Cheap Apartments for Rent in 60040

13 rentals

Apartments For Rent Near 60040

We found 30 more apartments matching your filters just outside 60040

Average Rent Trends in 60040

Rent in 60040 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Jun 2025$2,550
Jul 2025$2,400
Aug 2025$2,432
Sep 2025$2,413
Oct 2025$2,395
Nov 2025$2,395
Dec 2025$2,622
Jan 2026$2,395
Feb 2026$2,565
Mar 2026$2,865
Apr 2026$2,500
May 2026$2,500
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$2,059$3,061$2,250$5,000$2,400
Townhomes———$5,000$5,000
Apartments and Condos—$2,000$1,950—$2,000
Houses———$3,600$3,600

Frequently Asked Questions about Rentals in 60040

  • What is the average rent of an apartment in 60040?
    The average rent of an apartment in 60040 is $2,281 per month. This is about 18% higher than the national average.
  • What is the average rent of a house in 60040?
    The average rent of a house in 60040 is $3,600 per month. This is about 87% higher than the national average.
  • What is the average rent of a townhome in 60040?
    The average rent of a townhome in 60040 is $5,000 per month. This is about 159% higher than the national average.
  • When is the average rent cheapest in 60040?
    In the last year, the average rent in 60040 was lowest in Mar 2025 when it was $2,200 per month.
  • When is the average rent most expensive in 60040?
    In the last year, the average rent in 60040 was highest in May 2025 when it was $2,921 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 60040?
    The average rent of a 1 bedroom apartment in 60040 is $2,059 per month. That is about $959 more than the cost of a studio apartment.
  • How many available rental listings are in 60040?
    There are 14 available rental listings in 60040.
  • What are some cities near 60040?
    Some nearby cities include: Highwood, Fort Sheridan, Highland Park, Bannockburn, Lake Forest, Deerfield. These cities may have more rental options to explore.