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ZIP Code · IL

ZIP 60062

Pop. 41,406·Cook County·17th most expensive ZIP in Illinois
Median rent (all units)
$2,717/mo
Year-over-Year
-2.9%
Month-over-Month
+2.5%
vs US Median
+$752
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 60062 · $2,717
More expensive than 85% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,970
1 BR
$2,100
2 BR
$2,370
3 BR
$3,050
4 BR+
$3,530
Research median
$2,370/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
$32,604/yr
At $2,717/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (-2.9% YoY, +2.5% MoM), not inventory.
Demographics

Who lives here

ZIP 60062 (Northbrook, IL) is majority owner-occupied, has a large retiree population, has a median income above the national average, 70.7% of residents hold a bachelor's degree or higher.

Population
41,406
Median income
$143,323
Median age
49.5
Renters
17.1%
Age distribution
20.7%
12.1%
25.1%
15%
27.1%
Under 1820.7%
18–3412.1%
35–5425.1%
55–6415%
65+27.1%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
72.1%
18%
White72.1%
Black2.2%
Hispanic5.3%
Asian18%
Other2.4%
Education (25+)
15.7%
70.7%
No HS diploma3.4%
HS diploma10.3%
Some college15.7%
Bachelor's+70.7%
Housing tenure
82.9%
17.1%
Owner82.9%
Renter17.1%

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

2021 vs 2026

How ZIP 60062 in Northbrook, IL has changed in 5 years

Rent
$1,920 → $2,717
up 41.5%
Income
$128,312 → $143,323
up 11.7%
Population
41,920 → 41,406
down 1.2%
Renter share
16.8% → 17.1%
+0.3 pts
Bachelor's+
68.3% → 70.7%
+2.4 pts

Across the past five years, the going rent in ZIP 60062 in Northbrook, IL has shifted from $1,920 to $2,717, up 41.5% since 2021. Census figures show median household income at $143,323 today, compared with $128,312 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 60062 in Northbrook, IL losing about 514 residents over the five-year window, down 1.2% on net. Bachelor's-degree-or-higher attainment moved from 68.3% to 70.7% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

Tips for renters in ZIP 60062

About renting in ZIP 60062

Last updated: July 20, 2026

ZIP code 60062 covers Northbrook, IL. The median rent here is $2,717/mo as of July 2026. A 1-bedroom rents for a median of $2,100/mo. A 2-bedroom rents for a median of $2,370/mo.

At 23% of local median household income ($143,323/yr), ZIP 60062 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60062?

As of July 20, 2026, the median monthly rent in ZIP 60062 (Northbrook, IL) is $2,717. This is based on aggregated data from public sources and community submissions.

How does ZIP 60062 rent compare to the US average?

ZIP 60062's median rent of $2,717/mo is $752 (38%) above the US national median of $1,965/mo.

How does ZIP 60062 compare to other ZIPs in Illinois?

ZIP 60062 is one of the pricier ZIP codes in Illinois, ranking #17 out of 230 ZIPs tracked at $2,717/mo.

How much income do you need to rent in ZIP 60062?

To keep rent at or below 30% of gross income, you would need to earn at least $109,000/year (~$52/hour full-time) to afford the median rent of $2,717/mo in ZIP 60062. The local median household income is $143,323/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 60062?

Rent in ZIP 60062 has decreased 2.9% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 60062 an affordable place to rent?

ZIP 60062 is considered very affordable for renters. At $2,717/mo, rent takes approximately 23% of the local median household income ($143,323/yr). The standard benchmark is 30%. ZIP 60062 falls comfortably within that range.

What percentage of ZIP 60062 residents rent vs. own?

According to Census data, approximately 17.1% of ZIP 60062 households are renters, while 82.9% are owner-occupied. ZIP 60062 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 60062 compare to the rest of Northbrook?

ZIP 60062 is more affordable than Northbrook overall. At $2,717/mo, it's $350 below the Northbrook citywide median of $3,067/mo.

When was rent data for ZIP 60062 last updated?

Rent data for ZIP 60062 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $2,717/mo, rent takes ~23% of ZIP 60062's median household income ($143,323/yr). The standard benchmark is 30%.

ZIP 60062 23%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60062 (Northbrook, IL)

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