Average Rent in 60641, Chicago, IL

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Current Versus Historical 60641, Chicago, IL Rents

60641 rentals average $1,300 for a studio rental to $3,075 for a 4-bedroom rental. The median price of all currently available listings is $1,643, or roughly $2 per square feet.
For the apartment units and housing in March 2025, median rents have risen over the last year. Studio rentals prices have increased by $174 (15.79%) year-over-year from $1,101 to $1,275. 1-bedroom rentals prices have increased by $77 (5.97%) year-over-year from $1,283 to $1,360. 2-bedroom rentals prices have increased by $75 (4.69%) year-over-year from $1,600 to $1,675. 3-bedroom rentals prices have decreased by $97 (-4.21%) year-over-year from $2,297 to $2,200. 4-bedroom rentals prices have increased by $550 (21.78%) year-over-year from $2,525 to $3,075. 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 7.75% this month. 1-bedroom rents have gone up by 0.80% this month. 2-bedroom rents have gone down by 8.22% this month. 3-bedroom rents have gone down by 14.23% this month. 4-bedroom rents have gone down by 6.35% this month.
Beds
Price / Sqft
Mar 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.96 $1,275 $1,101 (15.79%) $901 (41.54%)
1 BR $1.83 $1,360 $1,283 (5.97%) $1,150 (18.26%)
2 BR $1.88 $1,675 $1,600 (4.69%) $1,383 (21.16%)
3 BR $1.69 $2,200 $2,297 (-4.21%) $1,724 (27.60%)
4+ BR $1.86 $3,075 $2,525 (21.78%) $3,072 (0.09%)

Historical Rents in 60641, Chicago, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 60641

There are a total of 5 cities nearby 60641. The average rent in 60641 is currently $2,500 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 60641, Chicago, IL is Evanston, IL. Monthly rents here are on average $2,795 per month.

Let's compare 60641, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 34.55% more affordable. Two bedrooms in 60641, Chicago, IL are about 38.29% more affordable. Finally, rent for three bedrooms are about 30.57% more affordable. Want more information? Check out the top 5 cities near 60641, 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 60641

There are a total of 13 neighborhoods in or near 60641. Some of these neighborhoods include South Shore, Uptown, and Edgewater. We've included all of these top 13 neighborhoods in or near 60641, Chicago, IL in the following chart.

The average rent for these 13 neighborhoods in or near 60641, Chicago, IL is currently around $2,195 per month. A total of one neighborhood has a lower average rent. Meaning, only twelve neighborhoods have a higher average rent than $2,195. Interestingly, the neighborhoods' average rent is higher than 60641's average rent, which is only $1,643. Out of all the neighborhoods in or near 60641, 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 60641. 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 60641

There are a total of 13 counties located by 60641, 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. 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 60641, Chicago, IL.

In comparison, rent for one bedroom listings in 60641, Chicago, IL is 34.55% more affordable than other counties nearby. Finally, rent for two bedrooms in 60641, Chicago, IL is 35.34% 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 60641

There are a total of 3 zipcodes in or near 60641, Chicago, IL. The average rent for all of these zipcodes is $2,188.

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 $1,265 $1,625 $2,100 $2,263
60615, Chicago, IL $1,275 $1,650 $2,088 $2,188
60625, Chicago, IL $1,195 $1,700 $2,207 $1,900

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 $1,643. 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 $1,300 and an average price per square feet of $1.96. There are a total of 5 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 $1,375 and an average price per square feet of $1.83. There are a total of 12 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 $1,663 and an average price per square feet of $1.88. There are a total of 24 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 0.16%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by -0.04% year-over-year.
What is a reasonable rent price in 60641, Chicago, IL?
A reasonable rent price in 60641, Chicago, IL is around $1,314/month. You can search for these reasonably priced rental listings on RentHop.
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