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ZIP Code · IL

ZIP 60628

Part of Chicago, IL
Pop. 60,431·Cook County·145th most expensive ZIP in Illinois
Median rent (all units)
$1,662/mo
Year-over-Year
+15.3%
Month-over-Month
-7.5%
vs US Median
-$303
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 60628 · $1,662
More affordable than 62% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,240
1 BR
$1,320
2 BR
$1,490
3 BR
$1,920
4 BR+
$2,220
Research median
$1,490/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
$19,944/yr
At $1,662/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+15.3% YoY, -7.5% MoM), not inventory.
Demographics

Who lives here

ZIP 60628 (Chicago, IL) is majority owner-occupied, has a median income below the national average, 23.7% of residents hold a bachelor's degree or higher.

Population
60,431
Median income
$54,644
Median age
40.1
Renters
39.9%
Age distribution
21.6%
22.8%
24.2%
12.3%
19.1%
Under 1821.6%
18–3422.8%
35–5424.2%
55–6412.3%
65+19.1%
Gender
46.4%
53.6%
Male46.4%
Female53.6%
Race & ethnicity
90%
White3.6%
Black90%
Hispanic5.8%
Asian0.5%
Education (25+)
12.8%
28.5%
35.1%
23.7%
No HS diploma12.8%
HS diploma28.5%
Some college35.1%
Bachelor's+23.7%
Housing tenure
60.1%
39.9%
Owner60.1%
Renter39.9%

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

2021 vs 2026

How ZIP 60628 in Chicago, IL has changed in 5 years

Rent
$1,071 → $1,662
up 55.2%
Income
$46,665 → $54,644
up 17.1%
Population
64,489 → 60,431
down 6.3%
Renter share
42.8% → 39.9%
-2.9 pts
Bachelor's+
21.9% → 23.7%
+1.8 pts
Median age
39.4 → 40.1
+0.7 yrs

Across the past five years, the going rent in ZIP 60628 in Chicago, IL has shifted from $1,071 to $1,662, up 55.2% since 2021. Median household income climbed from $46,665 to $54,644 between 2021 and 2024, a 17.1% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 60628 in Chicago, IL losing about 4,058 residents over the five-year window, down 6.3% on net. The renter share has eased from 42.8% to 39.9%, with owner-occupied housing accounting for the remainder. Taken together, the five-year picture in ZIP 60628 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.

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Local insights

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About renting in ZIP 60628

Last updated: July 20, 2026

ZIP code 60628 covers Chicago, IL. The median rent here is $1,662/mo as of July 2026. A 1-bedroom rents for a median of $1,320/mo. A 2-bedroom rents for a median of $1,490/mo.

At 36% of local median household income ($54,644/yr), ZIP 60628 ranks as moderate compared to the national benchmark of 30%. Rents have increased 15.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60628?

As of July 20, 2026, the median monthly rent in ZIP 60628 (Chicago, IL) is $1,662. This is based on aggregated data from public sources and community submissions.

How does ZIP 60628 rent compare to the US average?

ZIP 60628's median rent of $1,662/mo is $303 (15%) below the US national median of $1,965/mo.

How does ZIP 60628 compare to other ZIPs in Illinois?

ZIP 60628 falls in the middle range for Illinois, ranking #145 out of 230 ZIPs at $1,662/mo.

How much income do you need to rent in ZIP 60628?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (~$32/hour full-time) to afford the median rent of $1,662/mo in ZIP 60628. The local median household income is $54,644/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 60628?

Rent in ZIP 60628 has increased 15.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 60628 an affordable place to rent?

ZIP 60628 is considered moderate for renters. At $1,662/mo, rent takes approximately 36% of the local median household income ($54,644/yr). The standard benchmark is 30%. ZIP 60628 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 60628 residents rent vs. own?

According to Census data, approximately 39.9% of ZIP 60628 households are renters, while 60.1% are owner-occupied. ZIP 60628 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 60628 compare to the rest of Chicago?

ZIP 60628 is more affordable than Chicago overall. At $1,662/mo, it's $747 below the Chicago citywide median of $2,409/mo.

When was rent data for ZIP 60628 last updated?

Rent data for ZIP 60628 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
36%
MODERATE

At $1,662/mo, rent takes ~36% of ZIP 60628's median household income ($54,644/yr). The standard benchmark is 30%.

ZIP 60628 36%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60628 (Chicago, IL)

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