ZIP Code · IL

ZIP 60004

Pop. 51,835·Cook County·77th most expensive ZIP in Illinois
Median rent (all units)
$2,098/mo
Year-over-Year
+3.0%
Month-over-Month
+0.5%
vs US Median
+$166
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 60004 · $2,098
More expensive than 66% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,820
1 BR
$1,940
2 BR
$2,190
3 BR
$2,820
4 BR+
$3,260
Research median
$2,190/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in ZIP 60004 usually run 2.2% below trend in December and 1.8% above it in June, about $84 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 60004 is at its highest level since Zillow's records here began in February 2021.

Past year vs. the rest of Illinois

Rent in ZIP 60004 changed +3.0% over the year to September 2026. Across the 172 Illinois ZIP codes Zillow tracks, the typical change was +4.7%.

Recent direction

Rent has risen 2 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($128,979) is $3,224 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,820); a 4-bedroom is $3,260.

Cheaper nearby

ZIP 60056, 4 miles away, rents for 13% less ($1,832/mo), about $3,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60004. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$25,176/yr
At $2,098/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.0% YoY, +0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 60004 (Arlington Heights, IL) is majority owner-occupied, has a median income above the national average, 60.1% of residents hold a bachelor's degree or higher.

Population
51,835
Median income
$128,979
Median age
41.8
Renters
22%
Age distribution
24.1%
15.7%
27.4%
13.3%
19.5%
Under 1824.1%
18–3415.7%
35–5427.4%
55–6413.3%
65+19.5%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
74.7%
White74.7%
Black3.5%
Hispanic9.2%
Asian10.5%
Other2.1%
Education (25+)
14.9%
20.8%
60.1%
No HS diploma4.1%
HS diploma14.9%
Some college20.8%
Bachelor's+60.1%
Housing tenure
78%
22%
Owner78%
Renter22%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 60004 in Arlington Heights, IL has changed in 5 years

Rent
$1,411 → $2,098
up 48.7%
Income
$108,890 → $128,979
up 18.4%
Population
52,344 → 51,835
down 1.0%
Renter share
23.1% → 22%
-1.1 pts
Bachelor's+
58.8% → 60.1%
+1.3 pts
Median age
42.3 → 41.8
-0.5 yrs

Across the past five years, the going rent in ZIP 60004 in Arlington Heights, IL has shifted from $1,411 to $2,098, up 48.7% since 2021. On the earnings side, the typical household in ZIP 60004 in Arlington Heights, IL now reports about $128,979, up from $108,890 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 60004 in Arlington Heights, IL losing about 509 residents over the five-year window, down 1.0% on net. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 60004 in Arlington Heights, IL reflects that arc in its own way.

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About renting in ZIP 60004

Last updated: October 17, 2026

ZIP code 60004 covers Arlington Heights, IL. The median rent here is $2,098/mo as of October 2026. A 1-bedroom rents for a median of $1,940/mo. A 2-bedroom rents for a median of $2,190/mo.

At 20% of local median household income ($128,979/yr), ZIP 60004 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 60004?

To keep rent at or below 30% of gross income, you would need to earn at least $84,000/year (about $40/hour full-time) to afford the median rent of $2,098/mo in ZIP 60004. The local median household income is $128,979/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 60004?

Rent in ZIP 60004 has risen 3.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in February 2021.

When is the cheapest time to rent in ZIP 60004?

Asking rents in ZIP 60004 are usually lowest in December, about 2.2% below their yearly trend, and highest in June, about 1.8% above it. At today's median that is a gap of roughly $84 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 60004 compare to other ZIPs in Illinois?

ZIP 60004 is in the middle among Illinois ZIP codes for rent, ranking #77 of 227 at $2,098/mo. Over the year to September 2026, rent in ZIP 60004 changed +3.0%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.

How does ZIP 60004 compare to the rest of Arlington Heights?

At $2,098/mo, ZIP 60004 is $99 above the Arlington Heights citywide median of $1,999/mo.
Income Affordability
20%
VERY AFFORDABLE

At $2,098/mo, rent takes ~20% of ZIP 60004's median household income ($128,979/yr). The standard benchmark is 30%.

ZIP 60004 20%Benchmark 30%
State income tax4.95%
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Schools nearby

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