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ZIP Code · IL

ZIP 60462

Pop. 41,456·Cook County·22nd most expensive ZIP in Illinois
Median rent (all units)
$2,644/mo
Year-over-Year
+40.9%
Month-over-Month
+5.0%
vs US Median
+$679
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 60462 · $2,644
More expensive than 83% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,490
1 BR
$1,590
2 BR
$1,790
3 BR
$2,310
4 BR+
$2,670
Research median
$1,790/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
$31,728/yr
At $2,644/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 40.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+40.9% YoY, +5.0% MoM), not inventory.
Demographics

Who lives here

ZIP 60462 (Orland Park, IL) is majority owner-occupied, has a large retiree population, has a median income above the national average, 44.9% of residents hold a bachelor's degree or higher.

Population
41,456
Median income
$96,526
Median age
42.9
Renters
17.1%
Age distribution
22.8%
16.6%
23.5%
14.2%
22.8%
Under 1822.8%
18–3416.6%
35–5423.5%
55–6414.2%
65+22.8%
Gender
50.8%
49.2%
Male50.8%
Female49.2%
Race & ethnicity
79%
14%
White79%
Black3.2%
Hispanic14%
Asian6.3%
Education (25+)
20.9%
27.5%
44.9%
No HS diploma6.8%
HS diploma20.9%
Some college27.5%
Bachelor's+44.9%
Housing tenure
82.9%
17.1%
Owner82.9%
Renter17.1%

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

2021 vs 2026

How ZIP 60462 in Orland Park, IL has changed in 5 years

Income
$86,621 → $96,526
up 11.4%
Population
40,950 → 41,456
up 1.2%
Renter share
17.6% → 17.1%
-0.5 pts
Bachelor's+
42% → 44.9%
+2.9 pts
Median age
43.4 → 42.9
-0.5 yrs

On the earnings side, the typical household in ZIP 60462 in Orland Park, IL now reports about $96,526, up from $86,621 in 2021. The population has grown by 1.2% since 2021, moving from about 40,950 residents to roughly 41,456. College-educated residents now make up 44.9% of adults here, versus 42% in 2021.

Community

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Local insights

Tips for renters in ZIP 60462

About renting in ZIP 60462

Last updated: July 20, 2026

ZIP code 60462 covers Orland Park, IL. The median rent here is $2,644/mo as of July 2026. A 1-bedroom rents for a median of $1,590/mo. A 2-bedroom rents for a median of $1,790/mo.

At 33% of local median household income ($96,526/yr), ZIP 60462 ranks as moderate compared to the national benchmark of 30%. Rents have increased 40.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 60462?

As of July 20, 2026, the median monthly rent in ZIP 60462 (Orland Park, IL) is $2,644. This is based on aggregated data from public sources and community submissions.

How does ZIP 60462 rent compare to the US average?

ZIP 60462's median rent of $2,644/mo is $679 (35%) above the US national median of $1,965/mo.

How does ZIP 60462 compare to other ZIPs in Illinois?

ZIP 60462 is one of the pricier ZIP codes in Illinois, ranking #22 out of 230 ZIPs tracked at $2,644/mo.

How much income do you need to rent in ZIP 60462?

To keep rent at or below 30% of gross income, you would need to earn at least $106,000/year (~$51/hour full-time) to afford the median rent of $2,644/mo in ZIP 60462. The local median household income is $96,526/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 60462?

Rent in ZIP 60462 has increased 40.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 60462 an affordable place to rent?

ZIP 60462 is considered moderate for renters. At $2,644/mo, rent takes approximately 33% of the local median household income ($96,526/yr). The standard benchmark is 30%. ZIP 60462 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 60462 residents rent vs. own?

According to Census data, approximately 17.1% of ZIP 60462 households are renters, while 82.9% are owner-occupied. ZIP 60462 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 60462 compare to the rest of Orland Park?

ZIP 60462 is more affordable than Orland Park overall. At $2,644/mo, it's $374 below the Orland Park citywide median of $3,018/mo.

When was rent data for ZIP 60462 last updated?

Rent data for ZIP 60462 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
33%
MODERATE

At $2,644/mo, rent takes ~33% of ZIP 60462's median household income ($96,526/yr). The standard benchmark is 30%.

ZIP 60462 33%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60462 (Orland Park, IL)

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