60016 rental market
Last updated August 20, 2025
Rental market summary
The average rent for 1 bedroom properties in 60016 is $1,585.
$1,585
+$26
+$85
21
Source: Zillow Rentals data
Rental price range
The price range for 1 bedroom properties is $1,275 to $3,499.
| Rent price | Number of rental properties |
|---|---|
| $1,200 | 1 |
| $1,300 | 2 |
| $1,400 | 6 |
| $1,500 | 3 |
| $1,600 | 4 |
| $1,700 | 2 |
| $2,000 | 1 |
| $2,300 | 1 |
| $2,400 | 1 |
| $2,800+ | 1 |
Average rent price over time
In the last year, rent has increased by $85 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,490 | $1,495 |
| Feb | $1,509 | $1,541 |
| Mar | $1,495 | $1,541 |
| Apr | $1,486 | $1,518 |
| May | $1,650 | $1,600 |
| Jun | $1,500 | $1,594 |
| Jul | $1,495 | $1,509 |
| Aug | $1,500 | $1,569 |
| Sep | $1,495 | No data |
| Oct | $1,474 | No data |
| Nov | $1,495 | No data |
| Dec | $1,517 | No 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 60016 is 0.02% lower than the national average.
$1,585
$1,586
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Frequently asked questions
1. What is the average rent in 60016?
The average rent in 60016 is $1,983.
2. How much does it cost to rent a house in 60016?
Houses in 60016 rent between $1,275 - $9,900 with an average rent of $1,983.
3. How has the rent in 60016 changed in the last year?
In the last year, the rent in 60016 increased by $127
4. How much has the rent in 60016 increased/decreased in the last month?
In the last month, the rent in 60016 increased by $93
5. How many available rentals are there in 60016?
There are currently 59 rentals available in 60016.
6. How do rent prices in 60016 compare with the national average?
The average rent in 60016 is $1,983 — Infinity% higher the national average of $0.