ZIP Code · IL

ZIP 60195

Pop. 4,397·Cook County·126th most expensive ZIP in Illinois
Median rent (all units)
$1,788/mo
Year-over-Year
+0.5%
Month-over-Month
+1.6%
vs US Median
-$144
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 60195 · $1,788
More affordable than 52% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,750
1 BR
$1,870
2 BR
$2,110
3 BR
$2,720
4 BR+
$3,140
Research median
$2,110/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 60195 changed +0.4% over the year to September 2026. Across the 172 Illinois ZIP codes Zillow tracks, the typical change was +4.7%.

Recent direction

Rent has risen 2 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($90,174) is $2,254 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,110); a 3-bedroom is $2,720.

Rank in Schaumburg

1st cheapest of 3 ZIP codes in Schaumburg.

From Zillow's monthly rent index (ZORI) for ZIP 60195. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$21,456/yr
At $1,788/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.5% YoY, +1.6% MoM), not inventory.
Demographics

Who lives here

ZIP 60195 (Schaumburg, IL) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 62.6% of residents hold a bachelor's degree or higher.

Population
4,397
Median income
$90,174
Median age
35.7
Renters
71.4%
Age distribution
16.5%
30.7%
29.4%
13.1%
Under 1816.5%
18–3430.7%
35–5429.4%
55–6413.1%
65+10.3%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
37.7%
19.3%
35.3%
White37.7%
Black6.1%
Hispanic19.3%
Asian35.3%
Other1.5%
Education (25+)
14%
21.3%
62.6%
No HS diploma2.1%
HS diploma14%
Some college21.3%
Bachelor's+62.6%
Housing tenure
28.6%
71.4%
Owner28.6%
Renter71.4%

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

2021 vs 2026

How ZIP 60195 in Schaumburg, IL has changed in 5 years

Income
$79,385 → $90,174
up 13.6%
Population
4,865 → 4,397
down 9.6%
Renter share
69% → 71.4%
+2.4 pts
Bachelor's+
69% → 62.6%
-6.4 pts
Median age
34.6 → 35.7
+1.1 yrs

Median household income climbed from $79,385 to $90,174 between 2021 and 2024, a 13.6% shift. Census counts show ZIP 60195 in Schaumburg, IL losing about 468 residents over the five-year window, down 9.6% on net. The renter share has risen from 69% to 71.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 69% to 62.6% across the same window.

Community

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Local insights

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About renting in ZIP 60195

Last updated: October 17, 2026

ZIP code 60195 covers Schaumburg, IL. The median rent here is $1,788/mo as of October 2026. A 1-bedroom rents for a median of $1,870/mo. A 2-bedroom rents for a median of $2,110/mo.

At 24% of local median household income ($90,174/yr), ZIP 60195 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 60195?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (about $35/hour full-time) to afford the median rent of $1,788/mo in ZIP 60195. The local median household income is $90,174/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 60195?

Rent in ZIP 60195 has been roughly flat over the past year, a +0.5% change.

How does ZIP 60195 compare to other ZIPs in Illinois?

ZIP 60195 is in the middle among Illinois ZIP codes for rent, ranking #126 of 227 at $1,788/mo. Over the year to September 2026, rent in ZIP 60195 changed +0.4%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.

How does ZIP 60195 compare to the rest of Schaumburg?

At $1,788/mo, ZIP 60195 is $337 below the Schaumburg citywide median of $2,125/mo. It is the 1st cheapest of 3 ZIP codes in Schaumburg.
Income Affordability
24%
VERY AFFORDABLE

At $1,788/mo, rent takes ~24% of ZIP 60195's median household income ($90,174/yr). The standard benchmark is 30%.

ZIP 60195 24%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60195 (Schaumburg, IL)

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