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ZIP Code · IL

ZIP 60606

Part of Chicago, IL
Pop. 3,840·Cook County·16th most expensive ZIP in Illinois
Median rent (all units)
$2,759/mo
Year-over-Year
+5.9%
Month-over-Month
-0.5%
vs US Median
+$794
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 60606 · $2,759
More expensive than 85% 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
$33,108/yr
At $2,759/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (5.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+5.9% YoY, -0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 60606 (Chicago, IL) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 93.6% of residents hold a bachelor's degree or higher.

Population
3,840
Median income
$128,609
Median age
33.4
Renters
70.4%
Age distribution
50.4%
33.7%
Under 181.9%
18–3450.4%
35–5433.7%
55–6410.8%
65+3.2%
Gender
57.6%
42.4%
Male57.6%
Female42.4%
Race & ethnicity
55%
29.5%
White55%
Black2.9%
Hispanic11.2%
Asian29.5%
Other1.4%
Education (25+)
93.6%
Some college6%
Bachelor's+93.6%
Housing tenure
29.6%
70.4%
Owner29.6%
Renter70.4%

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

2021 vs 2026

How ZIP 60606 in Chicago, IL has changed in 5 years

Rent
$2,040 → $2,759
up 35.2%
Income
$130,196 → $128,609
down 1.2%
Population
3,298 → 3,840
up 16.4%
Renter share
63.3% → 70.4%
+7.1 pts
Bachelor's+
91.8% → 93.6%
+1.8 pts
Median age
37.3 → 33.4
-3.9 yrs

The median rent in ZIP 60606 in Chicago, IL stood at $2,040 in 2021 and currently runs about $2,759, reflecting a 35.2% increase over the period. Census figures show median household income at $128,609 today, compared with $130,196 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 16.4% since 2021, moving from about 3,298 residents to roughly 3,840. Renters now make up 70.4% of households, compared with 63.3% five years ago. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

Tips for renters in ZIP 60606

About renting in ZIP 60606

Last updated: July 20, 2026

ZIP code 60606 covers Chicago, IL. The median rent here is $2,759/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 26% of local median household income ($128,609/yr), ZIP 60606 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60606?

As of July 20, 2026, the median monthly rent in ZIP 60606 (Chicago, IL) is $2,759. This is based on aggregated data from public sources and community submissions.

How does ZIP 60606 rent compare to the US average?

ZIP 60606's median rent of $2,759/mo is $794 (40%) above the US national median of $1,965/mo.

How does ZIP 60606 compare to other ZIPs in Illinois?

ZIP 60606 is one of the pricier ZIP codes in Illinois, ranking #16 out of 230 ZIPs tracked at $2,759/mo.

How much income do you need to rent in ZIP 60606?

To keep rent at or below 30% of gross income, you would need to earn at least $110,000/year (~$53/hour full-time) to afford the median rent of $2,759/mo in ZIP 60606. The local median household income is $128,609/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 60606?

Rent in ZIP 60606 has increased 5.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 60606 an affordable place to rent?

ZIP 60606 is considered affordable for renters. At $2,759/mo, rent takes approximately 26% of the local median household income ($128,609/yr). The standard benchmark is 30%. ZIP 60606 falls comfortably within that range.

What percentage of ZIP 60606 residents rent vs. own?

According to Census data, approximately 70.4% of ZIP 60606 households are renters, while 29.6% are owner-occupied. With a majority renter population, ZIP 60606 has a strong rental market.

How does ZIP 60606 compare to the rest of Chicago?

ZIP 60606 is pricier than Chicago as a whole. At $2,759/mo, it's $350 above the Chicago citywide median of $2,409/mo.

When was rent data for ZIP 60606 last updated?

Rent data for ZIP 60606 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $2,759/mo, rent takes ~26% of ZIP 60606's median household income ($128,609/yr). The standard benchmark is 30%.

ZIP 60606 26%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60606 (Chicago, IL)

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