ZIP 60609
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12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 60609 usually run 1.2% below trend in December and 1.1% above it in July, about $38 a month apart at today's median. Based on 8 years of data.
Rent in ZIP 60609 is at its highest level since Zillow's records here began in April 2018.
Rent in ZIP 60609 changed +4.8% 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 60609 rose 26% while median household income rose 57.7% ($37,353 to $58,896). Income kept ahead of rent.
Rent in ZIP 60609 is 37.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 3 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($58,896) is $1,472 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,290); a 3-bedroom is $1,660.
13th cheapest of 51 ZIP codes in Chicago.
ZIP 60636, 3 miles away, rents for 12% less ($1,447/mo), about $2,300 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 60609. 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 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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 60609 in Chicago, IL has changed in 5 years
Since 2021, the typical rent in ZIP 60609 in Chicago, IL has climbed from $1,195 to $1,642, a 37.4% 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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Tips for renters in ZIP 60609
Last updated: October 17, 2026
ZIP code 60609 covers Chicago, IL. The median rent here is $1,642/mo as of October 2026. A 1-bedroom rents for a median of $1,140/mo. A 2-bedroom rents for a median of $1,290/mo.
At 33% of local median household income ($58,896/yr), ZIP 60609 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.8% over the past year.
Frequently asked questions
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How does ZIP 60609 compare to the rest of Chicago?
At $1,642/mo, rent takes ~33% of ZIP 60609's median household income ($58,896/yr). The standard benchmark is 30%.
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