Rent by ZIP · Cook County
Rent in Chicago, IL 60642
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $3,020 (+13.1% vs FY2026). Renters in this ZIP code pay a median $2,243 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $2,520 | $2,220 | +13.5% | $2,268–2,772 | $1,930 ±$382 |
| 1 bedroom | $2,670 | $2,370 | +12.7% | $2,403–2,937 | $2,029 ±$213 |
| 2 bedrooms | $3,020 | $2,670 | +13.1% | $2,718–3,322 | $2,346 ±$150 |
| 3 bedrooms | $3,880 | $3,440 | +12.8% | $3,492–4,268 | $2,635 ±$219 |
| 4 bedrooms | $4,440 | $3,980 | +11.6% | $3,996–4,884 | – |
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 60642
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 |
|---|---|---|---|
| 60641 | Chicago | $1,970 | $1,408 |
| 60643 | Chicago | $1,880 | $1,303 |
| 60640 | Chicago | $2,600 | $1,838 |
| 60644 | Chicago | $1,640 | $1,190 |
| 60639 | Chicago | $1,760 | $1,249 |
| 60645 | Chicago | $2,150 | $1,493 |
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.