ZIP reports / IL / 60626
ZIP rental intelligence · 2026-06

ZIP 60626, 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 60626?

The latest Zillow ZORI for ZIP 60626 is $1,772 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$1,7722026-06 · up 6.8% year over year
ACS median gross rent$1,331ACS 2024 5-year survey · ±$44 margin of error
HUD two-bedroom standard$2,000Administrative FMR/SAFMR · not asking rent
Bedroom-level rent benchmarks in ZIP 60626
BedroomsModelled asking-rent lensHUD standardHow to use it
Studio$1,471ZORI scaled by the local HUD bedroom ladder$1,660HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
1 bedroom$1,577ZORI scaled by the local HUD bedroom ladder$1,780HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
2 bedrooms$1,772ZORI scaled by the local HUD bedroom ladder$2,000HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
3 bedrooms$2,286ZORI scaled by the local HUD bedroom ladder$2,580HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
4 bedrooms$2,640ZORI scaled by the local HUD bedroom ladder$2,980HUD 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$59,713ACS 2024 5-year · ±$4,814 MOE
Renter share72.7%17,694 renter households
Rent burden 30%+48.4%8,567 observed households
Housing vacancy9.7%2,601 of 26,946 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 60626Zillow asking-rent index$1,772ACS median gross rent$1,331HUD two-bedroom standard$2,000

Affordability screen

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

Income screen for ZIP 60626ACS median household income$59,713Income at 30% of ZIP ZORI$70,880

Bedroom ladder

Modelled from ZIP ZORI using the local HUD ladder.

Modelled bedroom rent ladder for ZIP 60626Studio$1,471One bedroom$1,577Two bedrooms$1,772Three bedrooms$2,286Four bedrooms$2,640

Observed renter burden

ACS ZCTA households with computable gross-rent burden.

Observed renter cost burden in ZCTA 6062630% or more of income8,567 householdsBelow 30%9,127 households

ZIP versus wider rent context

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

Asking-rent context for ZIP 60626ZIP 60626$1,772Chicago 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 60626; missing months remain gaps$1,844$1,625$1,406$1,1872021-062023-122026-06
Five-year change
40.4%exact same-month endpoints
Largest observed drawdown
1.1%peak to a later observed month
Annualized monthly variability
1.7%137 consecutive returns
Monthly coverage
100.0%138 of 138 months
Decision brief

What the evidence says for ZIP 60626

Resale momentum and the local income screen create the central tension in 60626. The five-digit label 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. Zillow’s typical observed asking-rent index, blended across rental types, was $1,772, up 6.8% year over year. For wider context only, Chicago city’s asking-rent context was $2,408.80, Cook County’s context was $2,336, and the Chicago-Naperville-Elgin, IL-IN-WI metro context was $2,275. Those broader figures describe their named geographies, not substitutes for ZIP-level rental observations.

The backward-looking Zillow history supports a stable-growth reading rather than a sudden break in direction. Exact same-month asking-rent changes were 6.8% over one year, 6.3% over three years, and 7.0% over five years, so the latest movement broadly confirms the longer path. History coverage was 100%, allowing the current reading to be placed against the complete supplied series. Monthly rent changes produced 1.7% annualized variability, which indicates a comparatively contained historical path and supports more confidence in the directional signal than in a single monthly quote. Separately, the deepest observed drawdown was 1.1%, showing that declines did occur, though they were limited in the measured period. Transparent national discovery ranks among history-eligible ZIPs were 111 for momentum, 26 for stability, and 6 for the balanced measure; these are discovery tools, not forecasts or investment recommendations.

Bedroom figures require careful source handling. The monthly ZIP estimates are modelled estimates created by scaling Zillow’s ZIP index through the local HUD bedroom ladder: $1,471 for a studio, $1,577 and $1,772 through the intermediate layouts, then $2,286 and $2,640 at the larger listed layouts. They are not measured bedroom rents or unit-specific rental comps. The associated HUD FMR/SAFMR ladder runs from $1,660 at the studio end to $2,980 at the largest listed bedroom size. HUD is an administrative, bedroom-specific standard rather than asking rent, so its relationship to the Zillow index helps construct the modelled ladder but does not establish what a particular available home is advertised for.

Affordability evidence points to a meaningful separation between the current asking-rent index and survey-based household resources. The matched ZCTA’s median household income was $59,713, while the arithmetic income needed to place the current Zillow index at the 30% threshold was $70,880. At that index level, asking rent equals 35.6% of median household income. This required-income screen is arithmetic only: it is not advice and is not an applicant qualification rule. In the ACS five-year survey of occupied renter homes, median gross rent was $1,331, including selected utilities, or 33.1% below the current asking-rent index. The survey also found that 48.4% of renter households were burdened at or above the stated threshold. These ACS measures are a different universe from current advertised asking rents.

The matched ZCTA survey describes a renter-heavy housing base, not the availability of any specific apartment. It counted 26,946 housing units, with renters comprising 72.7% of occupied homes and large multifamily structures accounting for 12,122 units. The reported vacancy rate was 9.7%, including 1,147 homes classified as vacant and for rent. That inventory context may help frame the breadth of rental housing represented in the survey, but vacancy classifications do not prove a particular unit’s condition, price, lease terms, or immediate availability. Likewise, a substantial renter share does not establish that all renter households face the same asking-rent level, because the Zillow index and ACS occupied-home survey measure different populations and time frames.

Redfin’s direct rolling-three-month ZIP resale observation describes a for-sale market, not rental transactions. Median sold price was $292,434, rising 20.6% year over year, while 119 homes sold and median marketing time was 43 days. The observation recorded 220 active listings, inventory of 87 homes, and inventory growth of 28.1%, alongside 2.2 months of supply. Sale-to-list evidence was firm: the average sale-to-list ratio was 102.8%, 57.0% of sales closed above list, and 58.1% of listings went off market within two weeks. These measures indicate the character of the supplied resale snapshot only; they are not rental comps, operating evidence, or proof that rent and sale prices move together.

Annualized ZIP Zillow asking rent divided by Redfin’s median sold price produces a 7.3% cross-source screening ratio. It is not a property operating measure, a net outcome, or a prediction. The resale evidence provides a tension rather than a resolution: rapid price appreciation, limited months of supply, and above-list selling signals present a firmer for-sale snapshot, while the rental screen shows an asking-rent index below the named city, county, and metro contexts and above the ZCTA’s survey median gross rent. The history adds confidence that recent rent growth is consistent with the measured path, but the income and burden evidence challenges any simple translation from resale activity into household affordability or individual-property economics.

Several limits remain material. Zillow’s index is a blended typical asking-rent measure, ACS is a multi-year survey of occupied renter homes with selected utilities, HUD is an administrative standard, and Redfin is a rolling resale observation; none replaces property-level evidence. A concrete review should confirm the actual advertised rent, bedroom count, utility responsibility, fees, deposits, lease term, availability date, and physical condition for the specific home. For a sale listing, verify its list-price history, current status, property attributes, and whether the reported ZIP resale signals resemble that listing’s circumstances. The key unresolved question is whether a specific unit’s documented terms align with the ZIP-level signals without assuming that any aggregate measure guarantees its price or availability.

Decision signals

What deserves a closer property-level check

Rent growth is historically consistent

The supplied Zillow history shows that the latest year-over-year gain is broadly in line with the three-year and five-year same-month growth measures. Full history coverage, low monthly-return variability, and a limited maximum drawdown support a stable-growth interpretation. Those are backward-looking measurements, however, and they do not forecast future asking rents or establish property-level pricing.

Asking rent exceeds the occupied-home survey median

Zillow’s ZIP asking-rent index is materially above the ACS median gross rent for occupied renter homes in the matched ZCTA. That difference is expected to require context because Zillow captures typical observed asking rents across rental types, whereas ACS is a five-year survey and gross rent includes selected utilities. The two measures should not be treated as interchangeable rental comps.

Bedroom values are a modelled ladder

The bedroom figures use the local HUD FMR/SAFMR structure to scale the ZIP Zillow index into modelled studio-through-larger-layout estimates. They are useful for expressing a consistent ZIP-level size gradient, but they are not measured rents for currently available units. HUD itself is an administrative bedroom-specific standard, not evidence of advertised market rent.

Resale firmness does not settle rental affordability

The direct ZIP resale observation shows rising sold prices, limited months of supply, above-list sales, and quick off-market activity. Those signals describe for-sale liquidity only. They contrast with the local income screen and renter-burden evidence, which show why resale momentum cannot be used to infer that current asking rents are affordable to a particular household or sustainable for a particular unit.

  • Zillow’s ZIP index blends rental types and represents a typical observed asking-rent level, so it may differ materially from the advertised rent, condition, size, concessions, and utility treatment of any individual home.
  • The matched ACS ZCTA is a statistical survey geography rather than a USPS delivery ZIP, and its multi-year occupied-renter results may not match current listings, recent movers, or a specific building.
  • HUD FMR/SAFMR values are administrative bedroom standards. Their use in the ladder creates modelled estimates, not measured bedroom rents, and should not be read as evidence of a unit’s actual asking price.
  • Redfin’s rolling resale data concerns homes sold and listed for sale, not leases. Strong sale-to-list signals or price changes do not demonstrate rental demand, unit-level economics, or tenant affordability.
Direct ZIP resale evidence

For-sale liquidity inside ZIP 60626

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$292,434+20.6% year over year
Homes sold119rolling three-month observation
Median days on market43 daysfor-sale listing absorption
Months of supply2.2resale 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 60626Active listings220Inventory87Pending sales137Homes sold119

Counter-signals before underwriting

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

Inventory direction

87 observed inventory · +28.1% year over year.

Price realization

102.8% average sale-to-list ratio · 57.0% sold above original list.

Early absorption

58.1% went off market within two weeks; compare this with 43 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 60626. 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 do Zillow, ACS, and HUD show different rent figures?

They measure different universes. Zillow is a 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. HUD FMR/SAFMR is a bedroom-specific administrative standard. Differences therefore should be interpreted as scope and methodology differences, not source errors.

Are the bedroom rent estimates observed market rents?

No. The bedroom values are modelled monthly ZIP estimates, constructed by scaling the ZIP Zillow asking-rent index with the local HUD bedroom ladder. They describe a consistent estimated size relationship, but they do not measure advertised rents for individual studio, one-bedroom, or larger units. Property-level listings remain necessary to verify an actual rent.

How should the rent-history measures affect confidence in the current index?

The history indicates that recent asking-rent growth generally follows the supplied longer-run path, while low measured monthly variability and a small historical drawdown suggest a relatively stable series. That can increase confidence in the index as a ZIP-level directional snapshot. It cannot make the reading a forecast or guarantee that a particular unit follows the same pattern.

What does the rent-to-sale-price screening ratio mean?

It is simply annualized ZIP Zillow asking rent divided by Redfin’s ZIP median sold price, combining two separate source universes for initial screening. It does not account for expenses, financing, property condition, vacancies, taxes, insurance, concessions, or lease terms. It therefore cannot establish a property’s operating result or an expected outcome.