Zip Code: 60647 (Chicago, Illinois) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily in the 60647 Zip Code (Chicago, Illinois) in February 2026 was $2,309.574. The month over month percentage change (MoM) was 0.47%, and the year over year percentage change (YoY) was 5.64%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 60647 zip code (Chicago, Illinois). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 60647 zip code (Chicago, Illinois).

You can see similar information for other Illinois zip codes.

Note: Zillow Observed Rent Index (ZORI) is a smoothed measure of the typical observed market rate rent across a given region. ZORI is a repeat-rent index that is weighted to the rental housing stock to ensure representativeness across the entire market, not just homes currently listed for-rent.

Data Source: Zillow.
Zip Code: 60647 (Chicago, Illinois) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 60647 (Chicago, Illinois) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1481.6966554390533 NaN NaN
Feb 2015 1481.2146266957038 -0.03 NaN
Mar 2015 1486.8434699876786 0.38 NaN
Apr 2015 1496.5203682391461 0.65 NaN
May 2015 1504.618083144258 0.54 NaN
Jun 2015 1512.02637313565 0.49 NaN
Jul 2015 1523.1099776753401 0.73 NaN
Aug 2015 1525.2583004072949 0.14 NaN
Sep 2015 1534.291546164223 0.59 NaN
Oct 2015 1535.6719060879316 0.09 NaN
Nov 2015 1542.176253748867 0.42 NaN
Dec 2015 1548.7588909327399 0.43 NaN
Jan 2016 1568.4701643016529 1.27 5.86
Feb 2016 1576.034287037728 0.48 6.40
Mar 2016 1575.4376806784267 -0.04 5.96
Apr 2016 1567.8886921819196 -0.48 4.77
May 2016 1570.4166079650577 0.16 4.37
Jun 2016 1575.1458627294255 0.30 4.17
Jul 2016 1579.243799277206 0.26 3.69
Aug 2016 1577.286831053934 -0.12 3.41
Sep 2016 1584.3015633916627 0.45 3.26
Oct 2016 1581.7487903831275 -0.16 3.00
Nov 2016 1589.4991371070557 0.49 3.07
Dec 2016 1575.0668753985021 -0.91 1.70
Jan 2017 1581.9106345229484 0.44 0.86
Feb 2017 1583.0530427298806 0.07 0.45
Mar 2017 1601.9881024142035 1.20 1.69
Apr 2017 1605.3927487977085 0.21 2.39
May 2017 1618.1044403156147 0.79 3.04
Jun 2017 1622.8613765799655 0.29 3.03
Jul 2017 1625.2939445279633 0.15 2.92
Aug 2017 1622.39573311205 -0.18 2.86
Sep 2017 1626.6233651971463 0.26 2.67
Oct 2017 1640.339491130939 0.84 3.70
Nov 2017 1649.0808813916385 0.53 3.75
Dec 2017 1647.7344655194638 -0.08 4.61
Jan 2018 1629.8809812417394 -1.08 3.03
Feb 2018 1636.7408294935258 0.42 3.39
Mar 2018 1646.8169434228812 0.62 2.80
Apr 2018 1660.3413405635447 0.82 3.42
May 2018 1662.4740159662542 0.13 2.74
Jun 2018 1666.9154805300793 0.27 2.72
Jul 2018 1676.740189848761 0.59 3.17
Aug 2018 1683.7998577656872 0.42 3.79
Sep 2018 1674.7092420451347 -0.54 2.96
Oct 2018 1668.098133676461 -0.39 1.69
Nov 2018 1665.0738809677855 -0.18 0.97
Dec 2018 1686.414976342147 1.28 2.35
Jan 2019 1704.7931146330611 1.09 4.60
Feb 2019 1711.7229581083877 0.41 4.58
Mar 2019 1705.1008170857663 -0.39 3.54
Apr 2019 1704.9543654767854 -0.01 2.69
May 2019 1707.2301154021893 0.13 2.69
Jun 2019 1711.2919214423807 0.24 2.66
Jul 2019 1712.5891694874024 0.08 2.14
Aug 2019 1720.3952988815186 0.46 2.17
Sep 2019 1735.0938914335654 0.85 3.61
Oct 2019 1745.6124977094769 0.61 4.65
Nov 2019 1753.4617741822362 0.45 5.31
Dec 2019 1751.6032979446707 -0.11 3.87
Jan 2020 1755.478345390356 0.22 2.97
Feb 2020 1757.752265890755 0.13 2.69
Mar 2020 1738.0604796319858 -1.12 1.93
Apr 2020 1723.723348726704 -0.82 1.10
May 2020 1719.8011760111806 -0.23 0.74
Jun 2020 1713.8028097974136 -0.35 0.15
Jul 2020 1720.2076528997675 0.37 0.45
Aug 2020 1711.4308823623776 -0.51 -0.52
Sep 2020 1696.8954851988258 -0.85 -2.20
Oct 2020 1675.6618581491302 -1.25 -4.01
Nov 2020 1659.7420269794163 -0.95 -5.34
Dec 2020 1667.4627898731874 0.47 -4.80
Jan 2021 1680.4103320972583 0.78 -4.28
Feb 2021 1698.9009178659865 1.10 -3.35
Mar 2021 1708.4730486631365 0.56 -1.70
Apr 2021 1714.4545112569526 0.35 -0.54
May 2021 1720.3643316523635 0.35 0.03
Jun 2021 1724.3345413816128 0.23 0.62
Jul 2021 1725.8157829302934 0.09 0.33
Aug 2021 1730.7297221649424 0.28 1.13
Sep 2021 1742.1519579969774 0.66 2.67
Oct 2021 1767.369171293375 1.45 5.47
Nov 2021 1792.2879446304473 1.41 7.99
Dec 2021 1806.281647902971 0.78 8.32
Jan 2022 1805.6157536334877 -0.04 7.45
Feb 2022 1815.6186737011385 0.55 6.87
Mar 2022 1826.3163685470954 0.59 6.90
Apr 2022 1849.8290318126037 1.29 7.90
May 2022 1861.6160960559735 0.64 8.21
Jun 2022 1871.2395187250709 0.52 8.52
Jul 2022 1881.1587338891538 0.53 9.00
Aug 2022 1893.7098714768254 0.67 9.42
Sep 2022 1916.4097166020808 1.20 10.00
Oct 2022 1930.9482905770292 0.76 9.26
Nov 2022 1949.469134495332 0.96 8.77
Dec 2022 1954.3552358071067 0.25 8.20
Jan 2023 1959.1144960749684 0.24 8.50
Feb 2023 1957.722336432856 -0.07 7.83
Mar 2023 1962.8125590156653 0.26 7.47
Apr 2023 1973.296278925655 0.53 6.68
May 2023 1982.40764576645 0.46 6.49
Jun 2023 1996.6110349730805 0.72 6.70
Jul 2023 2009.1391705632573 0.63 6.80
Aug 2023 2031.0896046166524 1.09 7.26
Sep 2023 2040.8339151313166 0.48 6.49
Oct 2023 2049.2951714844985 0.42 6.13
Nov 2023 2038.9071364339334 -0.51 4.59
Dec 2023 2049.400865156076 0.52 4.86
Jan 2024 2067.918405608005 0.90 5.55
Feb 2024 2082.2051873001537 0.69 6.36
Mar 2024 2087.6287549936856 0.26 6.36
Apr 2024 2088.161325538845 0.03 5.82
May 2024 2099.2286745595 0.53 5.89
Jun 2024 2111.6612235331545 0.59 5.76
Jul 2024 2117.771708674437 0.29 5.41
Aug 2024 2123.5678932928454 0.27 4.55
Sep 2024 2131.2942545283677 0.36 4.43
Oct 2024 2135.8210210351504 0.21 4.22
Nov 2024 2155.4835102312677 0.92 5.72
Dec 2024 2164.2926524848167 0.41 5.61
Jan 2025 2177.862619796448 0.63 5.32
Feb 2025 2186.3125193133305 0.39 5.00
Mar 2025 2202.660979677549 0.75 5.51
Apr 2025 2217.0174127191067 0.65 6.17
May 2025 2226.2794232015062 0.42 6.05
Jun 2025 2232.252627692406 0.27 5.71
Jul 2025 2244.231089408932 0.54 5.97
Aug 2025 2250.8544086867546 0.30 5.99
Sep 2025 2259.7962644951895 0.40 6.03
Oct 2025 2273.272434573869 0.60 6.44
Nov 2025 2283.4775715097207 0.45 5.94
Dec 2025 2294.9561961200766 0.50 6.04
Jan 2026 2298.7425446721004 0.17 5.55
Feb 2026 2309.573912381822 0.47 5.64