Northbrook renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Northbrook is about $1,033 per month. This puts it in the 82nd percentile compared to the city average cost of rent, which is $1,055. Households in Northbrook have a median income of $4,373 per month so the average renter in Northbrook is spending roughly 24% of their earnings on housing.
Nationally, and in Northbrook, home values are the data point most closely correlated with the cost of rent. The median price of a home in Northbrook is $91,581 right now, which is lower than nearby neighborhoods, meaning that rents in Northbrook also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northeastern parts of Northbrook while lower rent rates are often available in southwestern areas.
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