Average Rent in 60647, Chicago, IL

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Current Versus Historical 60647, Chicago, IL Rents

60647 rentals average $1,595 for a studio rental to $4,000 for a 4-bedroom rental. The median price of all currently available listings is $2,415, or roughly $34 per square feet.

For the apartment units and housing in October 2026, median rents have risen over the last year. Studio rentals prices have increased by $148 (10.25%) year-over-year from $1,447 to $1,595. 1-bedroom rentals prices have increased by $119 (5.48%) year-over-year from $2,179 to $2,299. 2-bedroom rentals prices have increased by $404 (17.27%) year-over-year from $2,341 to $2,745. 3-bedroom rentals prices have increased by $543 (20.26%) year-over-year from $2,682 to $3,225. 4-bedroom rentals prices have increased by $186 (4.76%) year-over-year from $3,902 to $4,088. 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 3.13% this month. 1-bedroom rents have gone up by 6.64% this month. 2-bedroom rents have gone up by 3.07% this month. 3-bedroom rents have gone up by 0.70% this month. 4-bedroom rents have gone down by 4.81% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$45.86	$1,595	$1,447 (10.25%)	$1,195 (33.47%)
1 BR	$40.18	$2,299	$2,179 (5.48%)	$1,982 (15.99%)
2 BR	$30.38	$2,745	$2,341 (17.27%)	$2,070 (32.61%)
3 BR	$25.94	$3,225	$2,682 (20.26%)	$2,282 (41.34%)
4+ BR	$24.33	$4,088	$3,902 (4.76%)	$3,532 (15.74%)

Historical Rents in 60647, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 60647

There are a total of 11 cities nearby 60647. The average rent in 60647 is currently $2,450 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Palatine, IL, with an average rent of $2,150, is the most affordable city nearby. In contrast, the most expensive city near 60647, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,993 per month.

Let's compare 60647, Chicago, IL's rent against other top cities nearby by bedroom size. Typically, rent for studios in 60647, Chicago, IL is 11.44% more expensive than other cities nearby. One bedrooms are about 13.49% more expensive. Two bedrooms in 60647, Chicago, IL are about 11.77% more expensive. Finally, rent for three bedrooms are about 6.98% more expensive. Want more information? Check out the top 10 cities out of 11 total cities near 60647, Chicago, IL in the following table.

City	Studio	1 Bed	2 Bed	All
Palatine, IL	$1,300	$1,500	$1,950	$2,150
Oak Park, IL	$1,902	$1,725	$2,073	$2,295
Wheaton, IL	$1,475	$1,899	$2,349	$2,349
Chicago, IL	$1,675	$2,233	$2,695	$2,395
Arlington Heights, IL	$1,200	$1,750	$2,100	$2,450
Schaumburg, IL	N/A	$2,182	$2,300	$2,456
Skokie, IL	$1,195	$2,113	$2,300	$2,500
Evanston, IL	$2,218	$1,963	$2,294	$2,500
Vernon Hills, IL	$2,004	$2,229	$2,200	$2,525
Naperville, IL	$1,325	$1,650	$2,325	$2,993

Top Neighborhoods Near 60647

There are a total of 24 neighborhoods in or near 60647. Some of these neighborhoods include South Shore, Edgewater, and Rogers Park. We've included all of these top 24 neighborhoods in or near 60647, Chicago, IL in the following table.

The average rent for these 24 neighborhoods in or near 60647, Chicago, IL is currently around $2,335 per month. A total of 14 neighborhoods have a lower average rent. Meaning, only ten neighborhoods have a higher average rent than $2,335. Interestingly, the neighborhoods' average rent is less than 60647's average rent, which is actually $2,415. Out of all the neighborhoods in or near 60647, South Shore has the most affordable average rent at $1,500 per month. Whereas, at $3,600 average rent per month, DePaul is the most expensive neighborhood in or near 60647. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
South Shore, Chicago, IL	$1,098	$1,150	$1,450	$1,500
Edgewater, Chicago, IL	$1,300	$1,600	$2,495	$1,600
Rogers Park, Chicago, IL	$1,325	$1,450	$1,995	$1,773
Uptown, Chicago, IL	$1,350	$1,700	$2,500	$1,900
Lawndale, Chicago, IL	$1,200	N/A	$1,700	$1,925
Hyde Park, Chicago, IL	$1,125	$1,500	$2,400	$1,950
West Rogers Park, Chicago, IL	$1,100	$1,500	$1,950	$1,976
Albany Park, Chicago, IL	$1,275	$1,560	$2,000	$1,998
Pilsen, Chicago, IL	$1,998	$1,500	$2,100	$2,100
Humboldt Park, Chicago, IL	$1,500	$1,725	$2,000	$2,200
Ravenswood, Chicago, IL	$1,400	$1,900	$2,695	$2,250
Jefferson Park, Chicago, IL	$1,345	$1,550	$2,275	$2,325
Logan Square, Chicago, IL	$1,548	$2,050	$2,450	$2,345
Lakeview, Chicago, IL	$1,520	$2,195	$3,125	$2,400
Bronzeville, Chicago, IL	$995	$1,650	$2,390	$2,563
West Loop, Chicago, IL	$2,100	$2,600	$3,625	$2,700
Lincoln Park, Chicago, IL	$1,850	$2,650	$3,950	$2,725
The Loop, Chicago, IL	$2,292	$2,538	$3,777	$2,750
South Loop, Chicago, IL	$2,154	$2,392	$3,300	$2,804
Bucktown, Chicago, IL	$2,166	$2,302	$3,400	$2,900
Near North Side, Chicago, IL	$2,155	$2,635	$4,000	$2,975
Near West Side, Chicago, IL	$2,250	$2,658	$3,711	$3,000
West Town, Chicago, IL	$2,517	$2,743	$3,750	$3,300
DePaul, Chicago, IL	$1,975	$2,600	$3,600	$3,600

Top Counties Near 60647

There are a total of 27 counties located by 60647, Chicago, IL. Some of these counties include Leyden, IL, Proviso, IL, and Lyons, IL. The average rent for rentals in these counties is $2,450. That's roughly around $24 per sqft. A total of 13 counties have a lower average rent. The county that is the most affordable is Worth, IL. Its average rent per month is $1,725. Vice versa, with an average rent of $3,200, Vernon, IL is the most expensive county by 60647, Chicago, IL.

Typically, rent for studios in 60647, Chicago, IL is 24.92% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 60647, Chicago, IL is 27.11% more expensive than other counties nearby. Finally, rent for two bedrooms in 60647, Chicago, IL is 19.23% more expensive than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Leyden, IL	N/A	$1,488	$1,898	$1,975
Proviso, IL	$1,295	$1,400	$1,875	$1,998
Lyons, IL	$1,650	$1,513	$1,850	$2,200
Oak Park, IL	$1,902	$1,725	$2,073	$2,295
Chicago, IL	$1,675	$2,233	$2,695	$2,395
York, IL	N/A	$1,800	$2,100	$2,473
Evanston, IL	$2,218	$1,963	$2,294	$2,500
Maine, IL	N/A	$1,600	$2,375	$2,600
Niles, IL	$1,195	$2,300	$2,325	$2,895
Northfield, IL	N/A	$1,550	$2,348	$2,963

Top Zipcodes Near 60647

There are a total of 37 zipcodes in or near 60647, Chicago, IL. The average rent for all of these zipcodes is $2,285. A total of 21 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60649, Chicago, IL at $1,500 per month. In comparison, the zipcode with the most expensive average rent of $3,102 per month is 60611, Chicago, IL.

Studios in these zipcodes have an average rent of $1,475. 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 60647, Chicago, IL is $1,750 per month. Or in other words, $31 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,300 per month. Which comes out to $27 per sqft. The following table includes the top 10 zipcodes in 60647, 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	$1,535	$2,100	$3,048	$2,323
60614, Chicago, IL	$1,850	$2,640	$3,895	$2,800
60613, Chicago, IL	$1,500	$2,250	$3,000	$2,597
60622, Chicago, IL	$2,378	$2,595	$2,800	$2,900
60640, Chicago, IL	$1,300	$1,795	$2,500	$1,900
60618, Chicago, IL	$1,475	$1,850	$2,175	$2,225
60611, Chicago, IL	$2,100	$2,600	$4,049	$3,102
60610, Chicago, IL	$2,000	$2,559	$3,800	$2,873
60626, Chicago, IL	$1,325	$1,450	$2,000	$1,750
60642, Chicago, IL	$1,873	$2,625	$3,250	$2,980

Frequently Asked Questions - 60647 Average Rents

What is the average rent price in 60647, Chicago, IL?

The average monthly rental price for 60647, Chicago, IL apartments for rent is approximately $2,415. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 60647, 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 60647, Chicago, IL.

How much is a studio apartment in 60647, Chicago, IL?

The average monthly rental price for studio apartments is $1,595 and an average price per square feet of $45.86. There are a total of 44 studio apartment listings currently available for rent in 60647.

How much is a one bedroom apartment in 60647, Chicago, IL?

The average monthly rental price for one bedroom apartments is $2,195 and an average price per square feet of $40.18. There are a total of 63 one bedroom apartment listings currently available for rent in 60647.

How much is a two bedroom apartment in 60647, Chicago, IL?

The average monthly rental price for two bedroom apartments is $2,600 and an average price per square feet of $30.38. There are a total of 85 two bedroom apartment listings currently available for rent in 60647.

How have rent prices in 60647, Chicago, IL changed this year?

Rent prices for rentals in 60647, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.10%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by 0.17%, three bedroom rental prices have changed by 0.20% year-over-year.

What is a reasonable rent price in 60647, Chicago, IL?

A reasonable rent price in 60647, Chicago, IL is around $1,932/month. You can search for these reasonably priced rental listings on RentHop.