ZIP Code · IL

ZIP 60430

Part of Homewood, IL
Pop. 19,838·Cook County·33rd most expensive ZIP in Illinois
Median rent (all units)
$2,524/mo
Year-over-Year
Stable
Month-over-Month
-4.7%
vs US Median
+$559
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 60430 · $2,524
More expensive than 80% of US ZIP codes · National median $1,965/mo
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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: July 20, 2026

Annual cost
$30,288/yr
At $2,524/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -4.7% 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: July 20, 2026

ZIP code 60430 covers Homewood, IL. The median rent here is $2,524/mo as of July 2026. A 1-bedroom rents for a median of $1,550/mo. A 2-bedroom rents for a median of $1,750/mo.

At 31% of local median household income ($96,629/yr), ZIP 60430 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 is rent in ZIP code 60430?

As of July 20, 2026, the median monthly rent in ZIP 60430 (Homewood, IL) is $2,524. This is based on aggregated data from public sources and community submissions.

How does ZIP 60430 rent compare to the US average?

ZIP 60430's median rent of $2,524/mo is $559 (28%) above the US national median of $1,965/mo.

How does ZIP 60430 compare to other ZIPs in Illinois?

ZIP 60430 is one of the pricier ZIP codes in Illinois, ranking #33 out of 230 ZIPs tracked at $2,524/mo.

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 $101,000/year (~$49/hour full-time) to afford the median rent of $2,524/mo in ZIP 60430. The local median household income is $96,629/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 60430?

Rent in ZIP 60430 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 60430 an affordable place to rent?

ZIP 60430 is considered moderate for renters. At $2,524/mo, rent takes approximately 31% of the local median household income ($96,629/yr). The standard benchmark is 30%. ZIP 60430 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 60430 residents rent vs. own?

According to Census data, approximately 18.7% of ZIP 60430 households are renters, while 81.3% are owner-occupied. ZIP 60430 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 60430 compare to the rest of Homewood?

ZIP 60430 sits right at the Homewood citywide median of $2,524/mo.

When was rent data for ZIP 60430 last updated?

Rent data for ZIP 60430 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
31%
MODERATE

At $2,524/mo, rent takes ~31% of ZIP 60430's median household income ($96,629/yr). The standard benchmark is 30%.

ZIP 60430 31%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60430 (Homewood, IL)

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