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ZIP Code · IL

ZIP 60609

Part of Chicago, IL
Pop. 62,028·Cook County·155th most expensive ZIP in Illinois
Median rent (all units)
$1,569/mo
Year-over-Year
+1.2%
Month-over-Month
-3.4%
vs US Median
-$396
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 60609 · $1,569
More affordable than 69% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,070
1 BR
$1,140
2 BR
$1,290
3 BR
$1,660
4 BR+
$1,920
Research median
$1,290/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
$18,828/yr
At $1,569/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 1.2% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+1.2% YoY, -3.4% MoM), not inventory.
Demographics

Who lives here

ZIP 60609 (Chicago, IL) is majority renter-occupied, has a median income below the national average, 20.1% of residents hold a bachelor's degree or higher.

Population
62,028
Median income
$58,896
Median age
36.2
Renters
57.8%
Age distribution
24.7%
23.6%
29%
12.1%
Under 1824.7%
18–3423.6%
35–5429%
55–6410.7%
65+12.1%
Gender
51%
49%
Male51%
Female49%
Race & ethnicity
20%
22.9%
56.6%
White20%
Black22.9%
Hispanic56.6%
Asian6.4%
Education (25+)
23.3%
31.3%
25.2%
20.1%
No HS diploma23.3%
HS diploma31.3%
Some college25.2%
Bachelor's+20.1%
Housing tenure
42.2%
57.8%
Owner42.2%
Renter57.8%

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

2021 vs 2026

How ZIP 60609 in Chicago, IL has changed in 5 years

Rent
$1,127 → $1,569
up 39.2%
Income
$43,048 → $58,896
up 36.8%
Population
61,861 → 62,028
up 0.3%
Renter share
62.3% → 57.8%
-4.5 pts
Bachelor's+
17.4% → 20.1%
+2.7 pts
Median age
34.9 → 36.2
+1.3 yrs

Since 2021, the typical rent in ZIP 60609 in Chicago, IL has climbed from $1,127 to $1,569, a 39.2% change over five years. Median household income rose from $43,048 to $58,896 between 2021 and 2024, a 36.8% shift. Renters now make up 57.8% of households, compared with 62.3% five years ago. College-educated residents now make up 20.1% of adults here, versus 17.4% in 2021. Taken together, the five-year picture in ZIP 60609 in Chicago, IL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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Local insights

Tips for renters in ZIP 60609

About renting in ZIP 60609

Last updated: July 20, 2026

ZIP code 60609 covers Chicago, IL. The median rent here is $1,569/mo as of July 2026. A 1-bedroom rents for a median of $1,140/mo. A 2-bedroom rents for a median of $1,290/mo.

At 32% of local median household income ($58,896/yr), ZIP 60609 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60609?

As of July 20, 2026, the median monthly rent in ZIP 60609 (Chicago, IL) is $1,569. This is based on aggregated data from public sources and community submissions.

How does ZIP 60609 rent compare to the US average?

ZIP 60609's median rent of $1,569/mo is $396 (20%) below the US national median of $1,965/mo.

How does ZIP 60609 compare to other ZIPs in Illinois?

ZIP 60609 is among the more affordable ZIP codes in Illinois, ranking #155 out of 230 ZIPs at $1,569/mo.

How much income do you need to rent in ZIP 60609?

To keep rent at or below 30% of gross income, you would need to earn at least $63,000/year (~$30/hour full-time) to afford the median rent of $1,569/mo in ZIP 60609. The local median household income is $58,896/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 60609?

Rent in ZIP 60609 has increased 1.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 60609 an affordable place to rent?

ZIP 60609 is considered moderate for renters. At $1,569/mo, rent takes approximately 32% of the local median household income ($58,896/yr). The standard benchmark is 30%. ZIP 60609 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 60609 residents rent vs. own?

According to Census data, approximately 57.8% of ZIP 60609 households are renters, while 42.2% are owner-occupied. With a majority renter population, ZIP 60609 has a strong rental market.

How does ZIP 60609 compare to the rest of Chicago?

ZIP 60609 is more affordable than Chicago overall. At $1,569/mo, it's $840 below the Chicago citywide median of $2,409/mo.

When was rent data for ZIP 60609 last updated?

Rent data for ZIP 60609 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
32%
MODERATE

At $1,569/mo, rent takes ~32% of ZIP 60609's median household income ($58,896/yr). The standard benchmark is 30%.

ZIP 60609 32%Benchmark 30%
State income tax4.95%
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Public schools near ZIP 60609 (Chicago, IL)

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