Cheap Apartments for Rent in 60123
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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 Aug 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jun 2026 | $1,600 |
| Jul 2026 | $1,725 |
| Aug 2026 | $1,750 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,400 | $1,725 | $2,650 | $11,011 | $1,750 |
| Townhomes | $1,250 | $1,725 | — | $2,425 | $1,725 |
| Apartments and Condos | $1,350 | $1,650 | $2,050 | — | $1,575 |
| Houses | — | $1,819 | $2,750 | $11,011 | $2,683 |
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 $1,620 per month. This is about 17% 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 $1,400 per month. That is about $200 more than the cost of a studio apartment.
- How many available rental listings are in 60123?There are 42 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.
View this page in Spanish: Apartamentos baratos en renta en 60123 - 50 Rentas | Trulia