinois. This area currently has 5,227,575 residents in 1,951,606 households. Out of the total population, 30.47% of the residents speak another language at home instead of English. The majority of the inhabitants in this county are currently unmarried and have a median age of 36.1.

When looking at residents older than 25, 23.68% have graduated from high school, 21.88% have a bachelor's degree, and 14.59% have obtained their master's degree or above. Employment rate is typically around 59.7% and the median income in this county is $56,902.

At least 43.37% of those living in this county rents their homes. Most residents will commute to work by car with an average commute time of 32.6 minutes.

Geographically, Cook County, Illinois is a part of the Chicago, IL - IN Urban Area. This county is currently home to 8,672,319 residents, or 3,153,810 households with a median income of $63,064. the Chicago, IL - IN Urban Area residents have a median age of 36.6 and 36.73% are currently renting their homes in the area.

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