Average Rent in 60645, Chicago, IL

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Current Versus Historical 60645, Chicago, IL Rents

60645 rentals average $1,200 for a studio rental to $6,000 for a 4-bedroom rental. The median price of all currently available listings is $1,800, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $111 (11.23%) year-over-year from $987 to $1,098. 1-bedroom rentals prices have increased by $148 (12.88%) year-over-year from $1,152 to $1,300. 2-bedroom rentals prices have increased by $146 (9.09%) year-over-year from $1,604 to $1,750. 3-bedroom rentals prices have increased by $192 (8.65%) year-over-year from $2,216 to $2,408. 4-bedroom rentals prices have increased by $2,667 (80.00%) year-over-year from $3,333 to $6,000. 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 186.93% this month. 1-bedroom rents have gone up by 0.97% this month. 2-bedroom rents have gone up by 2.94% this month. 3-bedroom rents have gone up by 9.31% this month. 4-bedroom rents have gone up by 31.39% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.00 $1,098 $987 (11.23%) $955 (14.88%)
1 BR $2.52 $1,300 $1,152 (12.88%) $1,096 (18.63%)
2 BR $2.29 $1,750 $1,604 (9.09%) $1,332 (31.41%)
3 BR $1.79 $2,408 $2,216 (8.65%) $1,717 (40.24%)
4+ BR $1.72 $6,000 $3,333 (80.00%) $3,300 (81.82%)

Historical Rents in 60645, Chicago, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 60645

There are a total of 6 cities nearby 60645. The average rent in 60645 is currently $2,224 per month. Our records show that Evanston, IL, with an average rent of $2,000, is the most affordable city nearby. In contrast, the most expensive city near 60645, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,800 per month.

Let's compare 60645, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 27.22% more affordable. Two bedrooms in 60645, Chicago, IL are about 18.29% more affordable. Finally, rent for three bedrooms are about 14.89% more affordable. Want more information? Check out the top 6 cities near 60645, Chicago, IL in the following chart.
City Studio 1 Bed 2 Bed All
Evanston, IL $1,043 $1,685 $2,145 $2,000
Chicago, IL $1,295 $1,750 $2,295 $2,077
Schaumburg, IL N/A $1,995 $2,350 $2,150
Aurora, IL N/A $1,300 $2,000 $2,298
Wheaton, IL N/A $1,965 $2,350 $2,350
Naperville, IL N/A $1,650 $2,200 $2,800

Top Neighborhoods Near 60645

There are a total of 14 neighborhoods in or near 60645. Some of these neighborhoods include Edgewater, Rogers Park, and Uptown. We've included all of these top 14 neighborhoods in or near 60645, Chicago, IL in the following chart.

The average rent for these 14 neighborhoods in or near 60645, Chicago, IL is currently around $1,910 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $1,910. Interestingly, the neighborhoods' average rent is higher than 60645's average rent, which is only $1,800. Out of all the neighborhoods in or near 60645, Edgewater has the most affordable average rent at $1,550 per month. Whereas, at $2,950 average rent per month, Near North Side is the most expensive neighborhood in or near 60645. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Edgewater, Chicago, IL $1,126 $1,525 $2,200 $1,550
Rogers Park, Chicago, IL $1,125 $1,375 $1,850 $1,600
Uptown, Chicago, IL $1,125 $1,645 $2,600 $1,695
Ravenswood, Chicago, IL $1,210 $1,600 $2,650 $1,700
West Rogers Park, Chicago, IL $1,200 $1,350 $1,850 $1,750
Albany Park, Chicago, IL $1,048 $1,418 $1,925 $1,763
Logan Square, Chicago, IL $1,250 $1,795 $2,000 $1,895
Lincoln Park, Chicago, IL $1,450 $1,863 $2,805 $1,925
Humboldt Park, Chicago, IL $2,100 $1,550 $1,825 $1,985
Lakeview, Chicago, IL $1,425 $1,934 $2,590 $2,100
Hyde Park, Chicago, IL $1,250 $1,673 $1,875 $2,267
DePaul, Chicago, IL $1,670 $2,295 $2,400 $2,395
South Loop, Chicago, IL $1,650 $2,200 $3,000 $2,859
Near North Side, Chicago, IL $1,800 $2,373 $3,600 $2,950

Top Counties Near 60645

There are a total of 14 counties located by 60645, Chicago, IL. Some of these counties include Evanston, IL, Chicago, IL, and Schaumburg, IL. The average rent for rentals in these counties is $2,147. That's roughly around $2 per sqft. The county that is the most affordable is Evanston, IL. It's average rent per month is $2,000. Vice versa, with an average rent of $2,573, Naperville, IL is the most expensive county by 60645, Chicago, IL.

In comparison, rent for one bedroom listings in 60645, Chicago, IL is 32.52% more affordable than other counties nearby. Finally, rent for two bedrooms in 60645, Chicago, IL is 18.53% 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 $1,043 $1,685 $2,145 $2,000
Chicago, IL $1,295 $1,750 $2,295 $2,077
Schaumburg, IL N/A $1,995 $2,382 $2,105
Downers Grove, IL N/A $1,828 $2,209 $2,188
Milton, IL N/A $1,965 $2,335 $2,350
Naperville, IL N/A $1,663 $2,200 $2,573

Top Zipcodes Near 60645

There are a total of 18 zipcodes in or near 60645, Chicago, IL. The average rent for all of these zipcodes is $2,097. A total of 5 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60641, Chicago, IL at $1,550 per month. In comparison, the zipcode with the most expensive average rent of $3,400 per month is 60611, Chicago, IL.

Studios in these zipcodes have an average rent of $1,262. 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 60645, Chicago, IL is $1,761 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,413 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 60645, 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 $1,348 $1,943 $2,625 $2,095
60647, Chicago, IL $1,250 $1,823 $2,145 $2,000
60613, Chicago, IL $1,425 $1,700 $2,595 $2,103
60640, Chicago, IL $1,132 $1,600 $2,483 $1,600
60614, Chicago, IL $1,598 $2,198 $2,890 $2,390
60610, Chicago, IL $1,775 $2,299 $3,500 $2,713
60625, Chicago, IL $1,100 $1,495 $2,100 $1,675
60626, Chicago, IL $1,150 $1,400 $1,850 $1,600
60660, Chicago, IL $1,135 $1,525 $1,995 $1,550
60618, Chicago, IL $1,300 $1,485 $1,910 $1,950

Frequently Asked Questions - 60645 Average Rents

What is the average rent price in 60645, Chicago, IL?
The average monthly rental price for 60645, Chicago, IL apartments for rent is approximately $1,800. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 60645, 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 60645, Chicago, IL.
How much is a studio apartment in 60645, Chicago, IL?
The average monthly rental price for studio apartments is $1,200 and an average price per square feet of $3.00. There are a total of 2 studio apartment listings currently available for rent in 60645.
How much is a one bedroom apartment in 60645, Chicago, IL?
The average monthly rental price for one bedroom apartments is $1,350 and an average price per square feet of $2.52. There are a total of 17 one bedroom apartment listings currently available for rent in 60645.
How much is a two bedroom apartment in 60645, Chicago, IL?
The average monthly rental price for two bedroom apartments is $1,900 and an average price per square feet of $2.29. There are a total of 30 two bedroom apartment listings currently available for rent in 60645.
How have rent prices in 60645, Chicago, IL changed this year?
Rent prices for rentals in 60645, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.11%, one bedroom rental prices have changed by 0.13%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by 0.09% year-over-year.
What is a reasonable rent price in 60645, Chicago, IL?
A reasonable rent price in 60645, Chicago, IL is around $1,440/month. You can search for these reasonably priced rental listings on RentHop.
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