Cheap Apartments for Rent in 60416

10 rentals

Apartments For Rent Near 60416

We found 30 more apartments matching your filters just outside 60416

Average Rent Trends in 60416

Rent in 60416 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Sep 2026 compared to the previous month. Rent previously peaked in Nov 2025.
MonthAverage rent
Oct 2025$1,551
Nov 2025$1,589
Dec 2025$1,500
Jan 2026$1,519
Feb 2026$1,400
Mar 2026$1,350
Apr 2026$1,200
May 2026$1,250
Jun 2026$1,245
Jul 2026$1,199
Aug 2026$1,199
Sep 2026$1,200
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Houses were the most affordable home type to rent compared with Apartments and Condos.
1 bed2 beds3 beds4 bedsAll
All home types$1,150$1,400$1,199—$1,293
Apartments and Condos$1,150$1,350——$1,350
Houses—$1,228——$1,228

Frequently Asked Questions about Rentals in 60416

  • What is the average rent of an apartment in 60416?
    The average rent of an apartment in 60416 is $1,338 per month. This is about 31% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 60416?
    Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,100 per month.
  • How many cheap apartments are available in 60416?
    There are 5 apartments to rent that are cheaper than the city’s average rent of $1,293.
  • When is the average rent most expensive in 60416?
    In the last year, the average rent in 60416 was highest in Nov 2025 when it was $1,589 per month.
  • What are some cities near 60416?
    Some nearby cities include: Coal City, Carbon Hill, Diamond, Braidwood, Godley, Braceville. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 60416 - 479 Rentas | Trulia