ZIP Code · IL

ZIP 60302

Part of Oak Park, IL
Pop. 32,862·Cook County·100th most expensive ZIP in Illinois
Median rent (all units)
$1,952/mo
Year-over-Year
+5.3%
Month-over-Month
+0.6%
vs US Median
+$20
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 60302 · $1,952
More expensive than 59% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,490
1 BR
$1,590
2 BR
$1,790
3 BR
$2,310
4 BR+
$2,670
Research median
$1,790/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

December. Asking rents in ZIP 60302 usually run 1% below trend in December and 1.1% above it in May, about $41 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 60302 is at its highest level since Zillow's records here began in April 2016.

Past year vs. the rest of Illinois

Rent in ZIP 60302 changed +5.3% 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 60302 rose 22.9% while median household income rose 12.5% ($89,533 to $100,680). Rent outpaced income.

Since before the pandemic

Rent in ZIP 60302 is 35.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($100,680) is $2,517 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,310); a 4-bedroom is $2,670.

Rank in Oak Park

2nd cheapest of 3 ZIP codes in Oak Park.

Cheaper nearby

ZIP 60304, 2 miles away, rents for 21% less ($1,539/mo), about $5,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60302. 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
$23,424/yr
At $1,952/mo median
Location
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, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 60302 (Oak Park, IL) is majority owner-occupied, has a median income above the national average, 71.9% of residents hold a bachelor's degree or higher.

Population
32,862
Median income
$100,680
Median age
41.9
Renters
38.4%
Age distribution
23.4%
15%
30.1%
19.7%
Under 1823.4%
18–3415%
35–5430.1%
55–6411.7%
65+19.7%
Gender
46.7%
53.3%
Male46.7%
Female53.3%
Race & ethnicity
64.4%
19.4%
White64.4%
Black19.4%
Hispanic8.9%
Asian4.2%
Other3%
Education (25+)
15.5%
71.9%
No HS diploma2.6%
HS diploma10%
Some college15.5%
Bachelor's+71.9%
Housing tenure
61.6%
38.4%
Owner61.6%
Renter38.4%

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

2021 vs 2026

How ZIP 60302 in Oak Park, IL has changed in 5 years

Rent
$1,465 → $1,952
up 33.2%
Income
$91,020 → $100,680
up 10.6%
Population
33,039 → 32,862
down 0.5%
Renter share
40.9% → 38.4%
-2.5 pts
Bachelor's+
71% → 71.9%
+0.9 pts

Rent in ZIP 60302 in Oak Park, IL has increased 33.2% since 2021, going from about $1,465 per month to roughly $1,952 today. Household income in the area moved from $91,020 to $100,680 across the same window, up 10.6% versus 2021. Rent outpaced income growth by roughly 22.6 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. About 38.4% of households rent today, against 40.9% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 60302 in Oak Park, IL look reasonable against where the market sat half a decade ago.

Community

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About renting in ZIP 60302

Last updated: October 17, 2026

ZIP code 60302 covers Oak Park, IL. The median rent here is $1,952/mo as of October 2026. A 1-bedroom rents for a median of $1,590/mo. A 2-bedroom rents for a median of $1,790/mo.

At 23% of local median household income ($100,680/yr), ZIP 60302 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 60302?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (about $38/hour full-time) to afford the median rent of $1,952/mo in ZIP 60302. The local median household income is $100,680/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 60302?

Rent in ZIP 60302 has risen 5.3% over the past year as of September 2026. That is the highest level since Zillow's records here began in April 2016.

When is the cheapest time to rent in ZIP 60302?

Asking rents in ZIP 60302 are usually lowest in December, about 1% below their yearly trend, and highest in May, about 1.1% above it. At today's median that is a gap of roughly $41 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 60302?

Yes. From 2019 to 2024, rent in ZIP 60302 rose 22.9% while median household income rose 12.5%, from $89,533 to $100,680. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 60302 compare to other ZIPs in Illinois?

ZIP 60302 is in the middle among Illinois ZIP codes for rent, ranking #100 of 227 at $1,952/mo. Over the year to September 2026, rent in ZIP 60302 changed +5.3%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.

How does ZIP 60302 compare to the rest of Oak Park?

At $1,952/mo, ZIP 60302 is $92 below the Oak Park citywide median of $2,044/mo. It is the 2nd cheapest of 3 ZIP codes in Oak Park.
Income Affordability
23%
VERY AFFORDABLE

At $1,952/mo, rent takes ~23% of ZIP 60302's median household income ($100,680/yr). The standard benchmark is 30%.

ZIP 60302 23%Benchmark 30%
State income tax4.95%
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