Average Rent in 60618, Chicago, IL

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Current Versus Historical 60618, Chicago, IL Rents

60618 rentals average $1,695 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 December 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $1,579 (7,641.94%) year-over-year from $21 to $1,600. 1-bedroom rentals prices have increased by $160 (11.51%) year-over-year from $1,390 to $1,550. 2-bedroom rentals prices have increased by $114 (6.07%) year-over-year from $1,881 to $1,995. 3-bedroom rentals prices have increased by $205 (8.65%) year-over-year from $2,370 to $2,575. 4-bedroom rentals prices have increased by $122 (3.71%) year-over-year from $3,276 to $3,398. 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 1.99% this month. 1-bedroom rents have gone down by 2.00% this month. 2-bedroom rents have gone up by 0.88% this month. 3-bedroom rents have gone down by 0.23% this month. 4-bedroom rents have gone down by 11.35% this month.

Beds	Price / Sqft	Dec 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.39	$1,600	$21 (7,641.94%)	$1,047 (52.87%)
1 BR	$2.29	$1,550	$1,390 (11.51%)	$1,213 (27.75%)
2 BR	$2.06	$1,995	$1,881 (6.07%)	$1,513 (31.90%)
3 BR	$2.09	$2,575	$2,370 (8.65%)	$1,867 (37.95%)
4+ BR	$2.28	$3,398	$3,276 (3.71%)	$3,683 (-7.76%)

Historical Rents in 60618, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 60618

There are a total of 7 cities nearby 60618. The average rent in 60618 is currently $2,400 per month. Our records show that Chicago, IL, with an average rent of $2,175, 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 $2,730 per month.

Let's compare 60618, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 9.35% more affordable. Two bedrooms in 60618, Chicago, IL are about 17.79% more affordable. Finally, rent for three bedrooms are about 13.00% more affordable. Want more information? Check out the top 7 cities near 60618, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Chicago, IL	$1,395	$1,895	$2,250	$2,175
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	$2,275	$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 60618

There are a total of 16 neighborhoods in or near 60618. Some of these neighborhoods include South Shore, Uptown, and Rogers Park. We've included all of these top 16 neighborhoods in or near 60618, Chicago, IL in the following chart.

The average rent for these 16 neighborhoods in or near 60618, Chicago, IL is currently around $2,213 per month. A total of 5 neighborhoods have a lower average rent. Meaning, only eleven neighborhoods have a higher average rent than $2,213. 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 $1,250 per month. Whereas, at $3,100 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	$1,018	$1,175	$1,238	$1,250
Uptown, Chicago, IL	$1,198	$1,650	$2,233	$1,650
Rogers Park, Chicago, IL	$1,200	$1,525	$1,900	$1,650
Edgewater, Chicago, IL	$1,325	$1,675	$2,198	$1,800
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	$1,675	$1,925	$2,200
Woodlawn, Chicago, IL	N/A	$1,700	$1,675	$2,200
Bronzeville, Chicago, IL	N/A	$1,900	$2,200	$2,227
Logan Square, Chicago, IL	$1,600	$2,100	$2,150	$2,295
Lakeview, Chicago, IL	$1,594	$1,900	$2,798	$2,450
South Loop, Chicago, IL	$1,775	$2,200	$2,900	$2,700
Near West Side, Chicago, IL	N/A	$2,423	$2,900	$2,750
West Town, Chicago, IL	$2,413	$2,600	$2,842	$2,863
Near North Side, Chicago, IL	$1,785	$2,400	$3,795	$2,900
The Loop, Chicago, IL	$2,000	$2,300	$3,200	$3,100

Top Counties Near 60618

There are a total of 16 counties located by 60618, 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 $2,175. Vice versa, with an average rent of $2,730, Evanston, IL is the most expensive county by 60618, Chicago, IL.

In comparison, rent for one bedroom listings in 60618, Chicago, IL is 9.35% more affordable than other counties nearby. Finally, rent for two bedrooms in 60618, Chicago, IL is 15.29% 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	$1,895	$2,250	$2,175
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 60618

There are a total of 3 zipcodes in or near 60618, Chicago, IL. The average rent for all of these zipcodes is $2,098.

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	$1,460	$1,910	$2,098
60625, Chicago, IL	$1,548	$1,338	$2,050	$2,125
60641, Chicago, IL	$948	$1,450	$1,750	$2,000

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 $1,695 and an average price per square feet of $2.39. There are a total of 7 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 $1,700 and an average price per square feet of $2.29. There are a total of 21 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 $1,995 and an average price per square feet of $2.06. There are a total of 60 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 76.42%, one bedroom rental prices have changed by 0.12%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by 0.09% 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.