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Apartments for Rent in Near North Side Chicago, Chicago, IL - 461 Rentals available

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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 5,341
    Male 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

  • $1,001-$1,50011%
  • $1,501-$2,00027%
  • > $2,00062%

Near North Side Chicago, Chicago, IL Rent Trends

Average Rent Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Jan / 2020
Near North Side Chicago, Chicago, IL $2,189 $2,308 $2,258 $2,269 $2,270 $2,394 $2,399 $2,521 $2,487
National $1,350 $1,382 $1,385 $1,388 $1,423 $1,431 $1,434 $1,469 $1,474
/

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 2,040
    Non-family 4,960
  • Children 577
    No 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.

RENTCafé is your one-stop shop for finding a great new apartment in Near North Side Chicago, Chicago, IL. Easily search through a wide selection of apartments for rent in Near North Side Chicago, Chicago, IL, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Near North Side Chicago, Chicago, IL apartments with rents starting from $974 and submit your rental application today!

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