Average Rent in 60611, Chicago, IL

Home  »  IL  »  Chicago  »  60611

Current Versus Historical 60611, Chicago, IL Rents

60611 rentals average $1,800 for a studio rental to $13,900 for a 4-bedroom rental. The median price of all currently available listings is $2,600, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $157 (9.29%) year-over-year from $1,693 to $1,850. 1-bedroom rentals prices have decreased by $38 (-1.57%) year-over-year from $2,436 to $2,398. 2-bedroom rentals prices have decreased by $315 (-8.07%) year-over-year from $3,905 to $3,590. 3-bedroom rentals prices have increased by $84 (1.22%) year-over-year from $6,817 to $6,900. 4-bedroom rentals prices have increased by $16,326 (119.39%) year-over-year from $13,674 to $30,000. 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 0.80% this month. 1-bedroom rents have gone up by 2.06% this month. 2-bedroom rents have gone up by 0.28% this month. 3-bedroom rents have gone up by 11.13% this month. 4-bedroom rents have gone up by 30.15% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.22 $1,850 $1,693 (9.29%) $1,715 (7.89%)
1 BR $2.83 $2,398 $2,436 (-1.57%) $2,042 (17.42%)
2 BR $2.81 $3,590 $3,905 (-8.07%) $3,412 (5.19%)
3 BR $3.30 $6,900 $6,817 (1.22%) $5,433 (27.01%)
4+ BR $3.48 $30,000 $13,674 (119.39%) $14,000 (114.29%)

Historical Rents in 60611, Chicago, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 60611

There are a total of 5 cities nearby 60611. The average rent in 60611 is currently $2,105 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Evanston, IL, with an average rent of $1,998, is the most affordable city nearby. In contrast, the most expensive city near 60611, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,850 per month.

Let's compare 60611, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 22.83% more expensive. Two bedrooms in 60611, Chicago, IL are about 37.70% more expensive. Finally, rent for three bedrooms are about 62.66% more expensive. Want more information? Check out the top 5 cities near 60611, Chicago, IL in the following chart.
City Studio 1 Bed 2 Bed All
Evanston, IL $1,185 $1,650 $2,150 $1,998
Chicago, IL $1,350 $1,775 $2,250 $2,005
Schaumburg, IL N/A $1,995 $2,350 $2,105
Wheaton, IL N/A $1,960 $2,320 $2,320
Naperville, IL N/A $1,650 $2,250 $2,850

Top Neighborhoods Near 60611

There are a total of 15 neighborhoods in or near 60611. Some of these neighborhoods include Edgewater, Ravenswood, and Rogers Park. We've included all of these top 15 neighborhoods in or near 60611, Chicago, IL in the following chart.

The average rent for these 15 neighborhoods in or near 60611, Chicago, IL is currently around $1,975 per month. A total of 13 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $1,975. Out of all the neighborhoods in or near 60611, Edgewater has the most affordable average rent at $1,550 per month. Whereas, at $2,800 average rent per month, South Loop is the most expensive neighborhood in or near 60611. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Edgewater, Chicago, IL $1,121 $1,550 $2,250 $1,550
Ravenswood, Chicago, IL $1,220 $1,550 $2,570 $1,600
Rogers Park, Chicago, IL $1,098 $1,350 $1,850 $1,600
Uptown, Chicago, IL $1,100 $1,600 $2,225 $1,650
West Rogers Park, Chicago, IL $1,200 $1,325 $1,800 $1,698
Albany Park, Chicago, IL $1,050 $1,435 $1,860 $1,738
Lincoln Park, Chicago, IL $1,385 $2,000 $2,805 $1,900
Humboldt Park, Chicago, IL N/A $1,775 $1,813 $1,975
Logan Square, Chicago, IL $1,250 $1,795 $2,050 $1,995
Lakeview, Chicago, IL $1,345 $1,850 $2,568 $2,094
Hyde Park, Chicago, IL $1,250 $1,673 $2,000 $2,200
DePaul, Chicago, IL $1,595 $2,245 $2,375 $2,300
Near North Side, Chicago, IL $1,860 $2,350 $3,500 $2,555
The Loop, Chicago, IL N/A $2,475 $3,300 $2,788
South Loop, Chicago, IL $1,648 $2,225 $3,000 $2,800

Top Counties Near 60611

There are a total of 15 counties located by 60611, Chicago, IL. Some of these counties include Evanston, IL, Chicago, IL, and Schaumburg, IL. The average rent for rentals in these counties is $2,100. 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 Evanston, IL. It's average rent per month is $1,998. Vice versa, with an average rent of $2,700, Naperville, IL is the most expensive county by 60611, Chicago, IL.

Typically, rent for studios in 60611, Chicago, IL is 67.08% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 60611, Chicago, IL is 21.74% more expensive than other counties nearby. Finally, rent for two bedrooms in 60611, Chicago, IL is 38.27% more expensive than other counties nearby. We've listed the top 6 counties in the chart below.
County Studio 1 Bed 2 Bed All
Evanston, IL $1,185 $1,650 $2,150 $1,998
Chicago, IL $1,350 $1,775 $2,250 $2,005
Schaumburg, IL $1,195 $1,985 $2,400 $2,098
Downers Grove, IL N/A $1,825 $2,209 $2,103
Milton, IL N/A $1,960 $2,320 $2,320
Naperville, IL N/A $1,663 $2,200 $2,700

Top Zipcodes Near 60611

There are a total of 20 zipcodes in or near 60611, Chicago, IL. The average rent for all of these zipcodes is $2,086. A total of 17 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60660, Chicago, IL at $1,550 per month. In comparison, the zipcode with the most expensive average rent of $2,900 per month is 60607, Chicago, IL.

Studios in these zipcodes have an average rent of $1,250. 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 60611, Chicago, IL is $1,793 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,374 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 60611, 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 $1,345 $1,900 $2,595 $2,072
60647, Chicago, IL $1,250 $1,890 $2,150 $2,100
60613, Chicago, IL $1,300 $1,695 $2,585 $1,945
60640, Chicago, IL $1,120 $1,590 $2,398 $1,550
60614, Chicago, IL $1,603 $2,293 $2,851 $2,295
60610, Chicago, IL $1,868 $2,300 $3,500 $2,625
60625, Chicago, IL $1,188 $1,500 $2,100 $1,725
60626, Chicago, IL $1,125 $1,375 $1,850 $1,600
60660, Chicago, IL $1,120 $1,500 $1,973 $1,550
60618, Chicago, IL $1,400 $1,495 $1,900 $1,900

Frequently Asked Questions - 60611 Average Rents

What is the average rent price in 60611, Chicago, IL?
The average monthly rental price for 60611, Chicago, IL apartments for rent is approximately $2,600. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 60611, 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 60611, Chicago, IL.
How much is a studio apartment in 60611, Chicago, IL?
The average monthly rental price for studio apartments is $1,800 and an average price per square feet of $3.22. There are a total of 13 studio apartment listings currently available for rent in 60611.
How much is a one bedroom apartment in 60611, Chicago, IL?
The average monthly rental price for one bedroom apartments is $2,300 and an average price per square feet of $2.83. There are a total of 56 one bedroom apartment listings currently available for rent in 60611.
How much is a two bedroom apartment in 60611, Chicago, IL?
The average monthly rental price for two bedroom apartments is $3,612 and an average price per square feet of $2.81. There are a total of 28 two bedroom apartment listings currently available for rent in 60611.
How have rent prices in 60611, Chicago, IL changed this year?
Rent prices for rentals in 60611, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.09%, one bedroom rental prices have changed by -0.02%, two bedroom rental prices have changed by -0.08%, and three bedroom rental prices have changed by 0.01% year-over-year.
What is a reasonable rent price in 60611, Chicago, IL?
A reasonable rent price in 60611, Chicago, IL is around $2,080/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast