ZIP reports / IL / 60613
ZIP rental intelligence · 2026-06

ZIP 60613, Chicago, IL

Asking rent, household capacity, housing stock and local context—kept at their original geographic and measurement scopes.

Direct local rent answer

What does rent cost in ZIP 60613?

The latest Zillow ZORI for ZIP 60613 is $2,510 per month in 2026-06. It is a typical observed asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.

Zillow asking-rent index$2,5102026-06 · up 8.0% year over year
ACS median gross rent$1,705ACS 2024 5-year survey · ±$56 margin of error
HUD two-bedroom standard$2,640Administrative FMR/SAFMR · not asking rent
Bedroom-level rent benchmarks in ZIP 60613
BedroomsModelled asking-rent lensHUD standardHow to use it
Studio$2,082ZORI scaled by the local HUD bedroom ladder$2,190HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
1 bedroom$2,225ZORI scaled by the local HUD bedroom ladder$2,340HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
2 bedrooms$2,510ZORI scaled by the local HUD bedroom ladder$2,640HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
3 bedrooms$3,233ZORI scaled by the local HUD bedroom ladder$3,400HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
4 bedrooms$3,736ZORI scaled by the local HUD bedroom ladder$3,930HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.

Bedroom estimates are modelled, not observed rents. Zillow, Census ACS and HUD describe different housing universes and remain separate throughout this report.Zillow pulled 2026-08-08

Median household income$95,572ACS 2024 5-year · ±$6,037 MOE
Renter share61.5%18,038 renter households
Rent burden 30%+37.2%6,718 observed households
Housing vacancy7.9%2,521 of 31,864 units
Six views · one local decision

Read the measures together, without merging them

ZORI tracks observed asking rent, ACS describes occupied renter homes, and HUD publishes an administrative benchmark. The charts preserve those differences and add wider context only where the geography is named.

Three definitions of rent

Useful as a spread, not interchangeable observations.

Three rent measures for ZIP 60613Zillow asking-rent index$2,510ACS median gross rent$1,705HUD two-bedroom standard$2,640

Affordability screen

Annual income implied by 30% of the current ZIP ZORI.

Income screen for ZIP 60613ACS median household income$95,572Income at 30% of ZIP ZORI$100,400

Bedroom ladder

Modelled from ZIP ZORI using the local HUD ladder.

Modelled bedroom rent ladder for ZIP 60613Studio$2,082One bedroom$2,225Two bedrooms$2,510Three bedrooms$3,233Four bedrooms$3,736

Observed renter burden

ACS ZCTA households with computable gross-rent burden.

Observed renter cost burden in ZCTA 6061330% or more of income6,718 householdsBelow 30%11,320 households

ZIP versus wider rent context

Each bar retains its own ZIP, city, county or metro scope.

Asking-rent context for ZIP 60613ZIP 60613$2,510Chicago city$2,409Cook County county$2,336Chicago-Naperville-Elgin, IL-IN-WI metro$2,275

Monthly asking-rent history

Direct Zillow ZORI observations over the latest five years. Missing months remain visible gaps.

Five-year direct Zillow asking-rent history for ZIP 60613; missing months remain gaps$2,618$2,288$1,958$1,6282021-062023-122026-06
Five-year change
44.5%exact same-month endpoints
Largest observed drawdown
5.3%peak to a later observed month
Annualized monthly variability
1.8%137 consecutive returns
Monthly coverage
100.0%138 of 138 months
Decision brief

What the evidence says for ZIP 60613

The five-digit label 60613 is both Zillow’s ZIP market identifier and a matched Census ZCTA; a ZCTA is a statistical area and is not identical to a USPS delivery ZIP. In June 2026, Zillow ZORI for this ZIP was $2,510 per month. ZORI is a typical observed asking-rent index blended across rental types, so it is a current market signal rather than the rent paid by every tenant or the price of a specified bedroom count. The central tension is that the current asking-rent benchmark is elevated against older occupied-home survey rent measures, while its recent history has remained upward rather than retreating.

The matched ACS five-year survey reports median gross rent of $1,705 for occupied renter homes, 47.2% below ZIP ZORI. That difference should not be read as a disagreement between two like-for-like rent quotes: ACS gross rent is a survey measure for occupied renter homes and includes selected utilities, whereas Zillow tracks asking rents. A 30% required-income screen applied to the ZORI produces $100,400 annually, compared with ACS median household income of $95,572; that arithmetic equals a 31.5% asking-rent-to-income screen. It is not advice or an applicant qualification rule. Separately, 37.2% of surveyed renter households reported spending at least 30% of income on rent, a burden measure that cannot establish affordability for any particular unit.

The bedroom view is a modelled ZIP ladder, not measured bedroom rent: $2,082 for a studio, $2,225 for one bedroom, $2,510 for two bedrooms, $3,233 for three bedrooms, and $3,736 for four bedrooms. These modelled estimates scale the ZIP-wide ZORI with the local HUD ladder. HUD FMR or SAFMR is an administrative, bedroom-specific standard rather than asking rent, so it supplies the proportional structure for the estimates but does not verify market quotes at those bedroom levels. This distinction matters most when a reader is comparing a particular listing’s layout, utility treatment, lease term, or concessions with the ZIP-wide index.

The ACS housing picture contains 31,864 units and is renter-led, with renters occupying 61.5% of occupied homes. Large multifamily buildings are a substantial component of the recorded stock, which is relevant context for interpreting a blended rental index across property types. The census-style vacancy rate is 7.9%, and 805 units were classified as vacant and for rent. Those figures describe the surveyed housing inventory rather than live listing availability, pricing, condition, or unit size. Neither vacancy classifications nor renter burden demonstrate that a specific advertised apartment is available, comparable, or affordable to a particular household.

Broader rent context runs below the ZIP’s asking-rent index: the Chicago city context Zillow rent is $2,408.80, the Cook County context Zillow rent is $2,336, and the Chicago-Naperville-Elgin, IL-IN-WI metro context Zillow rent is $2,275. These are wider-geography context values, not substitutes for the direct ZIP observation. The city, county, and metro figures can frame the ZIP’s relative asking-rent level, but they combine homes and rental conditions outside 60613. They also should not be blended with the ACS occupied-renter survey or HUD administrative standards to create a single supposedly observed market rent.

Backward-looking Zillow history supports the stable-growth classification, though the latest pace is stronger than the longer path. Exact same-month annualized changes were 8.0% over one year, 6.8% over three years, and 7.6% over five years. Thus, recent direction confirms the longer upward path rather than breaking from it, while exceeding the medium- and long-horizon rates. History has full coverage across the available series. Month-to-month rent-return variability annualized to 1.8%, which supports somewhat greater confidence in the current index than a highly erratic series would; separately, the deepest observed decline was a 5.3% maximum drawdown, showing that the historical path was not uninterrupted. Transparent national discovery ranks among history-eligible ZIPs were 62 for momentum, 53 for stability, and 2 for the balanced score; these are descriptive ranks, not forecasts or investment recommendations.

Redfin’s direct rolling-three-month 60613 resale observation belongs entirely to the for-sale market, not rental transactions. Median sold price was $399,910, up 2.9% year over year, with 300 homes sold and a median marketing time of 42 days. The same resale record showed 466 active listings, inventory of 156 homes, and 1.6 months of supply. Its sale-to-list signals were an average 103.5% sale-to-list ratio, 55.5% of homes sold above list, and 58.1% going off market quickly. Limited supply and above-list outcomes sit alongside resale price growth, but the slower 2.9% resale-price change is a tension with the ZIP’s 8.0% one-year asking-rent change. Annualized ZIP ZORI divided by median sold price is a 7.5% cross-source screening ratio only, not a cap rate, net return, expected return, or property yield.

The evidence is strongest as a set of separate screens, not as a unit-level conclusion. ZORI is a blended asking-rent index; ACS is a multiyear survey of occupied homes; HUD is an administrative standard; and Redfin measures ZIP resale activity. Historical stability improves confidence that the current asking-rent snapshot is not merely an isolated monthly swing, but it does not convert the snapshot into a forecast. Concrete property-level checks should establish the live asking rent, bedroom count, exact property type, lease duration, included utilities, concessions, unit availability, and whether a listing’s stated price is a true effective rent. The unresolved decision question is whether a specific unit’s documented terms resemble the relevant modelled bedroom estimate and current asking-rent index without treating any broader measure as proof about that unit.

Decision signals

What deserves a closer property-level check

Asking rent sits above occupied-home survey rent

ZIP ZORI is $2,510, while ACS median gross rent is $1,705. The gap is decision-relevant, but it is not a direct comparison of identical units or transactions. Zillow measures a typical asking-rent index across rental types, whereas ACS is a five-year survey of occupied renter homes and includes selected utilities. The difference therefore signals source and timing separation as well as rent-level separation.

Recent rent growth is higher than its longer-run pace

Same-month rent changes were positive over one, three, and five years, with the latest one-year pace above both longer horizons. Low annualized monthly variability makes the current ZORI snapshot less dependent on a single volatile month, while the recorded maximum drawdown shows that previous declines still occurred. These are backward-looking measurements, not a projection of future rent movement.

Resale conditions are active but should not be treated as rental evidence

The direct ZIP resale data show a positive sold-price change, limited months of supply, above-list sales, and a substantial share of homes leaving the market quickly. Those signals describe for-sale liquidity and pricing behavior only. The rent-to-price figure is simply annualized ZORI divided by median sold price, making it useful as a cross-source screen but unsuitable as a property yield, cap rate, or return measure.

Renter concentration does not resolve unit-level affordability

Renters represent a majority of occupied homes in the matched ZCTA, and the housing stock includes a meaningful large-multifamily component. Yet the vacancy and rent-burden statistics remain aggregate survey evidence. They cannot identify the availability, condition, utility package, concession, lease terms, or affordability of a particular apartment. A current listing must be checked on its own documented terms.

  • Zillow asking rent, ACS gross rent, HUD standards, and Redfin resale outcomes cover different populations, periods, and transaction types; combining them as if they were direct comparable rents can materially misstate the decision context.
  • The ACS burden, income, vacancy, and stock figures are matched-ZCTA survey measures with sampling uncertainty and multiyear timing, so they cannot confirm conditions for a current individual rental listing.
  • The modelled bedroom ladder uses HUD proportions to scale ZIP ZORI and is not measured bedroom-level market rent; actual quoted prices may differ with utilities, lease length, building type, condition, and concessions.
  • The resale screening ratio uses a median sold price and a ZIP-level asking-rent index from separate sources. It omits property expenses, financing, taxes, operating costs, vacancy experience, and property-specific rent verification.
Direct ZIP resale evidence

For-sale liquidity inside ZIP 60613

Redfin reports these as a rolling three-month ZIP observation through 2026-06-30. They describe the for-sale market, not rental vacancy or the rent of a particular property.

Median sale price$399,910+2.9% year over year
Homes sold300rolling three-month observation
Median days on market42 daysfor-sale listing absorption
Months of supply1.6resale inventory relative to sales pace

Activity and available supply

Direct ZIP counts remain separate because each describes a different stage of the resale funnel.

Direct resale activity for ZIP 60613Active listings466Inventory156Pending sales319Homes sold300

Counter-signals before underwriting

A price alone does not reveal how quickly buyers are absorbing available homes.

Inventory direction

156 observed inventory · -19.6% year over year.

Price realization

103.5% average sale-to-list ratio · 55.5% sold above original list.

Early absorption

58.1% went off market within two weeks; compare this with 42 median days on market.

Measurement boundary

Small ZIP samples can move sharply. This rolling period smooths monthly noise but does not replace current address-level sale and rent comparables.

Redfin Data Center · updated 2026-07-03 · exact five-digit ZIP key. Implausible source values are withheld as n/a rather than repaired or inherited from a broader geography.

Wider market evidence

Listing and rental liquidity around the ZIP

These measures are not ZIP observations. They are labelled county or metro context so they can challenge the local story without being copied into it.

Cook County listing conditions

7,081 active Realtor.com listings · 33 median days on market · 11.0% price-reduced share · 2026-06.

Chicago-Naperville-Elgin, IL-IN-WI resale supply

n/a · n/a · n/a listings with price drops · Redfin 2026-05-01.

Apartment List metro liquidity

6.2% reported apartment vacancy · 26 days on market. These are direct metro observations and do not describe a particular ZIP unit.

Property-level next step

Compare live same-bedroom listings, concessions, utilities, condition and days listed inside ZIP 60613. The report frames the market; it does not replace a rent roll, lease review or address-level comparable set.

Questions this report can answer

Scope-aware answers

Why is Zillow ZORI higher than ACS median gross rent here?

The two measures do not observe the same universe. Zillow ZORI is a current typical asking-rent index blended across rental types, while ACS median gross rent is a five-year survey measure for occupied renter homes and includes selected utilities. Existing leases, survey timing, household composition, and utility inclusion can all affect the observed difference without proving an error in either source.

Are the bedroom estimates actual rents for studios through four-bedroom homes?

No. They are modelled monthly ZIP estimates created by scaling the ZIP-wide Zillow asking-rent index with the local HUD bedroom ladder. HUD FMR or SAFMR is an administrative standard, not an asking-rent survey. The estimates can organize a bedroom-based screen, but they do not replace unit-specific listing evidence for price, utilities, availability, layout, or lease terms.

What does the rent history say about confidence in the current ZORI figure?

The history shows positive same-month changes over one, three, and five years, and the latest pace is above the longer-period rates. Low month-to-month variability supports more confidence that the current index is not solely a one-month outlier. However, the historical maximum drawdown confirms that the series has declined before, so the evidence remains descriptive rather than predictive.

How should the Redfin rent-to-price screening ratio be interpreted?

It is annualized ZIP Zillow ZORI divided by Redfin’s ZIP median sold price, using separate rental and resale datasets. It can flag the relative size of a broad asking-rent index against a broad resale-price benchmark. It is not a cap rate, property yield, net return, or expected return because it excludes property-specific rent, expenses, taxes, financing, operating costs, and vacancy results.