ZIP 60007
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in ZIP 60007 is at its highest level since Zillow's records here began in December 2022.
Rent in ZIP 60007 changed +3.2% over the year to September 2026. Across the 172 Illinois ZIP codes Zillow tracks, the typical change was +4.7%.
Rent has risen 9 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($93,494) is $2,337 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,990); a 3-bedroom is $2,560.
ZIP 60656, 9 miles away, rents for 12% less ($1,611/mo), about $2,700 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 60007. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Who lives here
ZIP 60007 (Elk Grove Village, IL) is majority owner-occupied, has a large retiree population, has a median income above the national average, 41.5% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 60007 in Elk Grove Village, IL has changed in 5 years
The median rent in ZIP 60007 in Elk Grove Village, IL stood at $1,624 in 2023 and currently runs about $1,833, reflecting a 12.9% increase over the period. Household income in the area moved from $89,408 to $93,494 across the same window, up 4.6% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 1.4% since 2021, moving from about 33,048 residents to roughly 32,592. Reading these numbers side by side helps frame whether current listings in ZIP 60007 in Elk Grove Village, IL look reasonable against where the market sat half a decade ago.
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Tips for renters in ZIP 60007
Last updated: October 17, 2026
ZIP code 60007 covers Elk Grove Village, IL. The median rent here is $1,833/mo as of October 2026. A 1-bedroom rents for a median of $1,770/mo. A 2-bedroom rents for a median of $1,990/mo.
At 24% of local median household income ($93,494/yr), ZIP 60007 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.2% over the past year.
Frequently asked questions
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How does ZIP 60007 compare to other ZIPs in Illinois?
How does ZIP 60007 compare to the rest of Elk Grove Village?
At $1,833/mo, rent takes ~24% of ZIP 60007's median household income ($93,494/yr). The standard benchmark is 30%.
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