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ZIP Code · IL

ZIP 60466

Pop. 21,461·Cook County·101st most expensive ZIP in Illinois
Median rent (all units)
$1,981/mo
Year-over-Year
Stable
Month-over-Month
-3.4%
vs US Median
+$16
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 60466 · $1,981
More expensive than 59% of US ZIP codes · National median $1,965/mo
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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: July 20, 2026

Annual cost
$23,772/yr
At $1,981/mo median
Location
StateIL
CountyCook County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -3.4% 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

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About renting in ZIP 60466

Last updated: July 20, 2026

ZIP code 60466 covers Park Forest, IL. The median rent here is $1,981/mo as of July 2026. A 1-bedroom rents for a median of $1,610/mo. A 2-bedroom rents for a median of $1,810/mo.

At 39% 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 is rent in ZIP code 60466?

As of July 20, 2026, the median monthly rent in ZIP 60466 (Park Forest, IL) is $1,981. This is based on aggregated data from public sources and community submissions.

How does ZIP 60466 rent compare to the US average?

ZIP 60466's median rent of $1,981/mo is $16 (1%) above the US national median of $1,965/mo.

How does ZIP 60466 compare to other ZIPs in Illinois?

ZIP 60466 falls in the middle range for Illinois, ranking #101 out of 230 ZIPs at $1,981/mo.

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 $79,000/year (~$38/hour full-time) to afford the median rent of $1,981/mo in ZIP 60466. The local median household income is $61,654/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 60466?

Rent in ZIP 60466 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 60466 an affordable place to rent?

ZIP 60466 is considered moderate for renters. At $1,981/mo, rent takes approximately 39% of the local median household income ($61,654/yr). The standard benchmark is 30%. ZIP 60466 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 60466 residents rent vs. own?

According to Census data, approximately 33.7% of ZIP 60466 households are renters, while 66.3% are owner-occupied. ZIP 60466 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 60466 compare to the rest of Park Forest?

ZIP 60466 sits right at the Park Forest citywide median of $1,981/mo.

When was rent data for ZIP 60466 last updated?

Rent data for ZIP 60466 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
39%
MODERATE

At $1,981/mo, rent takes ~39% of ZIP 60466's median household income ($61,654/yr). The standard benchmark is 30%.

ZIP 60466 39%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60466 (Park Forest, IL)

Recent submissions

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