Average Rent in Near West Side, Chicago, IL

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Current Versus Historical Near West Side, Chicago, IL Rents

Near West Side rentals average $2,400 for a 1-bedroom rental to $5,900 for a 4-bedroom rental. The median price of all currently available listings is $2,750, or roughly $2 per square feet.

For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $838 (41.46%) year-over-year from $2,022 to $2,860. 1-bedroom rentals prices have increased by $934 (34.98%) year-over-year from $2,669 to $3,603. 2-bedroom rentals prices have increased by $405 (11.72%) year-over-year from $3,452 to $3,857. 3-bedroom rentals prices have decreased by $759 (-16.13%) year-over-year from $4,707 to $3,948. 4-bedroom rentals prices have increased by $1,300 (28.27%) year-over-year from $4,600 to $5,900. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 10.72% this month. 1-bedroom rents have gone up by 13.10% this month. 2-bedroom rents have gone down by 0.69% this month. 3-bedroom rents have gone down by 14.14% this month. 4-bedroom rents have gone up by 21.65% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$2.73	$3,603	$2,669 (34.98%)	$2,728 (32.09%)
2 BR	$2.21	$3,857	$3,452 (11.72%)	$3,111 (24.00%)
3 BR	$1.80	$3,948	$4,707 (-16.13%)	$4,783 (-17.46%)
4+ BR	$1.97	$5,900	$4,600 (28.27%)	$3,198 (84.47%)

Historical Rents in Near West Side, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Near West Side

There are a total of 6 cities nearby Near West Side. The average rent in Near West Side is currently $2,550 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Chicago, IL, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near Near West Side, Chicago, IL is Evanston, IL. Monthly rents here are on average $2,795 per month.

Let's compare Near West Side, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 23.96% more expensive. Two bedrooms in Near West Side, Chicago, IL are about 17.84% more expensive. Finally, rent for three bedrooms are about 13.15% more expensive. Want more information? Check out the top 6 cities near Near West Side, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Chicago, IL	$1,375	$1,800	$2,200	$2,100
Schaumburg, IL	N/A	$2,131	$2,290	$2,250
Aurora, IL	N/A	$1,523	$2,200	$2,450
Oak Park, IL	N/A	$1,750	$2,625	$2,650
Naperville, IL	N/A	$1,850	$2,200	$2,700
Evanston, IL	$2,306	$2,250	$2,795	$2,795

Top Neighborhoods Near Near West Side

There are a total of 17 neighborhoods in or near Near West Side. Some of these neighborhoods include South Shore, Uptown, and Rogers Park. We've included all of these top 17 neighborhoods in or near Near West Side, Chicago, IL in the following chart.

The average rent for these 17 neighborhoods in or near Near West Side, Chicago, IL is currently around $2,100 per month. A total of 14 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $2,100. Out of all the neighborhoods in or near Near West Side, South Shore has the most affordable average rent at $1,275 per month. Whereas, at $2,950 average rent per month, Near North Side is the most expensive neighborhood in or near Near West Side. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
South Shore, Chicago, IL	$1,050	$1,050	$1,230	$1,275
Uptown, Chicago, IL	$1,200	$1,600	$2,325	$1,600
Rogers Park, Chicago, IL	$1,200	$1,550	$1,895	$1,650
Edgewater, Chicago, IL	$1,298	$1,648	$2,150	$1,800
West Rogers Park, Chicago, IL	N/A	$1,625	$1,850	$2,000
Lincoln Park, Chicago, IL	$1,788	$2,190	$3,800	$2,017
Pilsen, Chicago, IL	N/A	$1,600	$1,750	$2,050
Humboldt Park, Chicago, IL	N/A	$1,750	$1,750	$2,100
Ravenswood, Chicago, IL	$1,300	$1,800	$2,200	$2,100
Bronzeville, Chicago, IL	N/A	$1,700	$2,050	$2,200
Logan Square, Chicago, IL	$1,550	$1,650	$2,200	$2,296
Lakeview, Chicago, IL	$1,500	$1,850	$2,600	$2,310
South Loop, Chicago, IL	$1,650	$2,000	$2,800	$2,665
The Loop, Chicago, IL	$1,825	$2,200	$3,000	$2,750
DePaul, Chicago, IL	$1,950	$2,496	$2,625	$2,775
West Town, Chicago, IL	$2,235	$2,480	$2,833	$2,900
Near North Side, Chicago, IL	$1,730	$2,275	$3,700	$2,950

Top Counties Near Near West Side

There are a total of 17 counties located by Near West Side, Chicago, IL. Some of these counties include Thornton, IL, Downers Grove, IL, and Chicago, IL. The average rent for rentals in these counties is $2,419. That's roughly around $2 per sqft. A total of 13 counties have a lower average rent. The county that is the most affordable is Thornton, IL. It's average rent per month is $1,713. Vice versa, with an average rent of $3,200, Vernon, IL is the most expensive county by Near West Side, Chicago, IL.

In comparison, rent for one bedroom listings in Near West Side, Chicago, IL is 32.50% more expensive than other counties nearby. Finally, rent for two bedrooms in Near West Side, Chicago, IL is 16.37% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Thornton, IL	$1,000	$1,050	$1,400	$1,713
Downers Grove, IL	N/A	$1,850	$2,060	$2,078
Chicago, IL	$1,375	$1,800	$2,200	$2,100
Proviso, IL	$1,195	$1,400	$1,700	$2,200
Milton, IL	N/A	$1,928	$2,271	$2,286
Leyden, IL	N/A	$1,350	$2,400	$2,400
Maine, IL	N/A	$1,500	$2,300	$2,400
Niles, IL	N/A	$1,400	$2,300	$2,500
Oak Park, IL	N/A	$1,750	$2,625	$2,650
Evanston, IL	$2,306	$2,250	$2,795	$2,795

Top Zipcodes Near Near West Side

There are a total of 4 zipcodes in or near Near West Side, Chicago, IL. The average rent for all of these zipcodes is $2,000. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60641, Chicago, IL at $1,900 per month. In comparison, the zipcode with the most expensive average rent of $2,300 per month is 60615, Chicago, IL.

Studios in these zipcodes have an average rent of $1,275. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Near West Side, Chicago, IL is $1,528 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,920 per month. Which comes out to $2 per sqft. The following chart includes the top 4 zipcodes in Near West Side, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
60618, Chicago, IL	$1,600	$1,700	$1,975	$2,000
60641, Chicago, IL	$1,100	$1,300	$1,750	$1,900
60615, Chicago, IL	$1,250	$1,513	$1,967	$2,300
60625, Chicago, IL	$1,300	$1,543	$1,873	$2,000

Frequently Asked Questions - Near West Side Average Rents

What is the average rent price in Near West Side, Chicago, IL?

The average monthly rental price for Near West Side, Chicago, IL apartments for rent is approximately $2,750. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Near West Side, Chicago, IL rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Near West Side, Chicago, IL.

How much is a studio apartment in Near West Side, Chicago, IL?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Near West Side.

How much is a one bedroom apartment in Near West Side, Chicago, IL?

The average monthly rental price for one bedroom apartments is $2,400 and an average price per square feet of $2.73. There are a total of 9 one bedroom apartment listings currently available for rent in Near West Side.

How much is a two bedroom apartment in Near West Side, Chicago, IL?

The average monthly rental price for two bedroom apartments is $2,733 and an average price per square feet of $2.21. There are a total of 32 two bedroom apartment listings currently available for rent in Near West Side.

How have rent prices in Near West Side, Chicago, IL changed this year?

Rent prices for rentals in Near West Side, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.41%, one bedroom rental prices have changed by 0.35%, two bedroom rental prices have changed by 0.12%, and three bedroom rental prices have changed by -0.16% year-over-year.

What is a reasonable rent price in Near West Side, Chicago, IL?

A reasonable rent price in Near West Side, Chicago, IL is around $2,200/month. You can search for these reasonably priced rental listings on RentHop.