ZIP Code · IL

ZIP 60657

Part of Chicago, IL
Pop. 71,904·Cook County·30th most expensive ZIP in Illinois
Median rent (all units)
$2,542/mo
Year-over-Year
+18.2%
Month-over-Month
-0.6%
vs US Median
+$577
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 60657 · $2,542
More expensive than 80% 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
$30,504/yr
At $2,542/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 18.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+18.2% YoY, -0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 60657 (Chicago, IL) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 86.6% of residents hold a bachelor's degree or higher.

Population
71,904
Median income
$110,939
Median age
31.3
Renters
62.5%
Age distribution
48.1%
23.5%
Under 1811.7%
18–3448.1%
35–5423.5%
55–646.6%
65+10.1%
Gender
50.5%
49.5%
Male50.5%
Female49.5%
Race & ethnicity
77.6%
White77.6%
Black3.1%
Hispanic9.8%
Asian7.4%
Other2.1%
Education (25+)
86.6%
No HS diploma1.3%
HS diploma4.6%
Some college7.5%
Bachelor's+86.6%
Housing tenure
37.5%
62.5%
Owner37.5%
Renter62.5%

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

2021 vs 2026

How ZIP 60657 in Chicago, IL has changed in 5 years

Rent
$1,672 → $2,542
up 52.0%
Income
$98,457 → $110,939
up 12.7%
Population
72,113 → 71,904
down 0.3%
Renter share
61.5% → 62.5%
+1.0 pts
Bachelor's+
85.4% → 86.6%
+1.2 pts

The median rent in ZIP 60657 in Chicago, IL stood at $1,672 in 2021 and currently runs about $2,542, reflecting a 52.0% increase over the period. Household income in the area moved from $98,457 to $110,939 across the same window, up 12.7% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. Reading these numbers side by side helps frame whether current listings in ZIP 60657 in Chicago, IL look reasonable against where the market sat half a decade ago.

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Local insights

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About renting in ZIP 60657

Last updated: July 20, 2026

ZIP code 60657 covers Chicago, IL. The median rent here is $2,542/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 27% of local median household income ($110,939/yr), ZIP 60657 ranks as affordable compared to the national benchmark of 30%. Rents have increased 18.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60657?

As of July 20, 2026, the median monthly rent in ZIP 60657 (Chicago, IL) is $2,542. This is based on aggregated data from public sources and community submissions.

How does ZIP 60657 rent compare to the US average?

ZIP 60657's median rent of $2,542/mo is $577 (29%) above the US national median of $1,965/mo.

How does ZIP 60657 compare to other ZIPs in Illinois?

ZIP 60657 is one of the pricier ZIP codes in Illinois, ranking #30 out of 230 ZIPs tracked at $2,542/mo.

How much income do you need to rent in ZIP 60657?

To keep rent at or below 30% of gross income, you would need to earn at least $102,000/year (~$49/hour full-time) to afford the median rent of $2,542/mo in ZIP 60657. The local median household income is $110,939/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 60657?

Rent in ZIP 60657 has increased 18.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 60657 an affordable place to rent?

ZIP 60657 is considered affordable for renters. At $2,542/mo, rent takes approximately 27% of the local median household income ($110,939/yr). The standard benchmark is 30%. ZIP 60657 falls comfortably within that range.

What percentage of ZIP 60657 residents rent vs. own?

According to Census data, approximately 62.5% of ZIP 60657 households are renters, while 37.5% are owner-occupied. With a majority renter population, ZIP 60657 has a strong rental market.

How does ZIP 60657 compare to the rest of Chicago?

ZIP 60657 is pricier than Chicago as a whole. At $2,542/mo, it's $133 above the Chicago citywide median of $2,409/mo.

When was rent data for ZIP 60657 last updated?

Rent data for ZIP 60657 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $2,542/mo, rent takes ~27% of ZIP 60657's median household income ($110,939/yr). The standard benchmark is 30%.

ZIP 60657 27%Benchmark 30%
State income tax4.95%
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Schools nearby

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