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ZIP Code · IL

ZIP 60608

Part of Chicago, IL
Pop. 80,737·Cook County·115th most expensive ZIP in Illinois
Median rent (all units)
$1,878/mo
Year-over-Year
+5.3%
Month-over-Month
-0.8%
vs US Median
-$87
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 60608 · $1,878
More expensive than 53% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,250
1 BR
$1,330
2 BR
$1,500
3 BR
$1,930
4 BR+
$2,230
Research median
$1,500/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
$22,536/yr
At $1,878/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (5.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+5.3% YoY, -0.8% MoM), not inventory.
Demographics

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.

Population
80,737
Median income
$73,366
Median age
34.5
Renters
60.8%
Age distribution
15.8%
35.4%
26.6%
Under 1815.8%
18–3435.4%
35–5426.6%
55–6410.5%
65+11.6%
Gender
55.4%
44.6%
Male55.4%
Female44.6%
Race & ethnicity
25.6%
16.8%
48%
13.8%
White25.6%
Black16.8%
Hispanic48%
Asian13.8%
Education (25+)
22.7%
21.7%
20.2%
35.4%
No HS diploma22.7%
HS diploma21.7%
Some college20.2%
Bachelor's+35.4%
Housing tenure
39.2%
60.8%
Owner39.2%
Renter60.8%

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

2021 vs 2026

How ZIP 60608 in Chicago, IL has changed in 5 years

Rent
$1,406 → $1,878
up 33.6%
Income
$61,490 → $73,366
up 19.3%
Population
83,689 → 80,737
down 3.5%
Renter share
60.5% → 60.8%
+0.3 pts
Bachelor's+
30.4% → 35.4%
+5.0 pts
Median age
33.4 → 34.5
+1.1 yrs

The median rent in ZIP 60608 in Chicago, IL stood at $1,406 in 2021 and currently runs about $1,878, reflecting a 33.6% 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.

Community

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Local insights

Tips for renters in ZIP 60608

About renting in ZIP 60608

Last updated: July 20, 2026

ZIP code 60608 covers Chicago, IL. The median rent here is $1,878/mo as of July 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 5.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60608?

As of July 20, 2026, the median monthly rent in ZIP 60608 (Chicago, IL) is $1,878. This is based on aggregated data from public sources and community submissions.

How does ZIP 60608 rent compare to the US average?

ZIP 60608's median rent of $1,878/mo is $87 (4%) below the US national median of $1,965/mo.

How does ZIP 60608 compare to other ZIPs in Illinois?

ZIP 60608 falls in the middle range for Illinois, ranking #115 out of 230 ZIPs at $1,878/mo.

How much income do you need to rent in ZIP 60608?

To keep rent at or below 30% of gross income, you would need to earn at least $75,000/year (~$36/hour full-time) to afford the median rent of $1,878/mo in ZIP 60608. The local median household income is $73,366/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 60608?

Rent in ZIP 60608 has increased 5.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 60608 an affordable place to rent?

ZIP 60608 is considered moderate for renters. At $1,878/mo, rent takes approximately 31% of the local median household income ($73,366/yr). The standard benchmark is 30%. ZIP 60608 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 60608 residents rent vs. own?

According to Census data, approximately 60.8% of ZIP 60608 households are renters, while 39.2% are owner-occupied. With a majority renter population, ZIP 60608 has a strong rental market.

How does ZIP 60608 compare to the rest of Chicago?

ZIP 60608 is more affordable than Chicago overall. At $1,878/mo, it's $531 below the Chicago citywide median of $2,409/mo.

When was rent data for ZIP 60608 last updated?

Rent data for ZIP 60608 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
31%
MODERATE

At $1,878/mo, rent takes ~31% of ZIP 60608's median household income ($73,366/yr). The standard benchmark is 30%.

ZIP 60608 31%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60608 (Chicago, IL)

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