ZIP Code · IL

ZIP 60466

Part of Park Forest, IL

Pop. 21,461·Cook County·113th most expensive ZIP in Illinois

Median rent (all units)

$1,857/mo

Year-over-Year

Stable

Month-over-Month

Stable

vs US Median

-$75

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 60466 · $1,857

More expensive than 53% 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

$1,500

1 BR

$1,610

2 BR

$1,810

3 BR

$2,330

4 BR+

$2,700

Research median

$1,810/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

What a typical income covers

30% of the median household income ($61,654) is $1,541 a month. That covers HUD's Fair Market Rent for up to a studio ($1,500); a 1-bedroom is $1,610.

Cheaper nearby

ZIP 60471, 3 miles away, rents for 11% less ($1,651/mo), about $2,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 60466. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$22,284/yr

At $1,857/mo median

Location

CityPark Forest

StateIL

CountyCook County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+0.0% YoY, +0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 60466 (Park Forest, IL) is majority owner-occupied, has a median income below the national average, 24.8% of residents hold a bachelor's degree or higher.

Population

21,461

Median income

$61,654

Median age

37.1

Renters

33.7%

Age distribution

22.8%

24.7%

25.4%

15.7%

Under 1822.8%

18–3424.7%

35–5425.4%

55–6411.4%

65+15.7%

Gender

45.2%

54.8%

Male45.2%

Female54.8%

Race & ethnicity

21.1%

67.8%

White21.1%

Black67.8%

Hispanic9.5%

Other1.2%

Education (25+)

25.8%

40.9%

24.8%

No HS diploma8.5%

HS diploma25.8%

Some college40.9%

Bachelor's+24.8%

Housing tenure

66.3%

33.7%

Owner66.3%

Renter33.7%

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

2021 vs 2026

How ZIP 60466 in Park Forest, IL has changed in 5 years

Income

$58,940 → $61,654

up 4.6%

Population

21,549 → 21,461

down 0.4%

Renter share

41.9% → 33.7%

-8.2 pts

Bachelor's+

27.6% → 24.8%

-2.8 pts

Household income in the area moved from $58,940 to $61,654 across the same window, up 4.6% versus 2021. About 33.7% of households rent today, against 41.9% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 27.6% to 24.8%.

Community

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Local insights

Tips for renters in ZIP 60466

About renting in ZIP 60466

Last updated: October 17, 2026

ZIP code 60466 covers Park Forest, IL. The median rent here is $1,857/mo as of October 2026. A 1-bedroom rents for a median of $1,610/mo. A 2-bedroom rents for a median of $1,810/mo.

At 36% of local median household income ($61,654/yr), ZIP 60466 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 60466?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (about $36/hour full-time) to afford the median rent of $1,857/mo in ZIP 60466. The local median household income is $61,654/yr, so the typical household falls short of that bar.