Find Homes & Apartments for Rent in 60617

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What to Know About

Living in 60617

Chicago is a city that never sleeps, full of vibrant culture, breathtaking architecture, and an electric atmosphere. Known for its towering skyscrapers, deep-dish pizza, and favorite sports teams, Chicago is a destination that delivers excitement and adventure. The city boasts some of the world's best museums, including the Art Institute of Chicago, the Museum of Science and Industry, and the Shedd Aquarium. Take a stroll through Millennium Park to see the iconic Cloud Gate sculpture, or explore the city's numerous parks, like Lincoln Park, Lincoln Park Zoo, and the Chicago Conservatory.

Chicago is a sports lover's paradise, home to the Chicago Cubs (MLB), Chicago Bears (NFL), Chicago Bulls (NBA), and Chicago Blackhawks (NHL), as well as the Chicago Marathon and world-class golf courses. In addition, iconic landmarks such as the Willis Tower and the John Hancock Center are a must-see, as well as the Navy Pier and the Magnificent Mile. Throughout the year, Chicago hosts an array of world-renowned events, including The Chicago Auto Show, the Lollapalooza music festival, and the Taste of Chicago food festival.

With its exceptional blend of history, culture, and excitement, Chicago is the perfect place to call home.

Rental Market Trends

Chicago, IL

As of March 2025, Chicago's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Chicago's average rent is 55.0% ($938) higher than the Illinois average of $1,706 and 47.9% ($856) higher than the U.S. average of $1,788.

Average Rent
$2,644
Monthly ChangeMonth Over Month Change
Decreased0.9% ($24)
Yearly ChangeYear Over Year Change
Increased14.5% ($334)
Avg. Days on MarketAverage Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,384 Increased0.1% ($2) Increased19.3% ($385)
2 Beds $3,537 Decreased0.9% ($32) Increased21.6% ($628)
3 Beds $5,373 Decreased1.8% ($96) Increased33.2% ($1338)
Nearby Cities Average Rent Avg. Rent vs. ChicagoAverage Rent vs. Chicago Avg. Days on MarketAverage Days on Market
Cicero $1,084 Decreased59% ($1560) 30 days
Oak Park $2,590 Decreased2% ($54) 20 days
Berwyn $1,269 Decreased52% ($1375) 30 days
Forest Park $1,720 Decreased34.9% ($924) 28 days
River Forest $1,777 Decreased32.8% ($867) 24 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Chicago Rental Market FAQs

Explore rental prices, market trends, and availability in Chicago, IL.

The average rent in Chicago, IL is $2,644 per month.
Homes in Chicago typically rent for between $1,669 and $6,985 per month, with an average of $2,644 per month.
In Chicago, the average rent for a 1-bedroom home is $2,384 per month, for a 2-bedroom home, $3,537 per month, and a 3-bedroom home is $5,373 per month.
The average rent in Chicago is 47.9% ($856) higher than the national average of $1,788 per month.
The average rent in Chicago has decreased by 0.9% ($24) in the last month and increased by 14.5% ($334) over the past year.
The rental market in Chicago, IL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Chicago, IL, the average rental stays on the market for approximately 26 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 4,717 rental properties available in Chicago, IL.
Based on the current averages, a household would need an annual income of $141,480 to comfortably afford a 2-bedroom home in Chicago.
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