ZIP Code · IL

ZIP 60067

Part of Palatine, IL

Pop. 38,204·Cook County·123rd most expensive ZIP in Illinois

Median rent (all units)

$1,815/mo

Year-over-Year

+3.3%

Month-over-Month

Stable

vs US Median

-$117

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 60067 · $1,815

More expensive than 50% 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

Past year vs. the rest of Illinois

Rent in ZIP 60067 changed +3.3% over the year to September 2026. Across the 172 Illinois ZIP codes Zillow tracks, the typical change was +4.7%.

Recent direction

Rent has fallen 2 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($125,446) is $3,136 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,830).

From Zillow's monthly rent index (ZORI) for ZIP 60067. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$21,780/yr

At $1,815/mo median

Location

CityPalatine

StateIL

CountyCook County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.3% YoY, -0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 60067 (Palatine, IL) is majority owner-occupied, has a median income above the national average, 59.7% of residents hold a bachelor's degree or higher.

Population

38,204

Median income

$125,446

Median age

42.9

Renters

23.8%

Age distribution

20.2%

20.3%

25.2%

14.6%

19.7%

Under 1820.2%

18–3420.3%

35–5425.2%

55–6414.6%

65+19.7%

Gender

49.1%

50.9%

Male49.1%

Female50.9%

Race & ethnicity

70.1%

15%

White70.1%

Black3.7%

Hispanic9.2%

Asian15%

Other2%

Education (25+)

12.5%

24.1%

59.7%

No HS diploma3.6%

HS diploma12.5%

Some college24.1%

Bachelor's+59.7%

Housing tenure

76.2%

23.8%

Owner76.2%

Renter23.8%

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

2021 vs 2026

How ZIP 60067 in Palatine, IL has changed in 5 years

Income

$117,823 → $125,446

up 6.5%

Population

39,006 → 38,204

down 2.1%

Renter share

23.8% → 23.8%

+0.0 pts

Bachelor's+

59.7% → 59.7%

+0.0 pts

Median age

41.9 → 42.9

+1.0 yrs

Household income in the area moved from $117,823 to $125,446 across the same window, up 6.5% versus 2021. Census counts show ZIP 60067 in Palatine, IL losing about 802 residents over the five-year window, down 2.1% on net.

Community

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Local insights

Tips for renters in ZIP 60067

About renting in ZIP 60067

Last updated: October 17, 2026

ZIP code 60067 covers Palatine, IL. The median rent here is $1,815/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 17% of local median household income ($125,446/yr), ZIP 60067 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 60067?

To keep rent at or below 30% of gross income, you would need to earn at least $73,000/year (about $35/hour full-time) to afford the median rent of $1,815/mo in ZIP 60067. The local median household income is $125,446/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 60067?

Rent in ZIP 60067 has risen 3.3% over the past year.

How does ZIP 60067 compare to other ZIPs in Illinois?

ZIP 60067 is in the middle among Illinois ZIP codes for rent, ranking #123 of 227 at $1,815/mo. Over the year to September 2026, rent in ZIP 60067 changed +3.3%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.