Average Rent in 60626, Chicago, IL

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Current Versus Historical 60626, Chicago, IL Rents

60626 rentals average $1,100 for a studio rental to $1,888 for a 3-bedroom rental. The median price of all currently available listings is $1,375, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $9 (0.91%) year-over-year from $1,003 to $1,013. 1-bedroom rentals prices have increased by $35 (2.77%) year-over-year from $1,265 to $1,300. 2-bedroom rentals prices have increased by $100 (6.06%) year-over-year from $1,650 to $1,750. 3-bedroom rentals prices have increased by $237 (9.81%) year-over-year from $2,413 to $2,650. 4-bedroom rentals prices have increased by $1,712 (61.41%) year-over-year from $2,788 to $4,500. 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 0.41% this month. 1-bedroom rents have gone down by 1.20% this month. 2-bedroom rents have gone down by 4.24% this month. 3-bedroom rents have gone up by 1.95% this month. 4-bedroom rents have gone up by 26.13% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.86 $1,013 $1,003 (0.91%) $892 (13.55%)
1 BR $2.04 $1,300 $1,265 (2.77%) $1,223 (6.34%)
2 BR $2.07 $1,750 $1,650 (6.06%) $1,467 (19.32%)
3 BR $1.82 $2,650 $2,413 (9.81%) $1,882 (40.83%)

Historical Rents in 60626, Chicago, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 60626

There are a total of 5 cities nearby 60626. The average rent in 60626 is currently $2,252 per month. Our records show that Schaumburg, IL, with an average rent of $2,125, is the most affordable city nearby. In contrast, the most expensive city near 60626, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,800 per month.

Let's compare 60626, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 49.85% more affordable. Two bedrooms in 60626, Chicago, IL are about 34.17% more affordable. Finally, rent for three bedrooms are about 51.10% more affordable. Want more information? Check out the top 5 cities near 60626, Chicago, IL in the following chart.
City Studio 1 Bed 2 Bed All
Schaumburg, IL N/A $1,995 $2,465 $2,125
Chicago, IL $1,475 $1,948 $2,450 $2,195
Wheaton, IL N/A $1,976 $2,348 $2,252
Aurora, IL N/A N/A $2,195 $2,300
Naperville, IL N/A $1,575 $2,200 $2,800

Top Neighborhoods Near 60626

There are a total of 9 neighborhoods in or near 60626. Some of these neighborhoods include Rogers Park, Edgewater, and Uptown. We've included all of these top 9 neighborhoods in or near 60626, Chicago, IL in the following chart.

The average rent for these 9 neighborhoods in or near 60626, Chicago, IL is currently around $2,225 per month. Meaning, only nine neighborhoods have a higher average rent than $2,225. Interestingly, the neighborhoods' average rent is higher than 60626's average rent, which is only $1,375. Out of all the neighborhoods in or near 60626, Rogers Park has the most affordable average rent at $1,426 per month. Whereas, at $2,859 average rent per month, South Loop is the most expensive neighborhood in or near 60626. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Rogers Park, Chicago, IL $1,100 $1,300 $1,750 $1,426
Edgewater, Chicago, IL $1,275 $1,500 $1,900 $1,575
Uptown, Chicago, IL $1,325 $1,554 $2,210 $1,582
Logan Square, Chicago, IL $1,545 $1,925 $1,950 $1,950
Lakeview, Chicago, IL $1,526 $2,050 $2,750 $2,225
Hyde Park, Chicago, IL $1,320 $1,450 $1,999 $2,499
The Loop, Chicago, IL $1,950 $2,395 $3,700 $2,800
Near North Side, Chicago, IL $1,800 $2,300 $3,700 $2,850
South Loop, Chicago, IL $1,550 $2,225 $3,050 $2,859

Top Counties Near 60626

There are a total of 9 counties located by 60626, Chicago, IL. Some of these counties include Chicago, IL, Schaumburg, IL, and Downers Grove, IL. The average rent for rentals in these counties is $2,250. That's roughly around $2 per sqft. The county that is the most affordable is Chicago, IL. It's average rent per month is $2,195. Vice versa, with an average rent of $2,700, Naperville, IL is the most expensive county by 60626, Chicago, IL.

In comparison, rent for one bedroom listings in 60626, Chicago, IL is 49.85% more affordable than other counties nearby. Finally, rent for two bedrooms in 60626, Chicago, IL is 34.17% more affordable than other counties nearby. We've listed the top 5 counties in the chart below.
County Studio 1 Bed 2 Bed All
Chicago, IL $1,475 $1,948 $2,450 $2,195
Schaumburg, IL N/A $1,995 $2,465 $2,195
Downers Grove, IL N/A $1,833 $2,250 $2,250
Milton, IL N/A $1,968 $2,348 $2,252
Naperville, IL N/A $1,650 $2,288 $2,700

Top Zipcodes Near 60626

There are a total of 15 zipcodes in or near 60626, Chicago, IL. The average rent for all of these zipcodes is $2,257.

The following chart includes the top 10 zipcodes in 60626, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
60657, Chicago, IL $1,507 $2,050 $2,779 $2,150
60647, Chicago, IL $1,545 $1,950 $1,950 $2,098
60613, Chicago, IL $1,438 $1,848 $2,645 $2,295
60640, Chicago, IL $1,375 $1,589 $2,395 $1,595
60614, Chicago, IL $1,648 $2,350 $3,350 $2,423
60610, Chicago, IL $1,635 $2,200 $3,550 $2,700
60618, Chicago, IL N/A $1,550 $1,975 $2,000
60622, Chicago, IL N/A $2,000 $2,425 $2,750
60611, Chicago, IL $1,850 $2,325 $3,800 $2,825
60189, Wheaton, IL N/A $1,983 $2,349 $2,257

Frequently Asked Questions - 60626 Average Rents

What is the average rent price in 60626, Chicago, IL?
The average monthly rental price for 60626, Chicago, IL apartments for rent is approximately $1,375. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 60626, 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 60626, Chicago, IL.
How much is a studio apartment in 60626, Chicago, IL?
The average monthly rental price for studio apartments is $1,100 and an average price per square feet of $2.86. There are a total of 17 studio apartment listings currently available for rent in 60626.
How much is a one bedroom apartment in 60626, Chicago, IL?
The average monthly rental price for one bedroom apartments is $1,300 and an average price per square feet of $2.04. There are a total of 39 one bedroom apartment listings currently available for rent in 60626.
How much is a two bedroom apartment in 60626, Chicago, IL?
The average monthly rental price for two bedroom apartments is $1,750 and an average price per square feet of $2.07. There are a total of 36 two bedroom apartment listings currently available for rent in 60626.
How have rent prices in 60626, Chicago, IL changed this year?
Rent prices for rentals in 60626, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.01%, one bedroom rental prices have changed by 0.03%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by 0.10% year-over-year.
What is a reasonable rent price in 60626, Chicago, IL?
A reasonable rent price in 60626, Chicago, IL is around $1,100/month. You can search for these reasonably priced rental listings on RentHop.
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