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ZIP Code · IL

ZIP 60641

Part of Chicago, IL
Pop. 68,894·Cook County·134th most expensive ZIP in Illinois
Median rent (all units)
$1,731/mo
Year-over-Year
+4.2%
Month-over-Month
-0.4%
vs US Median
-$234
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 60641 · $1,731
More affordable than 56% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,430
1 BR
$1,530
2 BR
$1,720
3 BR
$2,210
4 BR+
$2,560
Research median
$1,720/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
$20,772/yr
At $1,731/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.2% YoY, -0.4% MoM), not inventory.
Demographics

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.

Population
68,894
Median income
$83,758
Median age
37
Renters
47.5%
Age distribution
22.3%
24.1%
29.3%
12.1%
12.2%
Under 1822.3%
18–3424.1%
35–5429.3%
55–6412.1%
65+12.2%
Gender
50.4%
49.6%
Male50.4%
Female49.6%
Race & ethnicity
41.4%
52.5%
White41.4%
Black4%
Hispanic52.5%
Asian5.1%
Education (25+)
15.7%
23.5%
23%
37.8%
No HS diploma15.7%
HS diploma23.5%
Some college23%
Bachelor's+37.8%
Housing tenure
52.5%
47.5%
Owner52.5%
Renter47.5%

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

2021 vs 2026

How ZIP 60641 in Chicago, IL has changed in 5 years

Rent
$1,285 → $1,731
up 34.7%
Income
$72,950 → $83,758
up 14.8%
Population
71,003 → 68,894
down 3.0%
Renter share
46.2% → 47.5%
+1.3 pts
Bachelor's+
32.2% → 37.8%
+5.6 pts

Five years ago, renters in ZIP 60641 in Chicago, IL paid around $1,285 a month. That figure now sits near $1,731, up 34.7% 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.

Community

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Local insights

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About renting in ZIP 60641

Last updated: July 20, 2026

ZIP code 60641 covers Chicago, IL. The median rent here is $1,731/mo as of July 2026. A 1-bedroom rents for a median of $1,530/mo. A 2-bedroom rents for a median of $1,720/mo.

At 25% of local median household income ($83,758/yr), ZIP 60641 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60641?

As of July 20, 2026, the median monthly rent in ZIP 60641 (Chicago, IL) is $1,731. This is based on aggregated data from public sources and community submissions.

How does ZIP 60641 rent compare to the US average?

ZIP 60641's median rent of $1,731/mo is $234 (12%) below the US national median of $1,965/mo.

How does ZIP 60641 compare to other ZIPs in Illinois?

ZIP 60641 falls in the middle range for Illinois, ranking #134 out of 230 ZIPs at $1,731/mo.

How much income do you need to rent in ZIP 60641?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,731/mo in ZIP 60641. The local median household income is $83,758/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 60641?

Rent in ZIP 60641 has increased 4.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 60641 an affordable place to rent?

ZIP 60641 is considered affordable for renters. At $1,731/mo, rent takes approximately 25% of the local median household income ($83,758/yr). The standard benchmark is 30%. ZIP 60641 falls comfortably within that range.

What percentage of ZIP 60641 residents rent vs. own?

According to Census data, approximately 47.5% of ZIP 60641 households are renters, while 52.5% are owner-occupied. ZIP 60641 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 60641 compare to the rest of Chicago?

ZIP 60641 is more affordable than Chicago overall. At $1,731/mo, it's $678 below the Chicago citywide median of $2,409/mo.

When was rent data for ZIP 60641 last updated?

Rent data for ZIP 60641 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $1,731/mo, rent takes ~25% of ZIP 60641's median household income ($83,758/yr). The standard benchmark is 30%.

ZIP 60641 25%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60641 (Chicago, IL)

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