North Chicago, IL Rental Market Trends
Highlights
The average rent for an apartment in North Chicago is $1,447, a change amounting to approximately 0% compared to the previous year.
Average Rent in North Chicago, IL
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,447 | 0% | 916 sq. ft. |
The average size for a North Chicago, IL apartment is 916 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
North Chicago, IL Apartment Rent Ranges
- $1,001-$1,50058%
- $1,501-$2,00042%
North Chicago, IL Occupied Housing Units
- Renter-occupied Households40%
- Owner-occupied Households59%
2,963 or 40% of the households in North Chicago, IL are renter-occupied while 4,347 or 59% are owner-occupied.
North Chicago, IL Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Mar / 2021 |
|---|---|---|---|---|---|---|---|---|---|
| North Chicago, IL | $1,433 | $1,433 | $1,410 | $1,383 | $1,427 | $1,442 | $1,511 | $1,522 | $1,447 |
| National | $1,311 | $1,342 | $1,351 | $1,356 | $1,388 | $1,395 | $1,397 | $1,389 | $1,392 |
How North Chicago Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Chicago | $1,809 | -7% |
| Oak Park | $1,880 | n/a |
| Evanston | $1,953 | -1% |
| Naperville | $1,521 | 2% |
| Aurora | $1,334 | 1% |
| Kenosha | $1,067 | 3% |
| Waukegan | $1,016 | 2% |
| Elgin | $1,196 | 9% |
| Gurnee | $1,380 | 2% |
| North Chicago | $1,447 | n/a |
| Lake Villa | $1,185 | 4% |
For more information about the North Chicago rental trends, check out our monthly rent report
Check out Illinois Cities, Illinois Neighborhoods and Illinois Zip Codes for more details on verified listings, including the Illinois Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!