Apartments for Rent in Near North Side, Chicago, IL

Near North Side, Chicago apartment availability

Near North Side's rental market offers a very strong selection of rental listings, with an average of nearly 6,943 rentals available each month in 2024. The neighborhood's inventory is diverse, with a mix of 1-bedroom, 2-bedroom, and studio apartments, as well as some 3-bedroom options. Many of these apartments cater to pet owners, with over 52% allowing pets, although some may have restrictions. This makes Near North Side a great option for renters with furry friends. With its wide range of rentals and pet-friendly amenities, Near North Side is a popular choice for Chicagoans.

Near North Side, Chicago rental market trends

The Near North Side of Chicago saw a slight decrease in average monthly rent in 2024, with a year-over-year drop of about 0.9% to $2,795. Broken down by bed count, 1-bedrooms average around $2,563 per month, a 0.4% decrease from the previous year. The average rent for a 2-bedroom is approximately $3,823, while studios come in at about $1,974.

Summer months tend to see the highest demand and prices in the Near North Side, with June typically experiencing the highest rent, 13.2% higher than November, the month with the lowest rent. If you're looking for a new apartment, November may be a good time to find a deal. On the other hand, if you're looking to rent out a property, June is likely to be the most lucrative month. In terms of competition, it's essential to be prepared during the summer months when demand is high, and the rental market is more competitive.

Near North Side, Chicago architectural style

Near North Side, Chicago, is a haven for high-rise living, with the majority of properties in the area featuring this architectural style. Renters who value the convenience and amenities that come with high-rise buildings, such as elevators, secure entry, and stunning city views, will find plenty of options to choose from. The sleek, modern facades and efficient layouts of these buildings make them a great fit for urban dwellers who want to be close to the action. With many high-rises in the area, renters can enjoy the benefits of city living, including easy access to public transportation, shopping, and entertainment. Architectural style in Near North Side,Chicago is representative of a subset of listings available on Zumper over the last few years.

Why Near North Side, Chicago is a great place to live

Near North Side is a top choice for renters prioritizing fitness and social living. According to 2024 data, apartments in the area often feature onsite gyms, pools, and spas, as well as fitness classes and wellness programs, making it easy to maintain an active lifestyle. The neighborhood's social scene is also thriving, with a high concentration of restaurants, frequent transit options, and well-designed shared spaces. Additionally, the area's focus on safety and street infrastructure ensures a secure and convenient environment for getting around and meeting up with friends. Overall, Near North Side offers an ideal blend of fitness and social opportunities, making it an attractive option for renters seeking a balanced lifestyle.