State’s four most expensive zip codes for renters are in Loop, neighborhoods north and west
Loop North News


(Above) Madison Throop Place, 1247 & 1249 West Madison Street, in the most expensive zip code for renters in Illinois.

13-Oct-19 – No surprise here. The highest rents in Illinois this year were paid by renters in the Loop, West Loop, River North, and Streeterville.

The apartment search website RENTCafé analyzed the rents of 17 million apartments in 7,000 zip codes nationwide and declared these the four most expensive zip codes for renters in Illinois...

• 60606, which covers the west side of the Loop from Wells Street to 1-2 blocks west of the Chicago River. In this zip code, the average monthly rent is $2,770, up 4.6 percent from last year. It is the most expensive zip code for the second year in a row.

• 60654, mostly River North from about State Street west to Halsted Street and from the Chicago River north to Chicago Avenue. The average monthly rent is $2,761, up 5.2 percent from last year.

• 60611, mostly Streeterville from State Street east to Lake Michigan and Chicago River north to Division Street. The average rent is $2,679, up 5.7 percent from last year. That is the most significant increase among the priciest zip codes in Chicago.

• 60601, the north side of the Loop, from Randolph Street north to the river and Wells Street east to the lake. The average rent is $2,616, up 5.0 percent from last year.

According to RENTCafé, these rents are $300 to $700 higher than average rents in all of Chicago.

Of the ten most expensive zip codes for renters in the Midwest, nine are in Chicago and one is in Minneapolis.

By Steven Dahlman | Loop North News |

Published 13-Oct-19 4:02 AM

Loop North News


What’s news in the Loop and Near North neighborhoods of downtown Chicago.

Signup for our weekly email. No ads and no charge. Just enter your email address here...

Number of subscribers:
See this week’s update

More stories

City Club of Chicago presents Jim Derwinski, CEO/Executive Director of Metra. Jim began his railroad career as a locomotive electrician with Chicago & North Western Railway. He joined Metra as an electrician in 1997 and rose through the ranks in the Mechanical Department, serving in progressively responsible senior leadership positions, including Chief Mechanical Officer. In that role, he oversaw 650 employees responsible for the repair, inspection, cleaning, and maintenance of the railroad’s 1,164 pieces of rolling stock used in commuter service. 11:30 a.m. reception, 12:00 p.m. luncheon. Maggiano’s Banquets, 111 West Grand Avenue. Cost: $50. Map. More info.

Community meeting to review revisions to the proposed development at 1212 North State. The revised proposal features modifications to the residential floor plate, which eliminates 16 studio apartments at the north side of the building and replaces them with seven larger apartments at the top of the building. Floor-to-floor heights were reduced to keep the combined height change within six feet of the original proposal, with the top floors stepping back to further mitigate the impact of this. Alderman Hopkins is seeking your feedback on these changes. 6:00-7:30 p.m., First Saint Paul’s Lutheran Church, 1301 North LaSalle Drive. No RSVP is required. Map. More info.
More events

Biggest Gainers & Losers

366.96 UP 15.96

155.99 UP 1.96

42.38 DN 1.52

35.81 DN 1.41

Downtown Chicago Stocks