Apartments for Rent in Near North Side Chicago, Chicago, IL - 461 Rentals available
Renters’ Guide to Near North, IL
The neighborhood of Near North is one of 77 community areas of Chicago, Illinois, and is on the north side of the city. It is one of four areas that are considered downtown Chicago, and is bordered by The Loop to the south, River North and Cabrini Green to the west, Old Town Chicago to the north and Lake Michigan to the East. The Near North area is also the second largest community area of Chicago in terms of total area, has the largest number of skyscrapers, and the biggest population.
Near North Side Chicago, Chicago, IL Demographics
- Total Population11,362
Female 5,341Male 6,021
- Median Age33.7
Cost of Living in Near North
There are plenty of options for public transportation in Near North, as residents have multiple bus lines and rail lines, and all of them connect to downtown. The average cost for a one-way pass in Near North is $2.25.
Dinner for two at a typical restaurant in the Near North neighborhood costs between $45 and $80, while the average meal costs about $60. Average utility costs in Near North are also very reasonable, as residents pay around $130 a month for basic utilities.
Average Rent in Near North Side Chicago, Chicago, IL
- Near North Side Chicago, Chicago, IL Average Rental Price, January 2020 $2,487 /mo
Near North Side Chicago, Chicago, IL Apartment Rent Ranges
- > $2,00062%
Near North Side Chicago, Chicago, IL Rent Trends
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Check out the average rent in Chicago.
Living in Near North, Chicago
There are many pros to living in Near North, including a wide variety of cultural activities. Just within the immediate area there are multiple museums, theaters, and art galleries.
One of the few cons to living in Near North is how busy the city is, although many also enjoy the hustle and bustle of being so close to the downtown area.
Things to do in Near North
There are plenty of fun things to do in Near North, whether it’s visiting the theater, a museum, or a live sporting event. Shoppers will thoroughly enjoy themselves here, as there is certainly no shortage of places to shop in Near North. One of the most popular spots is the Shops at Northbridge, an artsy area with some of the Lakeview East’s best shopping, dining, and entertainment options. For those looking for something to do with kids in Near North, the Chicago Children’s Museum is a great place to visit, as is the Loyola University Museum of Art. There’s plenty for sports fans in Near North as well, and the area has a team in every major professional sport. Within Chicago, residents can see the Chicago Bulls (NBA), Chicago Bears (NFL), Chicago Fire (MLS), Chicago White Sox (MLB), and the Chicago Cubs (MLB).
Employment and Economy
The unemployment rate is fairly high (5.9%) in the metro Chicago area, although there are plenty of major employers in the Near North area. Some of the most notable employers in Near North include the Wrigley Company, the Tribune Company, Etihad & Qatar Airways, and the Chicago office of Google.
Near North Side Chicago, Chicago, IL Households
- Total Number of Households7,000
Family 2,040Non-family 4,960
Children 577No Children 6,423
- Average People Per Household1.58
- Median Household Income$96,040
- Median Housing Costs Per Month$1,954
Education in Near North
Education in Chicago’s Near North neighborhood is served by the Chicago Public School District. Notable schools in the area include Payton College Preparatory High School, Ogden School and Salazar Elementary Bilingual Center. There are also many options for higher education in Near North, including the Northwestern University School of Law, Loyola University Chicago, and Kendall College.
Near North Side Chicago, Chicago, IL Education Statistics
- No High School1%
- Some High School8%
- Some College12%
- Associate Degree3%
- Bachelor Degree42%
- Graduate Degree34%
Tips for Renting in Near North
The rights of renters in Near North are governed by Illinois state law and are relatively straightforward. When it comes to tenant security deposits, Illinois is a bit strict, as state law requires landlords to keep security deposits in an FDIC insured account at a bank. And whenever the deposit is returned, any interest accrued is owed to the tenant. Illinois state law also stipulates that landlords must give tenants 48 hours’ notice before entering the property.
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