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ZIP Code · IL

ZIP 60624

Part of Chicago, IL
Pop. 35,263·Cook County·124th most expensive ZIP in Illinois
Median rent (all units)
$1,804/mo
Year-over-Year
+19.6%
Month-over-Month
+4.2%
vs US Median
-$161
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 60624 · $1,804
More affordable than 51% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,280
1 BR
$1,370
2 BR
$1,540
3 BR
$1,980
4 BR+
$2,290
Research median
$1,540/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
$21,648/yr
At $1,804/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 19.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+19.6% YoY, +4.2% MoM), not inventory.
Demographics

Who lives here

ZIP 60624 (Chicago, IL) is majority renter-occupied, has a large share of families with children, has a median income below the national average, 13.6% of residents hold a bachelor's degree or higher.

Population
35,263
Median income
$34,030
Median age
34.7
Renters
71.2%
Age distribution
25.8%
24.8%
22.8%
14.2%
12.3%
Under 1825.8%
18–3424.8%
35–5422.8%
55–6414.2%
65+12.3%
Gender
44.9%
55.1%
Male44.9%
Female55.1%
Race & ethnicity
79.1%
16.4%
White4.6%
Black79.1%
Hispanic16.4%
Asian0.9%
Education (25+)
21.6%
32.1%
32.7%
13.6%
No HS diploma21.6%
HS diploma32.1%
Some college32.7%
Bachelor's+13.6%
Housing tenure
28.8%
71.2%
Owner28.8%
Renter71.2%

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

2021 vs 2026

How ZIP 60624 in Chicago, IL has changed in 5 years

Rent
$1,155 → $1,804
up 56.2%
Income
$29,102 → $34,030
up 16.9%
Population
36,986 → 35,263
down 4.7%
Renter share
73.6% → 71.2%
-2.4 pts
Bachelor's+
11.1% → 13.6%
+2.5 pts
Median age
33.9 → 34.7
+0.8 yrs

Rent in ZIP 60624 in Chicago, IL has climbed 56.2% since 2021, going from about $1,155 per month to roughly $1,804 today. Local incomes tracked alongside that move, going from a median of $29,102 in 2021 to $34,030 more recently. Rent outpaced income growth by roughly 39.3 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 36,986 to 35,263 between 2021 and 2024, a 4.7% change. About 71.2% of households rent today, against 73.6% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 11.1% to 13.6%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 60624 in Chicago, IL market of 2021.

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Local insights

Tips for renters in ZIP 60624

About renting in ZIP 60624

Last updated: July 20, 2026

ZIP code 60624 covers Chicago, IL. The median rent here is $1,804/mo as of July 2026. A 1-bedroom rents for a median of $1,370/mo. A 2-bedroom rents for a median of $1,540/mo.

At 64% of local median household income ($34,030/yr), ZIP 60624 ranks as expensive compared to the national benchmark of 30%. Rents have increased 19.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60624?

As of July 20, 2026, the median monthly rent in ZIP 60624 (Chicago, IL) is $1,804. This is based on aggregated data from public sources and community submissions.

How does ZIP 60624 rent compare to the US average?

ZIP 60624's median rent of $1,804/mo is $161 (8%) below the US national median of $1,965/mo.

How does ZIP 60624 compare to other ZIPs in Illinois?

ZIP 60624 falls in the middle range for Illinois, ranking #124 out of 230 ZIPs at $1,804/mo.

How much income do you need to rent in ZIP 60624?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (~$35/hour full-time) to afford the median rent of $1,804/mo in ZIP 60624. The local median household income is $34,030/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 60624?

Rent in ZIP 60624 has increased 19.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 60624 an affordable place to rent?

ZIP 60624 is considered expensive for renters. At $1,804/mo, rent takes approximately 64% of the local median household income ($34,030/yr). The standard benchmark is 30%. ZIP 60624 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 60624 residents rent vs. own?

According to Census data, approximately 71.2% of ZIP 60624 households are renters, while 28.8% are owner-occupied. With a majority renter population, ZIP 60624 has a strong rental market.

How does ZIP 60624 compare to the rest of Chicago?

ZIP 60624 is more affordable than Chicago overall. At $1,804/mo, it's $605 below the Chicago citywide median of $2,409/mo.

When was rent data for ZIP 60624 last updated?

Rent data for ZIP 60624 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
64%
EXPENSIVE

At $1,804/mo, rent takes ~64% of ZIP 60624's median household income ($34,030/yr). The standard benchmark is 30%.

ZIP 60624 64%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60624 (Chicago, IL)

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