Average Rent in 60649, Chicago, IL

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Current Versus Historical 60649, Chicago, IL Rents

60649 rentals average $963 for a studio rental to $2,088 for a 4-bedroom rental. The median price of all currently available listings is $1,350, or roughly $1 per square feet.
For the apartment units and housing in March 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $179 (21.83%) year-over-year from $821 to $1,000. 1-bedroom rentals prices have increased by $137 (14.26%) year-over-year from $958 to $1,095. 2-bedroom rentals prices have increased by $78 (6.23%) year-over-year from $1,257 to $1,335. 3-bedroom rentals prices have decreased by $74 (-4.82%) year-over-year from $1,524 to $1,450. 4-bedroom rentals prices have decreased by $348 (-18.02%) year-over-year from $1,933 to $1,585. 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 11.11% this month. 1-bedroom rents have gone up by 3.30% this month. 2-bedroom rents have gone up by 3.49% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 9.17% this month.
Beds
Price / Sqft
Mar 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.30 $1,000 $821 (21.83%) $813 (23.08%)
1 BR $1.86 $1,095 $958 (14.26%) $917 (19.45%)
2 BR $1.36 $1,335 $1,257 (6.23%) $1,032 (29.40%)
3 BR $1.41 $1,450 $1,524 (-4.82%) $1,198 (21.00%)
4+ BR $1.00 $1,585 $1,933 (-18.02%) $1,399 (13.28%)

Historical Rents in 60649, Chicago, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 60649

There are a total of 5 cities nearby 60649. The average rent in 60649 is currently $2,125 per month. Our records show that Chicago, IL, with an average rent of $2,000, is the most affordable city nearby. In contrast, the most expensive city near 60649, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,525 per month.

Let's compare 60649, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 45.83% more affordable. Two bedrooms in 60649, Chicago, IL are about 64.29% more affordable. Finally, rent for three bedrooms are about 98.28% more affordable. Want more information? Check out the top 5 cities near 60649, Chicago, IL in the following chart.
City Studio 1 Bed 2 Bed All
Chicago, IL $1,280 $1,750 $2,300 $2,000
Schaumburg, IL N/A $1,995 $2,515 $2,043
Evanston, IL $1,195 $1,650 $2,200 $2,125
Wheaton, IL N/A $1,840 $2,350 $2,195
Naperville, IL N/A $1,675 $2,250 $2,525

Top Neighborhoods Near 60649

There are a total of 14 neighborhoods in or near 60649. Some of these neighborhoods include Rogers Park, Edgewater, and Uptown. We've included all of these top 14 neighborhoods in or near 60649, Chicago, IL in the following chart.

The average rent for these 14 neighborhoods in or near 60649, Chicago, IL is currently around $1,980 per month. Meaning, only fourteen neighborhoods have a higher average rent than $1,980. Interestingly, the neighborhoods' average rent is higher than 60649's average rent, which is only $1,350. Out of all the neighborhoods in or near 60649, Rogers Park has the most affordable average rent at $1,550 per month. Whereas, at $2,705 average rent per month, South Loop is the most expensive neighborhood in or near 60649. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Rogers Park, Chicago, IL $1,145 $1,338 $1,850 $1,550
Edgewater, Chicago, IL $1,100 $1,500 $2,275 $1,550
Uptown, Chicago, IL $1,095 $1,600 $2,200 $1,625
Ravenswood, Chicago, IL $1,220 $1,550 $2,550 $1,675
Albany Park, Chicago, IL $1,188 $1,495 $1,700 $1,700
West Rogers Park, Chicago, IL N/A $1,300 $1,700 $1,700
Humboldt Park, Chicago, IL N/A $1,550 $1,895 $1,975
Lincoln Park, Chicago, IL $1,450 $2,000 $3,300 $1,985
Logan Square, Chicago, IL $1,150 $1,793 $2,150 $2,045
Lakeview, Chicago, IL $1,325 $1,845 $2,585 $2,097
DePaul, Chicago, IL $1,545 $1,950 $2,398 $2,395
Bucktown, Chicago, IL $1,800 $2,400 $2,370 $2,500
Near North Side, Chicago, IL $1,860 $2,450 $3,530 $2,622
South Loop, Chicago, IL $1,698 $2,100 $3,000 $2,705

Top Counties Near 60649

There are a total of 14 counties located by 60649, Chicago, IL. Some of these counties include Chicago, IL, Schaumburg, IL, and Downers Grove, IL. The average rent for rentals in these counties is $2,123. That's roughly around $2 per sqft. The county that is the most affordable is Chicago, IL. It's average rent per month is $2,000. Vice versa, with an average rent of $2,600, Naperville, IL is the most expensive county by 60649, Chicago, IL.

In comparison, rent for one bedroom listings in 60649, Chicago, IL is 47.94% more affordable than other counties nearby. Finally, rent for two bedrooms in 60649, Chicago, IL is 64.29% more affordable than other counties nearby. We've listed the top 6 counties in the chart below.
County Studio 1 Bed 2 Bed All
Chicago, IL $1,280 $1,750 $2,300 $2,000
Schaumburg, IL N/A $1,988 $2,475 $2,043
Downers Grove, IL N/A $1,801 $2,198 $2,120
Evanston, IL $1,195 $1,650 $2,200 $2,125
Milton, IL N/A $1,840 $2,320 $2,180
Naperville, IL N/A $1,675 $2,300 $2,600

Top Zipcodes Near 60649

There are a total of 20 zipcodes in or near 60649, Chicago, IL. The average rent for all of these zipcodes is $2,151.

The following chart includes the top 10 zipcodes in 60649, 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 $1,335 $1,927 $2,650 $2,127
60647, Chicago, IL $1,150 $1,795 $2,250 $2,175
60613, Chicago, IL $1,273 $1,743 $2,500 $1,850
60640, Chicago, IL $1,095 $1,550 $2,275 $1,550
60614, Chicago, IL $1,525 $2,300 $2,873 $2,395
60610, Chicago, IL $1,855 $2,284 $3,383 $2,650
60625, Chicago, IL $1,175 $1,475 $2,073 $1,700
60626, Chicago, IL $1,148 $1,350 $1,850 $1,550
60660, Chicago, IL $1,123 $1,500 $1,925 $1,500
60618, Chicago, IL $1,348 $1,595 $2,165 $2,300

Frequently Asked Questions - 60649 Average Rents

What is the average rent price in 60649, Chicago, IL?
The average monthly rental price for 60649, Chicago, IL apartments for rent is approximately $1,350. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 60649, 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 60649, Chicago, IL.
How much is a studio apartment in 60649, Chicago, IL?
The average monthly rental price for studio apartments is $963 and an average price per square feet of $2.30. There are a total of 2 studio apartment listings currently available for rent in 60649.
How much is a one bedroom apartment in 60649, Chicago, IL?
The average monthly rental price for one bedroom apartments is $1,200 and an average price per square feet of $1.86. There are a total of 10 one bedroom apartment listings currently available for rent in 60649.
How much is a two bedroom apartment in 60649, Chicago, IL?
The average monthly rental price for two bedroom apartments is $1,400 and an average price per square feet of $1.36. There are a total of 7 two bedroom apartment listings currently available for rent in 60649.
How have rent prices in 60649, Chicago, IL changed this year?
Rent prices for rentals in 60649, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.22%, one bedroom rental prices have changed by 0.14%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by -0.05% year-over-year.
What is a reasonable rent price in 60649, Chicago, IL?
A reasonable rent price in 60649, Chicago, IL is around $1,080/month. You can search for these reasonably priced rental listings on RentHop.
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