ZIP Code · IL

ZIP 60089

Pop. 42,872·Lake County·42nd most expensive ZIP in Illinois
Median rent (all units)
$2,402/mo
Year-over-Year
+1.3%
Month-over-Month
Stable
vs US Median
+$470
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 60089 · $2,402
More expensive than 77% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,130
1 BR
$2,270
2 BR
$2,560
3 BR
$3,300
4 BR+
$3,810
Research median
$2,560/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

Compared with the peak

Rent in ZIP 60089 is 1.3% below its high of $2,434 in February 2026, at $2,402 as of September 2026.

Past year vs. the rest of Illinois

Rent in ZIP 60089 changed +1.3% over the year to September 2026. Across the 172 Illinois ZIP codes Zillow tracks, the typical change was +4.7%.

What a typical income covers

30% of the median household income ($129,401) is $3,235 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,560); a 3-bedroom is $3,300.

Cheaper nearby

ZIP 60090, 3 miles away, rents for 16% less ($2,028/mo), about $4,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60089. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$28,824/yr
At $2,402/mo median
Location
StateIL
CountyLake 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 (+1.3% YoY, +0.0% MoM), not inventory.
Demographics

Who lives here

ZIP 60089 (Buffalo Grove, IL) is majority owner-occupied, has a median income above the national average, 68.6% of residents hold a bachelor's degree or higher.

Population
42,872
Median income
$129,401
Median age
42
Renters
20.2%
Age distribution
24.5%
15.4%
32%
12.2%
15.8%
Under 1824.5%
18–3415.4%
35–5432%
55–6412.2%
65+15.8%
Gender
48%
52%
Male48%
Female52%
Race & ethnicity
59.2%
29.8%
White59.2%
Black3.4%
Hispanic5.8%
Asian29.8%
Other1.8%
Education (25+)
18.6%
68.6%
No HS diploma3.2%
HS diploma9.6%
Some college18.6%
Bachelor's+68.6%
Housing tenure
79.8%
20.2%
Owner79.8%
Renter20.2%

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

2022 vs 2026

How ZIP 60089 in Buffalo Grove, IL has changed in 5 years

Rent
$1,916 → $2,402
up 25.4%
Income
$121,246 → $129,401
up 6.7%
Population
42,993 → 42,872
down 0.3%
Renter share
19.4% → 20.2%
+0.8 pts
Bachelor's+
67.3% → 68.6%
+1.3 pts
Median age
41.2 → 42
+0.8 yrs

Five years ago, renters in ZIP 60089 in Buffalo Grove, IL paid around $1,916 a month. That figure now sits near $2,402, up 25.4% from the 2022 baseline. On the earnings side, the typical household in ZIP 60089 in Buffalo Grove, IL now reports about $129,401, up from $121,246 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 60089 in Buffalo Grove, IL reflects that arc in its own way.

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Local insights

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About renting in ZIP 60089

Last updated: October 17, 2026

ZIP code 60089 covers Buffalo Grove, IL. The median rent here is $2,402/mo as of October 2026. A 1-bedroom rents for a median of $2,270/mo. A 2-bedroom rents for a median of $2,560/mo.

At 22% of local median household income ($129,401/yr), ZIP 60089 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 60089?

To keep rent at or below 30% of gross income, you would need to earn at least $96,000/year (about $46/hour full-time) to afford the median rent of $2,402/mo in ZIP 60089. The local median household income is $129,401/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 60089?

Rent in ZIP 60089 has risen 1.3% over the past year as of September 2026. It sits 1.3% below its high of $2,434 in February 2026.

How does ZIP 60089 compare to other ZIPs in Illinois?

ZIP 60089 is one of the pricier among Illinois ZIP codes for rent, ranking #42 of 227 at $2,402/mo. Over the year to September 2026, rent in ZIP 60089 changed +1.3%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.

How does ZIP 60089 compare to the rest of Buffalo Grove?

At $2,402/mo, ZIP 60089 is $1 below the Buffalo Grove citywide median of $2,403/mo.
Income Affordability
22%
VERY AFFORDABLE

At $2,402/mo, rent takes ~22% of ZIP 60089's median household income ($129,401/yr). The standard benchmark is 30%.

ZIP 60089 22%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60089 (Buffalo Grove, IL)

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