Average Rent in 60615, Chicago, IL

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Current Versus Historical 60615, Chicago, IL Rents

60615 rentals average $1,250 for a studio rental to $2,995 for a 4-bedroom rental. The median price of all currently available listings is $2,095, or roughly $2 per square feet.
For the apartment units and housing in December 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $66 (-5.33%) year-over-year from $1,239 to $1,173. 1-bedroom rentals prices have decreased by $404 (-21.11%) year-over-year from $1,914 to $1,510. 2-bedroom rentals prices have decreased by $441 (-18.19%) year-over-year from $2,424 to $1,983. 3-bedroom rentals prices have decreased by $123 (-4.99%) year-over-year from $2,473 to $2,350. 4-bedroom rentals prices have increased by $314 (11.72%) year-over-year from $2,681 to $2,995. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 17.73% this month. 1-bedroom rents have gone down by 9.15% this month. 2-bedroom rents have gone down by 8.10% this month. 3-bedroom rents have gone down by 5.37% this month. 4-bedroom rents have gone up by 5.77% this month.
Beds
Price / Sqft
Dec 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.58 $1,173 $1,239 (-5.33%) $1,116 (5.09%)
1 BR $1.72 $1,510 $1,914 (-21.11%) $1,880 (-19.68%)
2 BR $1.50 $1,983 $2,424 (-18.19%) $2,116 (-6.27%)
3 BR $1.45 $2,350 $2,473 (-4.99%) $1,873 (25.44%)
4+ BR $1.43 $2,995 $2,681 (11.72%) $1,878 (59.51%)

Historical Rents in 60615, Chicago, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 60615

There are a total of 7 cities nearby 60615. The average rent in 60615 is currently $2,400 per month. Our records show that Chicago, IL, with an average rent of $2,165, is the most affordable city nearby. In contrast, the most expensive city near 60615, Chicago, IL is Evanston, IL. Monthly rents here are on average $2,730 per month.

Let's compare 60615, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 27.33% more affordable. Two bedrooms in 60615, Chicago, IL are about 24.01% more affordable. Finally, rent for three bedrooms are about 25.56% more affordable. Want more information? Check out the top 7 cities near 60615, Chicago, IL in the following chart.
City Studio 1 Bed 2 Bed All
Chicago, IL $1,395 $1,887 $2,250 $2,165
Schaumburg, IL N/A $2,186 $2,350 $2,253
Wheaton, IL N/A $1,859 $2,699 $2,271
Aurora, IL N/A $1,523 $2,300 $2,400
Naperville, IL N/A $1,490 $2,250 $2,560
Oak Park, IL N/A $1,600 $2,650 $2,650
Evanston, IL N/A $2,100 $2,700 $2,730

Top Neighborhoods Near 60615

There are a total of 16 neighborhoods in or near 60615. Some of these neighborhoods include South Shore, Uptown, and Rogers Park. We've included all of these top 16 neighborhoods in or near 60615, Chicago, IL in the following chart.

The average rent for these 16 neighborhoods in or near 60615, Chicago, IL is currently around $2,202 per month. A total of 5 neighborhoods have a lower average rent. Meaning, only eleven neighborhoods have a higher average rent than $2,202. Interestingly, the neighborhoods' average rent is higher than 60615's average rent, which is only $2,095. Out of all the neighborhoods in or near 60615, South Shore has the most affordable average rent at $1,250 per month. Whereas, at $3,100 average rent per month, The Loop is the most expensive neighborhood in or near 60615. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
South Shore, Chicago, IL $1,018 $1,175 $1,238 $1,250
Uptown, Chicago, IL $1,198 $1,650 $2,233 $1,650
Rogers Park, Chicago, IL $1,188 $1,525 $1,900 $1,650
Edgewater, Chicago, IL $1,325 $1,675 $2,195 $1,814
Humboldt Park, Chicago, IL N/A $2,150 $1,600 $1,900
Pilsen, Chicago, IL N/A $1,450 $1,595 $2,100
West Rogers Park, Chicago, IL N/A $1,725 $1,925 $2,200
Woodlawn, Chicago, IL N/A $1,700 $1,675 $2,200
Bronzeville, Chicago, IL N/A $1,900 $2,200 $2,203
Logan Square, Chicago, IL $1,600 $2,100 $2,150 $2,295
Lakeview, Chicago, IL $1,595 $1,900 $2,798 $2,439
South Loop, Chicago, IL $1,775 $2,200 $2,900 $2,700
Near West Side, Chicago, IL N/A $2,407 $2,900 $2,725
West Town, Chicago, IL $2,413 $2,600 $2,842 $2,863
Near North Side, Chicago, IL $1,785 $2,400 $3,798 $2,900
The Loop, Chicago, IL $2,000 $2,400 $3,200 $3,100

Top Counties Near 60615

There are a total of 16 counties located by 60615, Chicago, IL. Some of these counties include Chicago, IL, Downers Grove, IL, and Schaumburg, IL. The average rent for rentals in these counties is $2,450. That's roughly around $2 per sqft. The county that is the most affordable is Chicago, IL. It's average rent per month is $2,165. Vice versa, with an average rent of $2,730, Evanston, IL is the most expensive county by 60615, Chicago, IL.

In comparison, rent for one bedroom listings in 60615, Chicago, IL is 27.33% more affordable than other counties nearby. Finally, rent for two bedrooms in 60615, Chicago, IL is 21.37% more affordable than other counties nearby. We've listed the top 9 counties in the chart below.
County Studio 1 Bed 2 Bed All
Chicago, IL $1,395 $1,887 $2,250 $2,165
Downers Grove, IL N/A $1,850 $2,210 $2,208
Schaumburg, IL N/A $2,127 $2,195 $2,250
Milton, IL N/A $1,859 $2,300 $2,260
Naperville, IL N/A N/A $2,300 $2,450
Libertyville, IL N/A $1,966 $2,300 $2,500
Leyden, IL N/A $1,450 $2,550 $2,550
Oak Park, IL N/A $1,600 $2,650 $2,650
Evanston, IL N/A $2,100 $2,700 $2,730

Top Zipcodes Near 60615

There are a total of 3 zipcodes in or near 60615, Chicago, IL. The average rent for all of these zipcodes is $2,048. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60641, Chicago, IL at $2,000 per month. In comparison, the zipcode with the most expensive average rent of $2,100 per month is 60625, Chicago, IL.

Studios in these zipcodes have an average rent of $1,548. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 60615, Chicago, IL is $1,450 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,995 per month. Which comes out to $2 per sqft. The following chart includes the top 3 zipcodes in 60615, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
60618, Chicago, IL $1,695 $1,700 $1,995 $2,048
60625, Chicago, IL $1,548 $1,450 $2,050 $2,100
60641, Chicago, IL $948 $1,450 $1,750 $2,000

Frequently Asked Questions - 60615 Average Rents

What is the average rent price in 60615, Chicago, IL?
The average monthly rental price for 60615, Chicago, IL apartments for rent is approximately $2,095. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 60615, Chicago, IL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 60615, Chicago, IL.
How much is a studio apartment in 60615, Chicago, IL?
The average monthly rental price for studio apartments is $1,250 and an average price per square feet of $2.58. There are a total of 3 studio apartment listings currently available for rent in 60615.
How much is a one bedroom apartment in 60615, Chicago, IL?
The average monthly rental price for one bedroom apartments is $1,460 and an average price per square feet of $1.72. There are a total of 10 one bedroom apartment listings currently available for rent in 60615.
How much is a two bedroom apartment in 60615, Chicago, IL?
The average monthly rental price for two bedroom apartments is $1,895 and an average price per square feet of $1.50. There are a total of 17 two bedroom apartment listings currently available for rent in 60615.
How have rent prices in 60615, Chicago, IL changed this year?
Rent prices for rentals in 60615, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by -0.05%, one bedroom rental prices have changed by -0.21%, two bedroom rental prices have changed by -0.18%, and three bedroom rental prices have changed by -0.05% year-over-year.
What is a reasonable rent price in 60615, Chicago, IL?
A reasonable rent price in 60615, Chicago, IL is around $1,676/month. You can search for these reasonably priced rental listings on RentHop.
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