Last updated
Average Rent in Near West Side & Rent Trends
Rent prices and market trends across 1 apartment community in Near West Side, Chicago, IL. Updated daily.
Market Average
$3,790/mo
▲ +6.6% from last month
Lowest Available
$3,790/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
2
available now
Near West Side vs Chicago, IL Average
Near West Side is more expensive the Chicago, IL average by $789/mo (26%). The citywide average is $3,001/mo across all neighborhoods.
Is Rent Going Up or Down in Near West Side?
As of May 2026, the average rent in Near West Side is $3,790 per month across 1 apartment community and 2 available units. Rents have increased $192 (6.6%) over the past month.
The most affordable option is Mainstreet Chicago starting at $3,790/mo. By unit type, a 3-bedroom averages $3,790/mo.
Prices range from $3,790 to $3,790 per month. The most common price point is the $3,600 range, where 2 units are currently listed.
Near West Side Rent Price History
Rent by Bedroom Type in Near West Side
Rent Prices by Apartment in Near West Side
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Mainstreet Chicago | $3,790/mo | $3,790/mo | 2 | 4.7 |
Google Search Trends for Near West Side Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Near West Side
What is the average rent in Near West Side?
Is rent going up or down in Near West Side?
What is the cheapest apartment in Near West Side?
How many apartments are available in Near West Side?
What salary do I need to live comfortably in Near West Side?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$152,000/year
30 percent rule -- using our average rent of $3,790/mo.
Comfortable income
$182,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
Median household income in Near West Side is $75,134 , about 59% below the comfortable-living threshold.
Cost of living in Near West Side
Overall prices in Near West Side runs above the national average by about 2% (BEA Regional Price Parity index 102.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Near West Side's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $3,790 |
| Utilities | $477 |
| Groceries | $563 |
| Transportation | $1,138 |
| Healthcare | $555 |
| Other goods and services | $888 |
| Estimated total | $7,411/mo |
Population
2,707,648
Median household income
$75,134
Census median rent
$1,380/mo
Rent as % of income
29.0%
Median age
35.7
Mean commute
34 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Near West Side Apartments
Browse all 1 communities with daily-updated pricing and availability.