60623 rental market

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Last updated August 11, 2025

Rental market summary

The average rent for 1 bedroom properties in 60623 is $1,100.

Average rent

$1,100

Month-over-month change

-$150

Year-over-year change

-$70

Available rentals

12

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $650 to $1,595.

Rent frequencies
Rent priceNumber of rental properties
$6001
$8001
$9001
$1,0004
$1,1002
$1,2001
$1,3002
$1,4002
$1,500+1

Average rent price over time

In the last year, rent has decreased by $70 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,195$1,100
Feb$1,100$1,125
Mar$1,195$965
Apr$1,195$1,150
May$1,145$1,125
Jun$1,100$1,200
Jul$1,200$1,295
Aug$1,200$1,095
Sep$1,150No data
Oct$1,175No data
Nov$1,100No data
Dec$1,100No data

Market temperature

The 60623 rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 60623 is 31% lower than the national average.

60623vs.

$1,100

$1,592

Rent in 60623

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Frequently asked questions

1. What is the average rent in 60623?

The average rent in 60623 is $1,550.

2. How much does it cost to rent a house in 60623?

Houses in 60623 rent between $650 - $4,500 with an average rent of $1,550.

3. How has the rent in 60623 changed in the last year?

In the last year, the rent in 60623 increased by $100

4. How much has the rent in 60623 increased/decreased in the last month?

In the last month, the rent in 60623 decreased by $35

5. How many available rentals are there in 60623?

There are currently 130 rentals available in 60623.

6. How do rent prices in 60623 compare with the national average?

The average rent in 60623 is $1,550 — Infinity% higher the national average of $0.