ZIP Code · IL

ZIP 60304

Part of Oak Park, IL
Pop. 16,955·Cook County·151st most expensive ZIP in Illinois
Median rent (all units)
$1,582/mo
Year-over-Year
Stable
Month-over-Month
+3.5%
vs US Median
-$383
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 60304 · $1,582
More affordable than 68% of US ZIP codes · National median $1,965/mo
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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: July 20, 2026

Annual cost
$18,984/yr
At $1,582/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +3.5% 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: July 20, 2026

ZIP code 60304 covers Oak Park, IL. The median rent here is $1,582/mo as of July 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 is rent in ZIP code 60304?

As of July 20, 2026, the median monthly rent in ZIP 60304 (Oak Park, IL) is $1,582. This is based on aggregated data from public sources and community submissions.

How does ZIP 60304 rent compare to the US average?

ZIP 60304's median rent of $1,582/mo is $383 (19%) below the US national median of $1,965/mo.

How does ZIP 60304 compare to other ZIPs in Illinois?

ZIP 60304 falls in the middle range for Illinois, ranking #151 out of 230 ZIPs at $1,582/mo.

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 $63,000/year (~$30/hour full-time) to afford the median rent of $1,582/mo in ZIP 60304. The local median household income is $136,178/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 60304?

Rent in ZIP 60304 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 60304 an affordable place to rent?

ZIP 60304 is considered very affordable for renters. At $1,582/mo, rent takes approximately 14% of the local median household income ($136,178/yr). The standard benchmark is 30%. ZIP 60304 falls comfortably within that range.

What percentage of ZIP 60304 residents rent vs. own?

According to Census data, approximately 28.4% of ZIP 60304 households are renters, while 71.6% are owner-occupied. ZIP 60304 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 60304 compare to the rest of Oak Park?

ZIP 60304 is more affordable than Oak Park overall. At $1,582/mo, it's $578 below the Oak Park citywide median of $2,160/mo.

When was rent data for ZIP 60304 last updated?

Rent data for ZIP 60304 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
14%
VERY AFFORDABLE

At $1,582/mo, rent takes ~14% of ZIP 60304's median household income ($136,178/yr). The standard benchmark is 30%.

ZIP 60304 14%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60304 (Oak Park, IL)

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