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ZIP Code · IL

ZIP 60402

Part of Berwyn, IL
Pop. 63,721·Cook County·174th most expensive ZIP in Illinois
Median rent (all units)
$1,452/mo
Year-over-Year
+12.8%
Month-over-Month
-3.0%
vs US Median
-$513
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 60402 · $1,452
More affordable than 77% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,210
1 BR
$1,300
2 BR
$1,460
3 BR
$1,880
4 BR+
$2,170
Research median
$1,460/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
$17,424/yr
At $1,452/mo median
Location
CityBerwyn
StateIL
CountyCook County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.8% YoY, -3.0% MoM), not inventory.
Demographics

Who lives here

ZIP 60402 (Berwyn, IL) is majority owner-occupied, 24% of residents hold a bachelor's degree or higher.

Population
63,721
Median income
$77,718
Median age
37.7
Renters
36.1%
Age distribution
22.9%
22.6%
28.7%
14.1%
Under 1822.9%
18–3422.6%
35–5428.7%
55–6411.8%
65+14.1%
Gender
51.6%
48.4%
Male51.6%
Female48.4%
Race & ethnicity
32.1%
64%
White32.1%
Black6.8%
Hispanic64%
Asian3.5%
Education (25+)
15.2%
29.6%
31.2%
24%
No HS diploma15.2%
HS diploma29.6%
Some college31.2%
Bachelor's+24%
Housing tenure
63.9%
36.1%
Owner63.9%
Renter36.1%

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

2021 vs 2026

How ZIP 60402 in Berwyn, IL has changed in 5 years

Rent
$1,028 → $1,452
up 41.2%
Income
$65,076 → $77,718
up 19.4%
Population
65,326 → 63,721
down 2.5%
Renter share
38.5% → 36.1%
-2.4 pts
Bachelor's+
23% → 24%
+1.0 pts
Median age
36.2 → 37.7
+1.5 yrs

Since 2021, the typical rent in ZIP 60402 in Berwyn, IL has climbed from $1,028 to $1,452, a 41.2% change over five years. Local incomes tracked alongside that move, going from a median of $65,076 in 2021 to $77,718 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 2.5% since 2021, moving from about 65,326 residents to roughly 63,721. Renters now make up 36.1% of households, compared with 38.5% five years ago. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 60402 in Berwyn, IL market of 2021.

Community

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Local insights

Tips for renters in ZIP 60402

About renting in ZIP 60402

Last updated: July 20, 2026

ZIP code 60402 covers Berwyn, IL. The median rent here is $1,452/mo as of July 2026. A 1-bedroom rents for a median of $1,300/mo. A 2-bedroom rents for a median of $1,460/mo.

At 22% of local median household income ($77,718/yr), ZIP 60402 ranks as affordable compared to the national benchmark of 30%. Rents have increased 12.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60402?

As of July 20, 2026, the median monthly rent in ZIP 60402 (Berwyn, IL) is $1,452. This is based on aggregated data from public sources and community submissions.

How does ZIP 60402 rent compare to the US average?

ZIP 60402's median rent of $1,452/mo is $513 (26%) below the US national median of $1,965/mo.

How does ZIP 60402 compare to other ZIPs in Illinois?

ZIP 60402 is among the more affordable ZIP codes in Illinois, ranking #174 out of 230 ZIPs at $1,452/mo.

How much income do you need to rent in ZIP 60402?

To keep rent at or below 30% of gross income, you would need to earn at least $58,000/year (~$28/hour full-time) to afford the median rent of $1,452/mo in ZIP 60402. The local median household income is $77,718/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 60402?

Rent in ZIP 60402 has increased 12.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 60402 an affordable place to rent?

ZIP 60402 is considered very affordable for renters. At $1,452/mo, rent takes approximately 22% of the local median household income ($77,718/yr). The standard benchmark is 30%. ZIP 60402 falls comfortably within that range.

What percentage of ZIP 60402 residents rent vs. own?

According to Census data, approximately 36.1% of ZIP 60402 households are renters, while 63.9% are owner-occupied. ZIP 60402 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 60402 compare to the rest of Berwyn?

ZIP 60402 is more affordable than Berwyn overall. At $1,452/mo, it's $20 below the Berwyn citywide median of $1,472/mo.

When was rent data for ZIP 60402 last updated?

Rent data for ZIP 60402 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,452/mo, rent takes ~22% of ZIP 60402's median household income ($77,718/yr). The standard benchmark is 30%.

ZIP 60402 22%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60402 (Berwyn, IL)

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