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ZIP Code · IL

ZIP 60301

Part of Oak Park, IL
Pop. 3,475·Cook County·41st most expensive ZIP in Illinois
Median rent (all units)
$2,462/mo
Year-over-Year
+9.8%
Month-over-Month
+1.9%
vs US Median
+$497
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 60301 · $2,462
More expensive than 78% of US ZIP codes · National median $1,965/mo
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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

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Last updated: July 20, 2026

Annual cost
$29,544/yr
At $2,462/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.8% YoY, +1.9% 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
$1,830 → $2,462
up 34.5%
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 $1,830 a month. That figure now sits near $2,462, up 34.5% 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.

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Local insights

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About renting in ZIP 60301

Last updated: July 20, 2026

ZIP code 60301 covers Oak Park, IL. The median rent here is $2,462/mo as of July 2026. A 1-bedroom rents for a median of $2,370/mo. A 2-bedroom rents for a median of $2,670/mo.

At 30% of local median household income ($99,167/yr), ZIP 60301 ranks as moderate compared to the national benchmark of 30%. Rents have increased 9.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60301?

As of July 20, 2026, the median monthly rent in ZIP 60301 (Oak Park, IL) is $2,462. This is based on aggregated data from public sources and community submissions.

How does ZIP 60301 rent compare to the US average?

ZIP 60301's median rent of $2,462/mo is $497 (25%) above the US national median of $1,965/mo.

How does ZIP 60301 compare to other ZIPs in Illinois?

ZIP 60301 is one of the pricier ZIP codes in Illinois, ranking #41 out of 230 ZIPs tracked at $2,462/mo.

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 $98,000/year (~$47/hour full-time) to afford the median rent of $2,462/mo in ZIP 60301. The local median household income is $99,167/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 60301?

Rent in ZIP 60301 has increased 9.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 60301 an affordable place to rent?

ZIP 60301 is considered moderate for renters. At $2,462/mo, rent takes approximately 30% of the local median household income ($99,167/yr). The standard benchmark is 30%. ZIP 60301 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 60301 residents rent vs. own?

According to Census data, approximately 86.8% of ZIP 60301 households are renters, while 13.2% are owner-occupied. With a majority renter population, ZIP 60301 has a strong rental market.

How does ZIP 60301 compare to the rest of Oak Park?

ZIP 60301 is pricier than Oak Park as a whole. At $2,462/mo, it's $302 above the Oak Park citywide median of $2,160/mo.

When was rent data for ZIP 60301 last updated?

Rent data for ZIP 60301 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $2,462/mo, rent takes ~30% of ZIP 60301's median household income ($99,167/yr). The standard benchmark is 30%.

ZIP 60301 30%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60301 (Oak Park, IL)

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