Rent by ZIP · Cook County
Rent in Chicago, IL 60620
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,640 (+13.1% vs FY2026). Renters in this ZIP code pay a median $1,122 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,370 | $1,200 | +14.2% | $1,233–1,507 | $365 ±$206 |
| 1 bedroom | $1,450 | $1,290 | +12.4% | $1,305–1,595 | $911 ±$45 |
| 2 bedrooms | $1,640 | $1,450 | +13.1% | $1,476–1,804 | $1,133 ±$37 |
| 3 bedrooms | $2,110 | $1,870 | +12.8% | $1,899–2,321 | $1,425 ±$75 |
| 4 bedrooms | $2,410 | $2,160 | +11.6% | $2,169–2,651 | $1,897 ±$278 |
Small Area FMRs for the Chicago-Joliet-Naperville, IL HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Chicago-Joliet-Naperville, IL HUD Metro FMR Area, 2 bedrooms: $2,011.
What renters pay in 60620
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 60619 | Chicago | $1,640 | $1,132 |
| 60621 | Chicago | $1,530 | $1,042 |
| 60618 | Chicago | $2,330 | $1,696 |
| 60622 | Chicago | $2,810 | $2,053 |
| 60617 | Chicago | $1,520 | $1,069 |
| 60623 | Chicago | $1,530 | $1,114 |
Fair Market Rents across Cook County, IL · All IL counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.