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Studio Apartment for Rent in Northbrook, IL

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    Starting at $1,789 Per Month

    • Studio - 2 Beds

    2550 Waterview Dr, Northbrook, IL 60062

    Experience timeless hospitality combined with contemporary design and style at Arrive Glenview. Located on the northside of Chicago in the beautiful suburb of Glenview, IL, our North Shore apartments seamlessly combine the energy of the city with the calmness and convenience of the suburbs. Featuring a delicate blend of design and function, Arrive Glenview features a variety of studio, one-, and

    Arrive Glenview

    (224) 328-2804

    2550 Waterview Dr, Northbrook, IL 60062

Why Live in Northbrook

Northbrook, Illinois, located in the upper region of the Chicagoland suburbs, offers a suburban lifestyle with North Shore refinement. The community is known for its well-regarded schools, including Northbrook Elementary School District No. 27, Northbrook School District No. 28, Northbrook-Glenview School District No. 30, and Glenbrook North High School, all of which have high ratings. Housing options range from 20th-century single-family homes to more recent townhouses, with a median home value significantly higher than national and state averages. Northbrook features 23 parks, including Village Green Park, Techny Prairie Park and Fields, and the nine-hole Anetsberger Golf Course. The Park District also operates Heritage Oaks Golf Club, while Willow Hill Golf Course offers additional golfing opportunities. Downtown Northbrook is home to a mix of local restaurants and chain dining options, with major retailers located along Willow Road. Annual events such as the Northbrook Grand Prix and Brewfest, along with performances at the Northbrook Theatre, provide plenty of things to do. The village is well-connected via Interstates 94 and 294, with a Metra station and Pace buses offering public transportation options. Northbrook experiences typical Midwestern weather, with mild summers and cold winters. Crime rates in Northbrook are consistently lower than national and state averages, contributing to a safer environment for residents.

Frequently Asked Questions

How much does it cost to rent a home in Northbrook, IL?
The median rent for a home in Northbrook, IL is $2,985 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Northbrook, IL?
To comfortably afford the median rent in Northbrook, IL, a household needs to earn roughly $119,400 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,985 per month in Northbrook, IL, renters typically need to show $8,955 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Northbrook, IL?
In Northbrook, IL, the price-to-rent ratio is 18.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Northbrook, IL are best for renting a home?
The best neighborhood for renting in Northbrook, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Southeast Evanston, Lincoln Square, Lakeview East, East Highland Park and Downtown Evanston, each with its own character and price range.

Rental Home Trends in Northbrook, IL

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,985
Median Single Family Home Rent
$4,095
Median Townhouse Rent
$4,000
Median Condo Rent
$2,300
How to Rent a Home