Cheap Apartments for Rent in 60616
109 rentals
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Use arrow keys to navigateAPPLY INSTANTLYFURNISHEDROOM FOR RENT
Use arrow keys to navigateAPPLY INSTANTLYFURNISHEDROOM FOR RENT
Use arrow keys to navigateFURNISHEDROOM FOR RENT
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PET FRIENDLY$1,015 - $2,785/mo
Studio-3 Beds
1-2 BathsLake Meadows Apartments | 400 E 33rd St #2-0205,
Chicago, IL 60616
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NEW - 9 HRS AGOPET FRIENDLY
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NEW - 1 DAY AGOPET FRIENDLY
$1,302 - $1,888/mo1-3 Beds1-2 BathsHilliard Towers Family | 2030 S Clark St #14e2eb8b3,
Chicago, IL 60616
PET FRIENDLY$1,399 - $2,459/moStudio-2 Beds1-2 Baths21st Street Lofts by 3L Living | 61 E 21st St #318,
Chicago, IL 60616
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PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
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PET FRIENDLY
NEW - 1 DAY AGOAPPLY INSTANTLYPET FRIENDLY
PET FRIENDLY
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PET FRIENDLY
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PET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY$1,725 - $2,950/moStudio-2 Beds1-2 Baths23rd Place Apartments - Market Rate Apartments | 2350 S State St #517,
Chicago, IL 60616
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NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY
NEW - 2 DAYS AGOSPECIAL OFFERPET FRIENDLY
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Average Rent Trends in 60616
Rent in 60616 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 Mar 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,200 |
| Jul 2025 | $2,037 |
| Aug 2025 | $2,200 |
| Sep 2025 | $2,131 |
| Oct 2025 | $2,100 |
| Nov 2025 | $2,100 |
| Dec 2025 | $2,188 |
| Jan 2026 | $2,050 |
| Feb 2026 | $2,000 |
| Mar 2026 | $2,050 |
| Apr 2026 | $2,100 |
| May 2026 | $2,200 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,000 | $2,500 | $2,500 | $1,700 | $2,300 |
| Townhomes | — | $3,000 | $4,000 | $3,667 | $3,000 |
| Apartments and Condos | $2,000 | $2,400 | $2,350 | $1,700 | $2,300 |
| Houses | — | — | $3,200 | $650 | $3,200 |
Frequently Asked Questions about Rentals in 60616
- What is the average rent of an apartment in 60616?The average rent of an apartment in 60616 is $2,253 per month. This is about 17% higher than the national average.
- What is the average rent of a house in 60616?The average rent of a house in 60616 is $3,200 per month. This is about 66% higher than the national average.
- What is the average rent of a townhome in 60616?The average rent of a townhome in 60616 is $3,000 per month. This is about 55% higher than the national average.
- When is the average rent cheapest in 60616?In the last year, the average rent in 60616 was lowest in May 2025 when it was $1,950 per month.
- When is the average rent most expensive in 60616?In the last year, the average rent in 60616 was highest in Mar 2025 when it was $2,200 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 60616?The average rent of a 1 bedroom apartment in 60616 is $2,000 per month. That is about $528 more than the cost of a studio apartment.
- How many available rental listings are in 60616?There are 130 available rental listings in 60616.
- What are some cities near 60616?