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ZIP Code · IL

ZIP 60612

Part of Chicago, IL
Pop. 35,744·Cook County·50th most expensive ZIP in Illinois
Median rent (all units)
$2,397/mo
Year-over-Year
+3.0%
Month-over-Month
-0.4%
vs US Median
+$432
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 60612 · $2,397
More expensive than 76% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,530
1 BR
$1,630
2 BR
$1,840
3 BR
$2,370
4 BR+
$2,740
Research median
$1,840/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
$28,764/yr
At $2,397/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.0% YoY, -0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 60612 (Chicago, IL) is majority renter-occupied, has a median income below the national average, 43.6% of residents hold a bachelor's degree or higher.

Population
35,744
Median income
$60,922
Median age
34.3
Renters
68.8%
Age distribution
22.5%
28.8%
28.5%
Under 1822.5%
18–3428.8%
35–5428.5%
55–649.6%
65+10.6%
Gender
46.5%
53.5%
Male46.5%
Female53.5%
Race & ethnicity
24.5%
54.4%
15.3%
White24.5%
Black54.4%
Hispanic15.3%
Asian5.8%
Education (25+)
20.3%
26.4%
43.6%
No HS diploma9.7%
HS diploma20.3%
Some college26.4%
Bachelor's+43.6%
Housing tenure
31.2%
68.8%
Owner31.2%
Renter68.8%

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

2021 vs 2026

How ZIP 60612 in Chicago, IL has changed in 5 years

Rent
$1,758 → $2,397
up 36.3%
Income
$52,126 → $60,922
up 16.9%
Population
33,908 → 35,744
up 5.4%
Renter share
67.3% → 68.8%
+1.5 pts
Bachelor's+
39.5% → 43.6%
+4.1 pts

Since 2021, the typical rent in ZIP 60612 in Chicago, IL has climbed from $1,758 to $2,397, a 36.3% change over five years. Household income in the area moved from $52,126 to $60,922 across the same window, up 16.9% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 5.4% since 2021, moving from about 33,908 residents to roughly 35,744. Renters now make up 68.8% of households, compared with 67.3% five years ago. College-educated residents now make up 43.6% of adults here, versus 39.5% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 60612 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 60612

About renting in ZIP 60612

Last updated: July 20, 2026

ZIP code 60612 covers Chicago, IL. The median rent here is $2,397/mo as of July 2026. A 1-bedroom rents for a median of $1,630/mo. A 2-bedroom rents for a median of $1,840/mo.

At 47% of local median household income ($60,922/yr), ZIP 60612 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60612?

As of July 20, 2026, the median monthly rent in ZIP 60612 (Chicago, IL) is $2,397. This is based on aggregated data from public sources and community submissions.

How does ZIP 60612 rent compare to the US average?

ZIP 60612's median rent of $2,397/mo is $432 (22%) above the US national median of $1,965/mo.

How does ZIP 60612 compare to other ZIPs in Illinois?

ZIP 60612 is one of the pricier ZIP codes in Illinois, ranking #50 out of 230 ZIPs tracked at $2,397/mo.

How much income do you need to rent in ZIP 60612?

To keep rent at or below 30% of gross income, you would need to earn at least $96,000/year (~$46/hour full-time) to afford the median rent of $2,397/mo in ZIP 60612. The local median household income is $60,922/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 60612?

Rent in ZIP 60612 has increased 3.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 60612 an affordable place to rent?

ZIP 60612 is considered stretched for renters. At $2,397/mo, rent takes approximately 47% of the local median household income ($60,922/yr). The standard benchmark is 30%. ZIP 60612 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 60612 residents rent vs. own?

According to Census data, approximately 68.8% of ZIP 60612 households are renters, while 31.2% are owner-occupied. With a majority renter population, ZIP 60612 has a strong rental market.

How does ZIP 60612 compare to the rest of Chicago?

ZIP 60612 is more affordable than Chicago overall. At $2,397/mo, it's $12 below the Chicago citywide median of $2,409/mo.

When was rent data for ZIP 60612 last updated?

Rent data for ZIP 60612 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
47%
STRETCHED

At $2,397/mo, rent takes ~47% of ZIP 60612's median household income ($60,922/yr). The standard benchmark is 30%.

ZIP 60612 47%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60612 (Chicago, IL)

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