ZIP reports / IL / 60619
ZIP rental intelligence · 2026-06

ZIP 60619, 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 60619?

The latest Zillow ZORI for ZIP 60619 is $1,447 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$1,4472026-06 · up 7.2% year over year
ACS median gross rent$1,087ACS 2024 5-year survey · ±$31 margin of error
HUD two-bedroom standard$1,450Administrative FMR/SAFMR · not asking rent
Bedroom-level rent benchmarks in ZIP 60619
BedroomsModelled asking-rent lensHUD standardHow to use it
Studio$1,198ZORI scaled by the local HUD bedroom ladder$1,200HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
1 bedroom$1,287ZORI scaled by the local HUD bedroom ladder$1,290HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
2 bedrooms$1,447ZORI scaled by the local HUD bedroom ladder$1,450HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
3 bedrooms$1,866ZORI scaled by the local HUD bedroom ladder$1,870HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
4 bedrooms$2,156ZORI scaled by the local HUD bedroom ladder$2,160HUD 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$45,206ACS 2024 5-year · ±$3,727 MOE
Renter share54.9%15,548 renter households
Rent burden 30%+59.1%9,185 observed households
Housing vacancy14.7%4,885 of 33,182 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 60619Zillow asking-rent index$1,447ACS median gross rent$1,087HUD two-bedroom standard$1,450

Affordability screen

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

Income screen for ZIP 60619ACS median household income$45,206Income at 30% of ZIP ZORI$57,880

Bedroom ladder

Modelled from ZIP ZORI using the local HUD ladder.

Modelled bedroom rent ladder for ZIP 60619Studio$1,198One bedroom$1,287Two bedrooms$1,447Three bedrooms$1,866Four bedrooms$2,156

Observed renter burden

ACS ZCTA households with computable gross-rent burden.

Observed renter cost burden in ZCTA 6061930% or more of income9,185 householdsBelow 30%6,363 households

ZIP versus wider rent context

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

Asking-rent context for ZIP 60619ZIP 60619$1,447Chicago 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 60619; missing months remain gaps$1,505$1,329$1,153$9772021-062023-122026-06
Five-year change
39.3%exact same-month endpoints
Largest observed drawdown
2.7%peak to a later observed month
Annualized monthly variability
2.9%121 consecutive returns
Monthly coverage
100.0%122 of 122 months
Decision brief

What the evidence says for ZIP 60619

ZIP 60619 presents a cross-market split: Zillow ZORI was $1,447 in June 2026, a typical observed asking-rent index blended across rental types, and it was 7.2% above the prior year. That asking-rent movement should not be read as a for-sale result, because resale evidence is a separate market universe. The five-digit label is both a Zillow ZIP market identifier and a matched Census ZCTA; a ZCTA is a statistical area and is not identical to a USPS delivery ZIP. The immediate question is whether the rent advance, local household-income screen, and resale signals point in the same direction. They do not do so cleanly.

The direct rolling-three-month ZIP resale observation supplies the counterweight. Redfin reported a $225,449 median sold price, down 3.0% year over year, with 148 homes sold and a median 90 days on market. Inventory was 237 homes and months of supply stood at 4.8. Average sale-to-list was 97.8%, while 32.0% of sales closed above list price. These are for-sale liquidity and pricing signals, not rental transactions or rental comparables. Annualized ZIP ZORI divided by the median sold price produces a 7.7% cross-source screening ratio only; it is not a cap rate, net return, expected return, or property yield. The softer resale price signal challenges a simple reading of the recent rent increase as broad market confirmation.

History supports a stable-growth rent path rather than a recent break from it. Exact same-month Zillow ZORI change was 7.2% over 1 year, 7.3% annualized over 3 years, and 6.8% annualized over 5 years. Thus, the latest annual movement broadly confirms the longer observed pace instead of departing from it. The history has full coverage across 122 monthly observations. Annualized monthly-return variability was 2.9%, indicating that the index path was not highly erratic, although it does not make a single current rent snapshot definitive. Separately, the maximum peak-to-trough drawdown was 2.7%, showing that declines did occur within the broader rise. Transparent national discovery ranks were 76 for momentum, 1,356 for stability, and 191 for the balanced measure, where lower ranks are stronger. These are backward-looking measurements, not forecasts or investment recommendations.

The matched ACS 2024 five-year ZCTA survey places the asking index in a different affordability universe. Its median gross rent was $1,087 for occupied renter homes and includes selected utilities, making it neither a current asking-rent measure nor a direct listing comparison. Zillow ZORI was 33.1% above that survey median. Median household income was $45,206. Applying a 30% required-income screen to the current asking index produces $57,880 in annual income, and annualized ZORI equals 38.4% of the reported median household income. This screen is arithmetic, not advice and not an applicant qualification rule; it identifies a broad mismatch between the current asking index and the ZCTA income reference, not an outcome for any specific household.

The bedroom view is deliberately modelled rather than observed. Scaling ZIP ZORI with the local HUD ladder gives monthly modelled estimates of $1,198 for a studio, $1,287 for a one-bedroom, $1,447 for a two-bedroom, $1,866 for a three-bedroom, and $2,156 for a four-bedroom. These are not measured bedroom rents, and they should not replace property-level asking-rent evidence. The HUD FMR/SAFMR ladder used for scaling is an administrative, bedroom-specific standard, not asking rent. Its value here is to impose a consistent local size relationship on a blended-rental-type Zillow index, while preserving the distinction between the standard and the marketplace observation.

Housing-stock data add another tension to the affordability screen. The ZCTA had 33,182 housing units, of which 28,297 were occupied and 4,885 were vacant, a 14.7% vacancy rate. Renter households numbered 15,548, representing a 54.9% renter share among occupied homes. Of those renter households, 9,185 were reported as spending at least 30% of income on gross rent, a 59.1% burden share; 1,045 vacant units were classified as vacant for rent. Those figures show aggregate survey conditions rather than the availability, condition, utility treatment, or rent of a particular unit. Vacancy and burden therefore cannot establish whether any individual listing is affordable or readily leasable.

Broader benchmarks clarify relative scale but must retain their scopes. The Chicago city rent context was $2,409, the Cook County rent context was $2,336, and the Chicago-Naperville-Elgin, IL-IN-WI metro rent context was $2,275; each is wider-area context rather than a ZIP observation. These comparisons place the ZIP asking index below the named city, county, and metro figures, but they do not explain why, establish neighborhood conditions, or substitute for ZIP listing evidence. Zillow ZORI, ACS gross rent, and HUD FMR/SAFMR answer different questions: current blended asking rents, surveyed occupied-home gross rents with selected utilities, and administrative bedroom standards, respectively.

Decision use depends on keeping these limitations active. Confirm a property's ZIP market assignment separately from its USPS delivery address, then verify bedroom count, advertised rent, utility responsibility, lease term, concessions, availability date, and whether a listing is duplicated or stale. Compare an actual unit's stated features with the modelled bedroom ladder only as a consistency check, not as a measured comp. For any resale comparison, verify the sold-address characteristics, sale timing, list-price history, and whether the property resembles the rental unit under review. The central unresolved tension is clear: observed asking-rent history is steadily positive, while the direct ZIP resale snapshot shows lower median sold prices and measured marketing friction.

Decision signals

What deserves a closer property-level check

Rent growth and resale pricing diverge

The ZIP's asking-rent index increased at a pace consistent with its longer historical path, but the direct resale observation showed a year-over-year decline in median sold price. That divergence matters because asking-rent history and home-sale results come from separate markets. It prevents the current rent reading from serving as stand-alone confirmation of broad property-market strength.

History is complete but remains backward-looking

The Zillow history has complete monthly coverage and shows similar annualized rent growth across recent and longer horizons. Monthly variability was limited relative to the measured growth rate, while the observed drawdown shows that the path was not uninterrupted. The history improves context for the current ZORI snapshot, but it does not forecast future rent changes or establish property-level performance.

Survey affordability indicators are tighter than the asking index

ACS median gross rent is materially below current Zillow ZORI, and the annualized asking-rent index exceeds the share of median household income used in the arithmetic affordability screen. The reported renter burden share reinforces that this is an aggregate affordability tension. Neither statistic determines a particular household's qualification, actual utility bill, lease terms, or rent payment.

Vacancy and renter share require careful interpretation

The matched ZCTA contains a renter majority among occupied homes and a meaningful share of vacant units, including units classified as vacant for rent. These data describe survey-period housing stock, not real-time available inventory. A vacant-for-rent classification does not reveal unit condition, asking price, concessions, bedroom count, or whether the unit competes with a specific property.

  • Zillow ZORI is a blended ZIP-level asking-rent index across rental types, so it can differ from the advertised rent, utility treatment, bedroom count, condition, and lease structure of any individual available unit.
  • ACS figures come from a matched ZCTA five-year survey of occupied homes and carry survey uncertainty. The ZCTA is statistical geography rather than an exact USPS delivery ZIP, creating a geographic and timing mismatch with current listings.
  • HUD FMR or SAFMR values are administrative bedroom-specific standards. The bedroom figures in this report are modelled by scaling ZORI, so they should not be treated as observed market rents or lease comparables.
  • Redfin resale measures describe direct ZIP home sales over a rolling three-month period. They do not measure rental transactions, operating expenses, financing, property condition, or the economics of a specific rental property.
Direct ZIP resale evidence

For-sale liquidity inside ZIP 60619

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$225,449-3.0% year over year
Homes sold148rolling three-month observation
Median days on market90 daysfor-sale listing absorption
Months of supply4.8resale 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 60619Active listings446Inventory237Pending sales200Homes sold148

Counter-signals before underwriting

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

Inventory direction

237 observed inventory · +5.6% year over year.

Price realization

97.8% average sale-to-list ratio · 32.0% sold above original list.

Early absorption

30.4% went off market within two weeks; compare this with 90 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 60619. 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 does the Zillow asking-rent index differ from ACS median gross rent?

They measure different populations and concepts. Zillow ZORI is a current ZIP-level typical observed asking-rent index blended across rental types. ACS median gross rent is a five-year survey measure for occupied renter homes and includes selected utilities. A difference between them is expected and should not be treated as an error or a direct listing comparison.

Are the bedroom rent figures measured rents for studio through four-bedroom units?

No. They are modelled monthly ZIP estimates created by scaling the blended Zillow ZORI with the local HUD bedroom ladder. HUD is an administrative standard rather than an asking-rent survey. The resulting ladder is useful for consistent size scaling, but actual unit rents still require listing-level confirmation.

What does the required-income screen show?

It converts the current annualized Zillow asking-rent index into the household income associated with spending thirty percent of income on that rent amount. It is arithmetic only. It is not financial advice, a recommendation, a tenant-screening policy, or evidence that any actual applicant can or cannot qualify for a lease.

Does the Redfin information validate the rent-growth history?

Not fully. Redfin reports a direct ZIP for-sale observation, while Zillow history measures asking rents. Here, rent history remained positive but median resale price was lower than a year earlier, with lengthy marketing time and below-list average sale outcomes. That combination is a cross-market tension rather than a contradiction or a forecast.