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ZIP Code · IL

ZIP 60618

Part of Chicago, IL
Pop. 91,901·Cook County·66th most expensive ZIP in Illinois
Median rent (all units)
$2,261/mo
Year-over-Year
+12.0%
Month-over-Month
+1.1%
vs US Median
+$296
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 60618 · $2,261
More expensive than 72% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,650
1 BR
$1,770
2 BR
$1,990
3 BR
$2,560
4 BR+
$2,960
Research median
$1,990/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
$27,132/yr
At $2,261/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.0% YoY, +1.1% MoM), not inventory.
Demographics

Who lives here

ZIP 60618 (Chicago, IL) is roughly split between renters and owners, has a median income above the national average, 58.4% of residents hold a bachelor's degree or higher.

Population
91,901
Median income
$106,384
Median age
35.9
Renters
49.6%
Age distribution
21.8%
26.5%
32.3%
Under 1821.8%
18–3426.5%
35–5432.3%
55–649.2%
65+10.2%
Gender
48.9%
51.1%
Male48.9%
Female51.1%
Race & ethnicity
54.8%
35.1%
White54.8%
Black3.3%
Hispanic35.1%
Asian6.7%
Education (25+)
15.8%
16.2%
58.4%
No HS diploma9.5%
HS diploma15.8%
Some college16.2%
Bachelor's+58.4%
Housing tenure
50.4%
49.6%
Owner50.4%
Renter49.6%

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

2021 vs 2026

How ZIP 60618 in Chicago, IL has changed in 5 years

Rent
$1,565 → $2,261
up 44.5%
Income
$91,650 → $106,384
up 16.1%
Population
95,078 → 91,901
down 3.3%
Renter share
49.5% → 49.6%
+0.1 pts
Bachelor's+
53% → 58.4%
+5.4 pts
Median age
35 → 35.9
+0.9 yrs

Compared with 2021, rent in ZIP 60618 in Chicago, IL has climbed by $696 per month, settling near $2,261 after starting the period at $1,565. On the earnings side, the typical household in ZIP 60618 in Chicago, IL now reports about $106,384, up from $91,650 in 2021. Rent outpaced income growth by roughly 28.4 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 95,078 to 91,901 between 2021 and 2024, a 3.3% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 53% to 58.4%. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 60618 in Chicago, IL reflects that arc in its own way.

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Local insights

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About renting in ZIP 60618

Last updated: July 20, 2026

ZIP code 60618 covers Chicago, IL. The median rent here is $2,261/mo as of July 2026. A 1-bedroom rents for a median of $1,770/mo. A 2-bedroom rents for a median of $1,990/mo.

At 26% of local median household income ($106,384/yr), ZIP 60618 ranks as affordable compared to the national benchmark of 30%. Rents have increased 12.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60618?

As of July 20, 2026, the median monthly rent in ZIP 60618 (Chicago, IL) is $2,261. This is based on aggregated data from public sources and community submissions.

How does ZIP 60618 rent compare to the US average?

ZIP 60618's median rent of $2,261/mo is $296 (15%) above the US national median of $1,965/mo.

How does ZIP 60618 compare to other ZIPs in Illinois?

ZIP 60618 is one of the pricier ZIP codes in Illinois, ranking #66 out of 230 ZIPs tracked at $2,261/mo.

How much income do you need to rent in ZIP 60618?

To keep rent at or below 30% of gross income, you would need to earn at least $90,000/year (~$43/hour full-time) to afford the median rent of $2,261/mo in ZIP 60618. The local median household income is $106,384/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 60618?

Rent in ZIP 60618 has increased 12.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 60618 an affordable place to rent?

ZIP 60618 is considered affordable for renters. At $2,261/mo, rent takes approximately 26% of the local median household income ($106,384/yr). The standard benchmark is 30%. ZIP 60618 falls comfortably within that range.

What percentage of ZIP 60618 residents rent vs. own?

According to Census data, approximately 49.6% of ZIP 60618 households are renters, while 50.4% are owner-occupied. ZIP 60618 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 60618 compare to the rest of Chicago?

ZIP 60618 is more affordable than Chicago overall. At $2,261/mo, it's $148 below the Chicago citywide median of $2,409/mo.

When was rent data for ZIP 60618 last updated?

Rent data for ZIP 60618 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $2,261/mo, rent takes ~26% of ZIP 60618's median household income ($106,384/yr). The standard benchmark is 30%.

ZIP 60618 26%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60618 (Chicago, IL)

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