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ZIP Code · IL

ZIP 60614

Part of Chicago, IL
Pop. 70,693·Cook County·11th most expensive ZIP in Illinois
Median rent (all units)
$2,830/mo
Year-over-Year
+7.7%
Month-over-Month
Stable
vs US Median
+$865
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 60614 · $2,830
More expensive than 87% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,220
1 BR
$2,370
2 BR
$2,670
3 BR
$3,440
4 BR+
$3,980
Research median
$2,670/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
$33,960/yr
At $2,830/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.7% YoY, -0.0% MoM), not inventory.
Demographics

Who lives here

ZIP 60614 (Chicago, IL) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 87.2% of residents hold a bachelor's degree or higher.

Population
70,693
Median income
$136,448
Median age
31.1
Renters
55.9%
Age distribution
14.1%
45.9%
21.3%
Under 1814.1%
18–3445.9%
35–5421.3%
55–649.3%
65+9.4%
Gender
48%
52%
Male48%
Female52%
Race & ethnicity
78.9%
White78.9%
Black3%
Hispanic7.5%
Asian8.1%
Other2.6%
Education (25+)
87.2%
No HS diploma1.9%
HS diploma3.3%
Some college7.6%
Bachelor's+87.2%
Housing tenure
44.1%
55.9%
Owner44.1%
Renter55.9%

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

2021 vs 2026

How ZIP 60614 in Chicago, IL has changed in 5 years

Rent
$1,886 → $2,830
up 50.1%
Income
$123,610 → $136,448
up 10.4%
Population
72,119 → 70,693
down 2.0%
Renter share
54.7% → 55.9%
+1.2 pts
Bachelor's+
85.9% → 87.2%
+1.3 pts

Since 2021, the typical rent in ZIP 60614 in Chicago, IL has increased from $1,886 to $2,830, a 50.1% change over five years. Census figures show median household income at $136,448 today, compared with $123,610 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 2.0% since 2021, moving from about 72,119 residents to roughly 70,693. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

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About renting in ZIP 60614

Last updated: July 20, 2026

ZIP code 60614 covers Chicago, IL. The median rent here is $2,830/mo as of July 2026. A 1-bedroom rents for a median of $2,370/mo. A 2-bedroom rents for a median of $2,670/mo.

At 25% of local median household income ($136,448/yr), ZIP 60614 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60614?

As of July 20, 2026, the median monthly rent in ZIP 60614 (Chicago, IL) is $2,830. This is based on aggregated data from public sources and community submissions.

How does ZIP 60614 rent compare to the US average?

ZIP 60614's median rent of $2,830/mo is $865 (44%) above the US national median of $1,965/mo.

How does ZIP 60614 compare to other ZIPs in Illinois?

ZIP 60614 is one of the pricier ZIP codes in Illinois, ranking #11 out of 230 ZIPs tracked at $2,830/mo.

How much income do you need to rent in ZIP 60614?

To keep rent at or below 30% of gross income, you would need to earn at least $113,000/year (~$54/hour full-time) to afford the median rent of $2,830/mo in ZIP 60614. The local median household income is $136,448/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 60614?

Rent in ZIP 60614 has increased 7.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 60614 an affordable place to rent?

ZIP 60614 is considered affordable for renters. At $2,830/mo, rent takes approximately 25% of the local median household income ($136,448/yr). The standard benchmark is 30%. ZIP 60614 falls comfortably within that range.

What percentage of ZIP 60614 residents rent vs. own?

According to Census data, approximately 55.9% of ZIP 60614 households are renters, while 44.1% are owner-occupied. With a majority renter population, ZIP 60614 has a strong rental market.

How does ZIP 60614 compare to the rest of Chicago?

ZIP 60614 is pricier than Chicago as a whole. At $2,830/mo, it's $421 above the Chicago citywide median of $2,409/mo.

When was rent data for ZIP 60614 last updated?

Rent data for ZIP 60614 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $2,830/mo, rent takes ~25% of ZIP 60614's median household income ($136,448/yr). The standard benchmark is 30%.

ZIP 60614 25%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60614 (Chicago, IL)

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