ZIP Code · IL

ZIP 60639

Part of Chicago, IL
Pop. 84,240·Cook County·131st most expensive ZIP in Illinois
Median rent (all units)
$1,740/mo
Year-over-Year
+7.7%
Month-over-Month
+0.8%
vs US Median
-$192
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 60639 · $1,740
More affordable than 55% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,300
1 BR
$1,380
2 BR
$1,560
3 BR
$2,010
4 BR+
$2,320
Research median
$1,560/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 60639 usually run 1.1% below trend in January and 0.9% above it in June, about $35 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 60639 is at its highest level since Zillow's records here began in February 2016.

Past year vs. the rest of Illinois

Rent in ZIP 60639 changed +7.7% 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 60639 rose 30.3% while median household income rose 32.5% ($46,107 to $61,089). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 60639 is 51.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($61,089) is $1,527 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,380); a 2-bedroom is $1,560.

Rank in Chicago

17th cheapest of 51 ZIP codes in Chicago.

Cheaper nearby

ZIP 60644, 3 miles away, rents for 25% less ($1,312/mo), about $5,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60639. 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
$20,880/yr
At $1,740/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.7% YoY, +0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 60639 (Chicago, IL) is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 16.3% of residents hold a bachelor's degree or higher.

Population
84,240
Median income
$61,089
Median age
36.1
Renters
51.6%
Age distribution
25.5%
22.7%
26.6%
14%
Under 1825.5%
18–3422.7%
35–5426.6%
55–6411.2%
65+14%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
17.7%
13.3%
75.2%
White17.7%
Black13.3%
Hispanic75.2%
Asian1.9%
Education (25+)
29.3%
31.5%
22.9%
16.3%
No HS diploma29.3%
HS diploma31.5%
Some college22.9%
Bachelor's+16.3%
Housing tenure
48.4%
51.6%
Owner48.4%
Renter51.6%

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

2021 vs 2026

How ZIP 60639 in Chicago, IL has changed in 5 years

Rent
$1,234 → $1,740
up 41.0%
Income
$53,197 → $61,089
up 14.8%
Population
89,037 → 84,240
down 5.4%
Renter share
51.6% → 51.6%
+0.0 pts
Bachelor's+
15% → 16.3%
+1.3 pts
Median age
34.9 → 36.1
+1.2 yrs

Rent in ZIP 60639 in Chicago, IL has increased 41.0% since 2021, going from about $1,234 per month to roughly $1,740 today. Median household income grew from $53,197 to $61,089 between 2021 and 2024, a 14.8% shift. Rent outpaced income growth by roughly 26.2 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 89,037 to 84,240 between 2021 and 2024, a 5.4% change. Taken together, the five-year picture in ZIP 60639 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 60639

Last updated: October 17, 2026

ZIP code 60639 covers Chicago, IL. The median rent here is $1,740/mo as of October 2026. A 1-bedroom rents for a median of $1,380/mo. A 2-bedroom rents for a median of $1,560/mo.

At 34% of local median household income ($61,089/yr), ZIP 60639 ranks as moderate compared to the national benchmark of 30%. Rents have increased 7.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 60639?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (about $34/hour full-time) to afford the median rent of $1,740/mo in ZIP 60639. The local median household income is $61,089/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 60639?

Rent in ZIP 60639 has risen 7.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in February 2016.

When is the cheapest time to rent in ZIP 60639?

Asking rents in ZIP 60639 are usually lowest in January, about 1.1% below their yearly trend, and highest in June, about 0.9% above it. At today's median that is a gap of roughly $35 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 60639?

No. From 2019 to 2024, rent in ZIP 60639 rose 30.3% while median household income rose 32.5%, from $46,107 to $61,089. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 60639 compare to other ZIPs in Illinois?

ZIP 60639 is in the middle among Illinois ZIP codes for rent, ranking #131 of 227 at $1,740/mo. Over the year to September 2026, rent in ZIP 60639 changed +7.7%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.

How does ZIP 60639 compare to the rest of Chicago?

At $1,740/mo, ZIP 60639 is $571 below the Chicago citywide median of $2,311/mo. It is the 17th cheapest of 51 ZIP codes in Chicago.
Income Affordability
34%
MODERATE

At $1,740/mo, rent takes ~34% of ZIP 60639's median household income ($61,089/yr). The standard benchmark is 30%.

ZIP 60639 34%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60639 (Chicago, IL)

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