ZIP Code · IL

ZIP 60471

Part of Richton Park, IL

Pop. 12,848·Cook County·141st most expensive ZIP in Illinois

Median rent (all units)

$1,651/mo

Year-over-Year

Stable

Month-over-Month

-4.9%

vs US Median

-$281

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 60471 · $1,651

More affordable than 62% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,380

1 BR

$1,470

2 BR

$1,660

3 BR

$2,140

4 BR+

$2,470

Research median

$1,660/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 ($64,494) is $1,612 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,470); a 2-bedroom is $1,660.

From Zillow's monthly rent index (ZORI) for ZIP 60471. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$19,812/yr

At $1,651/mo median

Location

CityRichton Park

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, -4.9% MoM), not inventory.

Demographics

Who lives here

ZIP 60471 (Richton Park, IL) is roughly split between renters and owners, has a median income below the national average, 29% of residents hold a bachelor's degree or higher.

Population

12,848

Median income

$64,494

Median age

44.8

Renters

50.1%

Age distribution

20%

25.5%

14.7%

19.8%

Under 1820%

18–3420%

35–5425.5%

55–6414.7%

65+19.8%

Gender

42.8%

57.2%

Male42.8%

Female57.2%

Race & ethnicity

88.7%

White7.9%

Black88.7%

Hispanic1.7%

Other1.3%

Education (25+)

25.5%

39.8%

29%

No HS diploma5.7%

HS diploma25.5%

Some college39.8%

Bachelor's+29%

Housing tenure

49.9%

50.1%

Owner49.9%

Renter50.1%

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

2021 vs 2026

How ZIP 60471 in Richton Park, IL has changed in 5 years

Income

$66,382 → $64,494

down 2.8%

Population

13,255 → 12,848

down 3.1%

Renter share

46.9% → 50.1%

+3.2 pts

Bachelor's+

30.1% → 29%

-1.1 pts

Median age

41.6 → 44.8

+3.2 yrs

On the earnings side, the typical household in ZIP 60471 in Richton Park, IL now reports about $64,494, up from $66,382 in 2021. The population has contracted by 3.1% since 2021, moving from about 13,255 residents to roughly 12,848. Renters now make up 50.1% of households, compared with 46.9% five years ago.

Community

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Local insights

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About renting in ZIP 60471

Last updated: October 17, 2026

ZIP code 60471 covers Richton Park, IL. The median rent here is $1,651/mo as of October 2026. A 1-bedroom rents for a median of $1,470/mo. A 2-bedroom rents for a median of $1,660/mo.

At 31% of local median household income ($64,494/yr), ZIP 60471 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 60471?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (about $32/hour full-time) to afford the median rent of $1,651/mo in ZIP 60471. The local median household income is $64,494/yr, so the typical household falls short of that bar.