60416 rental market
Last updated August 16, 2025
Rental market summary
The average rent for 2 bedroom properties in 60416 is $1,300.
$1,300
-$50
+$1,300
3
Source: Zillow Rentals data
Rental price range
The price range for 2 bedroom properties is $1,300 to $1,350.
| Rent price | Number of rental properties |
|---|---|
| $1,200 | 2 |
| $1,300+ | 3 |
Average rent price over time
In the last year, rent has increased by $1,300 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $559 | $1,600 |
| Feb | $559 | $1,300 |
| Mar | $900 | $1,245 |
| Apr | $1,400 | $1,245 |
| May | $1,100 | $1,300 |
| Jun | $900 | $1,350 |
| Jul | $1,250 | $1,350 |
| Aug | $1,250 | $1,300 |
| Sep | $900 | No data |
| Oct | $900 | No data |
| Nov | $1,200 | No data |
| Dec | $1,300 | No data |
Market temperature
The 60416 rental market temperature is COOL. 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 60416 is 31% lower than the national average.
$1,300
$1,895
Rent in 60416
We created a seamless online experience for you - from shopping on the largest rental network, to applying, to paying rent.
Post a rental listing
Rent trends near 60416
Frequently asked questions
1. What is the average rent in 60416?
The average rent in 60416 is $1,300.
2. How much does it cost to rent a house in 60416?
Houses in 60416 rent between $1,150 - $2,100 with an average rent of $1,300.
3. How has the rent in 60416 changed in the last year?
In the last year, the rent in 60416 increased by $305
4. How much has the rent in 60416 increased/decreased in the last month?
In the last month, the rent in 60416 increased by $34
5. How many available rentals are there in 60416?
There are currently 7 rentals available in 60416.
6. How do rent prices in 60416 compare with the national average?
The average rent in 60416 is $1,300 — Infinity% higher the national average of $0.