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ZIP Code · IL

ZIP 60053

Pop. 24,619·Cook County·37th most expensive ZIP in Illinois
Median rent (all units)
$2,483/mo
Year-over-Year
+10.0%
Month-over-Month
-7.3%
vs US Median
+$518
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 60053 · $2,483
More expensive than 79% of US ZIP codes · National median $1,965/mo
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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$2,220
1 BR
$2,370
2 BR
$2,670
3 BR
$3,440
4 BR+
$3,980
Research median
$2,670/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
$29,796/yr
At $2,483/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 10.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+10.0% YoY, -7.3% MoM), not inventory.
Demographics

Who lives here

ZIP 60053 (Morton Grove, IL) is majority owner-occupied, has a large retiree population, has a median income above the national average, 55.2% of residents hold a bachelor's degree or higher.

Population
24,619
Median income
$111,116
Median age
44.6
Renters
14.8%
Age distribution
21.4%
13.5%
29.9%
24.1%
Under 1821.4%
18–3413.5%
35–5429.9%
55–6411%
65+24.1%
Gender
48.9%
51.1%
Male48.9%
Female51.1%
Race & ethnicity
54.4%
32%
White54.4%
Black2%
Hispanic8%
Asian32%
Other3.6%
Education (25+)
15.1%
20.6%
55.2%
No HS diploma9.2%
HS diploma15.1%
Some college20.6%
Bachelor's+55.2%
Housing tenure
85.2%
14.8%
Owner85.2%
Renter14.8%

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

2021 vs 2026

How ZIP 60053 in Morton Grove, IL has changed in 5 years

Income
$91,389 → $111,116
up 21.6%
Population
25,004 → 24,619
down 1.5%
Renter share
13.5% → 14.8%
+1.3 pts
Bachelor's+
49% → 55.2%
+6.2 pts
Median age
46.2 → 44.6
-1.6 yrs

Local incomes tracked alongside that move, going from a median of $91,389 in 2021 to $111,116 more recently. The population has contracted by 1.5% since 2021, moving from about 25,004 residents to roughly 24,619. College-educated residents now make up 55.2% of adults here, versus 49% in 2021.

Community

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Local insights

Tips for renters in ZIP 60053

About renting in ZIP 60053

Last updated: July 20, 2026

ZIP code 60053 covers Morton Grove, IL. The median rent here is $2,483/mo as of July 2026. A 1-bedroom rents for a median of $2,370/mo. A 2-bedroom rents for a median of $2,670/mo.

At 27% of local median household income ($111,116/yr), ZIP 60053 ranks as affordable compared to the national benchmark of 30%. Rents have increased 10.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60053?

As of July 20, 2026, the median monthly rent in ZIP 60053 (Morton Grove, IL) is $2,483. This is based on aggregated data from public sources and community submissions.

How does ZIP 60053 rent compare to the US average?

ZIP 60053's median rent of $2,483/mo is $518 (26%) above the US national median of $1,965/mo.

How does ZIP 60053 compare to other ZIPs in Illinois?

ZIP 60053 is one of the pricier ZIP codes in Illinois, ranking #37 out of 230 ZIPs tracked at $2,483/mo.

How much income do you need to rent in ZIP 60053?

To keep rent at or below 30% of gross income, you would need to earn at least $99,000/year (~$48/hour full-time) to afford the median rent of $2,483/mo in ZIP 60053. The local median household income is $111,116/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 60053?

Rent in ZIP 60053 has increased 10.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 60053 an affordable place to rent?

ZIP 60053 is considered affordable for renters. At $2,483/mo, rent takes approximately 27% of the local median household income ($111,116/yr). The standard benchmark is 30%. ZIP 60053 falls comfortably within that range.

What percentage of ZIP 60053 residents rent vs. own?

According to Census data, approximately 14.8% of ZIP 60053 households are renters, while 85.2% are owner-occupied. ZIP 60053 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 60053 compare to the rest of Morton Grove?

ZIP 60053 sits right at the Morton Grove citywide median of $2,483/mo.

When was rent data for ZIP 60053 last updated?

Rent data for ZIP 60053 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $2,483/mo, rent takes ~27% of ZIP 60053's median household income ($111,116/yr). The standard benchmark is 30%.

ZIP 60053 27%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60053 (Morton Grove, IL)

Recent submissions

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