ZIP Code · IL

ZIP 60193

Part of Schaumburg, IL

Pop. 40,146·Cook County·88th most expensive ZIP in Illinois

Median rent (all units)

$2,051/mo

Year-over-Year

+3.2%

Month-over-Month

Stable

vs US Median

+$119

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 60193 · $2,051

More expensive than 64% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,890

1 BR

$2,020

2 BR

$2,280

3 BR

$2,940

4 BR+

$3,400

Research median

$2,280/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 60193 usually run 1.1% below trend in February and 0.5% above it in June, about $33 a month apart at today's median. Based on 7 years of data.

Compared with the peak

Rent in ZIP 60193 is 0% below its high of $2,052 in August 2026, at $2,051 as of September 2026.

Past year vs. the rest of Illinois

Rent in ZIP 60193 changed +3.2% over the year to September 2026. Across the 172 Illinois ZIP codes Zillow tracks, the typical change was +4.7%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 60193 rose 41.2% while median household income rose 15.6% ($83,049 to $95,972). Rent outpaced income.

Since before the pandemic

Rent in ZIP 60193 is 49.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($95,972) is $2,399 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,280); a 3-bedroom is $2,940.

Rank in Schaumburg

2nd cheapest of 3 ZIP codes in Schaumburg.

Cheaper nearby

ZIP 60195, 5 miles away, rents for 13% less ($1,788/mo), about $3,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60193. 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

$24,612/yr

At $2,051/mo median

Location

CitySchaumburg

StateIL

CountyCook County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.2% YoY, -0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 60193 (Schaumburg, IL) is majority owner-occupied, has a median income above the national average, 43.5% of residents hold a bachelor's degree or higher.

Population

40,146

Median income

$95,972

Median age

42.2

Renters

24.2%

Age distribution

22.9%

17.1%

28.8%

19.9%

Under 1822.9%

18–3417.1%

35–5428.8%

55–6411.3%

65+19.9%

Gender

49.6%

50.4%

Male49.6%

Female50.4%

Race & ethnicity

65.8%

12.7%

15.8%

White65.8%

Black3.4%

Hispanic12.7%

Asian15.8%

Other2.3%

Education (25+)

22.1%

30%

43.5%

No HS diploma4.4%

HS diploma22.1%

Some college30%

Bachelor's+43.5%

Housing tenure

75.8%

24.2%

Owner75.8%

Renter24.2%

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

2021 vs 2026

How ZIP 60193 in Schaumburg, IL has changed in 5 years

Rent

$1,440 → $2,051

up 42.4%

Income

$82,287 → $95,972

up 16.6%

Population

40,150 → 40,146

up 0.0%

Renter share

26.4% → 24.2%

-2.2 pts

Bachelor's+

42.1% → 43.5%

+1.4 pts

Median age

41.3 → 42.2

+0.9 yrs

Rent in ZIP 60193 in Schaumburg, IL has climbed 42.4% since 2021, going from about $1,440 per month to roughly $2,051 today. On the earnings side, the typical household in ZIP 60193 in Schaumburg, IL now reports about $95,972, up from $82,287 in 2021. Rent outpaced income growth by roughly 25.8 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. About 24.2% of households rent today, against 26.4% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 60193 in Schaumburg, IL reflects that arc in its own way.

Community

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Local insights

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About renting in ZIP 60193

Last updated: October 17, 2026

ZIP code 60193 covers Schaumburg, IL. The median rent here is $2,051/mo as of October 2026. A 1-bedroom rents for a median of $2,020/mo. A 2-bedroom rents for a median of $2,280/mo.

At 26% of local median household income ($95,972/yr), ZIP 60193 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 60193?

To keep rent at or below 30% of gross income, you would need to earn at least $82,000/year (about $39/hour full-time) to afford the median rent of $2,051/mo in ZIP 60193. The local median household income is $95,972/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 60193?

Rent in ZIP 60193 has risen 3.2% over the past year as of September 2026. It sits 0% below its high of $2,052 in August 2026.

When is the cheapest time to rent in ZIP 60193?

Asking rents in ZIP 60193 are usually lowest in February, about 1.1% below their yearly trend, and highest in June, about 0.5% above it. At today's median that is a gap of roughly $33 a month. This pattern comes from 7 years of Zillow rent data.

Has rent outpaced income in ZIP 60193?

Yes. From 2019 to 2024, rent in ZIP 60193 rose 41.2% while median household income rose 15.6%, from $83,049 to $95,972. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 60193 compare to other ZIPs in Illinois?

ZIP 60193 is in the middle among Illinois ZIP codes for rent, ranking #88 of 227 at $2,051/mo. Over the year to September 2026, rent in ZIP 60193 changed +3.2%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.