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 $4,298 for a 4-bedroom rental. The median price of all currently available listings is $2,473, or roughly $33 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 increased by $41 (2.58%) year-over-year from $1,582 to $1,623. 1-bedroom rentals prices have decreased by $67 (-2.88%) year-over-year from $2,317 to $2,250. 2-bedroom rentals prices have increased by $317 (13.57%) year-over-year from $2,333 to $2,650. 3-bedroom rentals prices have increased by $452 (15.06%) year-over-year from $2,998 to $3,450. 4-bedroom rentals prices have decreased by $658 (-14.22%) year-over-year from $4,631 to $3,973. 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 4.69% this month. 2-bedroom rents have gone up by 2.09% this month. 3-bedroom rents have gone up by 6.21% this month. 4-bedroom rents have gone down by 7.00% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $43.48 $1,623 $1,582 (2.58%) $1,223 (32.63%)
1 BR $39.09 $2,250 $2,317 (-2.88%) $1,647 (36.64%)
2 BR $31.64 $2,650 $2,333 (13.57%) $2,032 (30.43%)
3 BR $29.06 $3,450 $2,998 (15.06%) $2,498 (38.14%)
4+ BR $23.97 $3,973 $4,631 (-14.22%) $3,315 (19.83%)

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 $2,349 per month. A total of 7 cities nearby have an average rent lower than that. Our records show that Berwyn, IL, with an average rent of $1,375, is the most affordable city nearby. In contrast, the most expensive city near 60647, Chicago, IL is Vernon Hills, IL. Monthly rents here are on average $2,775 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 31.03% more expensive than other cities nearby. One bedrooms are about 14.33% more expensive. Two bedrooms in 60647, Chicago, IL are about 11.36% more expensive. Finally, rent for three bedrooms are about 21.13% 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
Berwyn, IL $1,100 $1,238 $1,750 $1,375
Oak Park, IL $1,300 $1,700 $2,498 $2,300
Chicago, IL $1,595 $2,150 $2,425 $2,300
Schaumburg, IL N/A $2,034 $2,300 $2,300
Wheaton, IL N/A $2,126 $2,349 $2,349
Aurora, IL $1,275 $1,695 $2,199 $2,400
Evanston, IL $2,450 $2,250 $2,400 $2,550
Naperville, IL N/A $1,799 $2,399 $2,590
Skokie, IL N/A $1,650 $2,475 $2,600
Vernon Hills, IL N/A $1,913 $2,275 $2,775

Top Neighborhoods Near 60647

There are a total of 27 neighborhoods in or near 60647. Some of these neighborhoods include Englewood, South Shore, and Rogers Park. We've included all of these top 27 neighborhoods in or near 60647, Chicago, IL in the following table.

The average rent for these 27 neighborhoods in or near 60647, Chicago, IL is currently around $2,295 per month. A total of 17 neighborhoods have a lower average rent. Meaning, only ten neighborhoods have a higher average rent than $2,295. Interestingly, the neighborhoods' average rent is less than 60647's average rent, which is actually $2,473. Out of all the neighborhoods in or near 60647, 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 60647. 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 $1,400 $1,850 $1,650
Austin, Chicago, IL $1,063 $1,125 $1,800 $1,800
Lawndale, Chicago, IL N/A $1,450 $1,725 $1,800
Edgewater, Chicago, IL $1,500 $1,733 $2,588 $1,850
Albany Park, Chicago, IL $1,550 $1,463 $2,100 $1,925
Uptown, Chicago, IL $1,400 $1,785 $2,875 $2,000
Ravenswood, Chicago, IL $1,480 $1,950 $2,450 $2,023
Pilsen, Chicago, IL $2,650 $1,650 $1,900 $2,075
West Rogers Park, Chicago, IL N/A $1,595 $1,995 $2,095
Jefferson Park, Chicago, IL $1,375 $1,450 $2,100 $2,100
Woodlawn, Chicago, IL $1,575 $1,565 $1,798 $2,250
Logan Square, Chicago, IL $1,595 $2,095 $2,595 $2,295
Humboldt Park, Chicago, IL $1,500 $1,925 $2,150 $2,400
Far East, Aurora, IL N/A $1,829 $2,261 $2,401
Bronzeville, Chicago, IL $1,175 $1,673 $2,355 $2,445
Lakeview, Chicago, IL $1,595 $2,150 $3,100 $2,565
Lincoln Park, Chicago, IL $1,750 $2,500 $3,925 $2,595
University Village - Little Italy, Chicago, IL $1,169 $2,100 $2,700 $2,750
Near North Side, Chicago, IL $1,900 $2,550 $4,000 $2,800
South Loop, Chicago, IL $1,780 $2,350 $3,200 $2,900
The Loop, Chicago, IL $2,175 $2,500 $3,763 $2,909
West Town, Chicago, IL $2,350 $2,350 $2,800 $3,200
DePaul, Chicago, IL $1,915 $2,445 $3,435 $3,300
Near West Side, Chicago, IL N/A $2,900 $3,700 $3,400
Bucktown, Chicago, IL $2,363 $2,550 $3,100 $3,500

Top Counties Near 60647

There are a total of 26 counties located by 60647, Chicago, IL. Some of these counties include Berwyn, IL, Lyons, IL, and Proviso, IL. The average rent for rentals in these counties is $2,400. That's roughly around $24 per sqft. A total of 16 counties have a lower average rent. The county that is the most affordable is Berwyn, IL. Its average rent per month is $1,375. Vice versa, with an average rent of $3,500, Northfield, IL is the most expensive county by 60647, Chicago, IL.

Typically, rent for studios in 60647, Chicago, IL is 31.03% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 60647, Chicago, IL is 22.02% more expensive than other counties nearby. Finally, rent for two bedrooms in 60647, Chicago, IL is 13.30% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Berwyn, IL $1,100 $1,238 $1,750 $1,375
Lyons, IL N/A $1,295 $1,700 $1,900
Proviso, IL $1,110 $1,400 $1,950 $2,000
Leyden, IL $1,295 $1,400 $2,513 $2,275
Oak Park, IL $1,300 $1,700 $2,498 $2,300
Chicago, IL $1,595 $2,150 $2,425 $2,300
Maine, IL $1,200 $1,573 $1,850 $2,400
Evanston, IL $2,450 $2,250 $2,400 $2,550
Niles, IL N/A $1,700 $2,500 $2,800
New Trier, IL $1,595 $1,733 $2,995 $3,450

Top Zipcodes Near 60647

There are a total of 34 zipcodes in or near 60647, Chicago, IL. The average rent for all of these zipcodes is $2,340. 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 60402, Berwyn, IL at $1,350 per month. In comparison, the zipcode with the most expensive average rent of $3,300 per month is 60607, Chicago, IL.

Studios in these zipcodes have an average rent of $1,465. 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 60647, Chicago, IL is $1,800 per month. Or in other words, $29 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,413 per month. Which comes out to $28 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 $1,627 $2,150 $3,125 $2,450
60614, Chicago, IL $1,845 $2,500 $3,600 $2,895
60613, Chicago, IL $1,595 $2,150 $3,095 $2,695
60622, Chicago, IL $1,800 $2,225 $2,700 $3,100
60640, Chicago, IL $1,480 $1,800 $2,525 $1,950
60618, Chicago, IL $1,435 $1,798 $2,425 $2,380
60611, Chicago, IL $2,200 $2,500 $4,200 $2,756
60610, Chicago, IL $1,648 $2,500 $3,839 $2,557
60626, Chicago, IL $1,195 $1,400 $1,850 $1,595
60642, Chicago, IL $2,925 $2,387 $3,025 $3,200

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 $2,473. 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 $43.48. There are a total of 33 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 $2,100 and an average price per square feet of $39.09. There are a total of 56 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 $2,650 and an average price per square feet of $31.64. There are a total of 83 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 0.03%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by 0.14%, three bedroom rental prices have changed by 0.15% year-over-year.
What is a reasonable rent price in 60647, Chicago, IL?
A reasonable rent price in 60647, Chicago, IL is around $1,978/month. You can search for these reasonably priced rental listings on RentHop.
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