Apartments in North Chicago
Frequently Asked Questions
How many apartments are available in North Chicago, IL on Rentable.co?
Rentable.co has over 64 apartments available in North Chicago.
Rentable.co has over 64 apartments available in North Chicago.
Welcome to the December 2024 North Chicago Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the North Chicago rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in North Chicago and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of North Chicago average rent prices in the chart below.
North Chicago rent prices increased over the last month. From November to December, the city experienced a 1.35% increase for the price of a one-bedroom apartment. The rent price for a North Chicago one-bedroom apartments currently stands at $1,280.0.
When we take a look at the two-bedroom comparison from November to December, North Chicago experienced a 0.0% decrease for the price of a two-bedroom apartment. The rent price for a North Chicago two-bedroom apartments currently stands at $1,677.0.
Rent prices have increased in North Chicago over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the North Chicago suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rents did not increase in any of the North Chicago suburbs
Rents did not decrease in any of the North Chicago suburbs.
Rent growth in North Chicago over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, North Chicago average rent prices appear to be relatively affordable for local residents.
The price for a North Chicago one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
For more information about North Chicago and surrounding area rent prices, take a look at the complete data set below.
| 1 BR December | 1 BR M/M % Change | 2 BR December | 2 BR M/M % Change |
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Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.