ZIP 60603 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60603 in the Chicago housing market is $341,039, with a typical rent of $2,464 per month. It is a small, dense pocket of about 1,298 residents at 4,224 people per square mile, so its housing stock is far smaller than a typical tracked ZIP. That puts the local home-value-to-annual-rent ratio at 11.5.
Key stats
- ZIP 60603 is around the 51st percentile of tracked local ZIPs for home value.
- ZIP 60603 is among the lowest of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 11.5.
- Supply contracted while buyer competition strengthened.
- ZIP 60603's typical rent is 30.8% above the metro median of $1,883.
- Typical home value
- $341,039
- Typical rent
- $2,464
- Homes for sale
- 27
- Buyer competition
- 36
- New listings
- 5
- Listings with price cuts
- 23.1%
Price and rent in ZIP 60603
ZIP 60603 is around the 51st percentile of tracked local ZIPs for home value. ZIP 60603 is around the 76th percentile of tracked local ZIPs for rent.
ZIP 60603 home value & rent trend (past 12 months)
Typical home value rose 0.1% over the past 12 months, from $340,550 to $341,039. It rose in 4 of 11 monthly readings. The largest monthly gain was +0.8% in May 2026.
Typical rent rose 5.6% over the past 12 months, from $2,334 to $2,464. It rose in 7 of 11 monthly readings. The largest monthly gain was +2.7% in December 2025.
How ZIP 60603 compares to the metro
ZIP 60603's typical rent is 30.8% above the metro median of $1,883. ZIP 60603's buyer competition is 43.3% below the metro median of 64.
Supply, pending activity, and competition
ZIP 60603 is around the 9th percentile of tracked local ZIPs for for-sale inventory. ZIP 60603 is among the lowest of tracked local ZIPs for buyer competition. Supply contracted while buyer competition strengthened. Over the 12 readings on record, inventory moved between 25 and 35 — a 10-point spread across 55 comparable tracked ZIPs. Over the 12 readings on record, buyer competition moved between 31 and 58 — a 27-point spread across 55 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 60602, 60604, 60606, 60601.
Continue your market research
- Is Chicago Housing Market Cooling?Read the related local market analysis.
- Is Chicago a Buyer's Market?Read the related local market analysis.
- Compare 60603 vs 60601Compare this market with another tracked ZIP or peer group.
- Compare 60603 vs 60602Compare this market with another tracked ZIP or peer group.
- Compare 60603 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 60602 housing marketReview a nearby local market with the same core measures.
- ZIP 60604 housing marketReview a nearby local market with the same core measures.
- ZIP 60606 housing marketReview a nearby local market with the same core measures.
- Chicago Metro housing market overviewReturn to the broader parent market.
60603 Housing Market Overview FAQ
What is the typical home value in ZIP 60603?
The typical home value in ZIP 60603 is $341,039 in the latest monthly reading.
What is the typical rent in ZIP 60603?
Typical rent in ZIP 60603 is $2,464 per month.
What is the home-value-to-rent ratio in ZIP 60603?
ZIP 60603 has a home-value-to-annual-rent ratio of 11.5.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules