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ZIP Code · IL

ZIP 60603

Part of Chicago, IL
Pop. 1,298·Cook County·54th most expensive ZIP in Illinois
Median rent (all units)
$2,361/mo
Year-over-Year
+9.5%
Month-over-Month
+2.9%
vs US Median
+$396
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 60603 · $2,361
More expensive than 75% 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
$28,332/yr
At $2,361/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.5% YoY, +2.9% MoM), not inventory.
Demographics

Who lives here

ZIP 60603 (Chicago, IL) is majority owner-occupied, skews toward younger working-age adults, has a median income above the national average, 94.8% of residents hold a bachelor's degree or higher.

Population
1,298
Median income
$133,545
Median age
33.1
Renters
42.4%
Age distribution
52.5%
20%
15.1%
Under 184.9%
18–3452.5%
35–5420%
55–647.5%
65+15.1%
Gender
51.6%
48.4%
Male51.6%
Female48.4%
Race & ethnicity
65.9%
24.1%
White65.9%
Black5.3%
Hispanic4.5%
Asian24.1%
Education (25+)
94.8%
Some college5.2%
Bachelor's+94.8%
Housing tenure
57.6%
42.4%
Owner57.6%
Renter42.4%

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

2021 vs 2026

How ZIP 60603 in Chicago, IL has changed in 5 years

Income
$114,394 → $133,545
up 16.7%
Population
1,275 → 1,298
up 1.8%
Renter share
33.8% → 42.4%
+8.6 pts
Bachelor's+
93.2% → 94.8%
+1.6 pts
Median age
33.7 → 33.1
-0.6 yrs

Census figures show median household income at $133,545 today, compared with $114,394 five years earlier. Headcount in the area went from 1,275 to 1,298 between 2021 and 2024, a 1.8% change. About 42.4% of households rent today, against 33.8% in 2021.

Community

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Local insights

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About renting in ZIP 60603

Last updated: July 20, 2026

ZIP code 60603 covers Chicago, IL. The median rent here is $2,361/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 21% of local median household income ($133,545/yr), ZIP 60603 ranks as affordable compared to the national benchmark of 30%. Rents have increased 9.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60603?

As of July 20, 2026, the median monthly rent in ZIP 60603 (Chicago, IL) is $2,361. This is based on aggregated data from public sources and community submissions.

How does ZIP 60603 rent compare to the US average?

ZIP 60603's median rent of $2,361/mo is $396 (20%) above the US national median of $1,965/mo.

How does ZIP 60603 compare to other ZIPs in Illinois?

ZIP 60603 is one of the pricier ZIP codes in Illinois, ranking #54 out of 230 ZIPs tracked at $2,361/mo.

How much income do you need to rent in ZIP 60603?

To keep rent at or below 30% of gross income, you would need to earn at least $94,000/year (~$45/hour full-time) to afford the median rent of $2,361/mo in ZIP 60603. The local median household income is $133,545/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 60603?

Rent in ZIP 60603 has increased 9.5% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 60603 an affordable place to rent?

ZIP 60603 is considered very affordable for renters. At $2,361/mo, rent takes approximately 21% of the local median household income ($133,545/yr). The standard benchmark is 30%. ZIP 60603 falls comfortably within that range.

What percentage of ZIP 60603 residents rent vs. own?

According to Census data, approximately 42.4% of ZIP 60603 households are renters, while 57.6% are owner-occupied. ZIP 60603 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 60603 compare to the rest of Chicago?

ZIP 60603 is more affordable than Chicago overall. At $2,361/mo, it's $48 below the Chicago citywide median of $2,409/mo.

When was rent data for ZIP 60603 last updated?

Rent data for ZIP 60603 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $2,361/mo, rent takes ~21% of ZIP 60603's median household income ($133,545/yr). The standard benchmark is 30%.

ZIP 60603 21%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60603 (Chicago, IL)

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