Cheap Apartments for Rent in 60123

28 rentals

Apartments For Rent Near 60123

We found 30 more apartments matching your filters just outside 60123

Average Rent Trends in 60123

Rent in 60123 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Jun 2025$1,645
Jul 2025$1,700
Aug 2025$1,695
Sep 2025$1,750
Oct 2025$1,600
Nov 2025$1,650
Dec 2025$1,625
Jan 2026$1,625
Feb 2026$1,550
Mar 2026$1,500
Apr 2026$1,575
May 2026$1,600
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 Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,350$1,600$2,280$2,600$1,600
Townhomes—$1,800——$1,800
Apartments and Condos$1,350$1,575$2,000—$1,450
Houses——$2,289$2,600$2,289

Frequently Asked Questions about Rentals in 60123

  • What is the average rent of an apartment in 60123?
    The average rent of an apartment in 60123 is $1,478 per month. This is about 23% lower than the national average.
  • What is the average rent of a house in 60123?
    The average rent of a house in 60123 is $2,289 per month. This is about 19% higher than the national average.
  • What is the average rent of a townhome in 60123?
    The average rent of a townhome in 60123 is $1,800 per month. This is about 7% lower than the national average.
  • When is the average rent cheapest in 60123?
    In the last year, the average rent in 60123 was lowest in Oct 2025 when it was $1,600 per month.
  • When is the average rent most expensive in 60123?
    In the last year, the average rent in 60123 was highest in Jan 2025 when it was $1,999 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 60123?
    The average rent of a 1 bedroom apartment in 60123 is $1,350 per month. That is about $300 more than the cost of a studio apartment.
  • How many available rental listings are in 60123?
    There are 35 available rental listings in 60123.
  • What are some cities near 60123?
    Some nearby cities include: Elgin, Sleepy Hollow, South Elgin, West Dundee, East Dundee, Gilberts. These cities may have more rental options to explore.