Average Rent in 60618, Chicago, IL

Current Versus Historical 60618, Chicago, IL Rents

60618 rentals average $1,300 for a studio rental to $4,623 for a 4-bedroom rental. The median price of all currently available listings is $1,950, or roughly $2 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 $554 (86.38%) year-over-year from $641 to $1,195. 1-bedroom rentals prices have increased by $101 (7.22%) year-over-year from $1,397 to $1,498. 2-bedroom rentals prices have increased by $137 (7.75%) year-over-year from $1,763 to $1,900. 3-bedroom rentals prices have increased by $491 (20.88%) year-over-year from $2,354 to $2,845. 4-bedroom rentals prices have increased by $535 (16.64%) year-over-year from $3,215 to $3,750. 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 17.54% this month. 1-bedroom rents have gone up by 3.34% this month. 2-bedroom rents have gone down by 3.10% this month. 3-bedroom rents have gone up by 5.47% this month. 4-bedroom rents have gone down by 22.15% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.18	$1,195	$641 (86.38%)	$956 (25.04%)
1 BR	$2.32	$1,498	$1,397 (7.22%)	$1,222 (22.58%)
2 BR	$2.01	$1,900	$1,763 (7.75%)	$1,565 (21.41%)
3 BR	$2.01	$2,845	$2,354 (20.88%)	$2,067 (37.66%)
4+ BR	$2.18	$3,750	$3,215 (16.64%)	$2,981 (25.80%)

Historical Rents in 60618, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 60618

There are a total of 6 cities nearby 60618. The average rent in 60618 is currently $2,225 per month. Our records show that Evanston, IL, with an average rent of $1,955, is the most affordable city nearby. In contrast, the most expensive city near 60618, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,850 per month.

Let's compare 60618, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 15.63% more affordable. Two bedrooms in 60618, Chicago, IL are about 17.19% more affordable. Finally, rent for three bedrooms are about 4.72% more affordable. Want more information? Check out the top 6 cities near 60618, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Evanston, IL	$1,185	$1,650	$2,150	$1,955
Chicago, IL	$1,350	$1,790	$2,300	$2,035
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	$2,373
Naperville, IL	N/A	$1,650	$2,200	$2,850

Top Neighborhoods Near 60618

There are a total of 13 neighborhoods in or near 60618. Some of these neighborhoods include Edgewater, Uptown, and Rogers Park. We've included all of these top 13 neighborhoods in or near 60618, Chicago, IL in the following chart.

The average rent for these 13 neighborhoods in or near 60618, Chicago, IL is currently around $1,850 per month. A total of 8 neighborhoods have a lower average rent. Meaning, only five neighborhoods have a higher average rent than $1,850. Out of all the neighborhoods in or near 60618, Edgewater has the most affordable average rent at $1,550 per month. Whereas, at $2,809 average rent per month, South Loop is the most expensive neighborhood in or near 60618. 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
Uptown, Chicago, IL	$1,100	$1,600	$2,595	$1,600
Rogers Park, Chicago, IL	$1,125	$1,375	$1,850	$1,600
Ravenswood, Chicago, IL	$1,210	$1,595	$2,650	$1,648
West Rogers Park, Chicago, IL	$1,200	$1,350	$1,800	$1,698
Albany Park, Chicago, IL	$1,048	$1,420	$1,925	$1,800
Lincoln Park, Chicago, IL	$1,390	$1,875	$2,795	$1,850
Logan Square, Chicago, IL	$1,250	$1,795	$2,000	$1,895
Lakeview, Chicago, IL	$1,345	$1,895	$2,590	$2,095
Hyde Park, Chicago, IL	$1,250	$1,695	$1,899	$2,325
DePaul, Chicago, IL	$1,665	$2,290	$2,400	$2,395
Near North Side, Chicago, IL	$1,855	$2,399	$3,500	$2,569
South Loop, Chicago, IL	$1,575	$2,248	$3,000	$2,809

Top Counties Near 60618

There are a total of 13 counties located by 60618, Chicago, IL. Some of these counties include Evanston, IL, Chicago, IL, and Schaumburg, IL. The average rent for rentals in these counties is $2,141. That's roughly around $2 per sqft. The county that is the most affordable is Evanston, IL. It's average rent per month is $1,955. Vice versa, with an average rent of $2,700, Naperville, IL is the most expensive county by 60618, Chicago, IL.

In comparison, rent for one bedroom listings in 60618, Chicago, IL is 21.61% more affordable than other counties nearby. Finally, rent for two bedrooms in 60618, Chicago, IL is 17.19% more affordable 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	$1,955
Chicago, IL	$1,350	$1,790	$2,300	$2,035
Schaumburg, IL	N/A	$1,995	$2,350	$2,093
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	$2,700

Top Zipcodes Near 60618

There are a total of 19 zipcodes in or near 60618, Chicago, IL. The average rent for all of these zipcodes is $2,048. A total of 7 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 $2,725 per month is 60611, 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 60618, Chicago, IL is $1,845 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,438 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 60618, 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	$2,077
60647, Chicago, IL	$1,250	$1,845	$2,123	$2,000
60613, Chicago, IL	$1,298	$1,700	$2,550	$1,940
60640, Chicago, IL	$1,105	$1,595	$2,483	$1,550
60614, Chicago, IL	$1,660	$2,295	$2,873	$2,390
60610, Chicago, IL	$1,855	$2,300	$3,450	$2,650
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
60622, Chicago, IL	$1,893	$2,100	$2,438	$2,438

Frequently Asked Questions - 60618 Average Rents

What is the average rent price in 60618, Chicago, IL?

The average monthly rental price for 60618, Chicago, IL apartments for rent is approximately $1,950. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 60618, 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 60618, Chicago, IL.

How much is a studio apartment in 60618, Chicago, IL?

The average monthly rental price for studio apartments is $1,300 and an average price per square feet of $2.18. There are a total of 4 studio apartment listings currently available for rent in 60618.

How much is a one bedroom apartment in 60618, Chicago, IL?

The average monthly rental price for one bedroom apartments is $1,488 and an average price per square feet of $2.32. There are a total of 28 one bedroom apartment listings currently available for rent in 60618.

How much is a two bedroom apartment in 60618, Chicago, IL?

The average monthly rental price for two bedroom apartments is $1,920 and an average price per square feet of $2.01. There are a total of 61 two bedroom apartment listings currently available for rent in 60618.

How have rent prices in 60618, Chicago, IL changed this year?

Rent prices for rentals in 60618, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.86%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by 0.21% year-over-year.

What is a reasonable rent price in 60618, Chicago, IL?

A reasonable rent price in 60618, Chicago, IL is around $1,560/month. You can search for these reasonably priced rental listings on RentHop.