Average Rent in 60618, Chicago, IL

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Current Versus Historical 60618, Chicago, IL Rents

60618 rentals average $1,600 for a studio rental to $3,950 for a 4-bedroom rental. The median price of all currently available listings is $2,000, or roughly $2 per square feet.

For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $1,602 (6,864.29%) year-over-year from $23 to $1,625. 1-bedroom rentals prices have increased by $224 (15.75%) year-over-year from $1,423 to $1,648. 2-bedroom rentals prices have increased by $151 (8.16%) year-over-year from $1,849 to $2,000. 3-bedroom rentals prices have increased by $52 (2.14%) year-over-year from $2,418 to $2,470. 4-bedroom rentals prices have increased by $258 (7.27%) year-over-year from $3,543 to $3,800. 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 up by 12.72% this month. 1-bedroom rents have gone up by 3.08% this month. 2-bedroom rents have gone down by 1.56% this month. 3-bedroom rents have gone down by 10.06% this month. 4-bedroom rents have gone up by 0.88% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$1.72	$1,625	$23 (6,864.29%)	$1,097 (48.18%)
1 BR	$2.32	$1,648	$1,423 (15.75%)	$1,209 (36.27%)
2 BR	$1.95	$2,000	$1,849 (8.16%)	$1,532 (30.58%)
3 BR	$2.05	$2,470	$2,418 (2.14%)	$1,936 (27.58%)
4+ BR	$1.82	$3,800	$3,543 (7.27%)	$3,342 (13.72%)

Historical Rents in 60618, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 60618

There are a total of 6 cities nearby 60618. The average rent in 60618 is currently $2,550 per month. 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 7.65% more affordable. Two bedrooms in 60618, Chicago, IL are about 13.67% more affordable. Finally, rent for three bedrooms are about 8.46% more affordable. Want more information? Check out the top 6 cities near 60618, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Chicago, IL	$1,375	$1,800	$2,200	$2,100
Schaumburg, IL	N/A	$2,131	$2,290	$2,250
Aurora, IL	N/A	$1,523	$2,200	$2,450
Oak Park, IL	N/A	$1,750	$2,625	$2,650
Naperville, IL	N/A	$1,850	$2,200	$2,700
Evanston, IL	$2,306	$2,250	$2,795	$2,795

Top Neighborhoods Near 60618

There are a total of 18 neighborhoods in or near 60618. Some of these neighborhoods include South Shore, Uptown, and Rogers Park. We've included all of these top 18 neighborhoods in or near 60618, Chicago, IL in the following chart.

The average rent for these 18 neighborhoods in or near 60618, Chicago, IL is currently around $2,152 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only fourteen neighborhoods have a higher average rent than $2,152. Interestingly, the neighborhoods' average rent is higher than 60618's average rent, which is only $2,000. Out of all the neighborhoods in or near 60618, South Shore has the most affordable average rent at $1,275 per month. Whereas, at $2,950 average rent per month, Near North Side 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	$1,050	$1,050	$1,230	$1,275
Uptown, Chicago, IL	$1,200	$1,573	$2,325	$1,600
Rogers Park, Chicago, IL	$1,200	$1,550	$1,895	$1,650
Edgewater, Chicago, IL	$1,295	$1,645	$2,125	$1,800
Lincoln Park, Chicago, IL	$1,788	$2,190	$3,800	$2,017
West Rogers Park, Chicago, IL	N/A	$1,625	$1,900	$2,025
Pilsen, Chicago, IL	N/A	$1,600	$1,750	$2,050
Humboldt Park, Chicago, IL	N/A	$1,750	$1,750	$2,100
Ravenswood, Chicago, IL	$1,300	$1,800	$2,200	$2,100
Bronzeville, Chicago, IL	N/A	$1,700	$2,143	$2,203
Logan Square, Chicago, IL	$1,550	$1,650	$2,200	$2,295
Lakeview, Chicago, IL	$1,500	$1,850	$2,600	$2,310
South Loop, Chicago, IL	$1,650	$2,000	$2,850	$2,660
The Loop, Chicago, IL	$1,825	$2,200	$3,000	$2,750
Near West Side, Chicago, IL	N/A	$2,400	$2,733	$2,750
DePaul, Chicago, IL	$1,950	$2,496	$2,625	$2,775
West Town, Chicago, IL	$2,235	$2,480	$2,833	$2,900
Near North Side, Chicago, IL	$1,728	$2,285	$3,713	$2,950

Top Counties Near 60618

There are a total of 18 counties located by 60618, Chicago, IL. Some of these counties include Downers Grove, IL, Chicago, IL, and Proviso, IL. The average rent for rentals in these counties is $2,400. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Thornton, IL. It's average rent per month is $1,713. Vice versa, with an average rent of $3,000, Wheatland, Naperville, IL is the most expensive county by 60618, Chicago, IL.

In comparison, rent for one bedroom listings in 60618, Chicago, IL is 3.24% more expensive than other counties nearby. Finally, rent for two bedrooms in 60618, Chicago, IL is 14.99% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Downers Grove, IL	N/A	$1,850	$2,060	$2,078
Chicago, IL	$1,375	$1,800	$2,200	$2,100
Proviso, IL	$1,195	$1,400	$1,700	$2,200
Schaumburg, IL	N/A	$2,131	$2,099	$2,201
Milton, IL	N/A	$1,928	$2,271	$2,271
Leyden, IL	N/A	$1,350	$2,400	$2,400
Maine, IL	N/A	$1,500	$2,300	$2,400
Niles, IL	N/A	$1,400	$2,300	$2,500
Oak Park, IL	N/A	$1,750	$2,625	$2,650
Evanston, IL	$2,306	$2,250	$2,795	$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 $2,000. 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 $1,900 per month. In comparison, the zipcode with the most expensive average rent of $2,300 per month is 60615, Chicago, IL.

Studios in these zipcodes have an average rent of $1,250. 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 $1,513 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,873 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	$1,250	$1,513	$1,983	$2,300
60625, Chicago, IL	$1,300	$1,543	$1,873	$2,000
60641, Chicago, IL	$1,100	$1,300	$1,750	$1,900

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 $2,000. 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 $1,600 and an average price per square feet of $1.72. There are a total of 5 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 $1,695 and an average price per square feet of $2.32. There are a total of 26 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 $1,975 and an average price per square feet of $1.95. There are a total of 79 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 68.64%, one bedroom rental prices have changed by 0.16%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by 0.02% year-over-year.

What is a reasonable rent price in 60618, Chicago, IL?

A reasonable rent price in 60618, Chicago, IL is around $1,600/month. You can search for these reasonably priced rental listings on RentHop.