ZIP Code · IL

ZIP 60628

Part of Chicago, IL
Pop. 60,431·Cook County·134th most expensive ZIP in Illinois
Median rent (all units)
$1,725/mo
Year-over-Year
+7.3%
Month-over-Month
+0.6%
vs US Median
-$207
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 60628 · $1,725
More affordable than 56% of US ZIP codes · National median $1,932/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 60628 usually run 0.9% below trend in January and 0.6% above it in May, about $26 a month apart at today's median. Based on 9 years of data.

Compared with the peak

Rent in ZIP 60628 is 0.9% below its high of $1,740 in July 2026, at $1,725 as of September 2026.

Past year vs. the rest of Illinois

Rent in ZIP 60628 changed +7.3% over the year to September 2026. Across the 172 Illinois ZIP codes Zillow tracks, the typical change was +4.7%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 60628 rose 40.6% while median household income rose 32.7% ($41,169 to $54,644). Rent outpaced income.

Since before the pandemic

Rent in ZIP 60628 is 62.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($54,644) is $1,366 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,320); a 2-bedroom is $1,490.

Rank in Chicago

16th cheapest of 51 ZIP codes in Chicago.

Cheaper nearby

ZIP 60827, 3 miles away, rents for 25% less ($1,290/mo), about $5,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60628. 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.

Annual cost
$20,700/yr
At $1,725/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.3% YoY, +0.6% 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
$1,124 → $1,725
up 53.5%
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 $1,124 to $1,725, up 53.5% 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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About renting in ZIP 60628

Last updated: October 17, 2026

ZIP code 60628 covers Chicago, IL. The median rent here is $1,725/mo as of October 2026. A 1-bedroom rents for a median of $1,320/mo. A 2-bedroom rents for a median of $1,490/mo.

At 38% of local median household income ($54,644/yr), ZIP 60628 ranks as moderate compared to the national benchmark of 30%. Rents have increased 7.3% over the past year.

FAQ

Frequently asked questions

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 $69,000/year (about $33/hour full-time) to afford the median rent of $1,725/mo in ZIP 60628. The local median household income is $54,644/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 60628?

Rent in ZIP 60628 has risen 7.3% over the past year as of September 2026. It sits 0.9% below its high of $1,740 in July 2026.

When is the cheapest time to rent in ZIP 60628?

Asking rents in ZIP 60628 are usually lowest in January, about 0.9% below their yearly trend, and highest in May, about 0.6% above it. At today's median that is a gap of roughly $26 a month. This pattern comes from 9 years of Zillow rent data.

Has rent outpaced income in ZIP 60628?

Yes. From 2019 to 2024, rent in ZIP 60628 rose 40.6% while median household income rose 32.7%, from $41,169 to $54,644. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 60628 compare to other ZIPs in Illinois?

ZIP 60628 is in the middle among Illinois ZIP codes for rent, ranking #134 of 227 at $1,725/mo. Over the year to September 2026, rent in ZIP 60628 changed +7.3%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.

How does ZIP 60628 compare to the rest of Chicago?

At $1,725/mo, ZIP 60628 is $586 below the Chicago citywide median of $2,311/mo. It is the 16th cheapest of 51 ZIP codes in Chicago.
Income Affordability
38%
MODERATE

At $1,725/mo, rent takes ~38% of ZIP 60628's median household income ($54,644/yr). The standard benchmark is 30%.

ZIP 60628 38%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60628 (Chicago, IL)

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