ZIP 60641
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 60641 usually run 1.4% below trend in December and 1% above it in June, about $44 a month apart at today's median. Based on 10 years of data.
Rent in ZIP 60641 is at its highest level since Zillow's records here began in January 2016.
Rent in ZIP 60641 changed +5.3% over the year to September 2026. Across the 172 Illinois ZIP codes Zillow tracks, the typical change was +4.7%.
From 2019 to 2024, rent in ZIP 60641 rose 29.6% while median household income rose 31.8% ($63,545 to $83,758). Income kept ahead of rent.
Rent in ZIP 60641 is 43.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 10 months in a row, and rose in 10 of the last 12 months.
30% of the median household income ($83,758) is $2,094 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,720); a 3-bedroom is $2,210.
22nd cheapest of 51 ZIP codes in Chicago.
ZIP 60656, 5 miles away, rents for 11% less ($1,611/mo), about $2,500 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 60641. 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.
Who lives here
ZIP 60641 (Chicago, IL) is roughly split between renters and owners, 37.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 60641 in Chicago, IL has changed in 5 years
Five years ago, renters in ZIP 60641 in Chicago, IL paid around $1,283 a month. That figure now sits near $1,820, up 41.9% from the 2021 baseline. Median household income climbed from $72,950 to $83,758 between 2021 and 2024, a 14.8% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 60641 in Chicago, IL losing about 2,109 residents over the five-year window, down 3.0% on net. Bachelor's-degree-or-higher attainment moved from 32.2% to 37.8% across the same window. Taken together, the five-year picture in ZIP 60641 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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Tips for renters in ZIP 60641
Last updated: October 17, 2026
ZIP code 60641 covers Chicago, IL. The median rent here is $1,820/mo as of October 2026. A 1-bedroom rents for a median of $1,530/mo. A 2-bedroom rents for a median of $1,720/mo.
At 26% of local median household income ($83,758/yr), ZIP 60641 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.3% over the past year.
Frequently asked questions
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How does ZIP 60641 compare to the rest of Chicago?
At $1,820/mo, rent takes ~26% of ZIP 60641's median household income ($83,758/yr). The standard benchmark is 30%.
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