Average Rent in 60641, Chicago, IL

Current Versus Historical 60641, Chicago, IL Rents

60641 rentals average $1,050 for a studio rental to $2,300 for a 3-bedroom rental. The median price of all currently available listings is $1,600, 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 $123 (13.31%) year-over-year from $927 to $1,050. 1-bedroom rentals prices have increased by $83 (6.85%) year-over-year from $1,217 to $1,300. 2-bedroom rentals prices have increased by $123 (8.02%) year-over-year from $1,528 to $1,650. 3-bedroom rentals prices have decreased by $192 (-7.69%) year-over-year from $2,492 to $2,300. 4-bedroom rentals prices have decreased by $675 (-16.98%) year-over-year from $3,975 to $3,300. 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 5.36% this month. 1-bedroom rents have gone up by 1.30% this month. 2-bedroom rents have gone up by 3.23% this month. 3-bedroom rents have gone up by 0.07% this month. 4-bedroom rents have gone up by 26.92% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.00	$1,050	$927 (13.31%)	$820 (28.05%)
1 BR	$1.93	$1,300	$1,217 (6.85%)	$1,107 (17.47%)
2 BR	$1.84	$1,650	$1,528 (8.02%)	$1,446 (14.12%)
3 BR	$2.03	$2,300	$2,492 (-7.69%)	$1,758 (30.87%)

Historical Rents in 60641, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 60641

There are a total of 6 cities nearby 60641. The average rent in 60641 is currently $2,210 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 60641, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,825 per month.

Let's compare 60641, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 32.31% more affordable. Two bedrooms in 60641, Chicago, IL are about 28.57% more affordable. Finally, rent for three bedrooms are about 16.83% more affordable. Want more information? Check out the top 6 cities near 60641, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Evanston, IL	$1,185	$1,595	$2,150	$1,955
Chicago, IL	$1,350	$1,790	$2,300	$2,030
Schaumburg, IL	N/A	$1,995	$2,350	$2,100
Wheaton, IL	N/A	$1,960	$2,320	$2,320
Aurora, IL	N/A	$1,300	$1,963	$2,395
Naperville, IL	N/A	$1,650	$2,200	$2,825

Top Neighborhoods Near 60641

There are a total of 13 neighborhoods in or near 60641. Some of these neighborhoods include Edgewater, Uptown, and Rogers Park. We've included all of these top 13 neighborhoods in or near 60641, Chicago, IL in the following chart.

The average rent for these 13 neighborhoods in or near 60641, Chicago, IL is currently around $1,863 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only ten neighborhoods have a higher average rent than $1,863. Interestingly, the neighborhoods' average rent is higher than 60641's average rent, which is only $1,600. Out of all the neighborhoods in or near 60641, 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 60641. 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	$1,150	$1,350	$1,850	$1,600
Ravenswood, Chicago, IL	$1,210	$1,595	$2,775	$1,640
West Rogers Park, Chicago, IL	$1,200	$1,350	$1,800	$1,698
Albany Park, Chicago, IL	$1,048	$1,420	$1,900	$1,775
Lincoln Park, Chicago, IL	$1,390	$1,925	$2,795	$1,863
Logan Square, Chicago, IL	$1,250	$1,795	$2,050	$1,906
Lakeview, Chicago, IL	$1,343	$1,895	$2,590	$2,092
Hyde Park, Chicago, IL	$1,250	$1,698	$1,887	$2,198
DePaul, Chicago, IL	$1,665	$2,290	$2,400	$2,395
Near North Side, Chicago, IL	$1,860	$2,399	$3,500	$2,569
South Loop, Chicago, IL	$1,700	$2,200	$3,000	$2,800

Top Counties Near 60641

There are a total of 13 counties located by 60641, 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. 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 60641, Chicago, IL.

In comparison, rent for one bedroom listings in 60641, Chicago, IL is 39.15% more affordable than other counties nearby. Finally, rent for two bedrooms in 60641, Chicago, IL is 28.57% 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	$1,595	$2,150	$1,955
Chicago, IL	$1,350	$1,790	$2,300	$2,030
Schaumburg, IL	N/A	$1,995	$2,350	$2,095
Downers Grove, IL	N/A	$1,828	$2,200	$2,188
Milton, IL	N/A	$1,960	$2,320	$2,320
Naperville, IL	N/A	$1,663	$2,175	$2,700

Top Zipcodes Near 60641

There are a total of 20 zipcodes in or near 60641, Chicago, IL. The average rent for all of these zipcodes is $2,076. A total of 3 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 $3,148 per month is 60607, Chicago, IL.

Studios in these zipcodes have an average rent of $1,287. 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 60641, Chicago, IL is $1,874 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,466 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 60641, 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	$2,600	$2,077
60647, Chicago, IL	$1,250	$1,848	$2,150	$2,048
60613, Chicago, IL	$1,300	$1,700	$2,568	$1,943
60640, Chicago, IL	$1,105	$1,595	$2,495	$1,550
60614, Chicago, IL	$1,663	$2,295	$2,862	$2,300
60610, Chicago, IL	$1,860	$2,300	$3,450	$2,658
60625, Chicago, IL	$1,100	$1,498	$2,100	$1,663
60626, Chicago, IL	$1,150	$1,375	$1,850	$1,600
60660, Chicago, IL	$1,120	$1,500	$1,995	$1,550
60618, Chicago, IL	$1,400	$1,488	$1,920	$1,950

Frequently Asked Questions - 60641 Average Rents

What is the average rent price in 60641, Chicago, IL?

The average monthly rental price for 60641, Chicago, IL apartments for rent is approximately $1,600. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 60641, 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 60641, Chicago, IL.

How much is a studio apartment in 60641, Chicago, IL?

The average monthly rental price for studio apartments is $1,050 and an average price per square feet of $2.00. There are a total of 13 studio apartment listings currently available for rent in 60641.

How much is a one bedroom apartment in 60641, Chicago, IL?

The average monthly rental price for one bedroom apartments is $1,300 and an average price per square feet of $1.93. There are a total of 19 one bedroom apartment listings currently available for rent in 60641.

How much is a two bedroom apartment in 60641, Chicago, IL?

The average monthly rental price for two bedroom apartments is $1,750 and an average price per square feet of $1.84. There are a total of 32 two bedroom apartment listings currently available for rent in 60641.

How have rent prices in 60641, Chicago, IL changed this year?

Rent prices for rentals in 60641, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.13%, 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 -0.08% year-over-year.

What is a reasonable rent price in 60641, Chicago, IL?

A reasonable rent price in 60641, Chicago, IL is around $1,280/month. You can search for these reasonably priced rental listings on RentHop.