Rent and resale evidence point to a meaningful split in this ZIP, making a single-market reading inadequate. In June 2026, Zillow's ZIP ZORI is $2,261 per month. ZORI is a typical observed asking-rent index blended across rental types, rather than a lease quote for a defined unit. The five-digit label 60618 is both Zillow's ZIP market identifier and a Census ZCTA match; a ZCTA is a statistical area and is not identical to a USPS delivery ZIP. That distinction matters when connecting the asking-rent index to the matched survey geography. The current ZORI is the ZIP's asking-rent anchor, while the separate direct resale observations below describe for-sale activity only.
The historical ZORI record through the supplied endpoint is backward-looking, not a forecast or investment recommendation. Exact same-month annualized ZORI change is 6.78% for the latest one-year comparison, 6.15% over three years, and 6.82% over five years. The latest reading is above the three-year pace and essentially in line with the five-year pace, so recent direction confirms rather than breaks from the longer growth path. The history has complete coverage. Its annualized monthly-return variability is 1.42%, which supports more confidence in one current index snapshot than a highly variable history would. The maximum observed drawdown is a separate 2.57% peak-to-trough decline. Transparent national discovery ranks among history-eligible ZIPs were 115 for momentum, 3 for stability, and 4 for the balanced score, where lower rank is higher.
Source definitions explain why rent figures do not align. In the matched ACS 2024 five-year ZCTA, median gross rent was $1,611; this is a survey estimate for occupied renter homes and includes selected utilities. The June Zillow asking-rent index is 40.35% higher, a cross-universe contrast rather than proof that any household or unit pays that gap. HUD FY2026 FMR/SAFMR is an administrative bedroom-specific standard, not asking rent. Scaling ZIP ZORI using the local HUD ladder produces modelled monthly estimates of $1,875 for a studio, $2,011 for one bedroom, $2,261 for two bedrooms, $2,909 for three bedrooms, and $3,363 for four bedrooms. These are modelled estimates, never measured bedroom rents.
The affordability screen is a calculation, not advice and not an applicant qualification rule. At a 30% rent-to-income threshold, the current monthly ZORI converts to required annual household income of $90,440. The matched ZCTA's ACS median household income is $106,384, yielding an asking-rent-to-income screen of 25.50%. Separately, ACS estimates that 6,607 of 18,876 renter households, or 35.00%, devote that threshold or more of income to gross rent; the 90% margin of error on that burdened-household count is ±753. This burden estimate describes surveyed renter households over the five-year ACS period and cannot establish affordability, payment history, or burden for a particular available unit.
Housing composition and vacancy are likewise ZCTA survey measures, not a live inventory feed. The ACS estimate contains 41,186 housing units and a 7.64% vacancy rate. Renters represent 49.62% of occupied homes. The stock includes 10,659 single-family units and 2,958 units in the supplied large-multifamily category, demonstrating that neither label captures every structure type by itself. Of the vacant stock, 933 units are classified vacant for rent. That category is not proof that a specific home is available, habitable, competitively priced, or suitable for a particular household. It instead frames the survey-based housing backdrop alongside the current Zillow index.
Wider comparisons place the ZIP index in context without replacing ZIP evidence: Chicago city context rent is $2,408.80, Cook County context rent is $2,336, and the Chicago-Naperville-Elgin, IL-IN-WI metro context rent is $2,275, each above the $2,261 ZIP ZORI. Chicago city, Cook County, and metro values are wider-geography context only, so they are not substitutes for a ZIP asking-rent observation or the matched ZCTA's household survey measures. The comparison establishes a broader rent backdrop, not a claim that a particular property shares city, county, or metro conditions.
The direct rolling-three-month ZIP resale observation ending June 30, 2026 reports a $699,842 median sold price, up 16.93% year over year. It records 310 homes sold with median marketing time of 36 days, 163 homes of inventory, and 1.6 months of supply. Sale-to-list signals were 105.20% on average and 68.50% of sales closed above list. These are for-sale/resale measurements, never rental transactions, rental comparables, or property economics. The resale price movement is much stronger than the recent ZORI gain, a tension that challenges any assumption that the rent history maps proportionally to sale pricing. Yet it confirms that the direct ZIP for-sale series, not Zillow or ACS, is where liquidity and sale negotiation signals belong.
Annualized ZIP ZORI divided by the Redfin median sold price equals a 3.88% cross-source screening ratio. It does not incorporate unit-specific operating costs, financing, taxes, condition, concessions, or the distinction between an asking-rent index and closed sales. Accordingly, it cannot resolve the tension between stable historical rent growth and faster reported resale-price growth. Relevant property-level checks include verifying that an address is in the relevant market and ZCTA match, obtaining the live asking rent and bedroom count, identifying included utilities and lease terms, inspecting current availability and condition, and reviewing applicable closed sales and listing records. Those checks remain necessary because ZORI, ACS vacancy and burden, HUD standards, and Redfin resale evidence all describe different measurement universes. The unresolved question is whether a specific unit's terms actually match any of these broad indicators.
","findings":[{"body":"June 2026 ZIP ZORI is $2,261, while the exact one-, three-, and five-year same-month growth measures sit between 6.15% and 6.82%. Complete coverage, 1.42% annualized variability, and a 2.57% maximum drawdown describe a stable backward-looking index history. This makes the present ZORI a steadier historical snapshot than a highly variable series would be, without predicting future rents or any unit's lease outcome.","title":"Stable historical asking-rent path"},{"body":"The ACS matched ZCTA reports $1,611 median gross rent for occupied renter homes in the ACS five-year survey, including selected utilities. Zillow ZORI is a current blended asking-rent index. The difference is meaningful, but it is not a unit-level premium estimate because timing, population, rent concept, and utility treatment differ. HUD bedroom standards provide a scaling framework, not observed lease comparables.","title":"Different rent measures answer different questions"},{"body":"The Redfin ZIP resale series shows stronger price movement and sale-to-list signals while ZORI's recent increase remains lower. This is the report's central tension: stable asking-rent growth does not move in lockstep with the direct for-sale price series. Redfin metrics retain their resale-only scope, and the annualized ZORI-to-price result is a limited cross-source screen rather than a measure of a specific property's financial outcome.","title":"Resale strength does not equal rental performance"},{"body":"ACS supplies a survey-based vacancy rate, a vacant-for-rent category, and a renter-burden estimate for the matched ZCTA. These figures help describe the broader housing backdrop, but they cannot show whether any listed unit is available, physically suitable, competitively priced, or affordable to a particular household. Address-level terms, condition, included utilities, and live availability remain outside these aggregate measures.","title":"Vacancy and burden remain aggregate evidence"}],"risks":["ZORI blends rental types and measures observed asking rents, so a specific unit's quoted rent can differ because its size, utilities, term, condition, and concessions are not identified by the index.","ACS evidence is a five-year survey for a matched statistical area, with margins of error and occupied-household definitions that do not identify current unit availability or a household's present financial position.","The HUD bedroom ladder is an administrative FMR/SAFMR standard used to model the bedroom estimates, not a collection of observed asking rents for studios or larger units in this ZIP.","Redfin's direct ZIP data reflects rolling resale activity and closed-sale conditions, so strong sale prices or sale-to-list outcomes cannot be treated as rental transactions, lease evidence, or proof of unit-specific results."],"qa":[{"a":"The supplied label is used as a Zillow ZIP market identifier and is matched to a Census ZCTA for ACS. The ZCTA is a statistical area, whereas a USPS delivery ZIP is an operational delivery geography. Therefore, ACS estimates should be read as matched-area survey context rather than an address-level or USPS-precise count.","q":"Why is the ZCTA distinction material here?"},{"a":"No. The screen divides annualized current ZORI by a stated share of income and compares the resulting amount with a ZCTA median. It is arithmetic only. It does not assess a household's actual income, debt, household size, credit, lease terms, utilities, or eligibility, and it cannot qualify an applicant.","q":"Does the income screen establish affordability?"},{"a":"No. The studio through four-bedroom figures are modelled by scaling ZIP ZORI with the local HUD ladder. HUD FMR/SAFMR itself is an administrative standard. Neither source supplies measured current bedroom-specific asking rents for individual 60618 units, buildings, or leases.","q":"Are the bedroom figures rental comps?"},{"a":"It provides a direct ZIP for-sale and resale reading: closed-sale price level, annual change, sales count, marketing time, inventory, supply, and sale-to-list outcomes. Those metrics characterize for-sale activity, not rental transactions. The ZORI-to-sale-price calculation is only a cross-source screen, so it does not establish a specific property's financial result or map resale movement into rents.","q":"What does the sale-price evidence contribute?"}],"sources":[{"key":"apartment_list_time_on_market","name":"Apartment List Time on Market — listing liquidity","release":"Apartment List 2026-07","pulledAt":"2026-08-08","url":"https://www.apartmentlist.com/research/category/data-rent-estimates"},{"key":"apartment_list_vacancy","name":"Apartment List Vacancy Index — rental vacancy","release":"Apartment List 2026-07","pulledAt":"2026-08-08","url":"https://www.apartmentlist.com/research/apartment-list-vacancy-index-methodology"},{"key":"census_zcta_facts","name":"Census ACS five-year — ZCTA housing and income","release":"ACS 2024 5-year ZCTA","pulledAt":"2026-08-08","url":"https://api.census.gov/data/2024/acs/acs5.html"},{"key":"hud_zip","name":"HUD USPS crosswalk and Small Area FMRs — ZIP rent fallback","release":"ZIP-CBSA 2025Q4 + SAFMR FY2026","pulledAt":"2026-07-26","url":"https://www.huduser.gov/portal/datasets/usps_crosswalk.html"},{"key":"realtor_county","name":"Realtor.com Economic Research — county listing inventory","release":"county inventory 2026-06","pulledAt":"2026-07-28","url":"https://www.realtor.com/research/data/"},{"key":"redfin","name":"Redfin Data Center — inventory, days on market, and price cuts","release":"metro tracker through 2026-05-01","pulledAt":"2026-07-26","url":"https://www.redfin.com/news/data-center/"},{"key":"redfin_zip","name":"Redfin Data Center — ZIP resale activity and supply","release":"ZIP rolling 3 months through 2026-06-30; updated 2026-07-03","pulledAt":"2026-08-12","url":"https://www.redfin.com/news/data-center/"},{"key":"zillow_county","name":"Zillow ZHVI and ZORI — county values and rents","release":"county ZHVI/ZORI 2026-06","pulledAt":"2026-07-26","url":"https://www.zillow.com/research/data/"},{"key":"zillow_zori","name":"Zillow ZORI — metro market rents","release":"Metro_zori_uc_sfrcondomfr_sm_sa_month.csv","pulledAt":"2026-07-26","url":"https://www.zillow.com/research/data/"},{"key":"zillow_zori_city","name":"Zillow ZORI — city market rents","release":"zillow_zori_city.csv","pulledAt":"2026-07-29","url":"https://www.zillow.com/research/data/"},{"key":"zillow_zori_zip","name":"Zillow ZORI — ZIP market rents","release":"ZORI ZIP 2026-06","pulledAt":"2026-08-08","url":"https://www.zillow.com/research/data/"}],"history":[{"period":"2015-01-01","rent":1375.210851},{"period":"2015-02-01","rent":1385.47943},{"period":"2015-03-01","rent":1386.359909},{"period":"2015-04-01","rent":1395.195577},{"period":"2015-05-01","rent":1405.553505},{"period":"2015-06-01","rent":1412.802773},{"period":"2015-07-01","rent":1416.193389},{"period":"2015-08-01","rent":1406.543274},{"period":"2015-09-01","rent":1417.909829},{"period":"2015-10-01","rent":1422.910692},{"period":"2015-11-01","rent":1445.995694},{"period":"2015-12-01","rent":1444.648402},{"period":"2016-01-01","rent":1446.914586},{"period":"2016-02-01","rent":1447.938116},{"period":"2016-03-01","rent":1449.433761},{"period":"2016-04-01","rent":1454.819154},{"period":"2016-05-01","rent":1451.871833},{"period":"2016-06-01","rent":1458.640167},{"period":"2016-07-01","rent":1462.914396},{"period":"2016-08-01","rent":1473.120745},{"period":"2016-09-01","rent":1474.929174},{"period":"2016-10-01","rent":1481.670138},{"period":"2016-11-01","rent":1471.401026},{"period":"2016-12-01","rent":1481.902854},{"period":"2017-01-01","rent":1481.18766},{"period":"2017-02-01","rent":1493.423877},{"period":"2017-03-01","rent":1498.458565},{"period":"2017-04-01","rent":1500.38652},{"period":"2017-05-01","rent":1506.784522},{"period":"2017-06-01","rent":1499.908475},{"period":"2017-07-01","rent":1499.552388},{"period":"2017-08-01","rent":1500.162856},{"period":"2017-09-01","rent":1500.243152},{"period":"2017-10-01","rent":1507.895483},{"period":"2017-11-01","rent":1517.523708},{"period":"2017-12-01","rent":1523.388219},{"period":"2018-01-01","rent":1527.65968},{"period":"2018-02-01","rent":1525.468791},{"period":"2018-03-01","rent":1528.474045},{"period":"2018-04-01","rent":1535.877168},{"period":"2018-05-01","rent":1535.836431},{"period":"2018-06-01","rent":1541.18602},{"period":"2018-07-01","rent":1545.633052},{"period":"2018-08-01","rent":1552.729956},{"period":"2018-09-01","rent":1557.614741},{"period":"2018-10-01","rent":1555.778808},{"period":"2018-11-01","rent":1557.742123},{"period":"2018-12-01","rent":1547.999234},{"period":"2019-01-01","rent":1564.353173},{"period":"2019-02-01","rent":1574.472619},{"period":"2019-03-01","rent":1579.250875},{"period":"2019-04-01","rent":1580.813445},{"period":"2019-05-01","rent":1587.32318},{"period":"2019-06-01","rent":1593.925005},{"period":"2019-07-01","rent":1598.457709},{"period":"2019-08-01","rent":1599.406653},{"period":"2019-09-01","rent":1603.270462},{"period":"2019-10-01","rent":1607.630591},{"period":"2019-11-01","rent":1610.681763},{"period":"2019-12-01","rent":1620.978204},{"period":"2020-01-01","rent":1613.523752},{"period":"2020-02-01","rent":1611.40755},{"period":"2020-03-01","rent":1606.652776},{"period":"2020-04-01","rent":1604.982078},{"period":"2020-05-01","rent":1603.352052},{"period":"2020-06-01","rent":1598.718475},{"period":"2020-07-01","rent":1602.407001},{"period":"2020-08-01","rent":1602.87424},{"period":"2020-09-01","rent":1598.240898},{"period":"2020-10-01","rent":1589.900659},{"period":"2020-11-01","rent":1579.388041},{"period":"2020-12-01","rent":1584.476435},{"period":"2021-01-01","rent":1590.040589},{"period":"2021-02-01","rent":1603.622623},{"period":"2021-03-01","rent":1609.353801},{"period":"2021-04-01","rent":1617.472506},{"period":"2021-05-01","rent":1619.271881},{"period":"2021-06-01","rent":1625.66067},{"period":"2021-07-01","rent":1631.130114},{"period":"2021-08-01","rent":1637.181075},{"period":"2021-09-01","rent":1644.871443},{"period":"2021-10-01","rent":1657.478857},{"period":"2021-11-01","rent":1682.459963},{"period":"2021-12-01","rent":1692.825957},{"period":"2022-01-01","rent":1709.19824},{"period":"2022-02-01","rent":1707.169886},{"period":"2022-03-01","rent":1721.24976},{"period":"2022-04-01","rent":1729.075052},{"period":"2022-05-01","rent":1743.21542},{"period":"2022-06-01","rent":1750.668643},{"period":"2022-07-01","rent":1759.193664},{"period":"2022-08-01","rent":1773.74245},{"period":"2022-09-01","rent":1796.349684},{"period":"2022-10-01","rent":1816.967448},{"period":"2022-11-01","rent":1824.042018},{"period":"2022-12-01","rent":1832.274835},{"period":"2023-01-01","rent":1837.08956},{"period":"2023-02-01","rent":1845.434265},{"period":"2023-03-01","rent":1842.499449},{"period":"2023-04-01","rent":1850.558812},{"period":"2023-05-01","rent":1870.11953},{"period":"2023-06-01","rent":1890.214278},{"period":"2023-07-01","rent":1904.998252},{"period":"2023-08-01","rent":1911.685247},{"period":"2023-09-01","rent":1920.025133},{"period":"2023-10-01","rent":1919.841796},{"period":"2023-11-01","rent":1928.599238},{"period":"2023-12-01","rent":1941.603464},{"period":"2024-01-01","rent":1947.272313},{"period":"2024-02-01","rent":1957.672101},{"period":"2024-03-01","rent":1960.360088},{"period":"2024-04-01","rent":1977.854823},{"period":"2024-05-01","rent":1980.567929},{"period":"2024-06-01","rent":1992.025727},{"period":"2024-07-01","rent":2007.01993},{"period":"2024-08-01","rent":2018.979112},{"period":"2024-09-01","rent":2019.933894},{"period":"2024-10-01","rent":2034.138625},{"period":"2024-11-01","rent":2037.328072},{"period":"2024-12-01","rent":2049.889713},{"period":"2025-01-01","rent":2058.874559},{"period":"2025-02-01","rent":2077.906723},{"period":"2025-03-01","rent":2094.840139},{"period":"2025-04-01","rent":2099.383375},{"period":"2025-05-01","rent":2110.793752},{"period":"2025-06-01","rent":2117.093467},{"period":"2025-07-01","rent":2121.858096},{"period":"2025-08-01","rent":2132.093017},{"period":"2025-09-01","rent":2148.576653},{"period":"2025-10-01","rent":2159.530065},{"period":"2025-11-01","rent":2177.457397},{"period":"2025-12-01","rent":2186.121429},{"period":"2026-01-01","rent":2202.150782},{"period":"2026-02-01","rent":2207.551541},{"period":"2026-03-01","rent":2220.813785},{"period":"2026-04-01","rent":2234.191709},{"period":"2026-05-01","rent":2247.402528},{"period":"2026-06-01","rent":2260.656901}],"historySummary":{"pointCount":138,"firstPeriod":"2015-01-01","latestPeriod":"2026-06-01","coverageMonths":138,"coverageRatio":1,"changes":{"1":{"years":1,"startPeriod":"2025-06-01","endPeriod":"2026-06-01","startRent":2117.093467,"endRent":2260.656901,"change":0.06781157102309443,"cagr":0.06781157102309443},"3":{"years":3,"startPeriod":"2023-06-01","endPeriod":"2026-06-01","startRent":1890.214278,"endRent":2260.656901,"change":0.19597916877019794,"cagr":0.061470360318096606},"5":{"years":5,"startPeriod":"2021-06-01","endPeriod":"2026-06-01","startRent":1625.66067,"endRent":2260.656901,"change":0.390608103350375,"cagr":0.06817141348784173}},"maxDrawdown":-0.025657447396498112,"annualizedVolatility":0.014243775247438627,"consecutiveReturnCount":137}}