ZIP 60617
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12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 60617 usually run 1% below trend in January and 0.7% above it in August, about $25 a month apart at today's median. Based on 9 years of data.
Rent in ZIP 60617 is 2% below its high of $1,527 in July 2026, at $1,497 as of September 2026.
Rent in ZIP 60617 changed +0.9% 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 60617 rose 37.4% while median household income rose 25.9% ($41,125 to $51,778). Rent outpaced income.
Rent in ZIP 60617 is 51.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has fallen 2 months in a row, and rose in 6 of the last 12 months.
30% of the median household income ($51,778) is $1,294 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,160); a 2-bedroom is $1,310.
7th cheapest of 51 ZIP codes in Chicago.
ZIP 46320, 3 miles away, rents for 13% less ($1,307/mo), about $2,300 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 60617. 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 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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 60617 in Chicago, IL has changed in 5 years
Rent in ZIP 60617 in Chicago, IL has climbed 38.6% since 2021, going from about $1,080 per month to roughly $1,497 today. Census figures show median household income at $51,778 today, compared with $46,156 five years earlier. Rent outpaced income growth by roughly 26.4 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.
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Tips for renters in ZIP 60617
Last updated: October 17, 2026
ZIP code 60617 covers Chicago, IL. The median rent here is $1,497/mo as of October 2026. A 1-bedroom rents for a median of $1,160/mo. A 2-bedroom rents for a median of $1,310/mo.
At 35% of local median household income ($51,778/yr), ZIP 60617 ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.9% over the past year.
Frequently asked questions
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How does ZIP 60617 compare to the rest of Chicago?
At $1,497/mo, rent takes ~35% of ZIP 60617's median household income ($51,778/yr). The standard benchmark is 30%.
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