ZIP 60606 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60606 in the Chicago housing market is $344,545, with a typical rent of $2,789 per month. That puts the local home-value-to-annual-rent ratio at 10.3.
Key stats
- ZIP 60606 is around the 53rd percentile of tracked local ZIPs for home value.
- ZIP 60606 is around the 58th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 10.3.
- Supply and buyer competition did not produce a clear easing or tightening split.
- ZIP 60606's typical home value is 1.3% above the metro median of $340,167.
- Typical home value
- $344,545
- Typical rent
- $2,789
- Homes for sale
- 24
- Buyer competition
- 64
- New listings
- 7
- Listings with price cuts
- 20.6%
Price and rent in ZIP 60606
ZIP 60606 is around the 53rd percentile of tracked local ZIPs for home value. ZIP 60606 is around the 89th percentile of tracked local ZIPs for rent.
ZIP 60606 home value & rent trend (past 12 months)
Typical home value rose 3.6% over the past 12 months, from $332,618 to $344,545. It rose in 9 of 11 monthly readings. The largest monthly gain was +0.8% in July 2026.
Typical rent rose 2.2% over the past 12 months, from $2,729 to $2,789. It rose in 7 of 11 monthly readings. The largest monthly gain was +1.1% in January 2026.
How ZIP 60606 compares to the metro
ZIP 60606's typical home value is 1.3% above the metro median of $340,167. ZIP 60606's typical rent is 48.1% above the metro median of $1,883.
Supply, pending activity, and competition
ZIP 60606 is around the 7th percentile of tracked local ZIPs for for-sale inventory. ZIP 60606 is around the 58th percentile of tracked local ZIPs for buyer competition. Supply and buyer competition did not produce a clear easing or tightening split. Over the 12 readings on record, inventory moved between 14 and 26 — a 12-point spread across 55 comparable tracked ZIPs. Over the 12 readings on record, buyer competition moved between 53 and 72 — a 19-point spread across 55 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 60602, 60603, 60661, 60604.
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 60606 vs 60601Compare this market with another tracked ZIP or peer group.
- Compare 60606 vs 60602Compare this market with another tracked ZIP or peer group.
- Compare 60606 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 60603 housing marketReview a nearby local market with the same core measures.
- ZIP 60661 housing marketReview a nearby local market with the same core measures.
- Chicago Metro housing market overviewReturn to the broader parent market.
60606 Housing Market Overview FAQ
What is the typical home value in ZIP 60606?
The typical home value in ZIP 60606 is $344,545 in the latest monthly reading.
What is the typical rent in ZIP 60606?
Typical rent in ZIP 60606 is $2,789 per month.
What is the home-value-to-rent ratio in ZIP 60606?
ZIP 60606 has a home-value-to-annual-rent ratio of 10.3.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules