Cheap Apartments for Rent in 60605
117 rentals
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- $1,870 - $3,281/moStudio-2 Beds1-2 BathsPark Michigan - 1212 S Michigan | 1212 S Michigan Ave,
Chicago, IL 60605 - Total price$2,261 - $4,370/moStudio-2 Beds1-2 Baths1401 S. State | 1401 S State St,
Chicago, IL 60605 - $2,332 - $14,706/moStudio-4 Beds1-3 BathsSentral Michigan Avenue | 808 S Michigan Ave,
Chicago, IL 60605 Save Search in 60605
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Average Rent Trends in 60605
Rent in 60605 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Oct 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $2,876 |
| Dec 2025 | $2,850 |
| Jan 2026 | $2,709 |
| Feb 2026 | $2,850 |
| Mar 2026 | $2,900 |
| Apr 2026 | $2,860 |
| May 2026 | $2,760 |
| Jun 2026 | $2,818 |
| Jul 2026 | $2,821 |
| Aug 2026 | $2,700 |
| Sep 2026 | $2,679 |
| Oct 2026 | $2,950 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,590 | $3,497 | $5,300 | $5,300 | $2,939 |
| Townhomes | — | — | $3,800 | $1,500 | $3,800 |
| Apartments and Condos | $2,400 | $3,250 | $4,800 | $5,300 | $2,931 |
Frequently Asked Questions about Rentals in 60605
- What is the average rent of an apartment in 60605?The average rent of an apartment in 60605 is $2,525 per month. This is about 30% higher than the national average.
- What are the cheapest months to find an apartment to rent in 60605?Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $2,502 per month.
- How many cheap apartments are available in 60605?There are 71 apartments to rent that are cheaper than the city’s average rent of $2,939.
- When is the average rent most expensive in 60605?In the last year, the average rent in 60605 was highest in Oct 2025 when it was $2,930 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 60605?The average rent of a 1 bedroom apartment in 60605 is $2,590 per month. That is about $391 more than the cost of a studio apartment.
- What are some cities near 60605?
View this page in Spanish: Apartamentos baratos en renta en 60605 - 630 Rentas | Trulia