60040 rental market

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Last updated August 28, 2025

Rental market summary

The average rent for 3 bedroom properties in 60040 is $3,281.

Average rent

$3,281

Month-over-month change

+$731

Year-over-year change

+$427

Available rentals

5

Source: Zillow Rentals data

Rental price range

The price range for 3 bedroom properties is $2,395 to $4,125.

Rent frequencies
Rent priceNumber of rental properties
$2,3001
$2,5001
$3,2001
$3,7001
$3,8001
$4,100+1

Average rent price over time

In the last year, rent has increased by $427 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,200$3,000
Feb$2,665$3,000
Mar$2,614$1,900
Apr$2,300$2,540
May$2,477$3,400
Jun$2,769$2,808
Jul$3,700$2,550
Aug$2,659$3,281
Sep$2,886No data
Oct$2,451No data
Nov$3,400No data
Dec$2,890No 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 49% higher than the national average.

60040vs.

$3,281

$2,200

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Frequently asked questions

1. What is the average rent in 60040?

The average rent in 60040 is $2,490.

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

Houses in 60040 rent between $1,525 - $6,000 with an average rent of $2,490.

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

In the last year, the rent in 60040 increased by $140

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

In the last month, the rent in 60040 decreased by $60

5. How many available rentals are there in 60040?

There are currently 10 rentals available in 60040.

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

The average rent in 60040 is $2,490 — Infinity% higher the national average of $0.