ZIP Code · IL

ZIP 60629

Part of Chicago, IL

Pop. 108,324·Cook County·177th most expensive ZIP in Illinois

Median rent (all units)

$1,404/mo

Year-over-Year

+4.8%

Month-over-Month

+1.1%

vs US Median

-$528

Reported rents

Rising (Monthly)

Be the first to discuss 60629 rents ↓

Most AffordableMost Expensive

ZIP 60629 · $1,404

More affordable than 80% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,130

1 BR

$1,210

2 BR

$1,360

3 BR

$1,750

4 BR+

$2,030

Research median

$1,360/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

October. Asking rents in ZIP 60629 usually run 1.6% below trend in October and 1.1% above it in January, about $38 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 60629 is at its highest level since Zillow's records here began in February 2021.

Past year vs. the rest of Illinois

Rent in ZIP 60629 changed +4.9% over the year to September 2026. Across the 172 Illinois ZIP codes Zillow tracks, the typical change was +4.7%.

Recent direction

Rent has risen 5 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($60,826) is $1,521 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,360); a 3-bedroom is $1,750.

Rank in Chicago

5th cheapest of 51 ZIP codes in Chicago.

From Zillow's monthly rent index (ZORI) for ZIP 60629. 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

$16,848/yr

At $1,404/mo median

Location

CityChicago

StateIL

CountyCook County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 4.8% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+4.8% YoY, +1.1% MoM), not inventory.

Demographics

Who lives here

ZIP 60629 (Chicago, IL) is majority owner-occupied, has a large share of families with children, has a median income below the national average, 15.4% of residents hold a bachelor's degree or higher.

Population

108,324

Median income

$60,826

Median age

34.2

Renters

38%

Age distribution

25.9%

25%

26.4%

12.8%

Under 1825.9%

18–3425%

35–5426.4%

55–649.9%

65+12.8%

Gender

49.2%

50.8%

Male49.2%

Female50.8%

Race & ethnicity

16.7%

75.4%

White16.7%

Black16.7%

Hispanic75.4%

Asian0.8%

Education (25+)

27.8%

35.8%

20.9%

15.4%

No HS diploma27.8%

HS diploma35.8%

Some college20.9%

Bachelor's+15.4%

Housing tenure

62%

38%

Owner62%

Renter38%

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

2021 vs 2026

How ZIP 60629 in Chicago, IL has changed in 5 years

Rent

$916 → $1,404

up 53.3%

Income

$46,217 → $60,826

up 31.6%

Population

107,487 → 108,324

up 0.8%

Renter share

43% → 38%

-5.0 pts

Bachelor's+

12.1% → 15.4%

+3.3 pts

Median age

32.3 → 34.2

+1.9 yrs

Five years ago, renters in ZIP 60629 in Chicago, IL paid around $916 a month. That figure now sits near $1,404, up 53.3% from the 2021 baseline. On the earnings side, the typical household in ZIP 60629 in Chicago, IL now reports about $60,826, up from $46,217 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. The renter share has eased from 43% to 38%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 12.1% to 15.4% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 60629 in Chicago, IL reflects that arc in its own way.

Community

Discussions about ZIP 60629

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 60629

About renting in ZIP 60629

Last updated: October 17, 2026

ZIP code 60629 covers Chicago, IL. The median rent here is $1,404/mo as of October 2026. A 1-bedroom rents for a median of $1,210/mo. A 2-bedroom rents for a median of $1,360/mo.

At 28% of local median household income ($60,826/yr), ZIP 60629 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 60629?

To keep rent at or below 30% of gross income, you would need to earn at least $56,000/year (about $27/hour full-time) to afford the median rent of $1,404/mo in ZIP 60629. The local median household income is $60,826/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 60629?

Rent in ZIP 60629 has risen 4.8% over the past year as of September 2026. That is the highest level since Zillow's records here began in February 2021.

When is the cheapest time to rent in ZIP 60629?

Asking rents in ZIP 60629 are usually lowest in October, about 1.6% below their yearly trend, and highest in January, about 1.1% above it. At today's median that is a gap of roughly $38 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 60629 compare to other ZIPs in Illinois?

ZIP 60629 is one of the more affordable among Illinois ZIP codes for rent, ranking #177 of 227 at $1,404/mo. Over the year to September 2026, rent in ZIP 60629 changed +4.9%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.