ZIP Code · IL

ZIP 60440

Part of Bolingbrook, IL

Pop. 51,940·Will County·21st most expensive ZIP in Illinois

Median rent (all units)

$2,673/mo

Year-over-Year

+4.2%

Month-over-Month

-0.5%

vs US Median

+$741

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 60440 · $2,673

More expensive than 84% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,710

1 BR

$1,830

2 BR

$2,060

3 BR

$2,650

4 BR+

$3,070

Research median

$2,060/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

Cheapest month to sign

February. Asking rents in ZIP 60440 usually run 1.3% below trend in February and 1.8% above it in August, about $83 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 60440 is 0.4% below its high of $2,685 in August 2026, at $2,673 as of September 2026.

Past year vs. the rest of Illinois

Rent in ZIP 60440 changed +4.2% over the year to September 2026. Across the 172 Illinois ZIP codes Zillow tracks, the typical change was +4.7%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($93,494) is $2,337 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,060); a 3-bedroom is $2,650.

Cheaper nearby

ZIP 60517, 3 miles away, rents for 39% less ($1,636/mo), about $12,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60440. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$32,076/yr

At $2,673/mo median

Location

CityBolingbrook

StateIL

CountyWill County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (4.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+4.2% YoY, -0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 60440 (Bolingbrook, IL) is majority owner-occupied, has a median income above the national average, 31.5% of residents hold a bachelor's degree or higher.

Population

51,940

Median income

$93,494

Median age

37.1

Renters

25%

Age distribution

24%

23%

27.7%

13.8%

Under 1824%

18–3423%

35–5427.7%

55–6411.5%

65+13.8%

Gender

49.5%

50.5%

Male49.5%

Female50.5%

Race & ethnicity

38.6%

18%

34.7%

White38.6%

Black18%

Hispanic34.7%

Asian10.7%

Education (25+)

12.5%

25.5%

30.5%

31.5%

No HS diploma12.5%

HS diploma25.5%

Some college30.5%

Bachelor's+31.5%

Housing tenure

75%

25%

Owner75%

Renter25%

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

2021 vs 2026

How ZIP 60440 in Bolingbrook, IL has changed in 5 years

Rent

$1,779 → $2,673

up 50.3%

Income

$83,292 → $93,494

up 12.2%

Population

51,310 → 51,940

up 1.2%

Renter share

25.3% → 25%

-0.3 pts

Bachelor's+

31.4% → 31.5%

+0.1 pts

Median age

37.7 → 37.1

-0.6 yrs

The median rent in ZIP 60440 in Bolingbrook, IL stood at $1,779 in 2021 and currently runs about $2,673, reflecting a 50.3% increase over the period. Median household income rose from $83,292 to $93,494 between 2021 and 2024, a 12.2% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.2% since 2021, moving from about 51,310 residents to roughly 51,940. Taken together, the five-year picture in ZIP 60440 in Bolingbrook, IL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 60440

Last updated: October 17, 2026

ZIP code 60440 covers Bolingbrook, IL. The median rent here is $2,673/mo as of October 2026. A 1-bedroom rents for a median of $1,830/mo. A 2-bedroom rents for a median of $2,060/mo.

At 34% of local median household income ($93,494/yr), ZIP 60440 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 60440?

To keep rent at or below 30% of gross income, you would need to earn at least $107,000/year (about $51/hour full-time) to afford the median rent of $2,673/mo in ZIP 60440. The local median household income is $93,494/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 60440?

Rent in ZIP 60440 has risen 4.2% over the past year as of September 2026. It sits 0.4% below its high of $2,685 in August 2026.

When is the cheapest time to rent in ZIP 60440?

Asking rents in ZIP 60440 are usually lowest in February, about 1.3% below their yearly trend, and highest in August, about 1.8% above it. At today's median that is a gap of roughly $83 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 60440 compare to other ZIPs in Illinois?

ZIP 60440 is one of the pricier among Illinois ZIP codes for rent, ranking #21 of 227 at $2,673/mo. Over the year to September 2026, rent in ZIP 60440 changed +4.2%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.