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60047 rent trends

Rental prices in 60047 have increased by 13.35% over the past year. The average rent moved from $1,680 to $1,905.

Average rent in 60047

$1,905/mo 60047 average rental price, January 2026
Image Average Rent

    What's the typical rent budget in 60047?

    The largest share of rentals in 60047 (46%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in 60047, IL

    1 /100
    Car-Dependent
    25 /100
    Somewhat Bikeable
    Walk Score®: 1, Bike Score®: 25

    Frequently asked questions

    What is the average rent in 60047?

    The average rent in 60047 is $1,454.

    What type of rental buildings are in 60047?

    In 60047 11% of the housing is rented out compared to 89% of homes are owned, according to the most recent Census Bureau estimates. 31% of 60047's apartments are found in large buildings of 50 units or more, 42% are located in smaller apartment complexes with less than 50 units, and 24% are single-family rentals.

    60047 demographics

    • 44,100Total Population
    • 22,034 Female
      22,066 Male
    • 42Median Age

    60047 households

    • 13,142 Family
      2,214 Non-family
    • 5,969 Children
      9,387 No Children
    • 15,356Total Number of Households
    • 2Average People Per Household
    • $173,043Median Household Income

    60047 education statistics