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Typical Rent in 60183 — Chicago, IL
The typical 1-bedroom rent in 60183 (Chicago, IL) is $1,730/month as of 2026, based on 3 data sources. Rents have risen 12.0% year over year, so an increase above 12.0% exceeds the local market trend. Studio: $2,220. 2-bedroom: $2,670.
Rents in Chicago have changed approximately +2.7% – +53.9% over the past year based on local market data. A rent increase above 53.9% is above the local market trend.
Estimated Rent · 1-Bedroom
$1,730/mo
Source: HUD Estimated Rent
Data through
Based on federal benchmarks and 2 additional market sources.
The HUD Fair Market Rent for a 1-bedroom in 60183 (Chicago, IL) is $2,370 for FY2026.
Rents in 60183 have increased 12.0% year-over-year based on local market data.
The confidence level for this estimate is moderate based on 3 data sources.
Based on local market data, a fair rent increase in Chicago (60183) is approximately 12.0% for 2026. The typical 1-bedroom rent is $1,730/month. Any increase significantly above 12.0% exceeds the local market trend and may be worth negotiating.
Sources: local market data, HUD SAFMR FY2026, Rentcast. Updated February 2026.
What Should Rent Cost in 60183 (Chicago)?
Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.
A studio in 60183 (Chicago) typically rents for $2,220 – $2,553.
Rents above $2,936 are in the top 25% for this area.
A 1-bedroom in 60183 (Chicago) typically rents for $2,370 – $2,726.
Rents above $3,135 are in the top 25% for this area.
A 2-bedroom in 60183 (Chicago) typically rents for $2,670 – $3,070.
Rents above $3,530 are in the top 25% for this area.
A 3-bedroom in 60183 (Chicago) typically rents for $3,440 – $3,956.
Rents above $4,549 are in the top 25% for this area.
A 4-bedroom in 60183 (Chicago) typically rents for $3,980 – $4,577.
Rents above $5,264 are in the top 25% for this area.
Current Asking Rents in 60183
What are apartments actually renting for near 60183? Click below to see live asking rents from current listings.
Live market data · Updated daily
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Rent Trends in Chicago, IL
+12.0%
Rents in 60183 (Chicago) are rising at +12.0% year-over-year.
⚠ Mixed signals
Market sources range from +2.7% to +53.9%
Sources: Apartment List, HUD Fair Market Rent
Federal Rent Benchmarks for 60183
HUD Fair Market Rents are federal rent benchmarks used for housing programs, published annually by HUD.Note: These values represent the HUD metro-area benchmark for the Chicago-Joliet-Naperville, IL HUD Metro FMR Area area, not zip-specific rates.
| Bedroom Size | Fair Market Rent | Estimated Rent |
|---|---|---|
| Studio | $2,220 | $1,619 |
| 1-Bedroom | $2,370 | $1,730 |
| 2-Bedroom | $2,670 | $1,949 |
| 3-Bedroom | $3,440 | $2,510 |
| 4-Bedroom | $3,980 | $2,903 |
Source: HUD SAFMR FY2026 · Updated
Questions about rent in 60183
What is the average 1-bedroom rent in 60183?
The typical 1-bedroom rent in 60183 (Chicago, IL) is $1,730/month as of 2026. This page also shows nearby bedroom benchmarks, including studio rent at $2,220 and 2-bedroom rent at $2,670.
What is a fair rent increase in 60183?
A rent increase up to about 12.0% is in line with the recent local market trend in 60183. An increase above that level is above trend and may justify a closer review against local pricing and comparable apartments.
Are rents going up or down in 60183?
Rents in 60183 have risen 12.0% year over year based on the local trend data used on this page.
How much do studios and 2-bedrooms cost in 60183?
On this page, studio rent in 60183 is $2,220/month and 2-bedroom rent is $2,670/month. These figures help show whether your current or proposed rent fits the broader local bedroom mix.
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These zip codes have similar 1-bedroom rents to 60183 ($2,370/mo) — useful for comparing what your rent gets you in other markets.
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Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →