ZIP Code · IL

ZIP 60503

Part of Aurora, IL
Pop. 16,789·Will County·25th most expensive ZIP in Illinois
Median rent (all units)
$2,578/mo
Year-over-Year
Stable
Month-over-Month
-4.8%
vs US Median
+$613
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 60503 · $2,578
More expensive than 81% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,970
1 BR
$2,130
2 BR
$2,500
3 BR
$3,290
4 BR+
$3,680
Research median
$2,500/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
$30,936/yr
At $2,578/mo median
Location
CityAurora
StateIL
CountyWill 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, -4.8% MoM), not inventory.
Demographics

Who lives here

ZIP 60503 (Aurora, IL) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 60.4% of residents hold a bachelor's degree or higher.

Population
16,789
Median income
$136,726
Median age
34.9
Renters
9.8%
Age distribution
28.5%
21.7%
32%
Under 1828.5%
18–3421.7%
35–5432%
55–6410.6%
65+7.4%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
54.4%
13.9%
21.2%
White54.4%
Black12.1%
Hispanic13.9%
Asian21.2%
Education (25+)
25.6%
60.4%
No HS diploma3.6%
HS diploma10.4%
Some college25.6%
Bachelor's+60.4%
Housing tenure
90.2%
Owner90.2%
Renter9.8%

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

2021 vs 2026

How ZIP 60503 in Aurora, IL has changed in 5 years

Income
$112,884 → $136,726
up 21.1%
Population
16,752 → 16,789
up 0.2%
Renter share
12.9% → 9.8%
-3.1 pts
Bachelor's+
53.8% → 60.4%
+6.6 pts
Median age
35.6 → 34.9
-0.7 yrs

Median household income rose from $112,884 to $136,726 between 2021 and 2024, a 21.1% shift. Renters now make up 9.8% of households, compared with 12.9% five years ago. College-educated residents now make up 60.4% of adults here, versus 53.8% in 2021.

Community

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Local insights

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About renting in ZIP 60503

Last updated: July 20, 2026

ZIP code 60503 covers Aurora, IL. The median rent here is $2,578/mo as of July 2026. A 1-bedroom rents for a median of $2,130/mo. A 2-bedroom rents for a median of $2,500/mo.

At 23% of local median household income ($136,726/yr), ZIP 60503 ranks as affordable 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 60503?

As of July 20, 2026, the median monthly rent in ZIP 60503 (Aurora, IL) is $2,578. This is based on aggregated data from public sources and community submissions.

How does ZIP 60503 rent compare to the US average?

ZIP 60503's median rent of $2,578/mo is $613 (31%) above the US national median of $1,965/mo.

How does ZIP 60503 compare to other ZIPs in Illinois?

ZIP 60503 is one of the pricier ZIP codes in Illinois, ranking #25 out of 230 ZIPs tracked at $2,578/mo.

How much income do you need to rent in ZIP 60503?

To keep rent at or below 30% of gross income, you would need to earn at least $103,000/year (~$50/hour full-time) to afford the median rent of $2,578/mo in ZIP 60503. The local median household income is $136,726/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 60503?

Rent in ZIP 60503 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 60503 an affordable place to rent?

ZIP 60503 is considered very affordable for renters. At $2,578/mo, rent takes approximately 23% of the local median household income ($136,726/yr). The standard benchmark is 30%. ZIP 60503 falls comfortably within that range.

What percentage of ZIP 60503 residents rent vs. own?

According to Census data, approximately 9.8% of ZIP 60503 households are renters, while 90.2% are owner-occupied. ZIP 60503 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 60503 compare to the rest of Aurora?

ZIP 60503 is pricier than Aurora as a whole. At $2,578/mo, it's $291 above the Aurora citywide median of $2,287/mo.

When was rent data for ZIP 60503 last updated?

Rent data for ZIP 60503 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $2,578/mo, rent takes ~23% of ZIP 60503's median household income ($136,726/yr). The standard benchmark is 30%.

ZIP 60503 23%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 60503 (Aurora, IL)

Recent submissions

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