Last updated on September 16, 2026

Average rent in
Near North Side, Chicago, IL

Median rent

Median rent in Near North Side

$2,903/mo

increased by2%

vs previous year

The average rent in Near North Side is $2,903 per month as of September 2026. This is 53% above the national average rent, or $1,003 more per month.

$3.49

average price per square foot

Total rentals

Available rentals in Near North Side

930

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Near North Side rentals at each price point

55%41%28%14%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Near North Side, Chicago, IL

Average rent prices in Near North Side have decreased by 1% over the last month and have increased by 2% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Near North Side, Chicago, IL

Rent prices in Near North Side vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Near North Side is $2,936, whereas a house costs $4,400. 1-bedroom apartments in Near North Side run $2,868 on average, while 2-bedroom apartments are $4,295.

Listings

Studio

$2,200

2%

3%

1 bedroom

$2,769

No Change

2%

2 bedroom

$4,232

No Change

3%

3 bedroom

$7,393

5%

18%

4 bedroom

$8,750

27%

2%

Studio

Average rent

$2,200

Last 30 days

2%

Last year

3%

1 bedroom

Average rent

$2,769

Last 30 days

No Change

Last year

2%

2 bedroom

Average rent

$4,232

Last 30 days

No Change

Last year

3%

3 bedroom

Average rent

$7,393

Last 30 days

5%

Last year

18%

4 bedroom

Average rent

$8,750

Last 30 days

27%

Last year

2%

The table above reflects average rent prices in Near North Side, Chicago, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Near North Side, Chicago, IL compare to other neighborhoods?

Compare median rent prices in Near North Side and Hyde Park by all bedroom counts and property types.

Near North Side

Median rent price$2,903
increased by53%

higher than the national median

Median rent price$1,997
increased by5%

higher than the national median

Takeaway

The median rent for all rentals in Near North Side, Chicago, IL is 45% higher than the median rent in Hyde Park, Chicago, IL.

Discover rentals in Near North Side, Chicago, IL

1430 N Dearborn Pkwy - Photo 1 of 1

4d ago

8.8

Very good

1430 N Dearborn Pkwy

1430 N Dearborn St, Chicago, IL 60610

Studio–1 bed

1 bath

$1,345–$1,845

61 West Erie Street - Photo 1 of 1
3D tour

1d ago

9.3

Excellent

Our team has verified this company

Verified

61 West Erie Street

61 W Erie St #1396, Chicago, IL 60654

Studio–2 beds

1–2 baths

$1,500–$2,820

1164 N Dearborn St #313 - Photo 1 of 1

5d+ ago

Near North Side apartment for rent in Chicago

1164 N Dearborn St #313, Chicago, IL 60610

Studio

1 bath

$1,500

1164 N Dearborn St #407 - Photo 1 of 1

4d ago

Our team has verified this company

Verified

1164 N Dearborn St #407, Chicago, IL 60610

Studio

1 bath

$1,535

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Near North Side, Chicago, IL

Quick answers to common questions about the Near North Side rental market.

How much is rent in Near North Side?

The average rent in Near North Side is $2,903 per month as of September 12, 2026.

Is rent up or down in Near North Side?

Average rent prices in Near North Side have decreased by 1% over the last month and have increased by 2% since last year.

How does Near North Side rent compare to the national average?

Rent in Near North Side is 53% above the national average, which means renters are paying approximately $1,003 more per month.

What salary do I need to afford rent in Near North Side?

To comfortably afford rent in Near North Side, you'd need to earn approximately $116,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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