Average Rent in 60618, Chicago, IL

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Current Versus Historical 60618, Chicago, IL Rents

60618 rentals average $1,265 for a studio rental to $4,287 for a 4-bedroom rental. The median price of all currently available listings is $2,263, or roughly $2 per square feet.
For the apartment units and housing in March 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $248 (24.43%) year-over-year from $1,017 to $1,265. 1-bedroom rentals prices have increased by $61 (4.15%) year-over-year from $1,464 to $1,525. 2-bedroom rentals prices have increased by $136 (6.92%) year-over-year from $1,964 to $2,100. 3-bedroom rentals prices have increased by $403 (14.92%) year-over-year from $2,698 to $3,100. 4-bedroom rentals prices have decreased by $396 (-8.45%) year-over-year from $4,683 to $4,287. 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 4.83% this month. 1-bedroom rents have gone down by 0.54% this month. 2-bedroom rents have gone down by 1.37% this month. 3-bedroom rents have gone up by 5.68% this month. 4-bedroom rents have gone up by 17.06% this month.
Beds
Price / Sqft
Mar 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.41 $1,265 $1,017 (24.43%) $1,111 (13.88%)
1 BR $2.17 $1,525 $1,464 (4.15%) $1,278 (19.30%)
2 BR $2.12 $2,100 $1,964 (6.92%) $1,645 (27.66%)
3 BR $2.19 $3,100 $2,698 (14.92%) $2,082 (48.92%)
4+ BR $1.82 $4,287 $4,683 (-8.45%) $3,350 (27.97%)

Historical Rents in 60618, Chicago, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 60618

There are a total of 5 cities nearby 60618. The average rent in 60618 is currently $2,500 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Chicago, IL, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near 60618, Chicago, IL is Evanston, IL. Monthly rents here are on average $2,795 per month.

Let's compare 60618, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 13.85% more affordable. Two bedrooms in 60618, Chicago, IL are about 9.48% more affordable. Finally, rent for three bedrooms are about 4.96% more expensive. Want more information? Check out the top 5 cities near 60618, Chicago, IL in the following chart.
City Studio 1 Bed 2 Bed All
Chicago, IL $1,350 $1,850 $2,200 $2,100
Schaumburg, IL N/A $2,099 $2,375 $2,200
Naperville, IL N/A $1,742 $2,299 $2,500
Aurora, IL N/A $1,400 $2,212 $2,548
Evanston, IL $1,450 $2,223 $2,798 $2,795

Top Neighborhoods Near 60618

There are a total of 13 neighborhoods in or near 60618. Some of these neighborhoods include South Shore, Uptown, and Edgewater. We've included all of these top 13 neighborhoods in or near 60618, Chicago, IL in the following chart.

The average rent for these 13 neighborhoods in or near 60618, Chicago, IL is currently around $2,195 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only six neighborhoods have a higher average rent than $2,195. Out of all the neighborhoods in or near 60618, South Shore has the most affordable average rent at $1,450 per month. Whereas, at $3,050 average rent per month, The Loop is the most expensive neighborhood in or near 60618. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
South Shore, Chicago, IL $923 $1,175 $1,450 $1,450
Uptown, Chicago, IL $1,195 $1,688 $2,200 $1,650
Edgewater, Chicago, IL $1,300 $1,650 $2,150 $1,685
Rogers Park, Chicago, IL $1,186 $1,524 $1,875 $1,700
Humboldt Park, Chicago, IL N/A $2,000 $1,700 $2,075
West Rogers Park, Chicago, IL N/A $1,523 $2,050 $2,097
Logan Square, Chicago, IL $1,250 $1,985 $2,250 $2,195
Bronzeville, Chicago, IL $1,125 $1,395 $2,100 $2,395
Hyde Park, Chicago, IL $1,290 $1,650 $2,175 $2,395
Lakeview, Chicago, IL $1,430 $2,048 $2,745 $2,398
South Loop, Chicago, IL $1,780 $2,150 $2,900 $2,717
Near North Side, Chicago, IL $1,788 $2,363 $4,075 $2,800
The Loop, Chicago, IL $1,910 $2,350 $3,525 $3,050

Top Counties Near 60618

There are a total of 13 counties located by 60618, Chicago, IL. Some of these counties include Milton, IL, Chicago, IL, and Downers Grove, IL. The average rent for rentals in these counties is $2,200. That's roughly around $2 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Milton, IL. It's average rent per month is $1,975. Vice versa, with an average rent of $2,795, Evanston, IL is the most expensive county by 60618, Chicago, IL.

In comparison, rent for one bedroom listings in 60618, Chicago, IL is 13.85% more affordable than other counties nearby. Finally, rent for two bedrooms in 60618, Chicago, IL is 7.14% more affordable than other counties nearby. We've listed the top 7 counties in the chart below.
County Studio 1 Bed 2 Bed All
Milton, IL N/A $1,899 $2,419 $1,975
Chicago, IL $1,350 $1,850 $2,200 $2,100
Downers Grove, IL N/A $1,749 $2,199 $2,149
Schaumburg, IL N/A $2,064 $2,250 $2,200
Naperville, IL N/A $1,739 $2,237 $2,400
Leyden, IL $1,245 $1,375 $2,750 $2,650
Evanston, IL $1,450 $2,223 $2,798 $2,795

Top Zipcodes Near 60618

There are a total of 3 zipcodes in or near 60618, Chicago, IL. The average rent for all of these zipcodes is $1,900. A total of 3 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 $1,643 per month. In comparison, the zipcode with the most expensive average rent of $2,188 per month is 60615, Chicago, IL.

Studios in these zipcodes have an average rent of $1,275. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 60618, Chicago, IL is $1,650 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,088 per month. Which comes out to $2 per sqft. The following chart includes the top 3 zipcodes in 60618, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
60615, Chicago, IL $1,275 $1,650 $2,088 $2,188
60625, Chicago, IL $1,195 $1,700 $2,207 $1,900
60641, Chicago, IL $1,300 $1,375 $1,663 $1,643

Frequently Asked Questions - 60618 Average Rents

What is the average rent price in 60618, Chicago, IL?
The average monthly rental price for 60618, Chicago, IL apartments for rent is approximately $2,263. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 60618, 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 60618, Chicago, IL.
How much is a studio apartment in 60618, Chicago, IL?
The average monthly rental price for studio apartments is $1,265 and an average price per square feet of $3.41. There are a total of 3 studio apartment listings currently available for rent in 60618.
How much is a one bedroom apartment in 60618, Chicago, IL?
The average monthly rental price for one bedroom apartments is $1,625 and an average price per square feet of $2.17. There are a total of 13 one bedroom apartment listings currently available for rent in 60618.
How much is a two bedroom apartment in 60618, Chicago, IL?
The average monthly rental price for two bedroom apartments is $2,100 and an average price per square feet of $2.12. There are a total of 39 two bedroom apartment listings currently available for rent in 60618.
How have rent prices in 60618, Chicago, IL changed this year?
Rent prices for rentals in 60618, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.24%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.07%, and three bedroom rental prices have changed by 0.15% year-over-year.
What is a reasonable rent price in 60618, Chicago, IL?
A reasonable rent price in 60618, Chicago, IL is around $1,810/month. You can search for these reasonably priced rental listings on RentHop.
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