ZIP Code · IL

ZIP 60062

Part of Northbrook, IL

Pop. 41,406·Cook County·20th most expensive ZIP in Illinois

Median rent (all units)

$2,687/mo

Year-over-Year

+2.3%

Month-over-Month

-0.7%

vs US Median

+$755

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 60062 · $2,687

More expensive than 84% of US ZIP codes · National median $1,932/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in ZIP 60062 usually run 1% below trend in February and 1.4% above it in August, about $64 a month apart at today's median. Based on 7 years of data.

Compared with the peak

Rent in ZIP 60062 is 1.2% below its high of $2,719 in March 2026, at $2,687 as of September 2026.

Past year vs. the rest of Illinois

Rent in ZIP 60062 changed +2.3% over the year to September 2026. Across the 172 Illinois ZIP codes Zillow tracks, the typical change was +4.7%.

Since before the pandemic

Rent in ZIP 60062 is 48.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($143,323) is $3,583 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,530).

Cheaper nearby

ZIP 60090, 4 miles away, rents for 25% less ($2,028/mo), about $7,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60062. 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.

Annual cost

$32,244/yr

At $2,687/mo median

Location

CityNorthbrook

StateIL

CountyCook 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 (+2.3% YoY, -0.7% 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

$1,928 → $2,687

up 39.4%

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 $1,928 to $2,687, up 39.4% 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

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About renting in ZIP 60062

Last updated: October 17, 2026

ZIP code 60062 covers Northbrook, IL. The median rent here is $2,687/mo as of October 2026. A 1-bedroom rents for a median of $2,100/mo. A 2-bedroom rents for a median of $2,370/mo.

At 22% of local median household income ($143,323/yr), ZIP 60062 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.3% over the past year.

FAQ

Frequently asked questions

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 $107,000/year (about $51/hour full-time) to afford the median rent of $2,687/mo in ZIP 60062. The local median household income is $143,323/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 60062?

Rent in ZIP 60062 has risen 2.3% over the past year as of September 2026. It sits 1.2% below its high of $2,719 in March 2026.

When is the cheapest time to rent in ZIP 60062?

Asking rents in ZIP 60062 are usually lowest in February, about 1% below their yearly trend, and highest in August, about 1.4% above it. At today's median that is a gap of roughly $64 a month. This pattern comes from 7 years of Zillow rent data.

How does ZIP 60062 compare to other ZIPs in Illinois?

ZIP 60062 is one of the pricier among Illinois ZIP codes for rent, ranking #20 of 227 at $2,687/mo. Over the year to September 2026, rent in ZIP 60062 changed +2.3%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.