ZIP 60016
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12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 60016 usually run 1.4% below trend in December and 0.9% above it in July, about $48 a month apart at today's median. Based on 7 years of data.
Rent in ZIP 60016 is at its highest level since Zillow's records here began in January 2019.
Rent in ZIP 60016 changed +6.0% over the year to September 2026. Across the 172 Illinois ZIP codes Zillow tracks, the typical change was +4.7%.
From 2019 to 2024, rent in ZIP 60016 rose 33.9% while median household income rose 34.9% ($64,195 to $86,571). Income kept ahead of rent.
Rent in ZIP 60016 is 40.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 5 months in a row, and rose in 10 of the last 12 months.
30% of the median household income ($86,571) is $2,164 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,890); a 3-bedroom is $2,430.
ZIP 60056, 2 miles away, rents for 12% less ($1,832/mo), about $3,000 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 60016. 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.
Who lives here
ZIP 60016 (Des Plaines, IL) is majority owner-occupied, 43% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 60016 in Des Plaines, IL has changed in 5 years
Compared with 2021, rent in ZIP 60016 in Des Plaines, IL has climbed by $582 per month, settling near $2,079 after starting the period at $1,497. Median household income grew from $73,428 to $86,571 between 2021 and 2024, a 17.9% shift. Rent outpaced income growth by roughly 21.0 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 62,140 to 60,898 between 2021 and 2024, a 2.0% change. Taken together, the five-year picture in ZIP 60016 in Des Plaines, IL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
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Tips for renters in ZIP 60016
Last updated: October 17, 2026
ZIP code 60016 covers Des Plaines, IL. The median rent here is $2,079/mo as of October 2026. A 1-bedroom rents for a median of $1,680/mo. A 2-bedroom rents for a median of $1,890/mo.
At 29% of local median household income ($86,571/yr), ZIP 60016 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.0% over the past year.
Frequently asked questions
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How does ZIP 60016 compare to the rest of Des Plaines?
At $2,079/mo, rent takes ~29% of ZIP 60016's median household income ($86,571/yr). The standard benchmark is 30%.
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