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Rent in ZIP code 60612, Chicago, IL

HUD's Fair Market Rent for this one ZIP code, about 3 miles from downtown Chicago, as of October 2026.

A 1-bedroom in 60612 is $1,890 a month on HUD's FY2027 Small Area Fair Market Rent, utilities included, 29% below the downtown Chicago median of $2,670. Studios run $1,780, 2-bedrooms $2,130. Listings in the ZIP ask $2,411 on Zillow's index.

Studio
$1,780HUD, utilities in
1 bedroom
$1,890HUD, utilities in
2 bedroom
$2,130HUD, utilities in
3 bedroom
$2,740HUD, utilities in
Asking rent
$2,411Zillow, all homes
Rank near downtown
2of 16cheapest first

Rent by bedroom in 60612

Studio
$1,780 / month
HUD Small Area Fair Market Rent, utilities included.
1 bedroom
$1,890 / month
Downtown Chicago median: $2,670. Metro-wide: $1,780.
2 bedroom
$2,130 / month
3 bedroom
$2,740 / month
Asking rent, all home types
$2,411 / month
Zillow Observed Rent Index for this ZIP. What listings ask today.
SourceZillow Research Aug 2026

Every ZIP code near downtown Chicago

ZIPStudio1 bedroom2 bedroom3 bedroomZillow asking
60601$2,520$2,670$3,020$3,880$3,039
60602$2,520$2,670$3,020$3,880n/a
60603$2,470$2,620$2,960$3,810$2,484
60604$2,520$2,670$3,020$3,880n/a
60605$2,520$2,670$3,020$3,880$2,764
60606$2,520$2,670$3,020$3,880$2,755
60607$2,520$2,670$3,020$3,880$2,984
60608$1,440$1,530$1,730$2,220$1,867
60610$2,520$2,670$3,020$3,880$2,945
60611$2,520$2,670$3,020$3,880$2,911
60612$1,780$1,890$2,130$2,740$2,411
60616$1,890$2,010$2,270$2,920$1,801
60622$2,340$2,490$2,810$3,610$2,563
60642$2,520$2,670$3,020$3,880$2,692
60654$2,520$2,670$3,020$3,880$2,912
60661$2,520$2,670$3,020$3,880$2,619

ZIP codes that touch a 2-mile circle around downtown. Source: HUD Small Area Fair Market Rents FY2027, read Oct 2026. The city page has walkability, internet, transit, weather and everything else: Chicago, IL for digital nomads.

Questions people ask

How much is rent in ZIP code 60612?

As of October 2026, HUD's FY2027 Small Area Fair Market Rent for ZIP 60612 is $1,780 for a studio, $1,890 for a 1-bedroom, $2,130 for a 2-bedroom and $2,740 for a 3-bedroom, utilities included. That is the 40th-percentile rent paid by recent movers. Zillow's Observed Rent Index for the ZIP, which reflects what listings ask today across all home types, is $2,411 (Aug 2026).

Is 60612 cheaper than the rest of downtown Chicago?

Yes, by 29%. The median 1-bedroom across the 16 ZIP codes within 2 miles of downtown Chicago is $2,670; 60612 ranks 2 of 16, cheapest first. Across the whole metro area HUD's figure is $1,780, 6% less than this ZIP.