Average Rent in 60605, Chicago, IL

Current Versus Historical 60605, Chicago, IL Rents

60605 rentals average $2,298 for a 1-bedroom rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $2,755, or roughly $2 per square feet.

For the apartment units and housing in May 2024, median rents have risen over the last year. Studio rentals prices have increased by $137 (7.83%) year-over-year from $1,746 to $1,883. 1-bedroom rentals prices have increased by $191 (9.07%) year-over-year from $2,109 to $2,300. 2-bedroom rentals prices have increased by $303 (9.68%) year-over-year from $3,134 to $3,437. 3-bedroom rentals prices have decreased by $298 (-5.46%) year-over-year from $5,457 to $5,159. 4-bedroom rentals prices have decreased by $1,566 (-14.24%) year-over-year from $10,997 to $9,431. 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 3.24% this month. 1-bedroom rents have gone up by 5.91% this month. 2-bedroom rents have gone up by 6.63% this month. 3-bedroom rents have gone up by 8.64% this month. 4-bedroom rents have gone up by 11.91% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$2.41	$2,300	$2,109 (9.07%)	$1,885 (22.02%)
2 BR	$2.57	$3,437	$3,134 (9.68%)	$2,630 (30.67%)
3 BR	$3.26	$5,159	$5,457 (-5.46%)	$4,450 (15.93%)

Historical Rents in 60605, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 60605

There are a total of 6 cities nearby 60605. The average rent in 60605 is currently $2,225 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Willowbrook, IL, with an average rent of $2,080, is the most affordable city nearby. In contrast, the most expensive city near 60605, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,800 per month.

Let's compare 60605, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 18.98% more expensive. Two bedrooms in 60605, Chicago, IL are about 27.78% more expensive. Finally, rent for three bedrooms are about 40.34% more expensive. Want more information? Check out the top 6 cities near 60605, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Willowbrook, IL	N/A	$1,828	$2,218	$2,080
Schaumburg, IL	N/A	$1,995	$2,464	$2,150
Chicago, IL	$1,383	$1,895	$2,495	$2,200
Wheaton, IL	N/A	$1,960	$2,275	$2,250
Aurora, IL	N/A	$1,348	$2,100	$2,285
Naperville, IL	N/A	$1,488	$2,275	$2,800

Top Neighborhoods Near 60605

There are a total of 8 neighborhoods in or near 60605. Some of these neighborhoods include Rogers Park, Uptown, and Logan Square. We've included all of these top 8 neighborhoods in or near 60605, Chicago, IL in the following chart.

The average rent for these 8 neighborhoods in or near 60605, Chicago, IL is currently around $2,198 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $2,198. Out of all the neighborhoods in or near 60605, Rogers Park has the most affordable average rent at $1,535 per month. Whereas, at $3,111 average rent per month, Near North Side is the most expensive neighborhood in or near 60605. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Rogers Park, Chicago, IL	$1,100	$1,300	$1,750	$1,535
Uptown, Chicago, IL	$1,325	$1,695	$2,600	$1,695
Logan Square, Chicago, IL	$1,150	$1,800	$2,000	$2,000
Lakeview, Chicago, IL	$1,495	$1,900	$2,750	$2,145
Hyde Park, Chicago, IL	$1,250	$1,673	$1,875	$2,250
The Loop, Chicago, IL	$1,825	$2,500	$3,200	$2,700
South Loop, Chicago, IL	N/A	$2,200	$3,000	$2,817
Near North Side, Chicago, IL	$1,763	$2,455	$3,700	$3,111

Top Counties Near 60605

There are a total of 8 counties located by 60605, Chicago, IL. Some of these counties include Schaumburg, IL, Downers Grove, IL, and Chicago, IL. The average rent for rentals in these counties is $2,200. That's roughly around $2 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is Schaumburg, IL. It's average rent per month is $2,138. Vice versa, with an average rent of $2,623, Naperville, IL is the most expensive county by 60605, Chicago, IL.

In comparison, rent for one bedroom listings in 60605, Chicago, IL is 17.52% more expensive than other counties nearby. Finally, rent for two bedrooms in 60605, Chicago, IL is 28.57% more expensive than other counties nearby. We've listed the top 5 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Schaumburg, IL	N/A	$1,995	$2,464	$2,138
Downers Grove, IL	N/A	$1,828	$2,218	$2,188
Chicago, IL	$1,383	$1,895	$2,495	$2,200
Milton, IL	N/A	$1,960	$2,250	$2,250
Naperville, IL	N/A	$1,535	$2,198	$2,623

Top Zipcodes Near 60605

There are a total of 17 zipcodes in or near 60605, Chicago, IL. The average rent for all of these zipcodes is $2,175. A total of 13 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60626, Chicago, IL at $1,475 per month. In comparison, the zipcode with the most expensive average rent of $3,500 per month is 60611, Chicago, IL.

Studios in these zipcodes have an average rent of $1,300. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 60605, Chicago, IL is $1,900 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,463 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 60605, 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	$1,495	$1,900	$2,800	$2,095
60647, Chicago, IL	$1,150	$1,800	$2,125	$2,088
60613, Chicago, IL	$1,450	$1,795	$2,600	$2,300
60640, Chicago, IL	$1,375	$1,695	$2,400	$1,695
60614, Chicago, IL	$1,560	$2,250	$3,350	$2,600
60610, Chicago, IL	$1,713	$2,240	$3,500	$3,000
60626, Chicago, IL	$1,100	$1,300	$1,750	$1,475
60618, Chicago, IL	$1,300	$1,650	$1,995	$2,175
60622, Chicago, IL	N/A	$2,025	$2,463	$2,898
60611, Chicago, IL	$1,850	$2,500	$3,850	$3,500

Frequently Asked Questions - 60605 Average Rents

What is the average rent price in 60605, Chicago, IL?

The average monthly rental price for 60605, Chicago, IL apartments for rent is approximately $2,755. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 60605, 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 60605, Chicago, IL.

How much is a studio apartment in 60605, Chicago, IL?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 60605.

How much is a one bedroom apartment in 60605, Chicago, IL?

The average monthly rental price for one bedroom apartments is $2,298 and an average price per square feet of $2.41. There are a total of 24 one bedroom apartment listings currently available for rent in 60605.

How much is a two bedroom apartment in 60605, Chicago, IL?

The average monthly rental price for two bedroom apartments is $3,150 and an average price per square feet of $2.57. There are a total of 27 two bedroom apartment listings currently available for rent in 60605.

How have rent prices in 60605, Chicago, IL changed this year?

Rent prices for rentals in 60605, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.08%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by 0.10%, and three bedroom rental prices have changed by -0.05% year-over-year.

What is a reasonable rent price in 60605, Chicago, IL?

A reasonable rent price in 60605, Chicago, IL is around $2,204/month. You can search for these reasonably priced rental listings on RentHop.