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ZIP Code · IL

ZIP 60617

Part of Chicago, IL
Pop. 74,790·Cook County·172nd most expensive ZIP in Illinois
Median rent (all units)
$1,475/mo
Year-over-Year
+1.1%
Month-over-Month
-5.0%
vs US Median
-$490
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 60617 · $1,475
More affordable than 75% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,090
1 BR
$1,160
2 BR
$1,310
3 BR
$1,690
4 BR+
$1,950
Research median
$1,310/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
$17,700/yr
At $1,475/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 1.1% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+1.1% YoY, -5.0% MoM), not inventory.
Demographics

Who lives here

ZIP 60617 (Chicago, IL) is majority owner-occupied, has a median income below the national average, 20.6% of residents hold a bachelor's degree or higher.

Population
74,790
Median income
$51,778
Median age
40.2
Renters
43%
Age distribution
23.2%
20.4%
24%
12.7%
19.7%
Under 1823.2%
18–3420.4%
35–5424%
55–6412.7%
65+19.7%
Gender
47.6%
52.4%
Male47.6%
Female52.4%
Race & ethnicity
51.2%
40.1%
White10.9%
Black51.2%
Hispanic40.1%
Education (25+)
17.5%
30.2%
31.7%
20.6%
No HS diploma17.5%
HS diploma30.2%
Some college31.7%
Bachelor's+20.6%
Housing tenure
57%
43%
Owner57%
Renter43%

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

2021 vs 2026

How ZIP 60617 in Chicago, IL has changed in 5 years

Rent
$1,123 → $1,475
up 31.3%
Income
$46,156 → $51,778
up 12.2%
Population
84,193 → 74,790
down 11.2%
Renter share
43.6% → 43%
-0.6 pts
Bachelor's+
20.5% → 20.6%
+0.1 pts
Median age
36.6 → 40.2
+3.6 yrs

Rent in ZIP 60617 in Chicago, IL has climbed 31.3% since 2021, going from about $1,123 per month to roughly $1,475 today. Census figures show median household income at $51,778 today, compared with $46,156 five years earlier. Rent outpaced income growth by roughly 19.1 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 84,193 to 74,790 between 2021 and 2024, a 11.2% change. 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 60617

Last updated: July 20, 2026

ZIP code 60617 covers Chicago, IL. The median rent here is $1,475/mo as of July 2026. A 1-bedroom rents for a median of $1,160/mo. A 2-bedroom rents for a median of $1,310/mo.

At 34% of local median household income ($51,778/yr), ZIP 60617 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60617?

As of July 20, 2026, the median monthly rent in ZIP 60617 (Chicago, IL) is $1,475. This is based on aggregated data from public sources and community submissions.

How does ZIP 60617 rent compare to the US average?

ZIP 60617's median rent of $1,475/mo is $490 (25%) below the US national median of $1,965/mo.

How does ZIP 60617 compare to other ZIPs in Illinois?

ZIP 60617 is among the more affordable ZIP codes in Illinois, ranking #172 out of 230 ZIPs at $1,475/mo.

How much income do you need to rent in ZIP 60617?

To keep rent at or below 30% of gross income, you would need to earn at least $59,000/year (~$28/hour full-time) to afford the median rent of $1,475/mo in ZIP 60617. The local median household income is $51,778/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 60617?

Rent in ZIP 60617 has increased 1.1% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 60617 an affordable place to rent?

ZIP 60617 is considered moderate for renters. At $1,475/mo, rent takes approximately 34% of the local median household income ($51,778/yr). The standard benchmark is 30%. ZIP 60617 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 60617 residents rent vs. own?

According to Census data, approximately 43% of ZIP 60617 households are renters, while 57% are owner-occupied. ZIP 60617 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 60617 compare to the rest of Chicago?

ZIP 60617 is more affordable than Chicago overall. At $1,475/mo, it's $934 below the Chicago citywide median of $2,409/mo.

When was rent data for ZIP 60617 last updated?

Rent data for ZIP 60617 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
34%
MODERATE

At $1,475/mo, rent takes ~34% of ZIP 60617's median household income ($51,778/yr). The standard benchmark is 30%.

ZIP 60617 34%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60617 (Chicago, IL)

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