ZIP Code · IL

ZIP 60453

Part of Oak Lawn, IL
Pop. 56,861·Cook County·136th most expensive ZIP in Illinois
Median rent (all units)
$1,717/mo
Year-over-Year
+3.8%
Month-over-Month
+0.4%
vs US Median
-$215
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 60453 · $1,717
More affordable than 57% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,360
1 BR
$1,460
2 BR
$1,640
3 BR
$2,110
4 BR+
$2,440
Research median
$1,640/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 60453 is at its highest level since Zillow's records here began in October 2022.

Past year vs. the rest of Illinois

Rent in ZIP 60453 changed +3.8% 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 ($83,911) is $2,098 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,640); a 3-bedroom is $2,110.

Cheaper nearby

ZIP 60415, 2 miles away, rents for 10% less ($1,544/mo), about $2,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60453. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$20,604/yr
At $1,717/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.8% YoY, +0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 60453 (Oak Lawn, IL) is majority owner-occupied, 31.6% of residents hold a bachelor's degree or higher.

Population
56,861
Median income
$83,911
Median age
40.3
Renters
17.5%
Age distribution
23.3%
20%
23.2%
14.7%
18.7%
Under 1823.3%
18–3420%
35–5423.2%
55–6414.7%
65+18.7%
Gender
48.9%
51.1%
Male48.9%
Female51.1%
Race & ethnicity
68.2%
24%
White68.2%
Black8.9%
Hispanic24%
Asian1.7%
Education (25+)
29.1%
29.6%
31.6%
No HS diploma9.7%
HS diploma29.1%
Some college29.6%
Bachelor's+31.6%
Housing tenure
82.5%
17.5%
Owner82.5%
Renter17.5%

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

2023 vs 2026

How ZIP 60453 in Oak Lawn, IL has changed in 5 years

Rent
$1,447 → $1,717
up 18.7%
Income
$70,787 → $83,911
up 18.5%
Population
58,032 → 56,861
down 2.0%
Renter share
18.6% → 17.5%
-1.1 pts
Bachelor's+
32.1% → 31.6%
-0.5 pts
Median age
41.3 → 40.3
-1.0 yrs

Five years ago, renters in ZIP 60453 in Oak Lawn, IL paid around $1,447 a month. That figure now sits near $1,717, up 18.7% from the 2023 baseline. On the earnings side, the typical household in ZIP 60453 in Oak Lawn, IL now reports about $83,911, up from $70,787 in 2021. Census counts show ZIP 60453 in Oak Lawn, IL losing about 1,171 residents over the five-year window, down 2.0% on net. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 60453 in Oak Lawn, IL reflects that arc in its own way.

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Local insights

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About renting in ZIP 60453

Last updated: October 17, 2026

ZIP code 60453 covers Oak Lawn, IL. The median rent here is $1,717/mo as of October 2026. A 1-bedroom rents for a median of $1,460/mo. A 2-bedroom rents for a median of $1,640/mo.

At 25% of local median household income ($83,911/yr), ZIP 60453 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 60453?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (about $33/hour full-time) to afford the median rent of $1,717/mo in ZIP 60453. The local median household income is $83,911/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 60453?

Rent in ZIP 60453 has risen 3.8% over the past year as of September 2026. That is the highest level since Zillow's records here began in October 2022.

How does ZIP 60453 compare to other ZIPs in Illinois?

ZIP 60453 is in the middle among Illinois ZIP codes for rent, ranking #136 of 227 at $1,717/mo. Over the year to September 2026, rent in ZIP 60453 changed +3.8%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.

How does ZIP 60453 compare to the rest of Oak Lawn?

ZIP 60453 sits right at the Oak Lawn citywide median of $1,717/mo.
Income Affordability
25%
AFFORDABLE

At $1,717/mo, rent takes ~25% of ZIP 60453's median household income ($83,911/yr). The standard benchmark is 30%.

ZIP 60453 25%Benchmark 30%
State income tax4.95%
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Public schools near ZIP 60453 (Oak Lawn, IL)

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