ZIP 60649
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12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 60649 usually run 0.6% below trend in January and 0.7% above it in June, about $17 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 60649 is 0.9% below its high of $1,292 in July 2026, at $1,281 as of September 2026.
Rent in ZIP 60649 changed +2.6% 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 60649 rose 28.3% while median household income rose 38.4% ($31,921 to $44,175). Income kept ahead of rent.
Rent in ZIP 60649 is 36.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has fallen 2 months in a row, and rose in 7 of the last 12 months.
30% of the median household income ($44,175) is $1,104 a month. That is less than HUD's Fair Market Rent for a studio ($1,260).
1st cheapest of 51 ZIP codes in Chicago.
ZIP 46312, 10 miles away, rents for 19% less ($1,040/mo), about $2,900 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 60649. 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 60649 (Chicago, IL) is majority renter-occupied, has a median income below the national average, 25.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 60649 in Chicago, IL has changed in 5 years
Since 2021, the typical rent in ZIP 60649 in Chicago, IL has climbed from $945 to $1,281, a 35.6% change over five years. Median household income rose from $38,026 to $44,175 between 2021 and 2024, a 16.2% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 1.9% since 2021, moving from about 48,973 residents to roughly 48,056. Taken together, the five-year picture in ZIP 60649 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 60649
Last updated: October 17, 2026
ZIP code 60649 covers Chicago, IL. The median rent here is $1,281/mo as of October 2026. A 1-bedroom rents for a median of $1,350/mo. A 2-bedroom rents for a median of $1,520/mo.
At 35% of local median household income ($44,175/yr), ZIP 60649 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.6% over the past year.
Frequently asked questions
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How does ZIP 60649 compare to the rest of Chicago?
At $1,281/mo, rent takes ~35% of ZIP 60649's median household income ($44,175/yr). The standard benchmark is 30%.
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