60016 rental market

What is the average rent in 60016?

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Last updated June 17, 2026

Rental market summary

The average rent for all bedrooms and all property types in 60016 is $1,950.

Average rent

$1,950

Month-over-month change

$0

Year-over-year change

+$150

Available rentals

85

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,100 to $14,702.

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Rent frequencies
Rent priceNumber of rental properties
$1,0001
$1,1002
$1,2002
$1,3004
$1,4006
$1,50010
$1,6007
$1,70012
$1,80012
$1,9009
$2,0006
$2,1008
$2,2003
$2,5001
$2,6001
$2,7003
$2,8003
$2,9003
$3,0001
$3,1001
$3,2004
$3,3002
$3,4001
$3,5002
$3,6001
$3,7001
$3,8001
$4,3001
$4,4001
$5,000+7

Average rent price over time

In the last year, rent has increased by $150 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,900$1,950
Feb$1,950$1,900
Mar$1,900$1,950
Apr$1,900$1,933
May$1,950$1,900
Jun$1,928$1,950
Jul$1,800No data
Aug$2,000No data
Sep$2,013No data
Oct$1,950No data
Nov$1,996No data
Dec$1,950No data

Market temperature

The 60016 rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 60016 is 3% lower than the national average.

60016vs.

$1,950

$2,009

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Frequently asked questions

1. What is the average rent in 60016?

The average rent in 60016 is $1,950.

2. What is the average rent for a studio apartment in 60016?

The average rent for a studio apartment in 60016 is $1,525 per month.

3. What is the average rent for a one-bedroom apartment in 60016?

The average rent for a one-bedroom apartment in 60016 is $1,600 per month.

4. What is the average rent for a two-bedroom apartment in 60016?

The average rent for a two-bedroom apartment in 60016 is $1,950 per month.

5. What is the average rent for a three-bedroom apartment in 60016?

The average rent for a three-bedroom apartment in 60016 is $3,375 per month.

6. What is the average rent for a four-bedroom apartment in 60016?

The average rent for a four-bedroom apartment in 60016 is $7,175 per month.

7. How much does it cost to rent a house in 60016?

Houses in 60016 rent between $1,100 - $14,702 with an average rent of $1,950.

8. How has the rent in 60016 changed in the last year?

In the last year, the rent in 60016 increased by $150

9. How much has the rent in 60016 increased/decreased in the last month?

In the last month, the rent in 60016 did not change.

10. How many available rentals are there in 60016?

There are currently 85 rentals available in 60016.

11. How do rent prices in 60016 compare with the national average?

The average rent in 60016 is $1,950 — 2.94% lower the national average of $2,009.

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