ZIP Code · IL

ZIP 60304

Part of Oak Park, IL

Pop. 16,955·Cook County·158th most expensive ZIP in Illinois

Median rent (all units)

$1,539/mo

Year-over-Year

Stable

Month-over-Month

+0.5%

vs US Median

-$393

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 60304 · $1,539

More affordable than 70% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,350

1 BR

$1,450

2 BR

$1,630

3 BR

$2,100

4 BR+

$2,430

Research median

$1,630/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

What a typical income covers

30% of the median household income ($136,178) is $3,404 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,430).

Rank in Oak Park

1st cheapest of 3 ZIP codes in Oak Park.

Cheaper nearby

ZIP 60644, 2 miles away, rents for 15% less ($1,312/mo), about $2,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60304. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$18,468/yr

At $1,539/mo median

Location

CityOak Park

StateIL

CountyCook County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+0.0% YoY, +0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 60304 (Oak Park, IL) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 73.7% of residents hold a bachelor's degree or higher.

Population

16,955

Median income

$136,178

Median age

39.2

Renters

28.4%

Age distribution

26.8%

18.4%

27.8%

15.2%

Under 1826.8%

18–3418.4%

35–5427.8%

55–6411.9%

65+15.2%

Gender

49.3%

50.7%

Male49.3%

Female50.7%

Race & ethnicity

61.7%

15.2%

White61.7%

Black15.2%

Hispanic10.5%

Asian6.9%

Other5.8%

Education (25+)

17%

73.7%

No HS diploma2.5%

HS diploma6.8%

Some college17%

Bachelor's+73.7%

Housing tenure

71.6%

28.4%

Owner71.6%

Renter28.4%

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

2021 vs 2026

How ZIP 60304 in Oak Park, IL has changed in 5 years

Income

$127,195 → $136,178

up 7.1%

Population

18,171 → 16,955

down 6.7%

Renter share

26.8% → 28.4%

+1.6 pts

Bachelor's+

72.5% → 73.7%

+1.2 pts

Median age

38.1 → 39.2

+1.1 yrs

Census figures show median household income at $136,178 today, compared with $127,195 five years earlier. Headcount in the area went from 18,171 to 16,955 between 2021 and 2024, a 6.7% change. About 28.4% of households rent today, against 26.8% in 2021.

Community

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Local insights

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About renting in ZIP 60304

Last updated: October 17, 2026

ZIP code 60304 covers Oak Park, IL. The median rent here is $1,539/mo as of October 2026. A 1-bedroom rents for a median of $1,450/mo. A 2-bedroom rents for a median of $1,630/mo.

At 14% of local median household income ($136,178/yr), ZIP 60304 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 60304?

To keep rent at or below 30% of gross income, you would need to earn at least $62,000/year (about $30/hour full-time) to afford the median rent of $1,539/mo in ZIP 60304. The local median household income is $136,178/yr, so the typical household meets that bar.