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ZIP Code · IL

ZIP 60601

Part of Chicago, IL
Pop. 15,235·Cook County·6th most expensive ZIP in Illinois
Median rent (all units)
$2,985/mo
Year-over-Year
+10.8%
Month-over-Month
-0.7%
vs US Median
+$1,020
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 60601 · $2,985
More expensive than 90% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,220
1 BR
$2,370
2 BR
$2,670
3 BR
$3,440
4 BR+
$3,980
Research median
$2,670/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$35,820/yr
At $2,985/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.8% YoY, -0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 60601 (Chicago, IL) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 83.9% of residents hold a bachelor's degree or higher.

Population
15,235
Median income
$121,458
Median age
33.4
Renters
71.8%
Age distribution
46.4%
23.4%
Under 188.3%
18–3446.4%
35–5423.4%
55–6410%
65+11.9%
Gender
46.3%
53.7%
Male46.3%
Female53.7%
Race & ethnicity
51.3%
28.8%
White51.3%
Black9.1%
Hispanic7.3%
Asian28.8%
Other3.6%
Education (25+)
83.9%
No HS diploma4.6%
HS diploma0.7%
Some college10.8%
Bachelor's+83.9%
Housing tenure
28.2%
71.8%
Owner28.2%
Renter71.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 60601 in Chicago, IL has changed in 5 years

Rent
$2,085 → $2,985
up 43.2%
Income
$123,115 → $121,458
down 1.3%
Population
14,804 → 15,235
up 2.9%
Renter share
69.1% → 71.8%
+2.7 pts
Bachelor's+
88% → 83.9%
-4.1 pts
Median age
32.5 → 33.4
+0.9 yrs

Compared with 2021, rent in ZIP 60601 in Chicago, IL has increased by $900 per month, settling near $2,985 after starting the period at $2,085. Median household income fell from $123,115 to $121,458 between 2021 and 2024, a 1.3% shift. Rent outpaced income growth by roughly 44.5 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 14,804 to 15,235 between 2021 and 2024, a 2.9% change. About 71.8% of households rent today, against 69.1% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 88% to 83.9%. Taken together, the five-year picture in ZIP 60601 in Chicago, IL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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Local insights

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About renting in ZIP 60601

Last updated: July 20, 2026

ZIP code 60601 covers Chicago, IL. The median rent here is $2,985/mo as of July 2026. A 1-bedroom rents for a median of $2,370/mo. A 2-bedroom rents for a median of $2,670/mo.

At 29% of local median household income ($121,458/yr), ZIP 60601 ranks as affordable compared to the national benchmark of 30%. Rents have increased 10.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60601?

As of July 20, 2026, the median monthly rent in ZIP 60601 (Chicago, IL) is $2,985. This is based on aggregated data from public sources and community submissions.

How does ZIP 60601 rent compare to the US average?

ZIP 60601's median rent of $2,985/mo is $1,020 (52%) above the US national median of $1,965/mo.

How does ZIP 60601 compare to other ZIPs in Illinois?

ZIP 60601 is one of the pricier ZIP codes in Illinois, ranking #6 out of 230 ZIPs tracked at $2,985/mo.

How much income do you need to rent in ZIP 60601?

To keep rent at or below 30% of gross income, you would need to earn at least $119,000/year (~$57/hour full-time) to afford the median rent of $2,985/mo in ZIP 60601. The local median household income is $121,458/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 60601?

Rent in ZIP 60601 has increased 10.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 60601 an affordable place to rent?

ZIP 60601 is considered affordable for renters. At $2,985/mo, rent takes approximately 29% of the local median household income ($121,458/yr). The standard benchmark is 30%. ZIP 60601 falls comfortably within that range.

What percentage of ZIP 60601 residents rent vs. own?

According to Census data, approximately 71.8% of ZIP 60601 households are renters, while 28.2% are owner-occupied. With a majority renter population, ZIP 60601 has a strong rental market.

How does ZIP 60601 compare to the rest of Chicago?

ZIP 60601 is pricier than Chicago as a whole. At $2,985/mo, it's $576 above the Chicago citywide median of $2,409/mo.

When was rent data for ZIP 60601 last updated?

Rent data for ZIP 60601 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $2,985/mo, rent takes ~29% of ZIP 60601's median household income ($121,458/yr). The standard benchmark is 30%.

ZIP 60601 29%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60601 (Chicago, IL)

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