Average Rent in 60614, Chicago, IL

Current Versus Historical 60614, Chicago, IL Rents

60614 rentals average $1,658 for a studio rental to $5,250 for a 4-bedroom rental. The median price of all currently available listings is $2,395, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have increased by $213 (15.47%) year-over-year from $1,379 to $1,593. 1-bedroom rentals prices have increased by $186 (9.80%) year-over-year from $1,897 to $2,083. 2-bedroom rentals prices have increased by $76 (2.89%) year-over-year from $2,624 to $2,700. 3-bedroom rentals prices have increased by $133 (3.79%) year-over-year from $3,517 to $3,650. 4-bedroom rentals prices have decreased by $94 (-1.85%) year-over-year from $5,092 to $4,998. 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 11.89% this month. 1-bedroom rents have gone up by 2.59% this month. 2-bedroom rents have gone down by 1.85% this month. 3-bedroom rents have gone down by 2.01% this month. 4-bedroom rents have gone up by 3.77% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.70	$1,593	$1,379 (15.47%)	$1,269 (25.54%)
1 BR	$3.13	$2,083	$1,897 (9.80%)	$1,766 (17.94%)
2 BR	$2.45	$2,700	$2,624 (2.89%)	$2,087 (29.37%)
3 BR	$2.60	$3,650	$3,517 (3.79%)	$2,748 (32.81%)
4+ BR	$2.54	$4,998	$5,092 (-1.85%)	$3,665 (36.36%)

Historical Rents in 60614, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 60614

There are a total of 6 cities nearby 60614. The average rent in 60614 is currently $2,225 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 $1,975, is the most affordable city nearby. In contrast, the most expensive city near 60614, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,800 per month.

Let's compare 60614, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 28.03% more expensive. Two bedrooms in 60614, Chicago, IL are about 21.71% more expensive. Finally, rent for three bedrooms are about 30.82% more expensive. Want more information? Check out the top 6 cities near 60614, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Evanston, IL	$1,185	$1,668	$2,150	$1,975
Chicago, IL	$1,350	$1,773	$2,300	$2,025
Schaumburg, IL	N/A	$1,995	$2,350	$2,100
Wheaton, IL	N/A	$1,965	$2,350	$2,350
Aurora, IL	N/A	$1,300	$2,000	$2,398
Naperville, IL	N/A	$1,650	$2,200	$2,800

Top Neighborhoods Near 60614

There are a total of 14 neighborhoods in or near 60614. Some of these neighborhoods include Edgewater, Rogers Park, and Uptown. We've included all of these top 14 neighborhoods in or near 60614, Chicago, IL in the following chart.

The average rent for these 14 neighborhoods in or near 60614, Chicago, IL is currently around $1,873 per month. A total of 12 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $1,873. Out of all the neighborhoods in or near 60614, 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 60614. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Edgewater, Chicago, IL	$1,120	$1,550	$2,200	$1,550
Rogers Park, Chicago, IL	$1,125	$1,375	$1,850	$1,600
Uptown, Chicago, IL	$1,100	$1,600	$2,535	$1,613
Ravenswood, Chicago, IL	$1,210	$1,595	$2,650	$1,648
West Rogers Park, Chicago, IL	$1,200	$1,350	$1,825	$1,700
Albany Park, Chicago, IL	$1,048	$1,420	$1,925	$1,813
Lincoln Park, Chicago, IL	$1,390	$1,863	$2,805	$1,850
Logan Square, Chicago, IL	$1,250	$1,795	$2,000	$1,895
Humboldt Park, Chicago, IL	$2,100	$1,775	$1,813	$1,975
Lakeview, Chicago, IL	$1,343	$1,895	$2,590	$2,095
Hyde Park, Chicago, IL	$1,250	$1,695	$1,887	$2,299
DePaul, Chicago, IL	$1,665	$2,270	$2,400	$2,395
Near North Side, Chicago, IL	$1,850	$2,400	$3,530	$2,592
South Loop, Chicago, IL	$1,600	$2,248	$3,000	$2,800

Top Counties Near 60614

There are a total of 14 counties located by 60614, Chicago, IL. Some of these counties include Evanston, IL, Chicago, IL, and Schaumburg, IL. The average rent for rentals in these counties is $2,142. 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 $1,975. Vice versa, with an average rent of $2,675, Naperville, IL is the most expensive county by 60614, Chicago, IL.

In comparison, rent for one bedroom listings in 60614, Chicago, IL is 24.68% more expensive than other counties nearby. Finally, rent for two bedrooms in 60614, Chicago, IL is 21.71% 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	$1,668	$2,150	$1,975
Chicago, IL	$1,350	$1,773	$2,300	$2,025
Schaumburg, IL	N/A	$1,995	$2,382	$2,095
Downers Grove, IL	N/A	$1,828	$2,200	$2,188
Milton, IL	N/A	$1,965	$2,320	$2,350
Naperville, IL	N/A	$1,663	$2,200	$2,675

Top Zipcodes Near 60614

There are a total of 19 zipcodes in or near 60614, Chicago, IL. The average rent for all of these zipcodes is $2,000. A total of 14 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60640, Chicago, IL at $1,550 per month. In comparison, the zipcode with the most expensive average rent of $2,700 per month is 60642, 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 60614, Chicago, IL is $1,698 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,350 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 60614, 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	$2,625	$2,084
60647, Chicago, IL	$1,250	$1,823	$2,145	$2,000
60613, Chicago, IL	$1,298	$1,698	$2,550	$1,940
60640, Chicago, IL	$1,105	$1,595	$2,475	$1,550
60610, Chicago, IL	$1,850	$2,300	$3,500	$2,658
60625, Chicago, IL	$1,100	$1,495	$2,100	$1,650
60626, Chicago, IL	$1,150	$1,400	$1,850	$1,600
60660, Chicago, IL	$1,120	$1,525	$1,973	$1,550
60618, Chicago, IL	$1,300	$1,488	$1,900	$1,975
60622, Chicago, IL	$1,890	$2,100	$2,438	$2,490

Frequently Asked Questions - 60614 Average Rents

What is the average rent price in 60614, Chicago, IL?

The average monthly rental price for 60614, Chicago, IL apartments for rent is approximately $2,395. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 60614, 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 60614, Chicago, IL.

How much is a studio apartment in 60614, Chicago, IL?

The average monthly rental price for studio apartments is $1,658 and an average price per square feet of $3.70. There are a total of 72 studio apartment listings currently available for rent in 60614.

How much is a one bedroom apartment in 60614, Chicago, IL?

The average monthly rental price for one bedroom apartments is $2,390 and an average price per square feet of $3.13. There are a total of 79 one bedroom apartment listings currently available for rent in 60614.

How much is a two bedroom apartment in 60614, Chicago, IL?

The average monthly rental price for two bedroom apartments is $2,874 and an average price per square feet of $2.45. There are a total of 54 two bedroom apartment listings currently available for rent in 60614.

How have rent prices in 60614, Chicago, IL changed this year?

Rent prices for rentals in 60614, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.15%, one bedroom rental prices have changed by 0.10%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by 0.04% year-over-year.

What is a reasonable rent price in 60614, Chicago, IL?

A reasonable rent price in 60614, Chicago, IL is around $1,916/month. You can search for these reasonably priced rental listings on RentHop.