ZIP Code · IL

ZIP 60429

Part of Hazel Crest, IL

Pop. 14,864·Cook County·23rd most expensive ZIP in Illinois

Median rent (all units)

$2,613/mo

Year-over-Year

Stable

Month-over-Month

+3.0%

vs US Median

+$681

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 60429 · $2,613

More expensive than 83% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,510

1 BR

$1,620

2 BR

$1,820

3 BR

$2,340

4 BR+

$2,710

Research median

$1,820/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 ($66,988) is $1,675 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,620); a 2-bedroom is $1,820.

Cheaper nearby

ZIP 60430, 1 mile away, rents for 25% less ($1,969/mo), about $7,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60429. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$31,356/yr

At $2,613/mo median

Location

CityHazel Crest

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, +3.0% MoM), not inventory.

Demographics

Who lives here

ZIP 60429 (Hazel Crest, IL) is majority owner-occupied, has a large retiree population, 22.5% of residents hold a bachelor's degree or higher.

Population

14,864

Median income

$66,988

Median age

38.1

Renters

26%

Age distribution

27.1%

20.9%

23.3%

20.2%

Under 1827.1%

18–3420.9%

35–5423.3%

55–648.4%

65+20.2%

Gender

44.6%

55.4%

Male44.6%

Female55.4%

Race & ethnicity

82.4%

White9%

Black82.4%

Hispanic6.8%

Other1.5%

Education (25+)

30.2%

37.6%

22.5%

No HS diploma9.6%

HS diploma30.2%

Some college37.6%

Bachelor's+22.5%

Housing tenure

74%

26%

Owner74%

Renter26%

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

2021 vs 2026

How ZIP 60429 in Hazel Crest, IL has changed in 5 years

Income

$53,575 → $66,988

up 25.0%

Population

15,018 → 14,864

down 1.0%

Renter share

36.9% → 26%

-10.9 pts

Bachelor's+

26.5% → 22.5%

-4.0 pts

Median age

34 → 38.1

+4.1 yrs

Median household income climbed from $53,575 to $66,988 between 2021 and 2024, a 25.0% shift. Census counts show ZIP 60429 in Hazel Crest, IL losing about 154 residents over the five-year window, down 1.0% on net. The renter share has eased from 36.9% to 26%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 26.5% to 22.5% across the same window.

Community

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Local insights

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About renting in ZIP 60429

Last updated: October 17, 2026

ZIP code 60429 covers Hazel Crest, IL. The median rent here is $2,613/mo as of October 2026. A 1-bedroom rents for a median of $1,620/mo. A 2-bedroom rents for a median of $1,820/mo.

At 47% of local median household income ($66,988/yr), ZIP 60429 ranks as moderate 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 60429?

To keep rent at or below 30% of gross income, you would need to earn at least $105,000/year (about $50/hour full-time) to afford the median rent of $2,613/mo in ZIP 60429. The local median household income is $66,988/yr, so the typical household falls short of that bar.