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Rental Market Trends in North Chicago, IL

Updated July 2026

The average rent in North Chicago, IL is $748/month.

Rent in North Chicago is 55% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$748/month

Average Rent

440 Sq Ft

Average Size

+1.6%

Change / Year

95

Available Apartments

North Chicago rent varies by unit size and layout:

  • Studio apartments in North Chicago average $596 per month.
  • One-bedroom apartments in North Chicago average $748 per month.
  • Two-bedroom apartments in North Chicago average $838 per month.
  • Three-bedroom apartments in North Chicago average $989 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$596/month
500 Sq Ft
One Bedroom
$748/month
440 Sq Ft
Two Bedroom
$838/month
800 Sq Ft
Three Bedroom
$989/month
950 Sq Ft
View North Chicago Apartments

How much has average rent changed in North Chicago, IL?

In the past year, rent has increased by 1.6%, which averages out to $13 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in North Chicago, IL

July 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in North Chicago, IL
Percentage*
Rent Range
33% Below $700/month
67% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in North Chicago, IL?

Because the average rent in North Chicago is $748, you’ll want to make about $2,493 per month or $29,916 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

North Chicago, IL

95 Available Apartments for Rent

Search for Nearby Apartments

How does North Chicago, IL compare to other nearby cities and neighborhoods?

Use the tool below to compare North Chicago, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the North Chicago Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Waukegan

    Waukegan

Apartment Communities in North Chicago We Think You'll Love

The Chateau Royale

The Chateau Royale

625 S Dilger Ave,
Waukegan, IL 60085

1-2 Beds | $1,285 - $1,565

Landings at Amhurst Lake

Landings at Amhurst Lake

1375 S White Oak Dr,
Waukegan, IL 60085

1-2 Beds | $1,770 - $2,292

Deer Valley Apartments

Deer Valley Apartments

30011 N Waukegan Rd,
Lake Bluff, IL 60044

1-2 Beds | $1,739 - $2,621

The Lakes at Fountain Square Apartment Homes

The Lakes at Fountain Square Apartment Homes

500 Lakehurst Rd,
Waukegan, IL 60085

1-3 Beds | $1,471 - $3,200

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Frequently Asked Questions

What is the average rent in North Chicago?

The average rent in North Chicago is $748 per month, which is 55.0% lower than the national average of $1,663.

Are rents going up or down in North Chicago?

Rents in North Chicago, IL are increasing, with prices up 1.6% year-over-year and $13 more per month.

What rent range is most common in North Chicago?

In North Chicago, IL, 67% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Illinois North Chicago Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity