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ZIP Code · IL

ZIP 60634

Part of Chicago, IL
Pop. 73,885·Cook County·131st most expensive ZIP in Illinois
Median rent (all units)
$1,761/mo
Year-over-Year
-0.3%
Month-over-Month
-3.7%
vs US Median
-$204
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 60634 · $1,761
More affordable than 54% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,400
1 BR
$1,490
2 BR
$1,680
3 BR
$2,160
4 BR+
$2,500
Research median
$1,680/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
$21,132/yr
At $1,761/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.3% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-0.3% YoY, -3.7% MoM), not inventory.
Demographics

Who lives here

ZIP 60634 (Chicago, IL) is majority owner-occupied, 27.4% of residents hold a bachelor's degree or higher.

Population
73,885
Median income
$88,533
Median age
42
Renters
25.3%
Age distribution
21%
19.3%
28.6%
14.4%
16.6%
Under 1821%
18–3419.3%
35–5428.6%
55–6414.4%
65+16.6%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
51.7%
43.3%
White51.7%
Black3.3%
Hispanic43.3%
Asian6%
Education (25+)
13.3%
28.9%
30.4%
27.4%
No HS diploma13.3%
HS diploma28.9%
Some college30.4%
Bachelor's+27.4%
Housing tenure
74.7%
25.3%
Owner74.7%
Renter25.3%

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

2021 vs 2026

How ZIP 60634 in Chicago, IL has changed in 5 years

Rent
$1,365 → $1,761
up 29.0%
Income
$75,878 → $88,533
up 16.7%
Population
77,520 → 73,885
down 4.7%
Renter share
26.4% → 25.3%
-1.1 pts
Bachelor's+
24.9% → 27.4%
+2.5 pts
Median age
40.9 → 42
+1.1 yrs

Five years ago, renters in ZIP 60634 in Chicago, IL paid around $1,365 a month. That figure now sits near $1,761, up 29.0% from the 2021 baseline. Household income in the area moved from $75,878 to $88,533 across the same window, up 16.7% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 60634 in Chicago, IL losing about 3,635 residents over the five-year window, down 4.7% on net. Bachelor's-degree-or-higher attainment moved from 24.9% to 27.4% across the same window. Reading these numbers side by side helps frame whether current listings in ZIP 60634 in Chicago, IL look reasonable against where the market sat half a decade ago.

Community

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Local insights

Tips for renters in ZIP 60634

About renting in ZIP 60634

Last updated: July 20, 2026

ZIP code 60634 covers Chicago, IL. The median rent here is $1,761/mo as of July 2026. A 1-bedroom rents for a median of $1,490/mo. A 2-bedroom rents for a median of $1,680/mo.

At 24% of local median household income ($88,533/yr), ZIP 60634 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60634?

As of July 20, 2026, the median monthly rent in ZIP 60634 (Chicago, IL) is $1,761. This is based on aggregated data from public sources and community submissions.

How does ZIP 60634 rent compare to the US average?

ZIP 60634's median rent of $1,761/mo is $204 (10%) below the US national median of $1,965/mo.

How does ZIP 60634 compare to other ZIPs in Illinois?

ZIP 60634 falls in the middle range for Illinois, ranking #131 out of 230 ZIPs at $1,761/mo.

How much income do you need to rent in ZIP 60634?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (~$34/hour full-time) to afford the median rent of $1,761/mo in ZIP 60634. The local median household income is $88,533/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 60634?

Rent in ZIP 60634 has been relatively stable over the past year, with a 0.3% change year over year as of July 20, 2026.

Is ZIP 60634 an affordable place to rent?

ZIP 60634 is considered very affordable for renters. At $1,761/mo, rent takes approximately 24% of the local median household income ($88,533/yr). The standard benchmark is 30%. ZIP 60634 falls comfortably within that range.

What percentage of ZIP 60634 residents rent vs. own?

According to Census data, approximately 25.3% of ZIP 60634 households are renters, while 74.7% are owner-occupied. ZIP 60634 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 60634 compare to the rest of Chicago?

ZIP 60634 is more affordable than Chicago overall. At $1,761/mo, it's $648 below the Chicago citywide median of $2,409/mo.

When was rent data for ZIP 60634 last updated?

Rent data for ZIP 60634 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $1,761/mo, rent takes ~24% of ZIP 60634's median household income ($88,533/yr). The standard benchmark is 30%.

ZIP 60634 24%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60634 (Chicago, IL)

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