Average Rent in 60623, Chicago, IL

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Current Versus Historical 60623, Chicago, IL Rents

60623 rentals average $1,050 for a studio rental to $2,275 for a 4-bedroom rental. The median price of all currently available listings is $1,700, or roughly $21 per square feet.

For the apartment units and housing in July 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $194 (-15.63%) year-over-year from $1,244 to $1,050. 1-bedroom rentals prices have decreased by $19 (-1.30%) year-over-year from $1,469 to $1,450. 2-bedroom rentals prices have increased by $238 (16.53%) year-over-year from $1,442 to $1,680. 3-bedroom rentals prices have increased by $167 (10.20%) year-over-year from $1,633 to $1,800. 4-bedroom rentals prices have increased by $367 (18.97%) year-over-year from $1,933 to $2,300. 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 0.00% this month. 1-bedroom rents have gone up by 12.26% this month. 2-bedroom rents have gone up by 7.69% this month. 3-bedroom rents have gone up by 3.60% this month. 4-bedroom rents have gone down by 6.12% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	N/A	$1,050	$1,244 (-15.63%)	$354 (196.33%)
1 BR	N/A	$1,450	$1,469 (-1.30%)	$1,063 (36.36%)
2 BR	$20.57	$1,680	$1,442 (16.53%)	$1,282 (31.08%)
3 BR	$21.27	$1,800	$1,633 (10.20%)	$1,511 (19.13%)
4+ BR	$24.36	$2,300	$1,933 (18.97%)	$1,712 (34.34%)

Historical Rents in 60623, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 60623

There are a total of 12 cities nearby 60623. The average rent in 60623 is currently $2,325 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Cicero, IL, with an average rent of $1,163, is the most affordable city nearby. In contrast, the most expensive city near 60623, Chicago, IL is Vernon Hills, IL. Monthly rents here are on average $2,750 per month.

Let's compare 60623, Chicago, IL's rent against other top cities nearby by bedroom size. Typically, rent for studios in 60623, Chicago, IL is 4.76% more affordable than other cities nearby. One bedrooms are about 20.66% more affordable. Two bedrooms in 60623, Chicago, IL are about 40.88% more affordable. Finally, rent for three bedrooms are about 65.41% more affordable. Want more information? Check out the top 10 cities out of 12 total cities near 60623, Chicago, IL in the following table.

City	Studio	1 Bed	2 Bed	All
Cicero, IL	$895	$1,075	$1,613	$1,163
Berwyn, IL	$1,100	$1,250	$1,750	$1,300
Oak Park, IL	$1,300	$1,700	$2,350	$2,250
Chicago, IL	$1,595	$2,150	$2,495	$2,300
Schaumburg, IL	N/A	$2,006	$2,300	$2,300
Wheaton, IL	N/A	$2,126	$2,349	$2,349
Skokie, IL	N/A	$1,600	$2,500	$2,500
Evanston, IL	$2,125	$2,225	$2,400	$2,500
Naperville, IL	N/A	$1,799	$2,350	$2,587
Vernon Hills, IL	N/A	$1,900	$2,300	$2,750

Top Neighborhoods Near 60623

There are a total of 28 neighborhoods in or near 60623. Some of these neighborhoods include Englewood, South Shore, and Rogers Park. We've included all of these top 28 neighborhoods in or near 60623, Chicago, IL in the following table.

The average rent for these 28 neighborhoods in or near 60623, Chicago, IL is currently around $2,275 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only twenty-five neighborhoods have a higher average rent than $2,275. Interestingly, the neighborhoods' average rent is higher than 60623's average rent, which is only $1,700. Out of all the neighborhoods in or near 60623, Englewood has the most affordable average rent at $1,400 per month. Whereas, at $3,500 average rent per month, Bucktown is the most expensive neighborhood in or near 60623. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Englewood, Chicago, IL	$1,100	$1,250	$1,350	$1,400
South Shore, Chicago, IL	$975	$1,300	$1,450	$1,538
Rogers Park, Chicago, IL	$1,195	$1,450	$1,850	$1,650
Austin, Chicago, IL	$1,063	$1,100	$1,800	$1,773
Lawndale, Chicago, IL	N/A	$1,450	$1,700	$1,800
Albany Park, Chicago, IL	$1,550	$1,485	$2,049	$1,825
Edgewater, Chicago, IL	$1,473	$1,763	$2,500	$1,828
Hyde Park, Chicago, IL	$1,290	$1,795	$1,975	$1,950
Uptown, Chicago, IL	$1,398	$1,825	$2,950	$2,031
Ravenswood, Chicago, IL	$1,488	$1,950	$2,495	$2,045
West Rogers Park, Chicago, IL	N/A	$1,585	$1,973	$2,095
Pilsen, Chicago, IL	$2,650	$1,650	$2,000	$2,100
Jefferson Park, Chicago, IL	$1,375	$1,473	$2,100	$2,100
Woodlawn, Chicago, IL	$2,400	$1,565	$1,798	$2,200
Logan Square, Chicago, IL	$1,595	$2,095	$2,548	$2,350
Humboldt Park, Chicago, IL	N/A	$1,800	$2,073	$2,400
Far East, Aurora, IL	N/A	$1,829	$2,261	$2,406
Bronzeville, Chicago, IL	$1,200	$1,695	$2,365	$2,423
Lakeview, Chicago, IL	$1,625	$2,195	$3,197	$2,575
Lincoln Park, Chicago, IL	$1,750	$2,500	$3,925	$2,600
University Village - Little Italy, Chicago, IL	$1,169	$2,100	$2,550	$2,673
Near North Side, Chicago, IL	$1,950	$2,600	$4,000	$2,850
South Loop, Chicago, IL	$1,780	$2,400	$3,152	$2,900
The Loop, Chicago, IL	$2,175	$2,600	$3,900	$3,000
West Town, Chicago, IL	$2,275	$2,299	$2,800	$3,200
DePaul, Chicago, IL	$1,915	$2,523	$3,500	$3,350
Near West Side, Chicago, IL	N/A	$2,900	$3,700	$3,400
Bucktown, Chicago, IL	$2,363	$2,575	$3,100	$3,500

Top Counties Near 60623

There are a total of 26 counties located by 60623, Chicago, IL. Some of these counties include Cicero, IL, Berwyn, IL, and Worth, IL. The average rent for rentals in these counties is $2,373. That's roughly around $24 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Cicero, IL. Its average rent per month is $1,163. Vice versa, with an average rent of $3,500, New Trier, IL is the most expensive county by 60623, Chicago, IL.

Typically, rent for studios in 60623, Chicago, IL is 4.76% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 60623, Chicago, IL is 14.22% more affordable than other counties nearby. Finally, rent for two bedrooms in 60623, Chicago, IL is 37.12% more affordable than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Cicero, IL	$895	$1,075	$1,613	$1,163
Berwyn, IL	$1,100	$1,250	$1,750	$1,300
Worth, IL	$1,575	$1,385	$1,700	$1,850
Proviso, IL	$1,125	$1,400	$1,925	$2,000
Lyons, IL	N/A	$1,345	$1,750	$2,095
Leyden, IL	$1,360	$1,400	$2,500	$2,200
Oak Park, IL	$1,300	$1,700	$2,350	$2,250
Chicago, IL	$1,595	$2,150	$2,495	$2,300
Evanston, IL	$2,125	$2,225	$2,400	$2,500
Niles, IL	N/A	$1,700	$2,675	$2,800

Top Zipcodes Near 60623

There are a total of 36 zipcodes in or near 60623, Chicago, IL. The average rent for all of these zipcodes is $2,341. A total of 6 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60804, Cicero, IL at $1,163 per month. In comparison, the zipcode with the most expensive average rent of $3,250 per month is 60607, Chicago, IL.

Studios in these zipcodes have an average rent of $1,492. That's at least $39 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 60623, Chicago, IL is $1,816 per month. Or in other words, $30 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,449 per month. Which comes out to $28 per sqft. The following table includes the top 10 zipcodes in 60623, 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	$1,645	$2,175	$3,173	$2,450
60614, Chicago, IL	$1,845	$2,500	$3,600	$2,995
60613, Chicago, IL	$1,600	$2,238	$3,143	$2,700
60647, Chicago, IL	$1,595	$2,150	$2,600	$2,495
60622, Chicago, IL	$1,800	$2,300	$2,700	$3,000
60611, Chicago, IL	$2,300	$2,500	$4,200	$2,822
60608, Chicago, IL	$2,650	$1,700	$2,000	$2,150
60640, Chicago, IL	$1,465	$1,850	$2,600	$1,950
60607, Chicago, IL	$1,488	$2,900	$3,640	$3,250
60610, Chicago, IL	$1,663	$2,500	$3,945	$2,600

Frequently Asked Questions - 60623 Average Rents

What is the average rent price in 60623, Chicago, IL?

The average monthly rental price for 60623, Chicago, IL apartments for rent is approximately $1,700. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 60623, 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 60623, Chicago, IL.

How much is a studio apartment in 60623, Chicago, IL?

The average monthly rental price for studio apartments is $1,050. There are a total of 1 studio apartment listings currently available for rent in 60623.

How much is a one bedroom apartment in 60623, Chicago, IL?

The average monthly rental price for one bedroom apartments is $1,450. There are a total of 1 one bedroom apartment listings currently available for rent in 60623.

How much is a two bedroom apartment in 60623, Chicago, IL?

The average monthly rental price for two bedroom apartments is $1,650 and an average price per square feet of $20.57. There are a total of 32 two bedroom apartment listings currently available for rent in 60623.

How have rent prices in 60623, Chicago, IL changed this year?

Rent prices for rentals in 60623, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by -0.16%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by 0.17%, three bedroom rental prices have changed by 0.10% year-over-year.

What is a reasonable rent price in 60623, Chicago, IL?

A reasonable rent price in 60623, Chicago, IL is around $1,360/month. You can search for these reasonably priced rental listings on RentHop.