Cost of living in River North and Streeterville, Chicago (2026)

Key takeaway: A one-bedroom in River North rents for about $2,800 to $3,130 a month in fall 2026 and in Streeterville about $2,920 to $3,510, with Trader Joe’s, Whole Foods, Eataly and Target all within walking distance.

River North and Streeterville make up most of the Near North Side, from the river up to Chicago Avenue and beyond, with the Magnificent Mile between them. This is full-service high-rise territory: doormen, gyms and garages, and rents to match. Here’s exactly what it costs.

River North rent by apartment size

UnitZumper (avg., Oct 2026)RentHop (avg., Oct 2026)RentCafe (avg., Oct 2026)
Studio$2,295$2,463$2,567
1 bedroom$2,800$3,025$3,130
2 bedrooms$4,200$4,297$4,652
3 bedrooms$6,234$6,917n/a

Source: Zumper River North rent research, updated October 21, 2026; RentHop River North; RentCafe River North, as of October 6, 2026.

Streeterville rent by apartment size

UnitRentHop (median, Oct 2026)RentCafe (avg., Sep 2026)
Studio$2,928$2,182
1 bedroom$3,509$2,917
2 bedrooms$5,575$4,642
3 bedrooms$7,990$7,068

Source: RentHop Streeterville; RentCafe Streeterville, as of September 30, 2026. The two sources are far apart here because they sample different buildings; newer luxury towers pull the top of the range up. Sources differ because they track different listings; see why rent reports disagree.

Getting around

  • L: Red Line at Grand, Chicago and Clark/Division; Brown and Purple lines at Merchandise Mart, Chicago and Sedgwick; Blue Line at Grand. From the City of Chicago’s list of L stops.
  • Buses: #22 Clark and #66 Chicago (both run overnight), #146 Inner Lake Shore/Michigan Express, #151 Sheridan and #157 Streeterville/Taylor.
  • Metra: no station in the area; Ogilvie and Union Station in the West Loop are a short bus or L ride away. See Metra fares.

A 30-day CTA pass is $75 (CTA).

Groceries nearby

StoreAddress
Jewel-Osco Ohio and State550 N. State St.
Trader Joe’s River North44 E. Ontario St.
Eataly Chicago43 E. Ohio St.
Whole Foods Streeterville255 E. Grand Ave.
Target Streeterville401 E. Illinois St.
ALDI201 W. Division St.
Jewel-Osco Division102 W. Division St.

Source: each store’s own location page or locator, checked October 25, 2026. See our Chicago grocery guide. Chicago grocery guide. ALDI on Division and Eataly a few blocks apart give you both ends of the price range.

Parking

Most residents who keep a car here rent a garage space. Monthly prices vary a lot by building: SpotAngels listed 33 W. Ontario at $112 a month in October 2026 (SpotAngels), and the NBC Tower North lot in Streeterville at $290 and up for 24/7 parking (SpotAngels). Chicago adds a 41.25% parking tax on monthly parking; see our Chicago parking guide. Ask your building what its own garage charges before you sign.

Property taxes and home prices

The Near North Side is in North Chicago Township (North Chicago Township). The Assessor’s 2024 report put Near North Side median sale prices at $323,000 for a condo and $1,199,000 for a single-family home (Cook County Assessor, 2024 Chicago report), so a condo here can cost less than a house in many neighborhoods farther out. Total residential property taxes in the Near North Side fell 1.8% for tax year 2024 (Cook County Treasurer, tax year 2024 report). Citywide, the median Chicago homeowner bill for tax year 2025, mailed in August 2026, was $4,597, up 3.2% (Cook County Treasurer).

Condo owners also pay monthly association fees that vary by building, so ask for the current assessment and the last two years of budgets before you buy. Properties along North Michigan Avenue are in SSA 76, created in 2024 (City Council ordinance). For how bills are set and how to appeal, see our property tax guide.

A sample monthly budget

SetupRentCTA passIncome needed at 30% rent
Your own one-bedroom in River North$2,800$75$112,000
Your own one-bedroom in Streeterville$2,917$75$116,680
Half of a two-bedroom in River North$2,100$75$84,000
Your own two-bedroom in River North$4,200$75$168,000

Source: our calculation from Zumper’s River North averages and RentCafe’s Streeterville average. Income needed is monthly rent times 12, divided by 0.30. See how much you need to make to live in Chicago for the rest of the budget, and Chicago move-in costs for what you’ll pay up front.

Compare every neighborhood side by side in our Chicago neighborhood cost comparison, or work out your own number with our salary calculator. More neighborhood cost profiles: Albany Park, Avondale, Beverly, Bridgeport, Bronzeville, Chatham, Chinatown, East and West Garfield Park, Edgewater and Andersonville, Gold Coast and Old Town, Humboldt Park, Hyde Park, Irving Park, Jefferson Park, Lakeview, Lincoln Park, Lincoln Square, Little Village, Logan Square, McKinley Park, North Center, Pilsen, Portage Park, Rogers Park, South Loop, Uptown, West Loop, West Ridge and Wicker Park and Ukrainian Village.

Sources

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