60040 rental market

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Last updated August 17, 2025

Rental market summary

The average rent for 2 bedroom properties in 60040 is $2,591.

Average rent

$2,591

Month-over-month change

+$41

Year-over-year change

-$159

Available rentals

5

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $2,070 to $2,975.

Rent frequencies
Rent priceNumber of rental properties
$2,0001
$2,5002
$2,8001
$2,900+1

Average rent price over time

In the last year, rent has decreased by $159 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,572$2,763
Feb$2,851$2,867
Mar$2,766$2,200
Apr$2,438$2,837
May$2,521$2,854
Jun$2,425$2,208
Jul$2,350$2,400
Aug$2,350$2,550
Sep$2,500No data
Oct$2,350No data
Nov$2,700No data
Dec$2,350No data

Market temperature

The 60040 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 60040 is 37% higher than the national average.

60040vs.

$2,591

$1,895

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Frequently asked questions

1. What is the average rent in 60040?

The average rent in 60040 is $2,550.

2. How much does it cost to rent a house in 60040?

Houses in 60040 rent between $1,550 - $6,000 with an average rent of $2,550.

3. How has the rent in 60040 changed in the last year?

In the last year, the rent in 60040 increased by $224

4. How much has the rent in 60040 increased/decreased in the last month?

In the last month, the rent in 60040 did not change.

5. How many available rentals are there in 60040?

There are currently 9 rentals available in 60040.

6. How do rent prices in 60040 compare with the national average?

The average rent in 60040 is $2,550 — Infinity% higher the national average of $0.