ZIP Code · IL

ZIP 60415

Part of Chicago Ridge, IL

Pop. 14,099·Cook County·156th most expensive ZIP in Illinois

Median rent (all units)

$1,544/mo

Year-over-Year

Stable

Month-over-Month

+1.9%

vs US Median

-$388

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 60415 · $1,544

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

$1,240

1 BR

$1,320

2 BR

$1,490

3 BR

$1,920

4 BR+

$2,220

Research median

$1,490/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 ($68,964) is $1,724 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,490); a 3-bedroom is $1,920.

Cheaper nearby

ZIP 60620, 7 miles away, rents for 15% less ($1,305/mo), about $2,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60415. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$18,528/yr

At $1,544/mo median

Location

CityChicago Ridge

StateIL

CountyCook County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+0.0% YoY, +1.9% MoM), not inventory.

Demographics

Who lives here

ZIP 60415 (Chicago Ridge, IL) is roughly split between renters and owners, 28.6% of residents hold a bachelor's degree or higher.

Population

14,099

Median income

$68,964

Median age

Renters

49.9%

Age distribution

24.6%

27.2%

21.7%

13.7%

12.9%

Under 1824.6%

18–3427.2%

35–5421.7%

55–6413.7%

65+12.9%

Gender

49.6%

50.4%

Male49.6%

Female50.4%

Race & ethnicity

60.7%

21%

White60.7%

Black9.5%

Hispanic21%

Asian3.1%

Other5.6%

Education (25+)

27.3%

33.1%

28.6%

No HS diploma10.9%

HS diploma27.3%

Some college33.1%

Bachelor's+28.6%

Housing tenure

50.1%

49.9%

Owner50.1%

Renter49.9%

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

2021 vs 2026

How ZIP 60415 in Chicago Ridge, IL has changed in 5 years

Income

$56,494 → $68,964

up 22.1%

Population

14,413 → 14,099

down 2.2%

Renter share

43.7% → 49.9%

+6.2 pts

Bachelor's+

27.3% → 28.6%

+1.3 pts

Median age

35.7 → 34

-1.7 yrs

Household income in the area moved from $56,494 to $68,964 across the same window, up 22.1% versus 2021. Headcount in the area went from 14,413 to 14,099 between 2021 and 2024, a 2.2% change. About 49.9% of households rent today, against 43.7% in 2021.

Community

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Local insights

Tips for renters in ZIP 60415

About renting in ZIP 60415

Last updated: October 17, 2026

ZIP code 60415 covers Chicago Ridge, IL. The median rent here is $1,544/mo as of October 2026. A 1-bedroom rents for a median of $1,320/mo. A 2-bedroom rents for a median of $1,490/mo.

At 27% of local median household income ($68,964/yr), ZIP 60415 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 60415?

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 $1,544/mo in ZIP 60415. The local median household income is $68,964/yr, so the typical household meets that bar.