60416 rental market
Last updated August 13, 2025
Rental market summary
The average rent for 3 bedroom properties in 60416 is $1,509.
$1,509
+$243
+$9
2
Source: Zillow Rentals data
Rental price range
The price range for 3 bedroom properties is $1,169 to $2,100.
| Rent price | Number of rental properties |
|---|---|
| $1,500 | 1 |
| $2,000 | 1 |
| $2,100+ | 1 |
Average rent price over time
In the last year, rent has increased by $9 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,650 | $2,500 |
| Apr | $1,375 | $2,150 |
| Sep | $1,800 | $1,650 |
| Oct | $1,500 | $1,900 |
| Nov | $1,800 | $1,650 |
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 32% lower than the national average.
$1,509
$2,225
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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 6 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.