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ZIP Code · IL

ZIP 60637

Part of Chicago, IL
Pop. 52,721·Cook County·126th most expensive ZIP in Illinois
Median rent (all units)
$1,811/mo
Year-over-Year
+7.0%
Month-over-Month
-2.2%
vs US Median
-$151
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 60637 · $1,811
More affordable than 51% of US ZIP codes · National median $1,962/mo
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Medians by bedroom

Rent by unit size

Studio
$1,270
1 BR
$1,360
2 BR
$1,530
3 BR
$1,970
4 BR+
$2,280
Research median
$1,530/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: August 17, 2026

Annual cost
$21,732/yr
At $1,811/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (7.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+7.0% YoY, -2.2% MoM), not inventory.
Demographics

Who lives here

ZIP 60637 (Chicago, IL) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 39.2% of residents hold a bachelor's degree or higher.

Population
52,721
Median income
$43,609
Median age
31.4
Renters
74%
Age distribution
21.6%
34.4%
20.3%
13.7%
Under 1821.6%
18–3434.4%
35–5420.3%
55–6410.1%
65+13.7%
Gender
45.5%
54.5%
Male45.5%
Female54.5%
Race & ethnicity
16.9%
68.6%
White16.9%
Black68.6%
Hispanic5.3%
Asian5.9%
Other3.3%
Education (25+)
21.9%
28.4%
39.2%
No HS diploma10.5%
HS diploma21.9%
Some college28.4%
Bachelor's+39.2%
Housing tenure
26%
74%
Owner26%
Renter74%

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

2021 vs 2026

How ZIP 60637 in Chicago, IL has changed in 5 years

Rent
$1,299 → $1,811
up 39.4%
Income
$31,720 → $43,609
up 37.5%
Population
49,514 → 52,721
up 6.5%
Renter share
75.1% → 74%
-1.1 pts
Bachelor's+
34.8% → 39.2%
+4.4 pts

Across the past five years, the going rent in ZIP 60637 in Chicago, IL has shifted from $1,299 to $1,811, up 39.4% since 2021. On the earnings side, the typical household in ZIP 60637 in Chicago, IL now reports about $43,609, up from $31,720 in 2021. Census counts show ZIP 60637 in Chicago, IL adding about 3,207 residents over the five-year window, up 6.5% on net. Bachelor's-degree-or-higher attainment moved from 34.8% to 39.2% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 60637 in Chicago, IL reflects that arc in its own way.

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Local insights

Tips for renters in ZIP 60637

About renting in ZIP 60637

Last updated: August 17, 2026

ZIP code 60637 covers Chicago, IL. The median rent here is $1,811/mo as of August 2026. A 1-bedroom rents for a median of $1,360/mo. A 2-bedroom rents for a median of $1,530/mo.

At 50% of local median household income ($43,609/yr), ZIP 60637 ranks as moderate compared to the national benchmark of 30%. Rents have increased 7.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60637?

As of August 17, 2026, the median monthly rent in ZIP 60637 (Chicago, IL) is $1,811. This is based on aggregated data from public sources and community submissions.

How does ZIP 60637 rent compare to the US average?

ZIP 60637's median rent of $1,811/mo is $151 (8%) below the US national median of $1,962/mo.

How does ZIP 60637 compare to other ZIPs in Illinois?

ZIP 60637 falls in the middle range for Illinois, ranking #126 out of 236 ZIPs at $1,811/mo.

How much income do you need to rent in ZIP 60637?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (~$35/hour full-time) to afford the median rent of $1,811/mo in ZIP 60637. The local median household income is $43,609/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 60637?

Rent in ZIP 60637 has increased 7.0% over the past year as of August 17, 2026, putting upward pressure on renter budgets.

Is ZIP 60637 an affordable place to rent?

ZIP 60637 is considered stretched for renters. At $1,811/mo, rent takes approximately 50% of the local median household income ($43,609/yr). The standard benchmark is 30%. ZIP 60637 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 60637 residents rent vs. own?

According to Census data, approximately 74% of ZIP 60637 households are renters, while 26% are owner-occupied. With a majority renter population, ZIP 60637 has a strong rental market.

How does ZIP 60637 compare to the rest of Chicago?

ZIP 60637 is more affordable than Chicago overall. At $1,811/mo, it's $584 below the Chicago citywide median of $2,395/mo.

When was rent data for ZIP 60637 last updated?

Rent data for ZIP 60637 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
50%
STRETCHED

At $1,811/mo, rent takes ~50% of ZIP 60637's median household income ($43,609/yr). The standard benchmark is 30%.

ZIP 60637 50%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60637 (Chicago, IL)

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