Rent by ZIP · Cook County
Rent in Chicago, IL 60632
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,500 (+15.4% vs FY2026). Renters in this ZIP code pay a median $1,127 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,250 | $1,080 | +15.7% | $1,125–1,375 | $1,320 ±$111 |
| 1 bedroom | $1,330 | $1,150 | +15.7% | $1,197–1,463 | $989 ±$84 |
| 2 bedrooms | $1,500 | $1,300 | +15.4% | $1,350–1,650 | $1,083 ±$51 |
| 3 bedrooms | $1,930 | $1,670 | +15.6% | $1,737–2,123 | $1,250 ±$76 |
| 4 bedrooms | $2,200 | $1,940 | +13.4% | $1,980–2,420 | $1,551 ±$214 |
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 60632
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 |
|---|---|---|---|
| 60631 | Chicago | $2,190 | $1,492 |
| 60633 | Chicago | $1,620 | $892 |
| 60630 | Chicago | $2,090 | $1,479 |
| 60634 | Chicago | $1,930 | $1,358 |
| 60629 | Chicago | $1,570 | $1,136 |
| 60628 | Chicago | $1,700 | $1,158 |
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.