61016 rental market
Last updated August 8, 2025
Rental market summary
The average rent for 1 bedroom properties in 61016 is $975.
$975
+$25
-$324
2
Source: Zillow Rentals data
Rental price range
The price range for 1 bedroom properties is $975 to $975.
| Rent price | Number of rental properties |
|---|---|
| $900 | 1 |
| $1,100+ | 1 |
Average rent price over time
In the last year, rent has decreased by $324 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $900 | $1,299 |
| Feb | $1,099 | $1,199 |
| Mar | $1,099 | $1,125 |
| Apr | $1,099 | $1,199 |
| May | $1,299 | $1,199 |
| Jun | $1,299 | $1,124 |
| Jul | $1,299 | $970 |
| Aug | $1,299 | $975 |
| Sep | $1,299 | No data |
| Oct | $1,299 | No data |
| Nov | $1,299 | No data |
| Dec | $1,299 | No data |
Market temperature
The 61016 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 61016 is 39% lower than the national average.
$975
$1,595
Rent in 61016
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Frequently asked questions
1. What is the average rent in 61016?
The average rent in 61016 is $975.
2. How much does it cost to rent a house in 61016?
Houses in 61016 rent between $975 - $975 with an average rent of $975.
3. How has the rent in 61016 changed in the last year?
In the last year, the rent in 61016 decreased by $324
4. How much has the rent in 61016 increased/decreased in the last month?
In the last month, the rent in 61016 increased by $25
5. How many available rentals are there in 61016?
There are currently 2 rentals available in 61016.
6. How do rent prices in 61016 compare with the national average?
The average rent in 61016 is $975 — Infinity% higher the national average of $0.