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ZIP Code · IL

ZIP 60643

Part of Chicago, IL
Pop. 45,942·Cook County·98th most expensive ZIP in Illinois
Median rent (all units)
$1,990/mo
Year-over-Year
-9.5%
Month-over-Month
-1.8%
vs US Median
+$25
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 60643 · $1,990
More expensive than 60% 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
$23,880/yr
At $1,990/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 9.5% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-9.5% YoY, -1.8% MoM), not inventory.
Demographics

Who lives here

ZIP 60643 (Chicago, IL) is majority owner-occupied, has a large retiree population, 39.8% of residents hold a bachelor's degree or higher.

Population
45,942
Median income
$80,852
Median age
43.7
Renters
25.3%
Age distribution
22.3%
18.5%
23.5%
14%
21.6%
Under 1822.3%
18–3418.5%
35–5423.5%
55–6414%
65+21.6%
Gender
44.9%
55.1%
Male44.9%
Female55.1%
Race & ethnicity
23.6%
69%
White23.6%
Black69%
Hispanic4.1%
Asian0.9%
Other2.4%
Education (25+)
21.3%
32.7%
39.8%
No HS diploma6.2%
HS diploma21.3%
Some college32.7%
Bachelor's+39.8%
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 60643 in Chicago, IL has changed in 5 years

Income
$73,285 → $80,852
up 10.3%
Population
49,796 → 45,942
down 7.7%
Renter share
27.3% → 25.3%
-2.0 pts
Bachelor's+
36.9% → 39.8%
+2.9 pts
Median age
43.2 → 43.7
+0.5 yrs

On the earnings side, the typical household in ZIP 60643 in Chicago, IL now reports about $80,852, up from $73,285 in 2021. Headcount in the area went from 49,796 to 45,942 between 2021 and 2024, a 7.7% change. About 25.3% of households rent today, against 27.3% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 36.9% to 39.8%.

Community

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Local insights

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About renting in ZIP 60643

Last updated: July 20, 2026

ZIP code 60643 covers Chicago, IL. The median rent here is $1,990/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 30% of local median household income ($80,852/yr), ZIP 60643 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 9.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60643?

As of July 20, 2026, the median monthly rent in ZIP 60643 (Chicago, IL) is $1,990. This is based on aggregated data from public sources and community submissions.

How does ZIP 60643 rent compare to the US average?

ZIP 60643's median rent of $1,990/mo is $25 (1%) above the US national median of $1,965/mo.

How does ZIP 60643 compare to other ZIPs in Illinois?

ZIP 60643 falls in the middle range for Illinois, ranking #98 out of 230 ZIPs at $1,990/mo.

How much income do you need to rent in ZIP 60643?

To keep rent at or below 30% of gross income, you would need to earn at least $80,000/year (~$38/hour full-time) to afford the median rent of $1,990/mo in ZIP 60643. The local median household income is $80,852/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 60643?

Rent in ZIP 60643 has decreased 9.5% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 60643 an affordable place to rent?

ZIP 60643 is considered moderate for renters. At $1,990/mo, rent takes approximately 30% of the local median household income ($80,852/yr). The standard benchmark is 30%. ZIP 60643 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 60643 residents rent vs. own?

According to Census data, approximately 25.3% of ZIP 60643 households are renters, while 74.7% are owner-occupied. ZIP 60643 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 60643 compare to the rest of Chicago?

ZIP 60643 is more affordable than Chicago overall. At $1,990/mo, it's $419 below the Chicago citywide median of $2,409/mo.

When was rent data for ZIP 60643 last updated?

Rent data for ZIP 60643 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $1,990/mo, rent takes ~30% of ZIP 60643's median household income ($80,852/yr). The standard benchmark is 30%.

ZIP 60643 30%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60643 (Chicago, IL)

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