Average Rent in 60620, Chicago, IL

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Current Versus Historical 60620, Chicago, IL Rents

60620 rentals average $1,350 for a studio rental to $1,825 for a 3-bedroom rental. The median price of all currently available listings is $1,500, or roughly $18 per square feet.
For the apartment units and housing in October 2026, median rents have fallen substantially over the last year. Studio rentals prices have increased by $352 (35.23%) year-over-year from $998 to $1,350. 1-bedroom rentals prices have decreased by $142 (-12.41%) year-over-year from $1,142 to $1,000. 2-bedroom rentals prices have increased by $17 (1.11%) year-over-year from $1,483 to $1,499. 3-bedroom rentals prices have decreased by $108 (-5.75%) year-over-year from $1,883 to $1,775. 4-bedroom rentals prices have increased by $142 (6.42%) year-over-year from $2,208 to $2,350. 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 down by 2.41% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone down by 0.04% this month. 3-bedroom rents have gone down by 4.91% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $20.25 $1,350 $998 (35.23%) $767 (76.01%)
1 BR $16.50 $1,000 $1,142 (-12.41%) $1,033 (-3.23%)
2 BR $17.33 $1,499 $1,483 (1.11%) $1,183 (26.68%)
3 BR $17.68 $1,775 $1,883 (-5.75%) $1,565 (13.45%)

Historical Rents in 60620, Chicago, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 60620

There are a total of 12 cities nearby 60620. The average rent in 60620 is currently $2,405 per month. Our records show that Oak Park, IL, with an average rent of $2,119, is the most affordable city nearby. In contrast, the most expensive city near 60620, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,900 per month.

Let's compare 60620, Chicago, IL's rent against other top cities nearby by bedroom size. Typically, rent for studios in 60620, Chicago, IL is 1.85% more expensive than other cities nearby. One bedrooms are about 83.31% more affordable. Two bedrooms in 60620, Chicago, IL are about 47.50% more affordable. Finally, rent for three bedrooms are about 64.38% more affordable. Want more information? Check out the top 10 cities out of 12 total cities near 60620, Chicago, IL in the following table.
City Studio 1 Bed 2 Bed All
Oak Park, IL $1,929 $2,419 $2,150 $2,119
Joliet, IL N/A $1,313 $1,900 $2,379
Skokie, IL $1,150 $2,300 $2,200 $2,400
Schaumburg, IL N/A $2,233 $2,325 $2,400
Aurora, IL $1,350 $1,350 $2,185 $2,400
Wheaton, IL $1,425 $1,850 $2,533 $2,411
Evanston, IL $2,110 $1,795 $2,395 $2,500
Chicago, IL $2,140 $2,576 $3,048 $2,575
Arlington Heights, IL $1,200 $2,000 $2,225 $2,600
Naperville, IL N/A $1,625 $2,350 $2,900

Top Neighborhoods Near 60620

There are a total of 30 neighborhoods in or near 60620. Some of these neighborhoods include South Shore, Edgewater, and Austin. We've included all of these top 30 neighborhoods in or near 60620, Chicago, IL in the following table.

The average rent for these 30 neighborhoods in or near 60620, Chicago, IL is currently around $2,406 per month. Interestingly, the neighborhoods' average rent is higher than 60620's average rent, which is only $1,500. Out of all the neighborhoods in or near 60620, South Shore has the most affordable average rent at $1,575 per month. Whereas, at $3,952 average rent per month, DePaul is the most expensive neighborhood in or near 60620. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
South Shore, Chicago, IL $995 $1,200 $1,450 $1,575
Edgewater, Chicago, IL $1,364 $1,600 $2,498 $1,650
Austin, Chicago, IL $1,150 $1,174 $1,600 $1,750
Rogers Park, Chicago, IL $1,341 $1,450 $2,000 $1,784
Woodlawn, Chicago, IL N/A $1,565 $1,850 $1,880
West Rogers Park, Chicago, IL $1,338 $1,495 $1,905 $1,903
Hyde Park, Chicago, IL $1,095 $1,373 $2,350 $1,925
Lawndale, Chicago, IL $1,550 $1,400 $1,650 $1,925
Uptown, Chicago, IL $1,395 $1,980 $2,500 $1,985
Albany Park, Chicago, IL $1,275 $1,513 $2,000 $2,000
Pilsen, Chicago, IL $1,998 $1,498 $2,025 $2,050
Jefferson Park, Chicago, IL $1,300 $1,500 $2,200 $2,200
Ravenswood, Chicago, IL $1,550 $1,950 $2,650 $2,250
Humboldt Park, Chicago, IL $1,513 $1,750 $2,075 $2,350
Logan Square, Chicago, IL $1,695 $2,233 $2,520 $2,400
University Village - Little Italy, Chicago, IL $2,004 $2,336 $3,036 $2,412
Lakeview, Chicago, IL $1,505 $2,297 $3,100 $2,495
Bronzeville, Chicago, IL $995 $1,700 $2,373 $2,625
Bucktown, Chicago, IL $2,191 $2,629 $3,550 $2,641
Tri-Taylor, Chicago, IL $2,205 $2,515 $3,059 $2,673
Lincoln Park, Chicago, IL $1,850 $2,741 $4,152 $2,737
South Loop, Chicago, IL $2,268 $2,658 $3,519 $2,850
The Loop, Chicago, IL $2,398 $2,870 $4,050 $2,864
Wicker Park, Chicago, IL $2,400 $2,880 $3,200 $2,915
Near West Side, Chicago, IL $2,332 $2,868 $3,809 $2,935
Goose Island, Chicago, IL $2,075 $3,052 $4,545 $3,025
Near North Side, Chicago, IL $2,380 $2,889 $4,178 $3,035
West Loop, Chicago, IL $2,361 $3,025 $4,142 $3,074
West Town, Chicago, IL $2,517 $2,978 $4,268 $3,175
DePaul, Chicago, IL $2,195 $2,650 $3,750 $3,952

Top Counties Near 60620

There are a total of 28 counties located by 60620, Chicago, IL. Some of these counties include Worth, IL, Proviso, IL, and Leyden, IL. The average rent for rentals in these counties is $2,398. That's roughly around $23 per sqft. The county that is the most affordable is Worth, IL. Its average rent per month is $1,800. Vice versa, with an average rent of $3,200, Vernon, IL is the most expensive county by 60620, Chicago, IL.

Typically, rent for studios in 60620, Chicago, IL is 14.81% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 60620, Chicago, IL is 57.14% more affordable than other counties nearby. Finally, rent for two bedrooms in 60620, Chicago, IL is 41.67% more affordable than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Worth, IL $1,350 $1,450 $1,675 $1,800
Proviso, IL $1,195 $1,425 $1,800 $1,875
Leyden, IL N/A $1,488 $1,895 $1,898
Oak Park, IL $1,929 $2,419 $2,150 $2,119
Thornton, IL $1,250 $1,200 $1,613 $2,175
Lyons, IL $1,650 $1,500 $1,825 $2,300
Downers Grove, IL N/A $1,600 $2,025 $2,300
York, IL N/A $1,650 $2,000 $2,375
Chicago, IL $2,140 $2,576 $3,048 $2,575
Niles, IL $1,150 $2,300 $2,250 $2,700

Top Zipcodes Near 60620

There are a total of 37 zipcodes in or near 60620, Chicago, IL. The average rent for all of these zipcodes is $2,300.

Studios in these zipcodes have an average rent of $1,520. That's at least $40 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 60620, Chicago, IL is $1,795 per month. Or in other words, $34 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,390 per month. Which comes out to $27 per sqft. The following table includes the top 10 zipcodes in 60620, 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 $1,505 $2,240 $3,225 $2,414
60614, Chicago, IL $1,940 $2,657 $4,000 $2,811
60613, Chicago, IL $1,500 $2,300 $2,950 $2,500
60637, Chicago, IL $1,125 $1,565 $1,625 $1,850
60611, Chicago, IL $2,380 $2,857 $4,182 $3,158
60647, Chicago, IL $1,695 $2,295 $2,631 $2,450
60640, Chicago, IL $1,350 $1,950 $2,500 $1,978
60622, Chicago, IL $2,343 $2,595 $2,895 $2,880
60610, Chicago, IL $2,264 $2,711 $4,076 $2,809
60626, Chicago, IL $1,341 $1,450 $2,000 $1,751

Frequently Asked Questions - 60620 Average Rents

What is the average rent price in 60620, Chicago, IL?
The average monthly rental price for 60620, Chicago, IL apartments for rent is approximately $1,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 60620, 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 60620, Chicago, IL.
How much is a studio apartment in 60620, Chicago, IL?
The average monthly rental price for studio apartments is $1,350 and an average price per square feet of $20.25. There are a total of 2 studio apartment listings currently available for rent in 60620.
How much is a one bedroom apartment in 60620, Chicago, IL?
The average monthly rental price for one bedroom apartments is $1,050 and an average price per square feet of $16.50. There are a total of 4 one bedroom apartment listings currently available for rent in 60620.
How much is a two bedroom apartment in 60620, Chicago, IL?
The average monthly rental price for two bedroom apartments is $1,500 and an average price per square feet of $17.33. There are a total of 27 two bedroom apartment listings currently available for rent in 60620.
How have rent prices in 60620, Chicago, IL changed this year?
Rent prices for rentals in 60620, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.35%, one bedroom rental prices have changed by -0.12%, two bedroom rental prices have changed by 0.01%, three bedroom rental prices have changed by -0.06% year-over-year.
What is a reasonable rent price in 60620, Chicago, IL?
A reasonable rent price in 60620, Chicago, IL is around $1,200/month. You can search for these reasonably priced rental listings on RentHop.