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ZIP Code · IL

ZIP 60016

Pop. 60,898·Cook County·95th most expensive ZIP in Illinois
Median rent (all units)
$2,000/mo
Year-over-Year
-1.3%
Month-over-Month
-2.6%
vs US Median
+$35
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 60016 · $2,000
More expensive than 60% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,570
1 BR
$1,680
2 BR
$1,890
3 BR
$2,430
4 BR+
$2,820
Research median
$1,890/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: July 20, 2026

Annual cost
$24,000/yr
At $2,000/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 1.3% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-1.3% YoY, -2.6% MoM), not inventory.
Demographics

Who lives here

ZIP 60016 (Des Plaines, IL) is majority owner-occupied, 43% of residents hold a bachelor's degree or higher.

Population
60,898
Median income
$86,571
Median age
40.9
Renters
32.4%
Age distribution
21.6%
19.3%
25.5%
14.8%
18.7%
Under 1821.6%
18–3419.3%
35–5425.5%
55–6414.8%
65+18.7%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
56.4%
16.4%
21.8%
White56.4%
Black5.5%
Hispanic16.4%
Asian21.8%
Education (25+)
21%
26.3%
43%
No HS diploma9.7%
HS diploma21%
Some college26.3%
Bachelor's+43%
Housing tenure
67.6%
32.4%
Owner67.6%
Renter32.4%

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

2021 vs 2026

How ZIP 60016 in Des Plaines, IL has changed in 5 years

Rent
$1,553 → $2,000
up 28.8%
Income
$73,428 → $86,571
up 17.9%
Population
62,140 → 60,898
down 2.0%
Renter share
31.2% → 32.4%
+1.2 pts
Bachelor's+
42.4% → 43%
+0.6 pts
Median age
41.7 → 40.9
-0.8 yrs

Compared with 2021, rent in ZIP 60016 in Des Plaines, IL has climbed by $447 per month, settling near $2,000 after starting the period at $1,553. Median household income grew from $73,428 to $86,571 between 2021 and 2024, a 17.9% shift. Rent outpaced income growth by roughly 10.9 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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Local insights

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About renting in ZIP 60016

Last updated: July 20, 2026

ZIP code 60016 covers Des Plaines, IL. The median rent here is $2,000/mo as of July 2026. A 1-bedroom rents for a median of $1,680/mo. A 2-bedroom rents for a median of $1,890/mo.

At 28% of local median household income ($86,571/yr), ZIP 60016 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60016?

As of July 20, 2026, the median monthly rent in ZIP 60016 (Des Plaines, IL) is $2,000. This is based on aggregated data from public sources and community submissions.

How does ZIP 60016 rent compare to the US average?

ZIP 60016's median rent of $2,000/mo is $35 (2%) above the US national median of $1,965/mo.

How does ZIP 60016 compare to other ZIPs in Illinois?

ZIP 60016 falls in the middle range for Illinois, ranking #95 out of 230 ZIPs at $2,000/mo.

How much income do you need to rent in ZIP 60016?

To keep rent at or below 30% of gross income, you would need to earn at least $80,000/year (~$38/hour full-time) to afford the median rent of $2,000/mo in ZIP 60016. The local median household income is $86,571/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 60016?

Rent in ZIP 60016 has decreased 1.3% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 60016 an affordable place to rent?

ZIP 60016 is considered affordable for renters. At $2,000/mo, rent takes approximately 28% of the local median household income ($86,571/yr). The standard benchmark is 30%. ZIP 60016 falls comfortably within that range.

What percentage of ZIP 60016 residents rent vs. own?

According to Census data, approximately 32.4% of ZIP 60016 households are renters, while 67.6% are owner-occupied. ZIP 60016 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 60016 compare to the rest of Des Plaines?

ZIP 60016 is more affordable than Des Plaines overall. At $2,000/mo, it's $31 below the Des Plaines citywide median of $2,031/mo.

When was rent data for ZIP 60016 last updated?

Rent data for ZIP 60016 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
28%
AFFORDABLE

At $2,000/mo, rent takes ~28% of ZIP 60016's median household income ($86,571/yr). The standard benchmark is 30%.

ZIP 60016 28%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60016 (Des Plaines, IL)

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