Zip Code: 60649 (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 60649 Zip Code (Chicago, Illinois) in February 2026 was $1,389.591. The month over month percentage change (MoM) was -0.13%, and the year over year percentage change (YoY) was 6.35%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 60649 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 60649 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: 60649 (Chicago, Illinois) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 60649 (Chicago, Illinois) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 798.827560145793 NaN NaN
Feb 2015 794.3310049887843 -0.56 NaN
Mar 2015 800.8317750992114 0.82 NaN
Apr 2015 808.0141083025051 0.90 NaN
May 2015 815.0130183866772 0.87 NaN
Jun 2015 823.9348598251412 1.10 NaN
Jul 2015 830.8120760468596 0.84 NaN
Aug 2015 830.6024072716598 -0.02 NaN
Sep 2015 823.6425566613644 -0.84 NaN
Oct 2015 825.4488816338628 0.22 NaN
Nov 2015 826.9534355956383 0.18 NaN
Dec 2015 833.5241237649693 0.80 NaN
Jan 2016 834.4561563836011 0.11 4.46
Feb 2016 841.5216613965442 0.85 5.94
Mar 2016 851.4582806311837 1.18 6.32
Apr 2016 857.026665907433 0.65 6.07
May 2016 863.569960080281 0.76 5.96
Jun 2016 853.7588877676268 -1.14 3.62
Jul 2016 856.71670160233 0.35 3.12
Aug 2016 873.0904676889552 1.91 5.12
Sep 2016 888.9348495073959 1.82 7.93
Oct 2016 895.6251147801086 0.75 8.50
Nov 2016 900.7323062671236 0.57 8.92
Dec 2016 905.1304132313187 0.49 8.59
Jan 2017 909.9292636637698 0.53 9.05
Feb 2017 897.2315288781556 -1.39 6.62
Mar 2017 888.5752840204108 -0.96 4.36
Apr 2017 892.1929893268392 0.41 4.10
May 2017 899.926895287386 0.87 4.21
Jun 2017 917.1257535483373 1.91 7.42
Jul 2017 912.1318912716847 -0.55 6.47
Aug 2017 911.7825270188007 -0.04 4.43
Sep 2017 908.2693535771165 -0.38 2.17
Oct 2017 915.3021923499197 0.77 2.20
Nov 2017 913.354261013883 -0.21 1.40
Dec 2017 914.4225946407577 0.12 1.03
Jan 2018 915.8641120404894 0.16 0.65
Feb 2018 928.3914782113294 1.37 3.47
Mar 2018 933.5253721650421 0.55 5.06
Apr 2018 933.0539137014715 -0.05 4.58
May 2018 933.2527906066383 0.02 3.70
Jun 2018 940.5757574726667 0.79 2.56
Jul 2018 951.3806064169845 1.15 4.30
Aug 2018 947.7120796738745 -0.39 3.94
Sep 2018 945.5388152394598 -0.23 4.10
Oct 2018 937.3197726330794 -0.87 2.40
Nov 2018 949.0250290262406 1.25 3.91
Dec 2018 949.835397836288 0.09 3.87
Jan 2019 959.8981903331016 1.06 4.81
Feb 2019 957.4996486480482 -0.25 3.14
Mar 2019 963.0090958699167 0.57 3.16
Apr 2019 967.9525975434185 0.51 3.74
May 2019 970.4851540308456 0.26 3.99
Jun 2019 966.4355116668567 -0.42 2.75
Jul 2019 968.3205464475848 0.20 1.78
Aug 2019 976.7352515898907 0.87 3.06
Sep 2019 986.3216533783519 0.98 4.31
Oct 2019 997.5816955042244 1.14 6.43
Nov 2019 998.2879673540473 0.07 5.19
Dec 2019 1006.3196282585413 0.81 5.95
Jan 2020 1007.2574962401808 0.09 4.93
Feb 2020 1016.2699242729724 0.90 6.14
Mar 2020 1031.5780083108782 1.51 7.12
Apr 2020 1017.7576111169673 -1.34 5.15
May 2020 1008.4476480946088 -0.91 3.91
Jun 2020 1002.2434637476123 -0.61 3.71
Jul 2020 1015.6617759598447 1.34 4.89
Aug 2020 1022.4482247013193 0.67 4.68
Sep 2020 1035.357830939621 1.26 4.97
Oct 2020 1043.2476040682477 0.76 4.58
Nov 2020 1059.9897185772666 1.61 6.18
Dec 2020 1053.7831375811015 -0.59 4.72
Jan 2021 1045.6881999592508 -0.77 3.82
Feb 2021 1025.9110670098587 -1.89 0.95
Mar 2021 1026.7974838520436 0.09 -0.46
Apr 2021 1034.4056143554965 0.74 1.64
May 2021 1045.5669643408305 1.08 3.68
Jun 2021 1049.798287023383 0.41 4.75
Jul 2021 1056.8321015397069 0.67 4.05
Aug 2021 1069.2356243760212 1.17 4.58
Sep 2021 1074.6227129643337 0.50 3.79
Oct 2021 1079.837739822433 0.49 3.51
Nov 2021 1083.7989175207847 0.37 2.25
Dec 2021 1102.0505875809815 1.68 4.58
Jan 2022 1109.4699719333837 0.67 6.10
Feb 2022 1122.5522512345285 1.18 9.42
Mar 2022 1125.2228701593713 0.24 9.59
Apr 2022 1149.327560736566 2.14 11.11
May 2022 1167.8950896643046 1.62 11.70
Jun 2022 1182.5996441720565 1.26 12.65
Jul 2022 1182.3288981058877 -0.02 11.88
Aug 2022 1168.2861659738126 -1.19 9.26
Sep 2022 1169.3565995274694 0.09 8.82
Oct 2022 1167.2243651273911 -0.18 8.09
Nov 2022 1172.5086363335845 0.45 8.19
Dec 2022 1169.3280108622203 -0.27 6.11
Jan 2023 1173.1304211644183 0.33 5.74
Feb 2023 1185.5282299661965 1.06 5.61
Mar 2023 1197.6949834153731 1.03 6.44
Apr 2023 1197.1268762468167 -0.05 4.16
May 2023 1194.17466251971 -0.25 2.25
Jun 2023 1188.7391984994185 -0.45 0.52
Jul 2023 1189.5255403826577 0.07 0.61
Aug 2023 1198.8487707957463 0.78 2.62
Sep 2023 1196.437384388176 -0.20 2.32
Oct 2023 1202.0507336038463 0.47 2.98
Nov 2023 1204.0981413360628 0.17 2.69
Dec 2023 1220.8733371232138 1.39 4.41
Jan 2024 1242.274912238414 1.75 5.89
Feb 2024 1235.305319167111 -0.56 4.20
Mar 2024 1243.0473595449535 0.63 3.79
Apr 2024 1232.3559710581903 -0.86 2.94
May 2024 1241.8773904875193 0.77 4.00
Jun 2024 1251.1669608638797 0.75 5.25
Jul 2024 1260.9842107021152 0.79 6.01
Aug 2024 1271.1753753803027 0.81 6.03
Sep 2024 1266.6493764870213 -0.36 5.87
Oct 2024 1279.4892020075604 1.01 6.44
Nov 2024 1284.7341479138934 0.41 6.70
Dec 2024 1291.8333670802201 0.55 5.81
Jan 2025 1285.5984282759541 -0.48 3.49
Feb 2025 1306.5668150400888 1.63 5.77
Mar 2025 1309.2492259583987 0.21 5.33
Apr 2025 1328.0691778996195 1.44 7.77
May 2025 1333.3212253081576 0.40 7.36
Jun 2025 1341.0794543645777 0.58 7.19
Jul 2025 1348.3092159847092 0.54 6.93
Aug 2025 1353.2672846398998 0.37 6.46
Sep 2025 1372.9364733395887 1.45 8.39
Oct 2025 1374.984763111127 0.15 7.46
Nov 2025 1383.5082967732726 0.62 7.69
Dec 2025 1383.9512908057904 0.03 7.13
Jan 2026 1391.4733820935223 0.54 8.24
Feb 2026 1389.5906002751979 -0.13 6.35