ZIP 60653
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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
January. Asking rents in ZIP 60653 usually run 0.9% below trend in January and 1% above it in May, about $43 a month apart at today's median. Based on 9 years of data.
Rent in ZIP 60653 is at its highest level since Zillow's records here began in February 2017.
Rent in ZIP 60653 changed +5.7% 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 60653 rose 34.3% while median household income rose 30.8% ($31,093 to $40,666). Rent outpaced income.
Rent in ZIP 60653 is 46.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 9 months in a row, and rose in 11 of the last 12 months.
30% of the median household income ($40,666) is $1,017 a month. That is less than HUD's Fair Market Rent for a studio ($1,130).
35th cheapest of 51 ZIP codes in Chicago.
ZIP 60615, 1 mile away, rents for 18% less ($1,855/mo), about $5,000 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 60653. 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 60653 (Chicago, IL) is majority renter-occupied, has a median income below the national average, 38% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 60653 in Chicago, IL has changed in 5 years
The median rent in ZIP 60653 in Chicago, IL stood at $1,595 in 2021 and currently runs about $2,272, reflecting a 42.4% increase over the period. Household income in the area moved from $34,564 to $40,666 across the same window, up 17.7% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 3.3% since 2021, moving from about 34,519 residents to roughly 33,383. Renters now make up 69.2% of households, compared with 70.9% five years ago. Reading these numbers side by side helps frame whether current listings in ZIP 60653 in Chicago, IL look reasonable against where the market sat half a decade ago.
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Tips for renters in ZIP 60653
Last updated: October 17, 2026
ZIP code 60653 covers Chicago, IL. The median rent here is $2,272/mo as of October 2026. A 1-bedroom rents for a median of $1,210/mo. A 2-bedroom rents for a median of $1,360/mo.
At 67% of local median household income ($40,666/yr), ZIP 60653 ranks as expensive compared to the national benchmark of 30%. Rents have increased 5.7% over the past year.
Frequently asked questions
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How does ZIP 60653 compare to other ZIPs in Illinois?
How does ZIP 60653 compare to the rest of Chicago?
At $2,272/mo, rent takes ~67% of ZIP 60653's median household income ($40,666/yr). The standard benchmark is 30%.
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