ZIP Code · IL

ZIP 60615

Part of Chicago, IL
Pop. 42,975·Cook County·115th most expensive ZIP in Illinois
Median rent (all units)
$1,855/mo
Year-over-Year
+4.4%
Month-over-Month
+0.6%
vs US Median
-$77
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 60615 · $1,855
More expensive than 53% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,790
1 BR
$1,920
2 BR
$2,160
3 BR
$2,780
4 BR+
$3,220
Research median
$2,160/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 60615 usually run 0.9% below trend in January and 0.5% above it in June, about $26 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 60615 is at its highest level since Zillow's records here began in March 2015.

Past year vs. the rest of Illinois

Rent in ZIP 60615 changed +4.4% over the year to September 2026. Across the 172 Illinois ZIP codes Zillow tracks, the typical change was +4.7%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 60615 rose 18.8% while median household income rose 41.7% ($45,077 to $63,876). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 60615 is 28% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 8 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($63,876) is $1,597 a month. That is less than HUD's Fair Market Rent for a studio ($1,790).

Rank in Chicago

23rd cheapest of 51 ZIP codes in Chicago.

Cheaper nearby

ZIP 60621, 3 miles away, rents for 12% less ($1,625/mo), about $2,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60615. 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.

Annual cost
$22,260/yr
At $1,855/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.4% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 60615 (Chicago, IL) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 63.4% of residents hold a bachelor's degree or higher.

Population
42,975
Median income
$63,876
Median age
34.8
Renters
67.8%
Age distribution
16.2%
34.2%
26.1%
13.7%
Under 1816.2%
18–3434.2%
35–5426.1%
55–649.9%
65+13.7%
Gender
45.9%
54.1%
Male45.9%
Female54.1%
Race & ethnicity
25.4%
53.4%
White25.4%
Black53.4%
Hispanic6.3%
Asian9.3%
Other5.5%
Education (25+)
18.9%
63.4%
No HS diploma5.9%
HS diploma11.7%
Some college18.9%
Bachelor's+63.4%
Housing tenure
32.2%
67.8%
Owner32.2%
Renter67.8%

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

2021 vs 2026

How ZIP 60615 in Chicago, IL has changed in 5 years

Rent
$1,452 → $1,855
up 27.8%
Income
$51,179 → $63,876
up 24.8%
Population
41,767 → 42,975
up 2.9%
Renter share
69.7% → 67.8%
-1.9 pts
Bachelor's+
62.1% → 63.4%
+1.3 pts
Median age
35.3 → 34.8
-0.5 yrs

The median rent in ZIP 60615 in Chicago, IL stood at $1,452 in 2021 and currently runs about $1,855, reflecting a 27.8% increase over the period. Local incomes tracked alongside that move, going from a median of $51,179 in 2021 to $63,876 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 2.9% since 2021, moving from about 41,767 residents to roughly 42,975. Renters now make up 67.8% of households, compared with 69.7% five years ago. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 60615 in Chicago, IL market of 2021.

Community

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About renting in ZIP 60615

Last updated: October 17, 2026

ZIP code 60615 covers Chicago, IL. The median rent here is $1,855/mo as of October 2026. A 1-bedroom rents for a median of $1,920/mo. A 2-bedroom rents for a median of $2,160/mo.

At 35% of local median household income ($63,876/yr), ZIP 60615 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 60615?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (about $36/hour full-time) to afford the median rent of $1,855/mo in ZIP 60615. The local median household income is $63,876/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 60615?

Rent in ZIP 60615 has risen 4.4% over the past year as of September 2026. That is the highest level since Zillow's records here began in March 2015.

When is the cheapest time to rent in ZIP 60615?

Asking rents in ZIP 60615 are usually lowest in January, about 0.9% below their yearly trend, and highest in June, about 0.5% above it. At today's median that is a gap of roughly $26 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 60615?

No. From 2019 to 2024, rent in ZIP 60615 rose 18.8% while median household income rose 41.7%, from $45,077 to $63,876. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 60615 compare to other ZIPs in Illinois?

ZIP 60615 is in the middle among Illinois ZIP codes for rent, ranking #115 of 227 at $1,855/mo. Over the year to September 2026, rent in ZIP 60615 changed +4.4%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.

How does ZIP 60615 compare to the rest of Chicago?

At $1,855/mo, ZIP 60615 is $456 below the Chicago citywide median of $2,311/mo. It is the 23rd cheapest of 51 ZIP codes in Chicago.
Income Affordability
35%
MODERATE

At $1,855/mo, rent takes ~35% of ZIP 60615's median household income ($63,876/yr). The standard benchmark is 30%.

ZIP 60615 35%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60615 (Chicago, IL)

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