Near North Side

Chicago, IL

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Near North Side - Chicago, IL

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One of Chicago’s finest

Shopping Dining Nightlife Walkable Public Transportation

Chicago’s Near North Side has earned a reputation as one of the most desirable communities in the city for renters. Residents generally recognize the Near North Side as the area below North Avenue between Lake Michigan and the Chicago River. This large waterfront section of the city incorporates several smaller neighborhoods, including River North, Old Town, and Gold Coast. You’ll find the area’s most popular attractions along the famous Michigan Avenue (AKA “The Magnificent Mile”), a swanky shopping corridor that also incorporates high-end restaurants, trendy nightclubs, and performance venues.

So, what is it like to live in Near North Side? The magnificent Victorian architecture intermingles with the modern skyscrapers, creating a distinctive and timeless atmosphere. This section of the city is also home to a vast array of art galleries, displaying everything from the classical to the contemporary. Residents enjoy easy access to the lake, including the famous Navy Pier and the North Avenue Beach. The mix of apartments, condos, and corporate skyscrapers gives many residents the option to walk to work quickly and easily, and of course Chicago’s public transportation options are readily available to get you anywhere in the city.

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Rent Trends

As of December 2024, the average apartment rent in Near North Side is $1,642 for a studio, $2,510 for one bedroom, $3,613 for two bedrooms, and $5,616 for three bedrooms. Apartment rent in Near North Side has increased by 3.8% in the past year.

  • Studio

  • 378 sq ft

    Average Sq Ft

  • $1,642/month

    Average Rent

  • 1 BR

  • 740 sq ft

    Average Sq Ft

  • $2,510/month

    Average Rent

  • 2 BR

  • 1,080 sq ft

    Average Sq Ft

  • $3,613/month

    Average Rent

  • 3 BR

  • 1,515 sq ft

    Average Sq Ft

  • $5,616/month

    Average Rent

Transportation

98

Walker's Paradise

out of 100 WalkScore® Rating

Lace up your walking shoes because this area is considered a walker’s paradise.

85

Excellent Transit

out of 100 TransitScore® Rating

You’ll have excellent transit living in this area, with several nearby transit stops.

85

Very Bikeable

out of 100 BikeScore® Rating

This area is very bikeable. You’ll find a variety of bike paths and lanes.

Points of Interest

Top Apartments in Near North Side

Houses for Rent in Near North Side

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Living in Near North Side

History

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In 1871, a significant portion of the Near North Side burned in the Great Chicago Fire. The Chicago Water Tower on Michigan Avenue was one of the only buildings left standing after the fire. The city rebuilt over the next two decades, making the Near North Side into a major hub for commerce and culture. At one point, Olympic medalist and World War II hero Robert Halperin called the neighborhood home. Famous buildings include the Gothic revival Chicago Tribune Tower and the 1960s-era Marina City towers.

Visitors and residents bring families to enjoy the interactive exhibits at the Chicago Children's Museum provides interactive exhibits for kids, while adults head for the quieter Museum of Contemporary Art. On the Navy Pier, the Chicago Shakespeare Theatre provides year-round plays and musicals. The Near North Side hosts a variety of festivals and city events, including the Chicago Toy and Game Fair and the PNC Bank Winter WonderFest. In the fall, bring a handmade sign and your best shouting voice to cheer on runners in the Chicago Marathon.

Restaurants

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From Michelin-starred restaurants to dive bars, the Near North Side houses a staggering array of places to eat, drink, and dance until the wee hours. Though the bulk of restaurants are priced at the higher end of the scale, the neighborhood also offers ample chain outlets and fast-food locations. Restaurants exist on almost every street, with a higher concentration on the streets that run east and west from Michigan Avenue.

Transportation

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As one of Chicago's four downtown neighborhoods, the Near North Side links to all types of transportation. The Red, Brown and Purple train lines run north and south, connecting residents to the Loop and the northern suburbs. Numerous bus lines run throughout the area. You can catch taxis easily on the street during the day; call in advance on weekend evenings and holidays. Alternatively, use Uber to schedule a ride from any point in the Near North Side.

Traffic can be heavy during major city events such as the Chicago Marathon, so opt for public transportation. The easily accessible path along Lake Michigan draws residents on the east side, which makes bike commuting a breeze. Bikers take advantage of multiple bike paths and clearly marked bike lines. The Near North Side's pedestrian-friendliness means that many residents choose to walk to work.

Many residents of the Near North Side own cars and rent private parking spaces. Public parking structures lie at the south end of the neighborhood, near the tourist-oriented Magnificent Mile. Overnight rates generally hover around $50 for a 24-hour period. Interstates 90/94 lurk less than 3 miles from most points in the Near North Side, making it easy to get out of the city.

Parks

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Several parks spread throughout the Near North Side area, giving residents easy access to green space. If you're feeling athletic, head to Stanton Park and use the outdoor basketball courts, indoor pool and gym. Families in the Near North Side enjoy the kid-friendly Seward Park, which houses a dance studio, a playground and organized sporting events throughout the year. Walk your dogs at the dog-friendly area in the A. Montgomery Ward Park on North Kingsbury Street.

The bottom edge of Lincoln Park extends into the neighborhood, providing a long stretch of lakefront trail for running and biking. Locals flock to Oak Street Beach in the summer for sand volleyball, swimming and excellent views of the Chicago skyline. The beach hosts professional volleyball tournaments and makes an ideal place to watch the annual Chicago Air Show. Leave your dogs and beer at home; neither can come to the beach. Oak Street Beach, along with all other public parks in the Near North Side, cost nothing to enter.

Cost

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Renters living in the Near North Side pay an average of $2,749/month to rent an apartment, compared to the city average of $2,215. City dwellers exploring houses for rent throughout the Near North Side can expect to pay around $2,600 per month. For those looking to buy, the average house is valued at $386,250, compared to the city average of $262,866.

Shopping

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The Near North Side's shopping options range from Old Navy to Prada. Most retail outlets sprout up along the East Walton Street and the Magnificent Mile, the stretch of North Michigan Avenue that runs from the Chicago River to Oak Street. Head to the 900 North Michigan Shops for high-end retailers including Gucci and Max Mara. Give your wallet a break at Water Tower Place, with shopping mall standards such as Banana Republic and Abercrombie. Major national and worldwide brands occupy the bulk of the stores in the Near North Side.

When it comes to groceries and household staples, the Near North Side has you covered. Head to East Ontario Street to find Trader Joe's, a local favorite for inexpensive produce and packaged goods. For quality meats and organic fare, choose Whole Foods Market on West Huron Street. In the summer, leash up your dog and head to the Near North Farmers Market, where you can eat a homemade egg-and-waffle sandwich while chatting with local farmers about their produce.

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