Average Rent in 60618, Chicago, IL

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Current Versus Historical 60618, Chicago, IL Rents

60618 rentals average $1,795 for a studio rental to $3,300 for a 4-bedroom rental. The median price of all currently available listings is $2,400, or roughly $2 per square feet.

For the apartment units and housing in January 2025, median rents have risen substantially over the last year. Studio rentals prices have increased by $1,479 (467.44%) year-over-year from $316 to $1,795. 1-bedroom rentals prices have increased by $244 (17.46%) year-over-year from $1,398 to $1,643. 2-bedroom rentals prices have increased by $37 (1.87%) year-over-year from $1,963 to $2,000. 3-bedroom rentals prices have increased by $472 (18.99%) year-over-year from $2,487 to $2,959. 4-bedroom rentals prices have decreased by $808 (-18.55%) year-over-year from $4,358 to $3,550. 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 12.36% this month. 1-bedroom rents have gone up by 2.98% this month. 2-bedroom rents have gone up by 1.69% this month. 3-bedroom rents have gone up by 10.22% this month. 4-bedroom rents have gone down by 0.91% this month.

Beds	Price / Sqft	Jan 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$1.71	$1,795	$316 (467.44%)	$1,093 (64.18%)
1 BR	$2.09	$1,643	$1,398 (17.46%)	$1,230 (33.54%)
2 BR	$2.16	$2,000	$1,963 (1.87%)	$1,546 (29.38%)
3 BR	$2.11	$2,959	$2,487 (18.99%)	$1,915 (54.52%)
4+ BR	$1.65	$3,550	$4,358 (-18.55%)	$3,583 (-0.93%)

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 $2,435 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 $2,150, is the most affordable city nearby. In contrast, the most expensive city near 60618, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,925 per month.

Let's compare 60618, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 7.27% more expensive. Two bedrooms in 60618, Chicago, IL are about 5.95% more affordable. Finally, rent for three bedrooms are about 10.19% more affordable. 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	$1,360	$1,850	$2,200	$2,150
Schaumburg, IL	N/A	$2,056	$2,400	$2,250
Aurora, IL	N/A	$1,475	$2,148	$2,435
Evanston, IL	N/A	$2,100	$2,897	$2,760
Naperville, IL	N/A	N/A	$2,225	$2,925

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 $2,273 per month. A total of 11 neighborhoods have a lower average rent. Meaning, only five neighborhoods have a higher average rent than $2,273. Out of all the neighborhoods in or near 60618, South Shore has the most affordable average rent at $1,463 per month. Whereas, at $3,275 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	$895	$1,200	$1,450	$1,463
Uptown, Chicago, IL	$1,195	$1,625	$2,455	$1,650
Rogers Park, Chicago, IL	$1,200	$1,544	$1,850	$1,650
Edgewater, Chicago, IL	$1,320	$1,650	$2,200	$1,750
Pilsen, Chicago, IL	N/A	$1,600	$1,645	$1,950
West Rogers Park, Chicago, IL	N/A	$1,573	$1,950	$2,025
Humboldt Park, Chicago, IL	N/A	N/A	$1,650	$2,083
Bronzeville, Chicago, IL	$1,258	$1,723	$2,065	$2,245
Hyde Park, Chicago, IL	$1,150	$1,475	$1,895	$2,300
Lakeview, Chicago, IL	$1,500	$1,995	$2,675	$2,395
Logan Square, Chicago, IL	$1,600	$2,389	$2,350	$2,400
South Loop, Chicago, IL	$1,750	$2,200	$2,800	$2,530
West Town, Chicago, IL	$2,360	$2,339	$2,550	$2,900
Near North Side, Chicago, IL	$1,800	$2,450	$3,800	$2,995
Near West Side, Chicago, IL	N/A	$2,595	$3,250	$3,198
The Loop, Chicago, IL	$1,975	$2,500	$3,425	$3,275

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 $2,375. 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 Chicago, IL. It's average rent per month is $2,150. Vice versa, with an average rent of $2,760, Evanston, IL is the most expensive county by 60618, Chicago, IL.

In comparison, rent for one bedroom listings in 60618, Chicago, IL is 7.29% more expensive than other counties nearby. Finally, rent for two bedrooms in 60618, Chicago, IL is 7.74% more affordable than other counties nearby. We've listed the top 8 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Chicago, IL	$1,360	$1,850	$2,200	$2,150
Downers Grove, IL	N/A	$1,849	$2,199	$2,199
Schaumburg, IL	N/A	$2,128	$2,250	$2,203
Milton, IL	N/A	$1,800	$2,249	$2,249
Libertyville, IL	N/A	$2,160	$2,400	$2,501
Naperville, IL	N/A	N/A	$2,275	$2,600
Leyden, IL	N/A	$1,300	$2,650	$2,650
Evanston, IL	N/A	$2,100	$2,897	$2,760

Top Zipcodes Near 60618

There is one zipcode in or near 60618, Chicago, IL. The average rent for this zipcode is $2,000.

The following chart includes the zipcode in or near 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	$1,178	$1,800	$1,838	$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 $2,400. 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 $1,795 and an average price per square feet of $1.71. There are a total of 6 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 $1,995 and an average price per square feet of $2.09. There are a total of 7 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 $2.16. 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 4.67%, one bedroom rental prices have changed by 0.17%, two bedroom rental prices have changed by 0.02%, and three bedroom rental prices have changed by 0.19% year-over-year.

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

A reasonable rent price in 60618, Chicago, IL is around $1,920/month. You can search for these reasonably priced rental listings on RentHop.