Average Rent in 60641, Chicago, IL

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Current Versus Historical 60641, Chicago, IL Rents

60641 rentals average $948 for a studio rental to $3,500 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 decreased by $18 (-1.81%) year-over-year from $965 to $948. 1-bedroom rentals prices have increased by $242 (20.44%) year-over-year from $1,183 to $1,425. 2-bedroom rentals prices have increased by $123 (7.64%) year-over-year from $1,603 to $1,725. 3-bedroom rentals prices have increased by $363 (18.76%) year-over-year from $1,933 to $2,296. 4-bedroom rentals prices have increased by $1,317 (48.17%) year-over-year from $2,733 to $4,050. 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 8.23% this month. 1-bedroom rents have gone up by 6.21% this month. 2-bedroom rents have gone down by 0.96% this month. 3-bedroom rents have gone down by 16.97% this month. 4-bedroom rents have gone down by 3.76% this month.

Beds	Price / Sqft	Dec 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.21	$948	$965 (-1.81%)	$874 (8.39%)
1 BR	$1.93	$1,425	$1,183 (20.44%)	$1,050 (35.71%)
2 BR	$1.72	$1,725	$1,603 (7.64%)	$1,301 (32.62%)
3 BR	$1.91	$2,296	$1,933 (18.76%)	$1,642 (39.86%)
4+ BR	$2.00	$4,050	$2,733 (48.17%)	$2,442 (65.87%)

Historical Rents in 60641, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 60641

There are a total of 7 cities nearby 60641. The average rent in 60641 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 60641, Chicago, IL is Evanston, IL. Monthly rents here are on average $2,730 per month.

Let's compare 60641, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 28.21% more affordable. Two bedrooms in 60641, Chicago, IL are about 34.29% more affordable. Finally, rent for three bedrooms are about 15.31% more affordable. Want more information? Check out the top 7 cities near 60641, 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 60641

There are a total of 16 neighborhoods in or near 60641. Some of these neighborhoods include South Shore, Uptown, and Rogers Park. We've included all of these top 16 neighborhoods in or near 60641, Chicago, IL in the following chart.

The average rent for these 16 neighborhoods in or near 60641, 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 60641's average rent, which is only $2,000. Out of all the neighborhoods in or near 60641, 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 60641. 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 60641

There are a total of 16 counties located by 60641, 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 60641, Chicago, IL.

In comparison, rent for one bedroom listings in 60641, Chicago, IL is 28.21% more affordable than other counties nearby. Finally, rent for two bedrooms in 60641, Chicago, IL is 31.43% 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 60641

There are a total of 3 zipcodes in or near 60641, Chicago, IL. The average rent for all of these zipcodes is $2,098.

The following chart includes the top 3 zipcodes in 60641, 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	$2,000
60615, Chicago, IL	$1,250	$1,460	$1,910	$2,098
60625, Chicago, IL	$1,548	$1,338	$2,050	$2,125

Frequently Asked Questions - 60641 Average Rents

What is the average rent price in 60641, Chicago, IL?

The average monthly rental price for 60641, 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 60641, 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 60641, Chicago, IL.

How much is a studio apartment in 60641, Chicago, IL?

The average monthly rental price for studio apartments is $948 and an average price per square feet of $2.21. There are a total of 2 studio apartment listings currently available for rent in 60641.

How much is a one bedroom apartment in 60641, Chicago, IL?

The average monthly rental price for one bedroom apartments is $1,450 and an average price per square feet of $1.93. There are a total of 6 one bedroom apartment listings currently available for rent in 60641.

How much is a two bedroom apartment in 60641, Chicago, IL?

The average monthly rental price for two bedroom apartments is $1,750 and an average price per square feet of $1.72. There are a total of 18 two bedroom apartment listings currently available for rent in 60641.

How have rent prices in 60641, Chicago, IL changed this year?

Rent prices for rentals in 60641, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by -0.02%, one bedroom rental prices have changed by 0.20%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by 0.19% year-over-year.

What is a reasonable rent price in 60641, Chicago, IL?

A reasonable rent price in 60641, Chicago, IL is around $1,600/month. You can search for these reasonably priced rental listings on RentHop.