RentDataNowRentDataNow
ZIP Code · IL

ZIP 60631

Part of Chicago, IL
Pop. 30,924·Cook County·112th most expensive ZIP in Illinois
Median rent (all units)
$1,887/mo
Year-over-Year
Stable
Month-over-Month
+1.2%
vs US Median
-$78
Rising (Monthly)
Be the first to discuss 60631 rents ↓
Most AffordableMost Expensive
ZIP 60631 · $1,887
More expensive than 54% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,560
1 BR
$1,670
2 BR
$1,880
3 BR
$2,420
4 BR+
$2,800
Research median
$1,880/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$22,644/yr
At $1,887/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.2% MoM), not inventory.
Demographics

Who lives here

ZIP 60631 (Chicago, IL) is majority owner-occupied, has a median income above the national average, 51.8% of residents hold a bachelor's degree or higher.

Population
30,924
Median income
$115,000
Median age
42
Renters
24.7%
Age distribution
23.8%
15.3%
29.2%
12.3%
19.5%
Under 1823.8%
18–3415.3%
35–5429.2%
55–6412.3%
65+19.5%
Gender
47.6%
52.4%
Male47.6%
Female52.4%
Race & ethnicity
78.6%
17%
White78.6%
Black0.5%
Hispanic17%
Asian4%
Education (25+)
20.5%
23.6%
51.8%
No HS diploma4.1%
HS diploma20.5%
Some college23.6%
Bachelor's+51.8%
Housing tenure
75.3%
24.7%
Owner75.3%
Renter24.7%

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

2021 vs 2026

How ZIP 60631 in Chicago, IL has changed in 5 years

Income
$103,588 → $115,000
up 11.0%
Population
30,589 → 30,924
up 1.1%
Renter share
25.3% → 24.7%
-0.6 pts
Bachelor's+
48.6% → 51.8%
+3.2 pts

Median household income climbed from $103,588 to $115,000 between 2021 and 2024, a 11.0% shift. Census counts show ZIP 60631 in Chicago, IL adding about 335 residents over the five-year window, up 1.1% on net. Bachelor's-degree-or-higher attainment moved from 48.6% to 51.8% across the same window.

Community

Discussions about ZIP 60631

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 60631

About renting in ZIP 60631

Last updated: July 20, 2026

ZIP code 60631 covers Chicago, IL. The median rent here is $1,887/mo as of July 2026. A 1-bedroom rents for a median of $1,670/mo. A 2-bedroom rents for a median of $1,880/mo.

At 20% of local median household income ($115,000/yr), ZIP 60631 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60631?

As of July 20, 2026, the median monthly rent in ZIP 60631 (Chicago, IL) is $1,887. This is based on aggregated data from public sources and community submissions.

How does ZIP 60631 rent compare to the US average?

ZIP 60631's median rent of $1,887/mo is $78 (4%) below the US national median of $1,965/mo.

How does ZIP 60631 compare to other ZIPs in Illinois?

ZIP 60631 falls in the middle range for Illinois, ranking #112 out of 230 ZIPs at $1,887/mo.

How much income do you need to rent in ZIP 60631?

To keep rent at or below 30% of gross income, you would need to earn at least $75,000/year (~$36/hour full-time) to afford the median rent of $1,887/mo in ZIP 60631. The local median household income is $115,000/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 60631?

Rent in ZIP 60631 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 60631 an affordable place to rent?

ZIP 60631 is considered very affordable for renters. At $1,887/mo, rent takes approximately 20% of the local median household income ($115,000/yr). The standard benchmark is 30%. ZIP 60631 falls comfortably within that range.

What percentage of ZIP 60631 residents rent vs. own?

According to Census data, approximately 24.7% of ZIP 60631 households are renters, while 75.3% are owner-occupied. ZIP 60631 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 60631 compare to the rest of Chicago?

ZIP 60631 is more affordable than Chicago overall. At $1,887/mo, it's $522 below the Chicago citywide median of $2,409/mo.

When was rent data for ZIP 60631 last updated?

Rent data for ZIP 60631 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
20%
VERY AFFORDABLE

At $1,887/mo, rent takes ~20% of ZIP 60631's median household income ($115,000/yr). The standard benchmark is 30%.

ZIP 60631 20%Benchmark 30%
State income tax4.95%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 60631 (Chicago, IL)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.