Cheap Apartments for Rent in 60607
221 rentals
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- $1,907 - $3,130/moStudio-2 Beds1-2 BathsScio at the Medical District | 901 S Ashland Ave,
Chicago, IL 60607 - Total price$2,179 - $3,045/moStudio-1 Bed1 BathThe Grand Central | 221 W Harrison St,
Chicago, IL 60607 - Total price$2,354 - $7,907/moStudio-3 Beds1-2 BathsUnion West | 939 W Washington Blvd,
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Average Rent Trends in 60607
Rent in 60607 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $2,838 |
| Nov 2025 | $3,000 |
| Dec 2025 | $3,045 |
| Jan 2026 | $2,949 |
| Feb 2026 | $3,000 |
| Mar 2026 | $3,048 |
| Apr 2026 | $3,168 |
| May 2026 | $3,195 |
| Jun 2026 | $3,118 |
| Jul 2026 | $3,163 |
| Aug 2026 | $3,023 |
| Sep 2026 | $3,274 |
Average Rent By Bedroom and Home Type
In October 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,817 | $3,900 | $4,925 | $3,300 | $3,200 |
| Townhomes | $2,300 | $2,500 | $4,433 | — | $2,300 |
| Apartments and Condos | $2,800 | $3,750 | $4,800 | $2,800 | $3,023 |
| Houses | — | $3,600 | — | $10,000 | $5,000 |
Frequently Asked Questions about Rentals in 60607
- What is the average rent of an apartment in 60607?The average rent of an apartment in 60607 is $3,209 per month. This is about 65% higher than the national average.
- What are the cheapest months to find an apartment to rent in 60607?Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $2,800 per month.
- How many cheap apartments are available in 60607?There are 131 apartments to rent that are cheaper than the city’s average rent of $3,200.
- When is the average rent most expensive in 60607?In the last year, the average rent in 60607 was highest in May 2025 when it was $3,086 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 60607?The average rent of a 1 bedroom apartment in 60607 is $2,817 per month. That is about $379 more than the cost of a studio apartment.
- What are some cities near 60607?
View this page in Spanish: Apartamentos baratos en renta en 60607 - 707 Rentas | Trulia