ZIP Code · IL

ZIP 60050

Part of McHenry, IL

Pop. 31,781·McHenry County·116th most expensive ZIP in Illinois

Median rent (all units)

$1,851/mo

Year-over-Year

Stable

Month-over-Month

+0.6%

vs US Median

-$81

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 60050 · $1,851

More expensive than 52% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,580

1 BR

$1,690

2 BR

$1,900

3 BR

$2,450

4 BR+

$2,830

Research median

$1,900/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

What a typical income covers

30% of the median household income ($88,812) is $2,220 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,900); a 3-bedroom is $2,450.

Cheaper nearby

ZIP 60098, 8 miles away, rents for 20% less ($1,474/mo), about $4,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60050. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$22,212/yr

At $1,851/mo median

Location

CityMcHenry

StateIL

CountyMcHenry County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+0.0% YoY, +0.6% MoM), not inventory.

Demographics

Who lives here

ZIP 60050 (McHenry, IL) is majority owner-occupied, 25.3% of residents hold a bachelor's degree or higher.

Population

31,781

Median income

$88,812

Median age

42.7

Renters

24.7%

Age distribution

20.4%

20%

25.8%

15.4%

18.4%

Under 1820.4%

18–3420%

35–5425.8%

55–6415.4%

65+18.4%

Gender

50.3%

49.7%

Male50.3%

Female49.7%

Race & ethnicity

83.3%

16%

White83.3%

Black0.7%

Hispanic16%

Asian1.6%

Education (25+)

32.4%

34.4%

25.3%

No HS diploma7.8%

HS diploma32.4%

Some college34.4%

Bachelor's+25.3%

Housing tenure

75.3%

24.7%

Owner75.3%

Renter24.7%

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

2021 vs 2026

How ZIP 60050 in McHenry, IL has changed in 5 years

Income

$76,147 → $88,812

up 16.6%

Population

31,748 → 31,781

up 0.1%

Renter share

23.5% → 24.7%

+1.2 pts

Bachelor's+

26.8% → 25.3%

-1.5 pts

Median age

41 → 42.7

+1.7 yrs

Median household income rose from $76,147 to $88,812 between 2021 and 2024, a 16.6% shift.

Community

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Local insights

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About renting in ZIP 60050

Last updated: October 17, 2026

ZIP code 60050 covers McHenry, IL. The median rent here is $1,851/mo as of October 2026. A 1-bedroom rents for a median of $1,690/mo. A 2-bedroom rents for a median of $1,900/mo.

At 25% of local median household income ($88,812/yr), ZIP 60050 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 60050?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (about $36/hour full-time) to afford the median rent of $1,851/mo in ZIP 60050. The local median household income is $88,812/yr, so the typical household meets that bar.