Rent by ZIP · Cook County
Rent in Chicago, IL 60656
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,960 (+12% vs FY2026). Renters in this ZIP code pay a median $1,461 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,640 | $1,450 | +13.1% | $1,476–1,804 | $1,279 ±$143 |
| 1 bedroom | $1,730 | $1,550 | +11.6% | $1,557–1,903 | $1,341 ±$143 |
| 2 bedrooms | $1,960 | $1,750 | +12% | $1,764–2,156 | $1,503 ±$145 |
| 3 bedrooms | $2,520 | $2,250 | +12% | $2,268–2,772 | $2,051 ±$235 |
| 4 bedrooms | $2,880 | $2,610 | +10.3% | $2,592–3,168 | $2,136 ±$269 |
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 60656
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 |
|---|---|---|---|
| 60655 | Chicago | $2,010 | $1,678 |
| 60657 | Chicago | $3,020 | $2,344 |
| 60654 | Chicago | $3,020 | $3,500+ |
| 60653 | Chicago | $1,510 | $991 |
| 60659 | Chicago | $2,080 | $1,450 |
| 60652 | Chicago | $1,880 | $1,320 |
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.