ZIP Code · IL

ZIP 60301

Part of Oak Park, IL

Pop. 3,475·Cook County·51st most expensive ZIP in Illinois

Median rent (all units)

$2,315/mo

Year-over-Year

+5.3%

Month-over-Month

+0.9%

vs US Median

+$383

Reported rents

Rising (Monthly)

Be the first to discuss 60301 rents ↓

Most AffordableMost Expensive

ZIP 60301 · $2,315

More expensive than 74% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$2,220

1 BR

$2,370

2 BR

$2,670

3 BR

$3,440

4 BR+

$3,980

Research median

$2,670/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

October. Asking rents in ZIP 60301 usually run 1.9% below trend in October and 2% above it in May, about $90 a month apart at today's median. Based on 7 years of data.

Compared with the peak

Rent in ZIP 60301 is at its highest level since Zillow's records here began in March 2019.

Past year vs. the rest of Illinois

Rent in ZIP 60301 changed +5.3% 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 60301 is 27.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 7 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($99,167) is $2,479 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,370); a 2-bedroom is $2,670.

Rank in Oak Park

3rd cheapest of 3 ZIP codes in Oak Park.

Cheaper nearby

ZIP 60302, 1 mile away, rents for 16% less ($1,952/mo), about $4,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60301. 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

$27,780/yr

At $2,315/mo median

Location

CityOak Park

StateIL

CountyCook County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 5.3% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+5.3% YoY, +0.9% MoM), not inventory.

Demographics

Who lives here

ZIP 60301 (Oak Park, IL) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 72.8% of residents hold a bachelor's degree or higher.

Population

3,475

Median income

$99,167

Median age

34.7

Renters

86.8%

Age distribution

13.7%

39.1%

28.5%

Under 1813.7%

18–3439.1%

35–5428.5%

55–647.3%

65+11.4%

Gender

45.7%

54.3%

Male45.7%

Female54.3%

Race & ethnicity

55.9%

17.2%

White55.9%

Black17.2%

Hispanic7.6%

Asian9.2%

Other10.1%

Education (25+)

20.7%

72.8%

No HS diploma0.5%

HS diploma5.9%

Some college20.7%

Bachelor's+72.8%

Housing tenure

13.2%

86.8%

Owner13.2%

Renter86.8%

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

2021 vs 2026

How ZIP 60301 in Oak Park, IL has changed in 5 years

Rent

$1,780 → $2,315

up 30.1%

Income

$90,283 → $99,167

up 9.8%

Population

2,890 → 3,475

up 20.2%

Renter share

80.8% → 86.8%

+6.0 pts

Bachelor's+

80% → 72.8%

-7.2 pts

Median age

35.3 → 34.7

-0.6 yrs

Five years ago, renters in ZIP 60301 in Oak Park, IL paid around $1,780 a month. That figure now sits near $2,315, up 30.1% from the 2021 baseline. Census figures show median household income at $99,167 today, compared with $90,283 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 60301 in Oak Park, IL adding about 585 residents over the five-year window, up 20.2% on net. The renter share has risen from 80.8% to 86.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 80% to 72.8% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about ZIP 60301

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 60301

About renting in ZIP 60301

Last updated: October 17, 2026

ZIP code 60301 covers Oak Park, IL. The median rent here is $2,315/mo as of October 2026. A 1-bedroom rents for a median of $2,370/mo. A 2-bedroom rents for a median of $2,670/mo.

At 28% of local median household income ($99,167/yr), ZIP 60301 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 60301?

To keep rent at or below 30% of gross income, you would need to earn at least $93,000/year (about $45/hour full-time) to afford the median rent of $2,315/mo in ZIP 60301. The local median household income is $99,167/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 60301?

Rent in ZIP 60301 has risen 5.3% over the past year as of September 2026. That is the highest level since Zillow's records here began in March 2019.

When is the cheapest time to rent in ZIP 60301?

Asking rents in ZIP 60301 are usually lowest in October, about 1.9% below their yearly trend, and highest in May, about 2% above it. At today's median that is a gap of roughly $90 a month. This pattern comes from 7 years of Zillow rent data.

How does ZIP 60301 compare to other ZIPs in Illinois?

ZIP 60301 is one of the pricier among Illinois ZIP codes for rent, ranking #51 of 227 at $2,315/mo. Over the year to September 2026, rent in ZIP 60301 changed +5.3%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.