ZIP 60608
Is your rent fair?
Compare your rent to the local median.
Rent by unit size
Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 60608 usually run 1.6% below trend in December and 1.4% above it in June, about $57 a month apart at today's median. Based on 9 years of data.
Rent in ZIP 60608 is at its highest level since Zillow's records here began in December 2015.
Rent in ZIP 60608 changed +4.9% over the year to September 2026. Across the 172 Illinois ZIP codes Zillow tracks, the typical change was +4.7%.
From 2019 to 2024, rent in ZIP 60608 rose 24.5% while median household income rose 46.3% ($50,133 to $73,366). Income kept ahead of rent.
Rent in ZIP 60608 is 34.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 2 months in a row, and rose in 10 of the last 12 months.
30% of the median household income ($73,366) is $1,834 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,500); a 3-bedroom is $1,930.
28th cheapest of 51 ZIP codes in Chicago.
ZIP 60623, 2 miles away, rents for 17% less ($1,581/mo), about $4,000 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 60608. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Who lives here
ZIP 60608 (Chicago, IL) is majority renter-occupied, skews toward younger working-age adults, 35.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 60608 in Chicago, IL has changed in 5 years
The median rent in ZIP 60608 in Chicago, IL stood at $1,416 in 2021 and currently runs about $1,914, reflecting a 35.2% increase over the period. Household income in the area moved from $61,490 to $73,366 across the same window, up 19.3% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 3.5% since 2021, moving from about 83,689 residents to roughly 80,737. College-educated residents now make up 35.4% of adults here, versus 30.4% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 60608 in Chicago, IL look reasonable against where the market sat half a decade ago.
Discussions about ZIP 60608
No discussions yet. Start the conversation.
Tips for renters in ZIP 60608
Last updated: October 17, 2026
ZIP code 60608 covers Chicago, IL. The median rent here is $1,914/mo as of October 2026. A 1-bedroom rents for a median of $1,330/mo. A 2-bedroom rents for a median of $1,500/mo.
At 31% of local median household income ($73,366/yr), ZIP 60608 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.9% over the past year.
Frequently asked questions
How much income do you need to rent in ZIP 60608?
Is rent going up or down in ZIP 60608?
When is the cheapest time to rent in ZIP 60608?
Has rent outpaced income in ZIP 60608?
How does ZIP 60608 compare to other ZIPs in Illinois?
How does ZIP 60608 compare to the rest of Chicago?
At $1,914/mo, rent takes ~31% of ZIP 60608's median household income ($73,366/yr). The standard benchmark is 30%.
How does this area stack up?
Pick another city or ZIP to compare.
Be the first to submit your rent for this ZIP.
No discussions yet.