ZIP Code · IL

ZIP 60430

Part of Homewood, IL

Pop. 19,838·Cook County·95th most expensive ZIP in Illinois

Median rent (all units)

$1,969/mo

Year-over-Year

Stable

Month-over-Month

+4.1%

vs US Median

+$37

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 60430 · $1,969

More expensive than 60% of US ZIP codes · National median $1,932/mo

Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,450

1 BR

$1,550

2 BR

$1,750

3 BR

$2,250

4 BR+

$2,610

Research median

$1,750/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 ($96,629) is $2,416 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,250); a 4-bedroom is $2,610.

Cheaper nearby

ZIP 60411, 5 miles away, rents for 14% less ($1,694/mo), about $3,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60430. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$23,628/yr

At $1,969/mo median

Location

CityHomewood

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, +4.1% MoM), not inventory.

Demographics

Who lives here

ZIP 60430 (Homewood, IL) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 46.9% of residents hold a bachelor's degree or higher.

Population

19,838

Median income

$96,629

Median age

40.1

Renters

18.7%

Age distribution

26.9%

15.5%

25.1%

13.5%

19%

Under 1826.9%

18–3415.5%

35–5425.1%

55–6413.5%

65+19%

Gender

50.9%

49.1%

Male50.9%

Female49.1%

Race & ethnicity

44.7%

43.7%

White44.7%

Black43.7%

Hispanic7.4%

Asian1.4%

Other2.9%

Education (25+)

19.5%

29.3%

46.9%

No HS diploma4.3%

HS diploma19.5%

Some college29.3%

Bachelor's+46.9%

Housing tenure

81.3%

18.7%

Owner81.3%

Renter18.7%

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

2021 vs 2026

How ZIP 60430 in Homewood, IL has changed in 5 years

Income

$81,500 → $96,629

up 18.6%

Population

20,351 → 19,838

down 2.5%

Renter share

21.1% → 18.7%

-2.4 pts

Bachelor's+

43.2% → 46.9%

+3.7 pts

Median age

39.5 → 40.1

+0.6 yrs

Local incomes tracked alongside that move, going from a median of $81,500 in 2021 to $96,629 more recently. Headcount in the area went from 20,351 to 19,838 between 2021 and 2024, a 2.5% change. About 18.7% of households rent today, against 21.1% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 43.2% to 46.9%.

Community

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Local insights

Tips for renters in ZIP 60430

About renting in ZIP 60430

Last updated: October 17, 2026

ZIP code 60430 covers Homewood, IL. The median rent here is $1,969/mo as of October 2026. A 1-bedroom rents for a median of $1,550/mo. A 2-bedroom rents for a median of $1,750/mo.

At 24% of local median household income ($96,629/yr), ZIP 60430 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 60430?

To keep rent at or below 30% of gross income, you would need to earn at least $79,000/year (about $38/hour full-time) to afford the median rent of $1,969/mo in ZIP 60430. The local median household income is $96,629/yr, so the typical household meets that bar.