Last updated
Average Rent in River North & Rent Trends
Rent prices and market trends across 1 apartment community in River North, Chicago, IL. Updated daily.
Market Average
$2,724/mo
Lowest Available
$2,724/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
1
available now
River North vs Chicago, IL Average
River North is cheaper the Chicago, IL average by $758/mo (22%). The citywide average is $3,482/mo across all neighborhoods.
Is Rent Going Up or Down in River North?
As of July 2026, the average rent in River North is $2,724 per month across 1 apartment community and 1 available units.
The most affordable option is Downtown Apartment Collective starting at $2,724/mo. By unit type, a studio averages $2,724/mo.
Prices range from $2,724 to $2,724 per month. The most common price point is the $2,600 range, where 1 units are currently listed.
Rent by Bedroom Type in River North
Rent Prices by Apartment in River North
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Downtown Apartment Collective | $2,724/mo | $2,724/mo | 1 | 5 |
Google Search Trends for River North Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in River North
What is the average rent in River North?
Is rent going up or down in River North?
What is the cheapest apartment in River North?
How many apartments are available in River North?
What salary do I need to live comfortably in River North?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$109,000/year
Based on the 30 percent rule, using our tracked average rent of $2,724/mo.
Comfortable income
$131,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
Median household income in River North is $75,134 , about 43% below the comfortable-living threshold.
Cost of living in River North
Overall prices in River North 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 River North's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,724 |
| Utilities | $477 |
| Groceries | $563 |
| Transportation | $1,138 |
| Healthcare | $555 |
| Other goods and services | $888 |
| Estimated total | $6,345/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 River North Apartments
Browse all 1 communities with daily-updated pricing and availability.