61016 rental market

What is the average rent in 61016?

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Last updated May 15, 2026

Rental market summary

The average rent for all bedrooms and all property types in 61016 is $1,399.

Average rent

$1,399

Month-over-month change

$0

Year-over-year change

+$167

Available rentals

4

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $975 to $2,555.

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Rent frequencies
Rent priceNumber of rental properties
$9001
$1,3001
$1,6001
$1,7001
$2,500+1

Average rent price over time

In the last year, rent has increased by $167 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,299$1,299
Feb$1,600$1,299
Mar$1,232$1,399
Apr$1,232$1,399
May$1,232$1,700
Jun$1,199No data
Jul$970No data
Aug$975No data
Sep$1,399No data
Oct$1,299No data
Nov$1,550No data
Dec$1,695No data

Market temperature

The 61016 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.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 61016 is 30% lower than the national average.

61016vs.

$1,399

$2,000

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Frequently asked questions

1. What is the average rent in 61016?

The average rent in 61016 is $1,399.

2. What is the average rent for a one-bedroom apartment in 61016?

The average rent for a one-bedroom apartment in 61016 is $975 per month.

3. What is the average rent for a two-bedroom apartment in 61016?

The average rent for a two-bedroom apartment in 61016 is $1,449 per month.

4. What is the average rent for a four-bedroom apartment in 61016?

The average rent for a four-bedroom apartment in 61016 is $2,555 per month.

5. How much does it cost to rent a house in 61016?

Houses in 61016 rent between $975 - $2,555 with an average rent of $1,399.

6. How has the rent in 61016 changed in the last year?

In the last year, the rent in 61016 increased by $167

7. How much has the rent in 61016 increased/decreased in the last month?

In the last month, the rent in 61016 did not change.

8. How many available rentals are there in 61016?

There are currently 4 rentals available in 61016.

9. How do rent prices in 61016 compare with the national average?

The average rent in 61016 is $1,399 — 30.05% lower the national average of $2,000.

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