Average Rent in 60653, Chicago, IL

Current Versus Historical 60653, Chicago, IL Rents

60653 rentals average $0 for a studio rental to $3,995 for a 4-bedroom rental. The median price of all currently available listings is $2,500, or roughly $2 per square feet.

For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $240 (34.44%) year-over-year from $697 to $938. 1-bedroom rentals prices have increased by $65 (4.25%) year-over-year from $1,530 to $1,595. 2-bedroom rentals prices have decreased by $69 (-3.60%) year-over-year from $1,919 to $1,850. 3-bedroom rentals prices have increased by $45 (1.83%) year-over-year from $2,455 to $2,500. 4-bedroom rentals prices have increased by $93 (3.42%) year-over-year from $2,708 to $2,800. 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 43.24% this month. 1-bedroom rents have gone down by 3.14% this month. 2-bedroom rents have gone down by 6.45% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone up by 17.89% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$2.47	$1,595	$1,530 (4.25%)	$1,500 (6.33%)
2 BR	$1.67	$1,850	$1,919 (-3.60%)	$1,565 (18.21%)
3 BR	$1.83	$2,500	$2,455 (1.83%)	$1,672 (49.55%)
4+ BR	$1.54	$2,800	$2,708 (3.42%)	$2,524 (10.93%)

Historical Rents in 60653, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 60653

There are a total of 5 cities nearby 60653. The average rent in 60653 is currently $2,100 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Evanston, IL, with an average rent of $1,975, is the most affordable city nearby. In contrast, the most expensive city near 60653, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,850 per month.

Let's compare 60653, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 30.66% more affordable. Two bedrooms in 60653, Chicago, IL are about 15.00% more affordable. Finally, rent for three bedrooms are about 3.81% more affordable. Want more information? Check out the top 5 cities near 60653, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Evanston, IL	$1,185	$1,640	$2,150	$1,975
Chicago, IL	$1,350	$1,790	$2,300	$2,020
Schaumburg, IL	N/A	$1,995	$2,350	$2,100
Wheaton, IL	N/A	$1,960	$2,320	$2,320
Naperville, IL	N/A	$1,650	$2,200	$2,850

Top Neighborhoods Near 60653

There are a total of 13 neighborhoods in or near 60653. Some of these neighborhoods include Edgewater, Uptown, and Rogers Park. We've included all of these top 13 neighborhoods in or near 60653, Chicago, IL in the following chart.

The average rent for these 13 neighborhoods in or near 60653, Chicago, IL is currently around $1,850 per month. A total of 11 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $1,850. Out of all the neighborhoods in or near 60653, Edgewater has the most affordable average rent at $1,550 per month. Whereas, at $2,786 average rent per month, South Loop is the most expensive neighborhood in or near 60653. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Edgewater, Chicago, IL	$1,120	$1,550	$2,250	$1,550
Uptown, Chicago, IL	$1,100	$1,600	$2,595	$1,600
Rogers Park, Chicago, IL	$1,125	$1,350	$1,850	$1,600
Ravenswood, Chicago, IL	$1,210	$1,595	$2,775	$1,645
West Rogers Park, Chicago, IL	$1,200	$1,350	$1,800	$1,698
Albany Park, Chicago, IL	$1,048	$1,420	$1,925	$1,800
Lincoln Park, Chicago, IL	$1,390	$1,900	$2,795	$1,850
Logan Square, Chicago, IL	$1,250	$1,795	$2,045	$1,898
Lakeview, Chicago, IL	$1,343	$1,895	$2,590	$2,091
Hyde Park, Chicago, IL	$1,250	$1,695	$1,899	$2,325
DePaul, Chicago, IL	$1,665	$2,290	$2,400	$2,395
Near North Side, Chicago, IL	$1,855	$2,399	$3,500	$2,576
South Loop, Chicago, IL	$1,700	$2,200	$3,000	$2,786

Top Counties Near 60653

There are a total of 13 counties located by 60653, Chicago, IL. Some of these counties include Evanston, IL, Chicago, IL, and Schaumburg, IL. The average rent for rentals in these counties is $2,141. That's roughly around $2 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is Evanston, IL. It's average rent per month is $1,975. Vice versa, with an average rent of $2,700, Naperville, IL is the most expensive county by 60653, Chicago, IL.

In comparison, rent for one bedroom listings in 60653, Chicago, IL is 32.04% more affordable than other counties nearby. Finally, rent for two bedrooms in 60653, Chicago, IL is 12.50% 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	$1,640	$2,150	$1,975
Chicago, IL	$1,350	$1,790	$2,300	$2,020
Schaumburg, IL	N/A	$1,995	$2,350	$2,093
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	$2,150	$2,700

Top Zipcodes Near 60653

There are a total of 20 zipcodes in or near 60653, Chicago, IL. The average rent for all of these zipcodes is $2,030. A total of 17 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60640, Chicago, IL at $1,550 per month. In comparison, the zipcode with the most expensive average rent of $2,800 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 60653, Chicago, IL is $1,774 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,394 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 60653, 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	$2,145	$2,000
60613, Chicago, IL	$1,298	$1,700	$2,550	$1,920
60640, Chicago, IL	$1,105	$1,595	$2,493	$1,550
60614, Chicago, IL	$1,660	$2,295	$2,873	$2,325
60610, Chicago, IL	$1,855	$2,300	$3,450	$2,653
60625, Chicago, IL	$1,100	$1,495	$2,100	$1,650
60626, Chicago, IL	$1,150	$1,375	$1,850	$1,600
60660, Chicago, IL	$1,120	$1,500	$1,973	$1,550
60618, Chicago, IL	$1,300	$1,488	$1,935	$1,950

Frequently Asked Questions - 60653 Average Rents

What is the average rent price in 60653, Chicago, IL?

The average monthly rental price for 60653, Chicago, IL apartments for rent is approximately $2,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 60653, 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 60653, Chicago, IL.

How much is a studio apartment in 60653, Chicago, IL?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in 60653.

How much is a one bedroom apartment in 60653, Chicago, IL?

The average monthly rental price for one bedroom apartments is $1,370 and an average price per square feet of $2.47. There are a total of 2 one bedroom apartment listings currently available for rent in 60653.

How much is a two bedroom apartment in 60653, Chicago, IL?

The average monthly rental price for two bedroom apartments is $2,000 and an average price per square feet of $1.67. There are a total of 6 two bedroom apartment listings currently available for rent in 60653.

How have rent prices in 60653, Chicago, IL changed this year?

Rent prices for rentals in 60653, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.34%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by -0.04%, and three bedroom rental prices have changed by 0.02% year-over-year.

What is a reasonable rent price in 60653, Chicago, IL?

A reasonable rent price in 60653, Chicago, IL is around $2,000/month. You can search for these reasonably priced rental listings on RentHop.