RentDataNowRentDataNow
ZIP Code · IL

ZIP 60605

Part of Chicago, IL
Pop. 36,210·Cook County·20th most expensive ZIP in Illinois
Median rent (all units)
$2,651/mo
Year-over-Year
+4.2%
Month-over-Month
-0.9%
vs US Median
+$721
Falling (Monthly)
Be the first to discuss 60605 rents ↓
Most AffordableMost Expensive
ZIP 60605 · $2,651
More expensive than 84% of US ZIP codes · National median $1,930/mo
Rent check

Is your rent fair?

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

Loading…

Last updated: May 18, 2026

Annual cost
$31,812/yr
At $2,651/mo median
Location
StateIL
CountyCook County
Demographics

Who lives here

ZIP 60605 (Chicago, IL) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 82.9% of residents hold a bachelor's degree or higher.

Population
36,210
Median income
$123,922
Median age
31.5
Renters
57.7%
Age distribution
48.3%
24.4%
Under 188.5%
18–3448.3%
35–5424.4%
55–648.7%
65+10.1%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
52.1%
19.7%
17.2%
White52.1%
Black19.7%
Hispanic10.6%
Asian17.2%
Other0.5%
Education (25+)
82.9%
No HS diploma2.8%
HS diploma4.8%
Some college9.5%
Bachelor's+82.9%
Housing tenure
42.3%
57.7%
Owner42.3%
Renter57.7%

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

2021 vs 2026

How ZIP 60605 in Chicago, IL has changed in 5 years

Rent
$2,050 → $2,651
up 29.3%
Income
$112,162 → $123,922
up 10.5%
Population
32,077 → 36,210
up 12.9%
Renter share
54.5% → 57.7%
+3.2 pts
Bachelor's+
78.1% → 82.9%
+4.8 pts
Median age
34.1 → 31.5
-2.6 yrs

Since 2021, the typical rent in ZIP 60605 in Chicago, IL has climbed from $2,050 to $2,651, a 29.3% change over five years. Local incomes tracked alongside that move, going from a median of $112,162 in 2021 to $123,922 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 12.9% since 2021, moving from about 32,077 residents to roughly 36,210. Renters now make up 57.7% of households, compared with 54.5% five years ago. College-educated residents now make up 82.9% of adults here, versus 78.1% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 60605 in Chicago, IL market of 2021.

Community

Discussions about ZIP 60605

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 60605

About renting in ZIP 60605

Last updated: May 18, 2026

ZIP code 60605 covers Chicago, IL. The median rent here is $2,651/mo as of May 2026. A 1-bedroom rents for a median of $2,370/mo. A 2-bedroom rents for a median of $2,670/mo.

At 26% of local median household income ($123,922/yr), ZIP 60605 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60605?

As of May 18, 2026, the median monthly rent in ZIP 60605 (Chicago, IL) is $2,651. This is based on aggregated data from public sources and community submissions.

How does ZIP 60605 rent compare to the US average?

ZIP 60605's median rent of $2,651/mo is $721 (37%) above the US national median of $1,930/mo.

How does ZIP 60605 compare to other ZIPs in Illinois?

ZIP 60605 is one of the pricier ZIP codes in Illinois, ranking #20 out of 229 ZIPs tracked at $2,651/mo.

How much income do you need to rent in ZIP 60605?

To keep rent at or below 30% of gross income, you would need to earn at least $106,000/year (~$51/hour full-time) to afford the median rent of $2,651/mo in ZIP 60605. The local median household income is $123,922/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 60605?

Rent in ZIP 60605 has increased 4.2% over the past year as of May 18, 2026, putting upward pressure on renter budgets.

Is ZIP 60605 an affordable place to rent?

ZIP 60605 is considered affordable for renters. At $2,651/mo, rent takes approximately 26% of the local median household income ($123,922/yr). The standard benchmark is 30%. ZIP 60605 falls comfortably within that range.

What percentage of ZIP 60605 residents rent vs. own?

According to Census data, approximately 57.7% of ZIP 60605 households are renters, while 42.3% are owner-occupied. With a majority renter population, ZIP 60605 has a strong rental market.

How does ZIP 60605 compare to the rest of Chicago?

ZIP 60605 is pricier than Chicago as a whole. At $2,651/mo, it's $301 above the Chicago citywide median of $2,350/mo.

When was rent data for ZIP 60605 last updated?

Rent data for ZIP 60605 reflects May 18, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Affordability
26%
AFFORDABLE

At $2,651/mo, rent takes ~26% of ZIP 60605's median household income ($123,922/yr). The standard benchmark is 30%.

ZIP 60605 26%Benchmark 30%
State income tax4.95%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 60605 (Chicago, IL)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.