ZIP Code · IL

ZIP 60435

Part of Joliet, IL

Pop. 48,167·Will County·163rd most expensive ZIP in Illinois

Median rent (all units)

$1,526/mo

Year-over-Year

+6.6%

Month-over-Month

+0.5%

vs US Median

-$406

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 60435 · $1,526

More affordable than 71% 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

$1,350

1 BR

$1,450

2 BR

$1,630

3 BR

$2,100

4 BR+

$2,430

Research median

$1,630/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

Compared with the peak

Rent in ZIP 60435 is at its highest level since Zillow's records here began in December 2021.

Past year vs. the rest of Illinois

Rent in ZIP 60435 changed +6.6% over the year to September 2026. Across the 172 Illinois ZIP codes Zillow tracks, the typical change was +4.7%.

Recent direction

Rent has risen 3 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($76,369) is $1,909 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,630); a 3-bedroom is $2,100.

From Zillow's monthly rent index (ZORI) for ZIP 60435. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$18,312/yr

At $1,526/mo median

Location

CityJoliet

StateIL

CountyWill County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.6% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.6% YoY, +0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 60435 (Joliet, IL) is majority owner-occupied, 24.6% of residents hold a bachelor's degree or higher.

Population

48,167

Median income

$76,369

Median age

37.8

Renters

33.6%

Age distribution

22.7%

23.7%

26.4%

12%

15.1%

Under 1822.7%

18–3423.7%

35–5426.4%

55–6412%

65+15.1%

Gender

50.7%

49.3%

Male50.7%

Female49.3%

Race & ethnicity

51%

15%

35.5%

White51%

Black15%

Hispanic35.5%

Asian1.7%

Education (25+)

14.5%

30.6%

30.3%

24.6%

No HS diploma14.5%

HS diploma30.6%

Some college30.3%

Bachelor's+24.6%

Housing tenure

66.4%

33.6%

Owner66.4%

Renter33.6%

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

2022 vs 2026

How ZIP 60435 in Joliet, IL has changed in 5 years

Rent

$1,115 → $1,526

up 36.9%

Income

$64,508 → $76,369

up 18.4%

Population

48,131 → 48,167

up 0.1%

Renter share

36.9% → 33.6%

-3.3 pts

Bachelor's+

21% → 24.6%

+3.6 pts

Median age

36.9 → 37.8

+0.9 yrs

Five years ago, renters in ZIP 60435 in Joliet, IL paid around $1,115 a month. That figure now sits near $1,526, up 36.9% from the 2022 baseline. Census figures show median household income at $76,369 today, compared with $64,508 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. The renter share has eased from 36.9% to 33.6%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 21% to 24.6% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

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Local insights

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About renting in ZIP 60435

Last updated: October 17, 2026

ZIP code 60435 covers Joliet, IL. The median rent here is $1,526/mo as of October 2026. A 1-bedroom rents for a median of $1,450/mo. A 2-bedroom rents for a median of $1,630/mo.

At 24% of local median household income ($76,369/yr), ZIP 60435 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 60435?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (about $29/hour full-time) to afford the median rent of $1,526/mo in ZIP 60435. The local median household income is $76,369/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 60435?

Rent in ZIP 60435 has risen 6.6% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2021.

How does ZIP 60435 compare to other ZIPs in Illinois?

ZIP 60435 is one of the more affordable among Illinois ZIP codes for rent, ranking #163 of 227 at $1,526/mo. Over the year to September 2026, rent in ZIP 60435 changed +6.6%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.