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Rent by ZIP · Cook County

Rent in Chicago, IL 60647

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,570 (+15.8% vs FY2026). Renters in this ZIP code pay a median $1,774 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$2,140$1,840+16.3%$1,926–2,354$1,221 ±$89
1 bedroom$2,270$1,970+15.2%$2,043–2,497$1,476 ±$78
2 bedrooms$2,570$2,220+15.8%$2,313–2,827$1,863 ±$71
3 bedrooms$3,300$2,860+15.4%$2,970–3,630$2,088 ±$90
4 bedrooms$3,770$3,310+13.9%$3,393–4,147$2,406 ±$474

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 60647

Median gross rent$1,774±$43 · all sizes
Renter households23,76361% of occupied homes
No cash rent459households

How rents are spread

Under $1,00012%
$1,000–1,49923%
$1,500–1,99927%
$2,000–2,49919%
$2,500–2,99911%
$3,000–3,4995%
$3,500+3%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
60646Chicago$1,920$1,524
60645Chicago$2,150$1,493
60649Chicago$1,710$1,167
60644Chicago$1,640$1,190
60643Chicago$1,880$1,303
60651Chicago$1,720$1,200

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.