ZIP Code · IL

ZIP 60462

Pop. 41,456·Cook County·65th most expensive ZIP in Illinois
Median rent (all units)
$2,188/mo
Year-over-Year
+7.2%
Month-over-Month
+1.3%
vs US Median
+$256
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 60462 · $2,188
More expensive than 70% of US ZIP codes · National median $1,932/mo
Rent check

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Compare your rent to the local median.

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: September 25, 2026

From the history

What the numbers show

Past year vs. the rest of Illinois

Rent in ZIP 60462 changed +7.1% over the year to August 2026. Across the 172 Illinois ZIP codes Zillow tracks, the typical change was +4.9%.

Recent direction

Rent has risen 5 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($96,526) is $2,413 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,310); a 4-bedroom is $2,670.

Cheaper nearby

ZIP 60482, 5 miles away, rents for 31% less ($1,515/mo), about $8,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60462. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$26,256/yr
At $2,188/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.2% YoY, +1.3% 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: September 25, 2026

ZIP code 60462 covers Orland Park, IL. The median rent here is $2,188/mo as of September 2026. A 1-bedroom rents for a median of $1,590/mo. A 2-bedroom rents for a median of $1,790/mo.

At 27% of local median household income ($96,526/yr), ZIP 60462 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.2% over the past year.

FAQ

Frequently asked questions

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 $88,000/year (about $42/hour full-time) to afford the median rent of $2,188/mo in ZIP 60462. The local median household income is $96,526/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 60462?

Rent in ZIP 60462 has risen 7.2% over the past year.

How does ZIP 60462 compare to other ZIPs in Illinois?

ZIP 60462 is one of the pricier among Illinois ZIP codes for rent, ranking #65 of 226 at $2,188/mo. Over the year to August 2026, rent in ZIP 60462 changed +7.1%, against a typical +4.9% across the 172 Illinois ZIP codes Zillow tracks.

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

At $2,188/mo, ZIP 60462 is $525 below the Orland Park citywide median of $2,713/mo.
Income Affordability
27%
AFFORDABLE

At $2,188/mo, rent takes ~27% of ZIP 60462's median household income ($96,526/yr). The standard benchmark is 30%.

ZIP 60462 27%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60462 (Orland Park, IL)

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