Cheap Apartments for Rent in 60640
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PET FRIENDLY$1,380 - $1,680/mo
Studio-1 Bed
1 BathThe Maynard at 5115 N Sheridan | 5115 N Sheridan Rd,
Chicago, IL 60640
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Average Rent Trends in 60640
Rent in 60640 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Oct 2026 compared to the previous month. Rent previously peaked in Dec 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $1,915 |
| Dec 2025 | $1,995 |
| Jan 2026 | $1,895 |
| Feb 2026 | $1,872 |
| Mar 2026 | $1,900 |
| Apr 2026 | $1,950 |
| May 2026 | $1,995 |
| Jun 2026 | $1,973 |
| Jul 2026 | $2,060 |
| Aug 2026 | $2,100 |
| Sep 2026 | $2,178 |
| Oct 2026 | $2,175 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,900 | $2,850 | $3,500 | $3,495 | $2,241 |
| Townhomes | — | — | $3,284 | $3,284 | $3,284 |
| Apartments and Condos | $1,920 | $2,850 | $3,475 | $3,250 | $2,489 |
| Houses | $2,500 | $2,895 | — | — | $2,995 |
Frequently Asked Questions about Rentals in 60640
- What is the average rent of an apartment in 60640?The average rent of an apartment in 60640 is $2,061 per month. This is about 7% higher than the national average.
- What are the cheapest months to find an apartment to rent in 60640?Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $1,795 per month.
- How many cheap apartments are available in 60640?There are 137 apartments to rent that are cheaper than the city’s average rent of $2,241.
- When is the average rent most expensive in 60640?In the last year, the average rent in 60640 was highest in Dec 2025 when it was $1,995 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 60640?The average rent of a 1 bedroom apartment in 60640 is $1,900 per month. That is about $382 more than the cost of a studio apartment.
- What are some cities near 60640?Some nearby cities include: Lincolnwood, Evanston, Skokie, Harwood Heights, Wilmette, Morton Grove. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 60640 - 588 Rentas | Trulia