ZIP Code · IL

ZIP 60603

Part of Chicago, IL

Pop. 1,298·Cook County·45th most expensive ZIP in Illinois

Median rent (all units)

$2,382/mo

Year-over-Year

+5.5%

Month-over-Month

+0.3%

vs US Median

+$450

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 60603 · $2,382

More expensive than 76% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Illinois

Rent in ZIP 60603 changed +5.5% over the year to September 2026. Across the 172 Illinois ZIP codes Zillow tracks, the typical change was +4.7%.

Recent direction

Rent has risen 4 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($133,545) is $3,339 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,670); a 3-bedroom is $3,440.

Rank in Chicago

38th cheapest of 51 ZIP codes in Chicago.

Cheaper nearby

ZIP 60616, 2 miles away, rents for 22% less ($1,857/mo), about $6,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60603. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$28,584/yr

At $2,382/mo median

Location

CityChicago

StateIL

CountyCook County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (5.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+5.5% YoY, +0.3% 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: October 17, 2026

ZIP code 60603 covers Chicago, IL. The median rent here is $2,382/mo as of October 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 5.5% over the past year.

FAQ

Frequently asked questions

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 $95,000/year (about $46/hour full-time) to afford the median rent of $2,382/mo in ZIP 60603. The local median household income is $133,545/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 60603?

Rent in ZIP 60603 has risen 5.5% over the past year.

How does ZIP 60603 compare to other ZIPs in Illinois?

ZIP 60603 is one of the pricier among Illinois ZIP codes for rent, ranking #45 of 227 at $2,382/mo. Over the year to September 2026, rent in ZIP 60603 changed +5.5%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.