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ZIP Code · IL

ZIP 60622

Part of Chicago, IL
Pop. 54,609·Cook County·27th most expensive ZIP in Illinois
Median rent (all units)
$2,572/mo
Year-over-Year
+7.4%
Month-over-Month
+1.1%
vs US Median
+$607
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 60622 · $2,572
More expensive than 81% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,050
1 BR
$2,190
2 BR
$2,470
3 BR
$3,180
4 BR+
$3,680
Research median
$2,470/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
$30,864/yr
At $2,572/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.4% YoY, +1.1% MoM), not inventory.
Demographics

Who lives here

ZIP 60622 (Chicago, IL) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 74.8% of residents hold a bachelor's degree or higher.

Population
54,609
Median income
$136,277
Median age
32.7
Renters
56.9%
Age distribution
13.2%
44.8%
29.5%
Under 1813.2%
18–3444.8%
35–5429.5%
55–645.2%
65+7.2%
Gender
47.8%
52.2%
Male47.8%
Female52.2%
Race & ethnicity
65.8%
20%
White65.8%
Black6.5%
Hispanic20%
Asian6%
Other1.7%
Education (25+)
74.8%
No HS diploma5.5%
HS diploma7.8%
Some college11.9%
Bachelor's+74.8%
Housing tenure
43.1%
56.9%
Owner43.1%
Renter56.9%

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

2021 vs 2026

How ZIP 60622 in Chicago, IL has changed in 5 years

Rent
$1,861 → $2,572
up 38.2%
Income
$110,694 → $136,277
up 23.1%
Population
54,650 → 54,609
down 0.1%
Renter share
59.9% → 56.9%
-3.0 pts
Bachelor's+
71.9% → 74.8%
+2.9 pts
Median age
32 → 32.7
+0.7 yrs

Rent in ZIP 60622 in Chicago, IL has increased 38.2% since 2021, going from about $1,861 per month to roughly $2,572 today. Median household income grew from $110,694 to $136,277 between 2021 and 2024, a 23.1% shift. Rent outpaced income growth by roughly 15.1 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. About 56.9% of households rent today, against 59.9% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 71.9% to 74.8%. Taken together, the five-year picture in ZIP 60622 in Chicago, IL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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Local insights

Tips for renters in ZIP 60622

About renting in ZIP 60622

Last updated: July 20, 2026

ZIP code 60622 covers Chicago, IL. The median rent here is $2,572/mo as of July 2026. A 1-bedroom rents for a median of $2,190/mo. A 2-bedroom rents for a median of $2,470/mo.

At 23% of local median household income ($136,277/yr), ZIP 60622 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60622?

As of July 20, 2026, the median monthly rent in ZIP 60622 (Chicago, IL) is $2,572. This is based on aggregated data from public sources and community submissions.

How does ZIP 60622 rent compare to the US average?

ZIP 60622's median rent of $2,572/mo is $607 (31%) above the US national median of $1,965/mo.

How does ZIP 60622 compare to other ZIPs in Illinois?

ZIP 60622 is one of the pricier ZIP codes in Illinois, ranking #27 out of 230 ZIPs tracked at $2,572/mo.

How much income do you need to rent in ZIP 60622?

To keep rent at or below 30% of gross income, you would need to earn at least $103,000/year (~$50/hour full-time) to afford the median rent of $2,572/mo in ZIP 60622. The local median household income is $136,277/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 60622?

Rent in ZIP 60622 has increased 7.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 60622 an affordable place to rent?

ZIP 60622 is considered very affordable for renters. At $2,572/mo, rent takes approximately 23% of the local median household income ($136,277/yr). The standard benchmark is 30%. ZIP 60622 falls comfortably within that range.

What percentage of ZIP 60622 residents rent vs. own?

According to Census data, approximately 56.9% of ZIP 60622 households are renters, while 43.1% are owner-occupied. With a majority renter population, ZIP 60622 has a strong rental market.

How does ZIP 60622 compare to the rest of Chicago?

ZIP 60622 is pricier than Chicago as a whole. At $2,572/mo, it's $163 above the Chicago citywide median of $2,409/mo.

When was rent data for ZIP 60622 last updated?

Rent data for ZIP 60622 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $2,572/mo, rent takes ~23% of ZIP 60622's median household income ($136,277/yr). The standard benchmark is 30%.

ZIP 60622 23%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60622 (Chicago, IL)

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