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Near North Side

Learn about the people, housing, costs and businesses in Near North Side, Illinois

Median Home$571,710
Median Rent$2,323/month
Population107,331
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services33% healthcare
Home Value Growth⬆⬆+12.8% over 2 years
Young Adults54% of residentstop 4% nationally
Renters63% of occupied units
NotableAmenity Score91/100 · highly walkable area
NotableHighly Educated45% bachelor's · 23% graduate · top 5% nationally
Near North Side
IL

Frequently Asked Questions

What are today's mortgage rates in Near North Side?

As of today, the 30-year fixed mortgage rate for Near North Side is approximately 6.857% (6.902% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Near North Side?

The median home value in Near North Side is $572k. The median monthly rent is $2,323. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Near North Side?

Home values in Near North Side have increased 12.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Near North Side?

Based on a typical all-in ownership cost of $2,493/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $107k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Near North Side is $127k/year.

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What industries drive the economy in Near North Side?

The largest employment sectors in Near North Side are healthcare (33%) and arts, food, and hospitality (31%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas