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ZIP Code · IL

ZIP 60654

Part of Chicago, IL
Pop. 25,755·Cook County·5th most expensive ZIP in Illinois
Median rent (all units)
$3,018/mo
Year-over-Year
+7.1%
Month-over-Month
+1.6%
vs US Median
+$1,053
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 60654 · $3,018
More expensive than 90% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,220
1 BR
$2,370
2 BR
$2,670
3 BR
$3,440
4 BR+
$3,980
Research median
$2,670/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
$36,216/yr
At $3,018/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.1% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.1% YoY, +1.6% MoM), not inventory.
Demographics

Who lives here

ZIP 60654 (Chicago, IL) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 91.5% of residents hold a bachelor's degree or higher.

Population
25,755
Median income
$147,357
Median age
32.2
Renters
65.8%
Age distribution
55%
26.1%
Under 184.3%
18–3455%
35–5426.1%
55–647.7%
65+6.9%
Gender
50.3%
49.7%
Male50.3%
Female49.7%
Race & ethnicity
70.1%
12.3%
White70.1%
Black3.6%
Hispanic12.3%
Asian9.4%
Other4.5%
Education (25+)
91.5%
No HS diploma0.6%
HS diploma3.1%
Some college4.8%
Bachelor's+91.5%
Housing tenure
34.2%
65.8%
Owner34.2%
Renter65.8%

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

2021 vs 2026

How ZIP 60654 in Chicago, IL has changed in 5 years

Rent
$2,151 → $3,018
up 40.3%
Income
$127,072 → $147,357
up 16.0%
Population
21,859 → 25,755
up 17.8%
Renter share
64.3% → 65.8%
+1.5 pts
Bachelor's+
88.9% → 91.5%
+2.6 pts
Median age
32.7 → 32.2
-0.5 yrs

Since 2021, the typical rent in ZIP 60654 in Chicago, IL has increased from $2,151 to $3,018, a 40.3% change over five years. Local incomes tracked alongside that move, going from a median of $127,072 in 2021 to $147,357 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 17.8% since 2021, moving from about 21,859 residents to roughly 25,755. Renters now make up 65.8% of households, compared with 64.3% five years ago. College-educated residents now make up 91.5% of adults here, versus 88.9% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 60654 in Chicago, IL market of 2021.

Community

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Local insights

Tips for renters in ZIP 60654

About renting in ZIP 60654

Last updated: July 20, 2026

ZIP code 60654 covers Chicago, IL. The median rent here is $3,018/mo as of July 2026. A 1-bedroom rents for a median of $2,370/mo. A 2-bedroom rents for a median of $2,670/mo.

At 25% of local median household income ($147,357/yr), ZIP 60654 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60654?

As of July 20, 2026, the median monthly rent in ZIP 60654 (Chicago, IL) is $3,018. This is based on aggregated data from public sources and community submissions.

How does ZIP 60654 rent compare to the US average?

ZIP 60654's median rent of $3,018/mo is $1,053 (54%) above the US national median of $1,965/mo.

How does ZIP 60654 compare to other ZIPs in Illinois?

ZIP 60654 is one of the pricier ZIP codes in Illinois, ranking #5 out of 230 ZIPs tracked at $3,018/mo.

How much income do you need to rent in ZIP 60654?

To keep rent at or below 30% of gross income, you would need to earn at least $121,000/year (~$58/hour full-time) to afford the median rent of $3,018/mo in ZIP 60654. The local median household income is $147,357/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 60654?

Rent in ZIP 60654 has increased 7.1% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 60654 an affordable place to rent?

ZIP 60654 is considered affordable for renters. At $3,018/mo, rent takes approximately 25% of the local median household income ($147,357/yr). The standard benchmark is 30%. ZIP 60654 falls comfortably within that range.

What percentage of ZIP 60654 residents rent vs. own?

According to Census data, approximately 65.8% of ZIP 60654 households are renters, while 34.2% are owner-occupied. With a majority renter population, ZIP 60654 has a strong rental market.

How does ZIP 60654 compare to the rest of Chicago?

ZIP 60654 is pricier than Chicago as a whole. At $3,018/mo, it's $609 above the Chicago citywide median of $2,409/mo.

When was rent data for ZIP 60654 last updated?

Rent data for ZIP 60654 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $3,018/mo, rent takes ~25% of ZIP 60654's median household income ($147,357/yr). The standard benchmark is 30%.

ZIP 60654 25%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60654 (Chicago, IL)

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